In 2023, Goliath’s drilling initiative broadened and enhanced the Sure bet and Bonanza Shear zones, uncovering a novel gold-silver zone that introduces the possibility of significant deeper discoveries. Last year, over 34,000 meters of drilling at Golddiggers substantially augmented the dimensions and quality of the Sure bet and Bonanza Shear zones, while introducing the newly…
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…
On April 6, 2021, the government of Colombia issued an order to Anglo American, a multinational mining company, to clean up a toxic coal spill in the Santurban region of the country. The spill had occurred in late March, when a coal slurry, a byproduct of coal mining, had leaked from a storage tank and…
On Wednesday, the Panamanian branch of Canadian mining company First Quantum Minerals announced its intention to present the initial stage of its mine conservation plan to government authorities on January 16. This decision follows the closure order issued for its project last year. Due to a ruling by Panama’s highest court, citing the contract as…
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…
In a strategic move to expand its operations in Africa, Zimbabwean mining company RioZim recently announced the acquisition of a prominent Namibian diamond mine. The deal, which was finalized earlier this week, marks a significant milestone for RioZim and positions the company as a key player in the African diamond industry. The Namibian diamond mine,…
AngloGold Ashanti, the world’s third-largest gold producer, has announced that it is putting its Crixas gold mine in Brazil up for sale. The company said that the decision to divest the mine was part of its ongoing strategy to focus on its core operations and to reduce its exposure to countries with high political and…
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 recent developments, the mining industry is witnessing significant changes driven by advancements in technology and a growing emphasis on sustainability. These trends reflect a broader shift in the mining industry towards greater efficiency, sustainability, and responsibility, as companies adapt to new challenges and opportunities in the global market.
The Biden administration is reportedly holding off on implementing sanctions against Russia that would target the country’s aluminum industry. The sanctions, which were announced by the Trump administration in December 2020, would have imposed restrictions on Russian aluminum producer Rusal, the world’s largest aluminum producer outside of China. The sanctions were intended to punish Russia…