Canadian mining company Vizsla Silver Corp has confirmed that workers abducted from one of its project sites in Mexico have been found dead, bringing a tragic end to a case that has raised serious concerns about safety in the mining sector. The Vancouver-based silver miner reported last month that 10 workers were kidnapped from its…
Panama and First Quantum Minerals Ltd. are reportedly close to reaching an agreement to save the Canadian mining company’s Cobre Panama copper mine project. The two sides have been in talks for months over the future of the project, which has been stalled for several years due to a dispute over royalty payments and other…
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…
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…
Mining in Australia dates back to the early 1800s, when explorers discovered vast deposits of minerals and metals in the continent. In the 19th century, the gold rushes of the 1850s and 1860s saw hundreds of thousands of fortune seekers converge on the country in search of wealth. These gold rushes were followed by a…
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…
When people talk about “shaft mining,” the spotlight usually lands on the mine owners. But the truth is, the projects don’t move without the specialist contractors who do the tough, technical work underground—sinking new shafts, deepening old ones, rebuilding infrastructure, and fitting everything out for hoisting and ventilation. And these aren’t small jobs. A mine…
The United Nations’ statement at the COP26 (26th UN Climate Change Conference of the Parties) regarding mining has sparked significant attention and debate. The statement, “Enough of mining…we are digging our own graves,” reflects growing concerns about the environmental and social impacts of mining activities. This article will elaborate on the context and implications of…
China is set to step up its efforts to explore and exploit deep sea mining resources, a move that could have far-reaching implications for the global economy. The Chinese government has long been interested in deep sea mining, with its Ministry of Natural Resources (MNR) announcing in 2018 that it was investing in the development…
Amidst the ongoing violent turmoil in Ecuador, the emerging mining industry envisions a path forward, as both operational mines and upcoming projects are anticipated to proceed as scheduled, bolstered by heightened security measures. Despite residents taking refuge at home due to President Daniel Noboa’s war on drug gangs, mines belonging to Lundin Gold Inc. and…