Cluff Gold Company said it signed a memorandum of understanding for a long-term calculated partnership with Samsung C&T Corp, which will start with a US$20 million capability in return for mining equipment gold off-take. The US$20 million will be drawn instantly and go towards the company’s stability sheet, whilst make sure Cluff’s Sega project in…
The value of metals is determined by various factors, including rarity, industrial usage, and investment demand. Here are ten of the most precious metals that are mined: Gold: Gold has been highly valued throughout history for its beauty and rarity. It is used in jewelry, electronics, and as an investment. Platinum: Platinum is a dense,…
Zimbabwe has accused the United States of lying about the use of forced labour in its diamond-mining industry. The US State Department released a report in February this year that alleged that the Zimbabwean government was using forced labour in the diamond-mining sector, in particular in the Marange diamond fields. The report said that the…
SolGold, a London-listed copper and gold exploration and development company, recently announced that its Cascabel copper-gold project in Ecuador could become one of the top 20 copper mines in South America. The news was welcomed by investors, as the company has been working hard to develop the project since it was acquired in 2014. The…
Africa-focused diamond miner Petra Expensive diamonds can expect output for 12 months closing summer 2013 to elevate by around 30%. Using the corporation’s original results Petra can expect result from it’s just lately purchased Finsch my very own as well as Williamson my very own as well greater result at its Kimberley mining equipment to…
Rio Tinto’s development of the Brockman Syncline 1 iron ore mine in the Pilbara region is a major project aimed at securing the company’s iron ore supply for the future. The mine will play a crucial role in extending the operational life of Rio Tinto’s Brockman area, which is important because the iron ore grades…
Global Lithium Corporation (GLC) is pleased to announce that its Manna lithium deposit in Australia is expanding. The company recently completed a successful drilling program that has extended the known mineralization of the deposit. The Manna lithium deposit is located in western New South Wales, Australia, and is one of the largest known lithium deposits…
Teck Resources Ltd. has announced that it will spin off its coal operations into a separate company, to be named Teck Metals Ltd. The new company will focus on the exploration and development of mineral resources, including copper, zinc and lead. Teck Resources is one of the world’s largest producers of metallurgical coal and has…
In the past year, Germany marked a significant environmental achievement by attaining a 70-year low in emissions. This milestone, notable for the largest economy in Europe, is primarily credited to a substantial decrease in reliance on coal, indicating a transformative change in the country’s energy framework. The decrease in emissions wasn’t limited to the energy…
A recently identified mineral, named kanatzidisite, was found in the mining dumps of the abandoned Nagybörzsöny gold deposit at Alsó-Rózsa in northern Hungary. Kanatzidisite, belonging to the class of materials known as chalcogenides, has historical usage in copper production and modern applications in catalytic reactions for fuel production, solar cells, and various materials. This novel…