South African energy company Seriti Resources has announced plans to build the largest wind farm in the country to power its coal mines. The project, which is expected to cost around R1.8 billion (US$120 million), will involve the construction of up to 200 turbines and is expected to generate up to 400 megawatts of electricity….
The launch of a major new copper mining project in Chile marks a milestone in one of the world’s most important mining sectors. The $3.5 billion El Teniente project, located in the Andes Mountains, is the largest copper mining project to come online in over two decades. The project is being developed by Codelco, the…
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…
The Zijin Mining Group is a Chinese multinational mining conglomerate that is one of the world’s largest gold producers. It has been operating in Colombia since 2008 and is the largest foreign investor in the country’s mining sector. In May 2021, the company’s gold mine in Colombia, located in the municipality of Buritica, was the…
In recent years, the world’s attention has been drawn to the potential of South America to become a major player in the global lithium market. The region is home to some of the world’s most abundant reserves of the light metal, which is used in batteries for electric cars, laptops and other electronic devices. As…
Orla Mining’s exploration results from near-pit drilling at the Camino Rojo gold mine in Mexico suggest the potential for expanding resources and extending the current 10-year mine life, according to the company’s announcement on Thursday. The successful drill program in the proposed layback area near the open-pit mine indicates the possibility of replenishing some of…
The arrival of Australian coal in the Chinese market has been a long time coming, with the market already oversupplied and demand for coal decreasing. This has made it difficult for Australian coal to compete with the cheaper, higher quality coal from other countries. However, the recent arrival of Australian coal in the Chinese market…
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 –…
BHP Billiton, the world’s largest miner, is looking to bypass the lithium boom and invest in copper and nickel projects instead. The company is seeking to diversify its portfolio away from its traditional focus on iron ore and coal, and is looking to explore new opportunities in copper and nickel. The move comes as the…
Anglo Asian Mining plc (AIM:AAZ), the gold, copper and silver producer with operations in Azerbaijan, has announced that it has made another strategic investment in Libero Copper Corporation (TSXV:LBC). The London-listed miner has purchased an additional 4.3 million common shares of Libero at a price of CAD$0.45 per share, through a private placement. The total…