In a significant development for the mining industry, the Responsible Copper Mining Framework, which has gained traction in recent years, is being extended to encompass the extraction of nickel, zinc, and molybdenum. This expansion marks a critical step forward in promoting responsible and sustainable practices within the resource extraction sector, addressing environmental, social, and economic…
The recent approval of the Pan American Silver-Yamana Gold deal by Mexican authorities has attracted attention within the mining industry and financial markets. The deal involves the acquisition of the Mercedes gold-silver mine in Mexico by Pan American Silver Corp. from Yamana Gold Inc. This development holds implications for the companies involved, the local economy,…
The approval of the Maxwell coal mine in New South Wales, Australia, has sparked debates about the delicate balance between energy needs, economic development, and environmental conservation. The decision highlights the ongoing global challenge of reconciling the demand for fossil fuels with the imperative to address climate change and transition to renewable energy sources. The…
Vale, one of the world’s largest mining companies, is set to mark a significant milestone as the first shipment of iron ore from its highly anticipated S11D mine begins its journey to Asia. The S11D project, located in Brazil’s Carajás region, is renowned for its immense scale, advanced technology, and potential to reshape the global…
The fate of a controversial gold mining project in French Guiana, jointly operated by Russia and Canada, hangs in the balance as Paris deliberates on its environmental and social implications. The Montagne d’Or gold mine, situated in the lush rainforests of French Guiana, has sparked fierce debates over the potential economic benefits versus the ecological…
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 –…
Dubai, known for its gleaming skyscrapers, luxury shopping, and bustling trade, has been grappling with a dark shadow over its reputation in recent years – the issue of smuggled African gold. Despite its efforts to establish itself as a global hub for legitimate gold trade, reports of illicit gold trafficking from Africa have tarnished Dubai’s…
DeepGreen Metals, a deep-sea mining company specializing in extracting battery metals from the ocean floor, has taken a significant step forward in its mission. Recently, the company secured a substantial cash injection from Swiss investment firm, MetalOil, providing the necessary funds to accelerate its exploration and development efforts. This investment brings DeepGreen one step closer…
In a significant development for the global lithium industry, Tianqi Lithium Australia, a subsidiary of Tianqi Lithium Corporation, has achieved a milestone by producing Australia’s first battery-grade lithium hydroxide. This breakthrough marks a crucial step forward in the production of high-quality lithium compounds needed for the booming electric vehicle (EV) and renewable energy sectors. The…
In recent years, concerns over the ethical and environmental impact of mining have grown, prompting a global push for responsible and sustainable practices within the industry. The issue of “blood metals,” which are minerals extracted from conflict zones or areas with poor labor practices, has particularly gained attention. In response to this mounting awareness, Avalon…