The race to mine the ocean floor is being reignited as the Metals Company, a Canadian resource exploration and development company, has announced plans to explore for and develop seafloor massive sulfide (SMS) deposits. SMS deposits are formed on the seafloor when hydrothermal fluids, or hot water, rich in metals and minerals, are expelled from…
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…
Cyanide is widely used in modern gold mining as a cost-effective and efficient method to extract gold from low-grade ore. The process is known as cyanidation or the cyanide leaching process and has been the dominant gold extraction method for over a century. How Cyanide is Used in Gold Mining Crushing & Grinding – The…
Gold is a precious metal that has been recognized for its value since ancient times. It has been used as money, as a medium of exchange, and as a store of value. But despite its long history and its many uses, gold often gets overlooked or “no respect” in comparison to other metals. This is…
SolGold, a London-listed copper and gold exploration and development company, recently announced that its Cascabel copper-gold project in Ecuador could become one of the top 20 copper mines in South America. The news was welcomed by investors, as the company has been working hard to develop the project since it was acquired in 2014. The…
A new report has found that women in the mining industry still face bullying, discrimination and a lack of career progression opportunities. The report, commissioned by the Minerals Council of Australia, highlights the need for the industry to become more diverse and inclusive. It found that although the mining industry has made progress in recent…
Gold prices recovered on Thursday after the European Central Bank (ECB) raised interest rates higher than expected. The ECB increased its deposit rate by 10 basis points to -0.40 percent, a move that was widely expected by economists. The central bank also announced that it would begin to reduce its bond-buying program, known as quantitative…
The Metals Company, formerly known as DeepGreen Metals Inc., has rekindled the race to mine the ocean floor, sparking a renewed debate over the environmental and economic implications of deep-sea mining. The company’s ambitious venture aims to extract valuable metals and minerals from the depths of the ocean, but it has ignited concerns about the…
Glencore, one of the world’s largest commodities trading and mining companies, is reportedly mulling offers for its CSA copper mine in Australia. The Swiss-based company is said to be in discussions with several interested parties, including a consortium led by private equity firm EMR Capital. The CSA copper mine, located in Cobar, New South Wales,…
Shares of Energy Fuels (UUUU) moved sharply this week after the U.S.-based uranium miner announced it exceeded its previously disclosed 2025 uranium production and sales guidance. The stock jumped during Monday’s session before retreating on Tuesday, as investors reacted to both strong operational results and broader market volatility. Energy Fuels said it expects to sell…
