The future of the global mining industry is closely connected to the future of the global mining workforce. As the world enters an era of major technological advances, the global mining workforce is increasingly being shaped by the impact of automation, digitalization, and the rise of robotics. Automation is rapidly replacing manual labor in the…
Nationalization remains a prominent subject in mining discussions. With tightening supply chains and increasing strength in long-term demand drivers, resource-rich nations are striving to secure a larger portion of their mineral wealth. Throughout South America, Africa, and Asia, countries are challenging established norms that enable multinational miners to profit substantially from local resources. Although nationalization…
Aluminium Dunkerque, a French aluminium producer, has announced plans to sell a portion of its metal to Glencore, one of the world’s leading commodities traders. The deal marks an important step forward for the two companies in terms of their long-term relationship. Aluminium Dunkerque is one of the largest aluminium producers in Europe, with an…
Copper prices have been on the rise in recent weeks, buoyed by hopes of improving demand in China, the world’s largest consumer of the metal. The price of copper, a key industrial metal used in the production of everything from electronics to cars, has been on a roller coaster ride in recent months. After hitting…
Alrosa, the world’s top diamond miner, has been hit by US sanctions, leading to a drop in its share price and a warning from the company that it could be forced to delay some of its projects. The US Treasury Department announced on April 15th that it had sanctioned Alrosa and its subsidiaries for their…
The diamond trade was left stunned on Tuesday when Signet Jewelers, the world’s largest retailer of diamond jewelry, announced that it would no longer be buying diamonds from Russia. The move, which is unprecedented in the industry, has sent shockwaves through the international diamond market and has left many in the trade scrambling to understand…
Governments around the world are increasingly focusing on electrification initiatives to combat climate change, but the mining sector is often overlooked in these efforts. Despite being an essential part of the global energy mix, mining is often overlooked in electrification initiatives. Mining is a vital part of the global economy, and it is essential for…
Diverse Range of Minerals – Mining extracts a variety of minerals, including metals (gold, silver, copper), gemstones (diamonds, rubies), industrial minerals (limestone, gypsum), and energy resources (coal, uranium). Oldest Human Industry – Mining dates back over 40,000 years, with early humans extracting materials like flint and ochre for tools and pigments. Global Economic Impact –…
Metallic Minerals Corp. has signed a production royalty agreement with celebrity miner, Dakota Fred Hurt, that will allow Metallic Minerals Corp. to conduct exploration, development and mining operations on Hurt’s gold claims in the Yukon. The exciting development is expected to boost Metallic Minerals’ presence in the Yukon gold rush. Metallic Minerals will now have…
Three miners were killed and two injured in an explosion at a Russian mine in the Kemerovo region on Friday. The incident occurred at the Kiselyovskaya mine, located in the city of Prokopyevsk. The blast occurred at around 11:30 a.m. local time when a methane gas explosion took place at a depth of approximately 500…