Platinum: Platinum is a material which is very rare and the cost of gold is double than gold. In igneous rocks platinum is formed and these rocks also have iron and magnesium. Along with other materials like copper and gold, Platinum is also found in thin layers. Using surface and underground Platinum is mined. Due…
Europe’s Green Deal is a comprehensive and ambitious plan aimed at transforming the continent into a climate-neutral and sustainable society by 2050. At the core of this initiative is a shift towards renewable energy, electric mobility, and the reduction of greenhouse gas emissions. However, the path to achieving these goals faces a significant roadblock –…
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…
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…
Rio Tinto and Glencore have resumed merger discussions that, if successful, would result in the creation of the world’s largest mining company. The renewed talks come nearly a year after earlier negotiations between the two mining giants fell apart due to disagreements over valuation, leadership, and asset structure. If a deal is finalized, the combined…
South African stocks rose on Friday as demand for safe-haven investments increased amid rising worries about global economic growth. Gold mining companies and other gold-related stocks were the biggest beneficiaries as gold prices gained amid increased risk-off sentiment. Investment holding companies were also among the top gainers, with investors seeking refuge in these companies’ assets,…
In recent months, China has seen a rise in coal mine accidents as the country pushes for higher production. The increase in accidents comes as the country ramps up coal production and consumption in order to meet its energy needs. China is the world’s largest producer and consumer of coal, and it is estimated that…
Cluff Gold Company said it signed a memorandum of understanding for a long-term calculated partnership with Samsung C&T Corp, which will start with a US$20 million capability in return for mining equipment gold off-take. The US$20 million will be drawn instantly and go towards the company’s stability sheet, whilst make sure Cluff’s Sega project in…
Patriot Battery Metals, a prominent player in the mining and metals industry, has announced a significant extension of the Corvette lithium deposit located in Quebec. This development marks a crucial milestone not only for the company but also for the growing demand for lithium, a vital component in batteries used for electric vehicles (EVs) and…
Queensland government will put up a three-member execution committee to manage the continuation of Uranium Mining in the state, according to a announcement from premier Campbell Newman and the minister for natural resources and mines, Andrew Cripps. The statement followed “sustained public debate on uranium mining in Queensland, and strong support for the uranium industry…