On Wednesday, the International Council on Mining and Metals (ICMM) announced its decision to abstain from engagement in exploration-related activities within world heritage sites. Instead, the focus will be directed towards ensuring the absence of any net loss of biodiversity at all mining sites. Amidst the ongoing proceedings at the World Economic Forum in Davos,…
Hecla Mining Company (NYSE: HL) recently announced its acquisition of Alexco Resource Corp. (NYSE American: AXU) in an all-stock transaction valued at approximately $152 million. The acquisition will add Alexco’s high-grade silver and gold assets to Hecla’s portfolio. Hecla Mining is a leading silver and gold producer with operations in the United States and Canada….
Botswana Diamonds, a diamond exploration and project development company, has announced that it has started diamond mining operations in South Africa. The company is exploring for diamonds in the country’s Northern Cape Province, which is renowned for its diamond deposits. Botswana Diamonds has already acquired a number of diamond-bearing properties in the region and is…
Rock Tech Lithium Inc. and Bilfinger, two prominent players in the energy and industrial sectors, have joined forces to embark on an ambitious project that holds the potential to reshape Europe’s lithium supply chain and bolster its clean energy transition efforts. The collaboration aims to construct Europe’s inaugural lithium refinery, marking a significant milestone in…
The metal ore mining industry segment covers the extraction of metal ores, primarily gold, silver, iron, copper, lead, and zinc. These naturally occurring minerals have a variety of industrial purposes: gold and silver are primarily used in jewelry and high-end electronics, iron is used to produce steel, copper is the main component of electrical wiring,…
