In recent times, the global copper market has been undergoing a significant shift, marked by the emergence of a supply-demand imbalance that has led to what experts are terming an “age of extremely large deficits.” This development has far-reaching implications for various industries and economies around the world, given copper’s indispensable role as a foundational…
Endeavour Mining Corporation, a West African gold producer, announced the discovery of a potential new flagship gold project in the country of Côte d’Ivoire. The company said that the project, located in the north-central region of the country, has the potential to be a major gold producer. The announcement follows the company’s recent success in…
Teck Resources Limited, one of the largest diversified mining companies in the world, announced on March 4, 2021 that it will spin off its coal business into a new entity called Teck Metals Ltd. The move is part of the company’s strategy to focus on its core metals businesses and reduce its exposure to the…
In recent months, China has seen a rise in coal mine accidents as the country pushes for higher production. The increase in accidents comes as the country ramps up coal production and consumption in order to meet its energy needs. China is the world’s largest producer and consumer of coal, and it is estimated that…
In a world obsessed with wealth and the pursuit of shiny objects, a group of intrepid treasure hunters found themselves standing before the ultimate symbol of opulence: a mountain made entirely of gold. It was a discovery that would make Midas green with envy and set off a chain of events that could only be…
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…
Lithium Americas Corp. (TSX:LAC) (NYSE:LAC) is expanding the resource at its Thacker Pass lithium project in Nevada, USA, and is awaiting a final permit decision from the state of Nevada. The company announced that it has completed a preliminary economic assessment (PEA) for the project, which shows that the Thacker Pass project has the potential…
Anglo Asian Mining, the London listed gold, copper and silver producer, reported a return to profitability in the first half of 2018, driven by a doubling of copper production. The company, which operates in Azerbaijan, said its copper output rose to 1,721 tonnes in the six months to June 30, up from 843 tonnes a…
A photo captured by Agnico Eagle showcases the Northern Lights above the Meliadine mine in the Kivalliq district of Nunavut. On Thursday, Canada officially handed control of its vast Arctic territory, Nunavut, over its reserves of gold, diamonds, iron, cobalt, and rare earth metals. This action has the potential to stimulate exploration and development in…
BHP, one of the world’s largest mining companies, has announced a trial of renewable diesel fuel at its Yandi iron ore operations in Western Australia. The trial is part of BHP’s commitment to reduce its greenhouse gas emissions intensity by 30% by 2030. The trial will involve the use of renewable diesel fuel in some…
