A recent study suggests that the establishment of new critical mineral mines in British Columbia has the potential to generate approximately $600 billion.

A recent independent economic impact analysis, commissioned by the Mining Association of British Columbia (MABC), reveals that 16 proposed critical mineral mines in the province hold a pivotal position. These mines represent a near-term investment of C$36 billion, with the potential to generate 300,000 person-years of employment and contribute C$11 billion in tax revenues. In…

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King Kong Engaging in Gold Mining

In this imaginative depiction, King Kong, the iconic giant gorilla, is portrayed in a scenario far removed from his usual role as a fearsome beast. Donning a miner’s helmet equipped with a bright headlamp, he delves into the depths of an underground mine. With his immense strength, he effortlessly breaks through the rock, revealing the…

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opal mining

How is opal mined?

Opal: Opal has been a mystery for centuries. No two opals look alike. The word “opal” was derived from a Greek word opallos, meaning ‘to see changes of color’. Opal is derived as a precious gemstone which is formed from non-crystalline silica gel. It consists of 6 to 10 per cent water and small silica…

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Manara Minerals fund in Saudi Arabia is set to establish a metals trading division.

Saudi Arabia’s Manara Minerals investment fund is considering the establishment of a metals trading division to support its ventures in overseas mining companies, according to the fund’s acting CEO, Robert Wilt. Manara Minerals, a joint venture between state-owned miner Ma’aden and the Public Investment Fund (PIF), was created as part of Saudi Arabia’s economic diversification…

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