The Ford Motor Company has requested that the United States government speed up the process of granting mining permits. This request comes as part of Ford’s efforts to secure the supply of raw materials needed to build its vehicles. Mining is a critical part of the auto industry as it provides the raw materials needed…
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…
China’s top coal supplier, the China National Coal Group Corporation (China Coal), has switched to more costly auctions in order to secure a stable supply of coal for its customers. The move is part of the company’s efforts to combat the country’s growing energy crisis. China Coal, which is the largest coal producer in the…
Mining in Australia dates back to the early 1800s, when explorers discovered vast deposits of minerals and metals in the continent. In the 19th century, the gold rushes of the 1850s and 1860s saw hundreds of thousands of fortune seekers converge on the country in search of wealth. These gold rushes were followed by a…
Glencore and Metals Acquisition LLC have amended their original agreement to finalize the sale of the CSA copper mine in Cobar, New South Wales, Australia. In June 2019, Glencore announced its sale of a majority stake in the CSA copper mine, based in Cobar, New South Wales, Australia, to Metals Acquisition LLC—a company formed by…
Mali, a West African nation with a rich history in gold mining, has been thrust into the spotlight as it grapples with the aftermath of a tragic incident – the collapse of an illegal gold mine. This unfortunate event has not only highlighted the perils associated with clandestine mining activities but has also underscored the…
Minera Gold (“Minera” or “the Company”), a mineral exploration and development company, is pleased to announce the initial mineral resource estimate for its Yoquivo silver-gold project located in the state of Chihuahua, Mexico. The Mineral Resource Estimate was completed by Qualified Person, Mr. Ramon Rojas, MSc. P.Geo., of Rojas & Asociados, S.C., using the Canadian…
South Africa’s antitrust agency said on Wednesday that it was scrutinizing a hostile takeover battle for one of the country’s leading platinum producers, with the regulator aware of the potential impact of a pending transaction on the nation’s broader economy. The Competition Commission of South Africa said that it was looking into a takeover offer…
In recent decades, mines have progressively adopted cleaner, safer, and more efficient operations, benefiting from advancements in positioning and orientation technology that facilitate automation and autonomy. Indeed, a 2020 report from Baker McKenzie revealed that the global smart mining market was valued at US$6.8 billion in 2019, with projections anticipating it to reach US$20.31 billion…
Frank Timis, the founder of African Minerals, has announced that he is in the process of acquiring the Sierra Leone assets of the now-bankrupt London Mining. The acquisition is being made through Timis’ company, Timis Corporation, which will acquire London Mining’s iron ore assets in Sierra Leone for an undisclosed amount. London Mining had been…