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…
The future of the global mining industry is closely connected to the future of the global mining workforce. As the world enters an era of major technological advances, the global mining workforce is increasingly being shaped by the impact of automation, digitalization, and the rise of robotics. Automation is rapidly replacing manual labor in the…
The Australian government’s decision to impose an export ban on aluminum is causing significant disruptions in global markets and has the potential to drive up aluminum prices, leading to potential inflationary pressures. The move is expected to have far-reaching consequences for various industries and economies heavily reliant on aluminum imports from Australia. Australia, one of…
BHP, a global mining leader, has sounded the alarm about the future of copper supply, highlighting the urgent need for the industry to invest around $250 billion over the next decade to meet surging demand. This rising demand is driven largely by the rapid growth of electric vehicles (EVs) and renewable energy initiatives, which depend…
In a momentous achievement for the mining industry, BHP, one of the world’s largest diversified resource companies, has reached a significant milestone at its Jansen potash project in Saskatchewan, Canada. The milestone marks a crucial step forward in BHP’s ambitious venture into the potash market, positioning the company to become a major player in the…
Mosaic Co., one of the world’s largest producers of potash fertilizer, has announced plans to reduce production at its Colonsay potash mine in Saskatchewan, Canada. The move is part of a broader strategy to reduce costs and streamline the company’s operations in the face of a challenging market environment. The Colonsay mine is one of…
FMF26: Mining’s New Generation About to Hatch Global engineering and mining consultancy Hatch has been a familiar presence at the Future Minerals Forum (FMF) in Saudi Arabia for the past three years. But at FMF26 in Riyadh, the focus has shifted toward something bigger — the emergence of a new generation of mining professionals. Speaking…
Since the turn of the century, Canada has fallen from its standing as the world’s leading producer of minerals. Economic analyses estimate that for the globe’s top 10 countries, Canada’s rankings have dropped from the top or near-top producer in most minerals, to as low as the 8th or 9th in the rankings. A newly…
In a future not too distant, the red planet Mars became the new frontier for humanity’s insatiable thirst for resources. Gone were the days of panning for gold in rivers or drilling for oil in the ocean. The new gold rush was happening on a planetary scale, and it was redder than ever. Enter the…
Gold mining company Polymetal International announced on Monday its plan to sell its entire Russian mining operation for $3.69 billion, aiming to completely withdraw from the Russian Federation due to the risks of Western sanctions and potential nationalization by Putin’s government. Subject to shareholder approval, Polymetal intends to sell its Russian business to JSC Mangazeya…