Magnesium is the third most used metal, following iron and aluminium. Magnesium derives its name from magnesite, a magnesium carbonate mineral, and this stone in turn is told to owe its name to magnesite dumps found in Magnesia, a region in the antique Greek region of Thessaly. The British chemist Humphry Davy is said to…
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…
Gold mining consists of the processes and techniques employed in the removal of gold from the ground. Earlier gold was mined using different methods like Panning, cradling, dry blowing, shaft mining, Puddling and dredging. Nowadays open cut mining and underground methods are used for gold mining. Panning is one of the oldest techniques of separating…
Glencore and Trafigura are urging Asian smelters to agree to lower spot prices for the conversion of mined copper into metal this year, challenging the traditional industry benchmarks that are considerably higher, according to three sources familiar with the situation. Traditionally, the industry has relied on annual benchmarks, known as treatment charges (TCs), for contracts…
The mining sector is one of the most important economic sectors in the world, accounting for over 10% of global GDP and employing millions of people around the world. As the sector has grown in size and importance, so too has the need for miners to adopt environmental, social, and governance (ESG) and transparency reporting…
Canada Nickel Company Inc. has reported high nickel recoveries from its Reid Brook nickel-cobalt-copper project located in the central part of the province of Newfoundland and Labrador. The company said that it has achieved nickel recoveries of up to 95% in its initial metallurgical test work. It added that the results have exceeded expectations and…
In 2024, the coal mining industry finds itself at a critical juncture, balancing economic pressures, evolving technology, and intensifying environmental concerns. Despite being a key energy source for many nations, coal’s long-term viability is under increasing scrutiny as the world transitions toward cleaner, more sustainable energy solutions. Below is an in-depth look at the key…
Despite a series of announcements by companies scaling back production in response to plunging prices, nickel futures continued their downward trend on the London Metal Exchange. The metal, used in stainless steel and electric-vehicle batteries, has seen a more than 40% decline from a year ago, primarily due to a global surplus. The market has…
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…
China’s decision to remove all remaining restrictions on Australian coal imports has been welcomed by the Australian government, which has been seeking to boost trade ties with its largest trading partner. The move was announced on Wednesday by China’s Ministry of Commerce, which said that the restrictions, which had been in place since February, had…