Category: MINING POST

GOLD MINING

Navigating the Headwinds: The Challenges and Future of Wind Power

Wind power, long hailed as a cornerstone of renewable energy, is currently facing significant challenges. This article delves into the core issues confronting the industry and explores potential pathways forward. The Current Crisis The wind power industry has seen remarkable growth over the past decades, outpacing skeptics and establishing itself as a viable alternative to […]

Saskatchewan’s Horizon Brightens with $6.4 Billion Potash Mine Expansion

Saskatoon, Saskatchewan – In a bold move that is set to redefine the province’s economic landscape, the Jansen potash project is gearing up for a massive expansion, thanks to a $6.4 billion investment aimed at turning it into one of the world’s most substantial potash mines. This ambitious project is expected to not only enhance […]

Cameco Receives Green Light: A 20-Year Extension on Three Uranium Sites

In a significant move towards the advancement of nuclear energy in Canada, the Canadian Nuclear Safety Commission (CNSC) has granted a 20-year license renewal to Cameco for their Key Lake, McArthur River, and Rabbit Lake uranium sites in northern Saskatchewan. Key Details: Background Information: Cameco had submitted their application for these 20-year license renewals back […]

The Lithium Landscape Transforms: SQM’s Strategic $1 Billion Acquisition of Azure Minerals

In a significant move that underscores the intensifying scramble for essential battery metals, Sociedad Química y Minera de Chile (SQM), one of the world’s foremost lithium producers, has solidified a $1 billion takeover agreement with Perth-based Azure Minerals Ltd. This development marks a strategic pivot in the lithium extraction industry, spotlighting Australia’s pivotal role in […]

New Era Dawns with Newmont’s Landmark $15 Billion Acquisition of Newcrest Mining

In an industry-defining move, shareholders of Newcrest Mining Ltd., Australia’s largest gold miner, have overwhelmingly endorsed the firm’s takeover by Newmont Corp., the leading U.S.-based miner, for a staggering $15 billion. This approval marks the climax of what is set to be the gold sector’s most substantial deal, underscoring a period of intensified consolidation and […]

Marvel Discovery Corp. Expands Uranium Footprint with Costigan Lake Acquisition

In a move that cements its position as a formidable player in the uranium sector, Marvel Discovery Corp. announced its acquisition of the Costigan Lake Uranium Project. Situated on the eastern flank of the renowned Athabasca Basin, this acquisition adds a massive 5,518ha to Marvel’s burgeoning portfolio. The Strategic Advantage The Costigan Lake Project is […]

The Rising Significance of Rare Earth Elements

In a world driven by technology and innovation, the demand for materials that power our devices and support our infrastructures has exponentially grown. At the forefront of these materials are Rare Earth Elements (REEs), a group of 17 unique minerals pivotal to various industries, from electronics to green energy. Defense Metals’ recent announcement about the […]

New Found Gold: A Golden Opportunity in Newfoundland?

enturing deep into Newfoundland, Canada, lies New Found Gold Corp., a gold exploration company valued at over $600 million. The buzz? Their recent outstanding gold discoveries, particularly the high-grade Iceberg Zone. A follow-up to earlier coverage, New Found Gold Corp. continues to unravel the gold riches of the Central Newfoundland Gold Belt. Despite stock price […]

JV Article: F3 advances Athabasca’s latest uranium find

F3 Uranium (TSX: FUU) has made the latest high-grade uranium discovery in Canada’s prolific Athabasca Basin.  The company struck paydirt last November when it drilled an intersection of 15 metres grading 6.97% uranium oxide (U3O8) on the JR zone of its PLN property on the western part of the basin.  Since then, the project’s potential […]

PH laws too restrictive on mining sector, says PCCI

The country’s largest business organization said local laws were restrictive for the mining sector, holding back the potential of the sector to be a major economic contributor. George Barcelon, president of the Philippine Chamber of Commerce and Industry (PCCI), last week said that the government was imposing numerous taxes on commercial mining firms as well […]

An attack on a Chinese mining convoy carrying gold in Congo leaves 4 dead, authorities say

Gold miners pan for gold in the Eastern Congo mining town of Kamituga March 13 2021. An attack on a Chinese mining convoy transporting gold in northeast Congo killed four people, including two Chinese nationals, authorities said Friday. (AP Photo/Moses Sawasawa/Fondation Carmignac) An attack on a Chinese mining convoy transporting gold in northeast Congo killed […]

Dr. Sam Spearing talks education and workforce

ELKO – On a shelf in a tall bookcase in Dr. Sam Spearing’s office are memories of a decades-long career in mining around the world. Spearing, the executive director of workforce development and the Mining Center of Excellence at Great Basin College, has displayed various objects that hearken back to “the good old days of […]

After Adani, OCCRP targets Vedanta; alleges mining giant ran lobbying campaign to weaken green rules

2023-08-31 19:49:02 The Organised Crime and Corruption Reporting Project (OCCRP) in a fresh article has said Anil Agarwal-led Vedanta was behind a “covert” lobbying campaign to weaken key environmental regulations during the Covid-19 pandemic. The article, which was published on Thursday, said that the Indian government approved the changes without public consultation and implemented them […]

BQE Water resumes water treatment at Minto mine in Yukon

BQE Water has been contracted by the Yukon Department of Energy, Mines and Resources to provide expertise and support with water management at the abandoned Minto copper-gold mine in central Yukon on settlement land of the Selkirk First Nation. Under the contract, BQE will provide two types of services: operations services and technical advisory and engineering services. The […]

Palladium One explores Canalask nickel

2023-07-12 16:33:54 Preps for EM survey to refine drill targets on Yukon project North of 60 Mining News – July 12, 2023 Palladium One Mining Inc. July 10 announced that crews are carrying out fieldwork in preparation for a high-resolution, ground-based electromagnetic survey at its Canalask nickel-copper project in western Yukon. Accessible from the Alaska […]

Sudbury mining supplier acquired by Swedish company

HARD-LINE, which specializes in remote-controlled technology, has been bought by Hexagon HARD-LINE, a Sudbury mining supplier specializing in remote control technology, has been acquired by the Swedish company Hexagon. According to a June 12 news release issued by the companies, HARD-LINE will now come under Hexagon’s mining division. “With Hexagon’s expertise and our internationally recognized […]

Exploits Discovery Commences Till Sampling Program at Gazeebow South

Toronto, Ontario–(Newsfile Corp. – July 12, 2023) – Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) (“Exploits” or the “Company”) is pleased to announce the start of its 2023 sampling program at Gazeebow South in central Newfoundland. This program will be composed of 58 samples collected on a 500 x 500 metre grid pattern […]

Canadian government supports moratorium on commercial seabed mining

Yesterday the Canadian government said it supports a moratorium on commercial seabed mining in areas beyond national jurisdiction and the federal government will not support the provisional approval of a plan of work. The announcement was made by three cabinet ministers: Mélanie Joly, Minister of Foreign Affairs, Jonathan Wilkinson, Minister of Natural Resources, and Joyce […]

Superior Glove offers free, in-depth guide to hand safety

Ensure your team’s hand safety and prevent costly injuries with Superior Glove’s comprehensive underground mining hand safety guide. It offers information on worker safety, potential hazards, and PPE selection criteria. Hand injuries are the No.1 preventable injury around the world. In underground mining, common injuries are due to working with variable rock, vibrating tools, large […]

Deep-sea mining could impact tuna fisheries

MELBOURNE (Reuters) – Deep-sea mining could interfere with migration of tuna that is expected to be driven by climate change to areas of the Pacific Ocean currently slated for mining activity, a study released on Tuesday showed. The Nature Sustainability journal study, which centred on three species of tuna, found climate change would likely change […]

Nevada juniors collaborate on mine reclamation research

Two groundbreaking projects aimed at offsetting carbon emissions and implementing sustainable mine reclamation have been developed for the Tonopah Silver District. The collaboration between Tonopah-focused Century Lithium, American Lithium, Fortitude Gold, Centerra Gold, and West Vault Mining and Reno-based arid land restoration expert Dr. Tamzen Stringham highlights the potential for positive environmental impact and the […]

Barrick’s Kibali gold mine rolls out a new 10-year plan

Barrick Gold, the Canadian mining company that produces gold and copper at sixteen locations in thirteen countries, has announced that it is rolling out a 10-year plan at its Kibali mine in the Democratic Republic of Congo.  As Africa’s largest gold mine and Tier One asset, Kibali has grown over the last ten years from […]

Metso looks to grow mining truck body, bucket exposure with Häggblom buy

Metso says it has signed an agreement to acquire Ab A. Häggblom Oy, a privately-owned Finnish engineering and manufacturing company with a key offering that includes mining truck bodies and buckets. Häggblom’s service portfolio includes wear parts, truck body and bucket refurbishments, as well as related field services. It has partnered with Metso for several […]

Bitcoin Mining Firm Riot Secures 33,000 New Rigs for $162 Million

Riot Platforms—one of the largest Bitcoin mining companies in the world—is set to boost its hashrate capacity to new heights after purchasing 33,280 mining rigs from MicroBT, a leading manufacturer of the machines needed to mine new coins.  The Application-Specific Integrated Circuit (ASIC) order adds up to $162.9 million, making it a standout purchase even […]

Teck Resources wins Zinc Mark for its B.C. Trail operations

Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) announced last week that it had achieved the Zinc Mark for its Trail, B.C., mining operations. Teck’s Trail facilities in southern B.C. are among the largest fully integrated zinc and lead smelting and refining complexes in the world. The Trail operation is the first stand-alone zinc processing […]

Illegal Crypto Mines Busted in Libya

Libyan authorities are clamping down on illegal crypto mining. On Thursday, local media outlets reported that as many as fifty Chinese nationals had been detained in relation to the raid on a crypto farm in the city of Zliten. Illegal Mining Operation Found in Abandoned Iron Factory The latest bust follows the discovery by law […]

Farmers need no permission for soil mining

Lucknow: The Uttar Pradesh government has given a big relief to farmers with the announcement that they do not need permission to extract clay from pits for private use. The requirement of obtaining permission from the department of geology and mining has also been eliminated. (Pic for representation) A state government spokesperson said the decision […]

ECU to host Professorial Chair in Mining Work Health and Safety

New body to advocate for change and help train future mining industry professionals and leaders Initiative highlights Cook Government’s commitment to the Mental Awareness, Respect and Safety (MARS) program Will deliver leading-edge research centre for mining work health and safety Mines and Petroleum Minister Bill Johnston today announced Edith Cowan University as the successful applicant […]

Farmers no longer need permission for soil mining: UP govt after complaints

Farmers in Uttar Pradesh no longer need permission for soil mining. The decision has been taken in view of complaints from farmers regarding extortion and harassment in this regard, the State government said in a statement on Sunday. It is noteworthy that Chief Minister Yogi Adityanath had recently expressed his dissatisfaction and had also given […]

Perenti looks to create ASX’s leading diversified contract mining services company with DDH1 buy

Perenti has entered into an agreement under which it will acquire 100% of the issued share capital of DDH1 Limited, a surface and underground mining contractor, subject to satisfaction of conditions. DDH1 brings significant capability across a range of specialised surface and underground drilling services that complement Perenti’s existing service offering, Perenti says. This will […]

Weekend celebrates Windber’s mining heritage | News

WINDBER, Pa. – It was a day of family fun and celebrating the coal mining history of Windber Borough during Miners’ Memorial Day Weekend on Saturday. Events began with a show-and-shine extravaganza for trucks and ATVs along with a street dance featuring on Thursday, continuing Friday with a topless car cruise-in and music in the […]

World’s No. 2 Gold Miner Is Trying to Get Bigger in Copper

 For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper. The world’s second-largest bullion producer recently approached First Quantum Minerals Ltd. to discuss a potential takeover, Bloomberg reported last week. And while the move was unsuccessful — Barrick’s informal overtures were rebuffed — its interest in buying a […]

Maine likely to amend its strict mining laws in the coming months

Pieces of kunzite, a variety of the lithium-bearing crystals found in Newry, for sale at the Rock & Art Shop in Bar Harbor. Kate Cough/Maine Monitor Maine looks set to amend its mining laws to exempt some metals from the state’s strict metallic mining regulations, provided developers can prove they won’t pollute nearby watersheds or […]

Buying Bitcoin is preferable to BTC mining in most circumstances — Analysis

While, intuitively, mining Bitcoin may appear like a highly profitable endeavor, research suggests otherwise.  After discovering Bitcoin (BTC), most users go down the rabbit hole and consider whether it is better to mine or buy Bitcoin directly. They usually give up on mining due to the cost and rigor of running ASIC miners, regulatory uncertainty […]

Caterpillar boosts payload, performance with new 995 wheel loader

2023-06-13 Building on the success of the 994K, the new Cat® 995 Wheel Loader features up to 19% increased productivity than the previous model with its higher rated payload and 6% increase in hydraulic force with equal hydraulic cycle time, Caterpillar says. This new loader delivers up to 13% lower hourly fuel consumption and offers […]

World’s largest high-grade tungsten deposit

2023-06-13 Acquiring the Mactung tungsten project from the Northwest Territories government for C$15 million last year, Fireweed quickly consolidated previous data and new assessments to release a mineral resource estimate that ranks this property as the largest high-grade tungsten resource in the world. “In one year, we have gone from signing an initial letter of […]

Nigerians protest illegal mining, seek to stop Chinese miners in Osun, Lagos

2023-05- Many Nigerians have expressed outage on social media over Chinese “illegal mining” activities in Lagos and Osun communities, Nigerian Tribune Online reported. Expressing their displeasure through the Twitter hashtag #StopChineseIllegalMining, the protesters stated that Chinese miners have made themselves lords of the Nigerian natural resources which belong to the people and government. They also […]

Several miners feared stuck in Ghana gold mine

2023-05-30 LONDON –Several artisanal miners are feared trapped in an underground gold mine shaft in the Ashanti region of Ghana. Several illegal miners have reportedly entered AngloGold Ltd.’s Obuasi Mines in the Anwiam, Ashanti Region, searching for gold deposits. However, the miners found themselves unable to exit after the entrances were shut, officials said. AngloGold […]

Mining and conservation can go hand in hand, environment ministers say

2023-05-3 “Climate change response requires us to be able to effectively and sustainably have a mining industry in Canada to secure those minerals that go to the solutions we require,” said Nathan Cullen. Mining projects and protected land can co-exist, two provincial environment ministers said at a press conference on Friday after two days of […]

Chile’s mining sector expands 2.5% in April as copper production up – report

2023-05-31 According to Chile’s National Institute of Statistics (INE), the country’s industrial production index (IPI) contracted by 2.0% in April 2023 y-o-y due to a decline in Chile’s manufacturing sector, while mining and electricity, gas and water sectors were up. INE said that the domestic mining sector (IPMin index) increased by 2.5% in April 2023 […]

Does crypto mining face an existential moment?

2023-06-01 02:01:48 The crypto industry is in overdrive. Despite fluctuating markets, recent negative headlines and the seemingly endless volatility, consumers are still investing and the crypto space is still on the relative up-and-up. According to Insider Intelligence, the number of US adults who own at least one cryptocurrency was estimated to be almost 34mn by […]

South American Mines Improve Safety and Sustainability with EWS

Australia’s EWS is helping some of the world’s biggest mining companies improve safety and sustainability in South America. EWS’ satellite communication IoT–based monitoring solutions are installed at mine sites across Brazil and Colombia. They log and transmit critical data from remote locations that helps miners ensure the safety of tailing dams and other critical mine […]

Saskatchewan in third place worldwide for mining investment attractiveness

Saskatchewan ranks first in Canada and in the top three in the world for mining investment attractiveness. The Fraser Institute’s Annual Survey of Mining Companies from last year measured 62 jurisdictions on mineral potential and policy perception. Foran Mining Executive Chairman and CEO, Dan Myserson, says, “A business-friendly government and world class geology allows companies […]

The Power of Bitcoin Miner Management Software: Simplifying Mining Operations

2023-05-26 21:24:12 Technology can be filled with complexity. Over the last 20 years we’ve seen innovation advance at a rapid pace and, for those who aren’t experts in the technology space, it can seem almost unfathomable how the modern digital world works today. Nowhere is this more apparent than in the world of cryptocurrency and […]

Massive rare earth discoveries could mean a new mining rush in the Mountain West

Down a bumpy dirt road next to a small meandering creek in southeast Wyoming lies the site of a potentially massive rare earth mineral mine. These elements are used in many emerging technologies, including cell phones and solar panels, and they’re a growing part of the future of extractive industry in the Mountain West. But […]

Tries hard, could do better: Gender equality in Mexico’s mining industry

2023-05-26 12:57:15 For almost half of the women employed in the mining sector in Mexico, the lack of an inclusive work culture and equal opportunities are among the main challenges for their development, according to a survey carried out by consultancy firm KPMG. The study, Women in the Mining Industry in Mexico 2023, was carried […]

Top 10 Dogecoin Cloud Mining Sites to Explore Now

2023-05-14 The top 10 Dogecoin cloud mining sites for 2023 after extensive research and analysis Dogecoin has grown in popularity because of its low transaction fees, quick transaction times, and general simplicity since its creation as a joke in 2013. As a result, an increasing number of people are attempting to mine Dogecoin for profit. […]

Making Mines Intelligent | Global Mining Review

2023-05-15 04:21:54 Coal mining companies haveng been chomping at the bit to accelerate intelligent digital transformation to achieve green mining and high-quality development. The main challenge of digitalisation facing the mining industry is to unify systems and industry standards. There are thousands of different devices at work in each and every mine, generating huge quantities […]

Maine DEP proposes ‘risk-based’ approached to metal mining

2023-05-15 PORTLAND, Maine — Editor’s note: The video attached to this story was published June 8, 2022. A legislative committee tasked with evaluating a slate of mining-related bills made no recommendation on which one(s) to advance after a work session on Thursday, with members insisting they needed more time to weigh the proposals. The committee […]

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News

2023-05-10 Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest. Illegal Crypto Miners in Iran Steal 1.8 Billion kWh of Electricity, Official […]

Iron ore and baseball celebrated at Chisholm’s Minnesota Museum of Mining

2023-05-10 CHISHOLM, Minn. — On the Iron Range there’s a place where iron ore meets America’s pastime. In this week’s Finding Minnesota, John Lauritsen takes us to the “Minnesota Museum of Mining” in Chisholm, where big rigs and baseball are front and center. “Chisholm is kind of remarkable in that it’s a small town that […]

American Lithium handed exploratory rights for new lithium project in Peru

2023-05-11 The surrounding area of the Falchani lithium project in Peru has been authorised for exploration by the Peruvian Government. (Photo via American Lithium) American Lithium has been given assent from the Peruvian government to explore further lithium reserves in the vicinity of its current lithium projects in the country. American Lithium currently handles a […]

Glencore mine in Sudbury wins safety award

2023-05-06 Glencore’s Nickel Rim South Mine has been awarded the 2022 John T. Ryan National Trophy for Metal Mines for the best safety performance in Canada from the Canadian Institute of Mining, Metallurgy and Petroleum. (Supplied) Glencore’s Nickel Rim South Mine has been awarded the 2022 John T. Ryan National Trophy for Metal Mines for […]

Opinion: To get critical minerals mines built, automakers and Big Tech need to enter the fray

2023-05-07 13:48:40 Open this photo in gallery: Brock O’Kelly, assistant general manager with Molycorp Minerals, surveys the property around the Mountain Pass Mine in Mountain Pass, Calif., in this 2009 file photo.Reuters Candace MacGibbon is a Canadian mining executive. With the attention on decarbonization, the world is shifting toward an acute shortage of critical minerals […]

Hexagon’s Mining division gears up to offer open pit autonomous haulage

2023-05-08 Posted by Paul Moore on 8th May 2023 For some years now, the options for a fleet scale and fully operational open pit autonomous haulage system (AHS) have been relatively limited – Caterpillar and Komatsu by far lead the way with their Command for hauling and FrontRunner systems respectively – at multiple operations around […]

Foremost Lithium Amends Lac Simard South Property Acquisition in Quebec

2023-05-09 03:35:09 Vancouver, British Columbia–(Newsfile Corp. – May 9, 2023) – Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (“Foremost Lithium“, “Foremost“ or the “Company“) is pleased to announce that it has entered into an agreement (the “Amending Agreement“) amending the terms of it’s proposed acquisition of the Lac […]

Gold Basin Resources finds slew of undrilled small-scale mining sites in Arizona

2023-05- Gold Basin Resources Corporation (TSX-V:GXX) has released preliminary interpretations of 2023 LiDAR survey data, initial prospecting and the commencement of a soil sampling program at its oxide gold project in Arizona. The company’s geologists have identified more than 230 sites of historical, small-scale mining from LiDAR survey data, roughly 70% of which are undrilled […]

Multotec unveils new MultoComposite mill liners 

2023-05-09 Multotec has developed composite integrated mill liners in response to the needs of local and international mining clients. MultoComposite integrated liners are designed according to the customer’s needs, specifications, and mill operating parameters.  Mills operate at their most efficient if the mill liners are designed for the operating parameters of the plant. The company […]

Quantum Blockchain Technologies plc’s bitcoin tech shows advances in mining success rate and energy use

2023-05-09 AIM-listed bitcoin mining technology company Quantum Blockchain Technologies PLC (AIM:QBT) listed has achieved positive results in the latest testing phase of its proprietary bitcoin mining algorithm. Tests carried out by the group’s R&D team demonstrated a theoretical 2.6-times increase in successful bitcoin mining compared to commonly used industry practices by uncovering unique properties in the SHA-256 […]

The current state of health and safety in South Africa’s mining industry

2023-05-10 06:47:52 The Minerals Council Facts & Figures 2022 pocketbook states there has been dramatic improvement in health and safety performance recorded during 2022 for the first time in its history, the South African mining industry has recorded less than 50 lives lost in a calendar year. The mining industry’s health and safety performance in […]

Jaxon’s 2023 Summer Field Program to Demonstrate Extent of High-Grade (up to 26.69%) Antimony Discovered at the Kispiox Mountain and Blunt Mountain Projects

Antimony is listed as critical mineral in Canada and the United States Vancouver, British Columbia–(Newsfile Corp. – March 15, 2023) – Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC Pink: JXMNF) (“Jaxon” or the “Company“) is pleased to announce that, further to its news releases dated March 10, 2022 and January 26, 2022, planning has begun for the 2023 field […]

Deep-sea mining operations would impact ecosystems beyond those in targeted areas

2023-02-21 The chemical-rich waters that sustain life also make these environments an attractive target for deep-sea mining. When the chemicals that come out of the earth’s crust meet the cold seawater, they precipitate and create chimney-like deposits on the seabed, called seafloor massive sulphides. “These chimneys contain a high quality and quantity of gold, silver, […]

Every junior miner’s dream; cash flow + blue-sky upside!

How many times have readers heard this story? A very exciting junior miner, with positive cash flow starting soon, cash flow to fund BIG exploration plans… Then reality sets in, getting into production is REALLY HARD. A common problem is permitting, which can be delayed or never come through. Nicola Mining (TSX-v: NIM) / (OTCQX: HUSIF) has been at the […]

Cheap entry into #uranium space + free kicker on B.C.’s Golden Triangle

Uranium bulls are fired up lately, they think 2023 is the year that everything changes…. They thought the same thing in 2019-2020-2021! To be fair, COVID-19 and raging inflation slowed the uranium freight train, but there’s no stopping it.  Although the uranium price today at $51/lb. is nothing to write home about, it’s higher than it […]

Will Scottie Resources follow Ascot’s valuation higher?

Article by Peter Epstein & Epstein Research [ER] WOW, gold is on a nice run, currently around $1,916/oz., up $302/oz. from a low of $1,614/oz. four months ago. That’s a gain of +18.7%. If gold were to rally another +18.7% it would reach a (nominal) all-time high of $2,274/oz.! “Three factors that could help push the metal to new record highs in 2023? One, […]

<strong>BRIAN CRAWFORD APPOINTED CFO AND MEMBER OF THE EXECUTIVE BOARD</strong>

January 13th, 2023. Vancouver, B.C. – Carmanah Minerals Corp. (CSE: CARM), (“Carmanah” or the “Company”)is pleased to announce the appointment of Mr. Brian Crawford as Chief Financial officer, Corporate Secretary and to the board of Directors. Mr. Crawford replaces Jonathan Yan. The Company thanks Mr. Yan for his time and contributions to the Company. Mr. […]

Jaxon Mining — strong team, great metals portfolio, lots of ways to win here

by Peter Epstein & Epstein Research [ER] I recently met with John King Burns, (“JKB“) CEO of poly-metallic, Canadian copper-focused Jaxon Mining (TSX-v: JAX). I found him refreshingly optimistic, but also candid about the junior mining sector. This year is off to a terrific start for select industrial commodities, with copper up nearly +30% from its 4-month […]

Agnico Eagle Mines Stock: Top Performer In Precious Metals Sector

2022-12-12 Torsten Asmus/iStock via Getty Images Introduction It is never a good idea to fall in love with a stock, but this one is one of our favourites. We first wrote about this company on 25th June 2006 and have traded it ever since then. However sometimes we make a conscious decision to invest in […]

15 Biggest Data Mining Companies in the World

2022-11-23 10:16:33 In this piece, we will take a look at the fifteen biggest data mining companies in the world. For more companies, head on over to 5 Biggest Data Mining Companies in the World. Data mining is one of the most important industries today, particularly when it comes to corporate functioning. Modern day businesses […]

Caterpillar’s First Electric Mining Truck Really Works, But It’s Early Days Yet

2022-11-24 Caterpillar has demonstrated its first battery-electric mining truck in prototype form. The Caterpillar 793 is a large mining dump truck with a battery-electric powertrain. It was developed in partnership with mining companies as part of Caterpillar’s Early Learner program, including big names like Rio Tinto, BHP, and Newmont Corporation. The 793 truck was demonstrated […]

Coal miners pay highest US dividends as prices soar to records

2022-11-16 It’s a notable turnaround for an industry that experienced waves of bankruptcies in recent years as power producers shift away from the dirtiest fossil fuel. The resurgence comes as Russia’s war in Ukraine roils energy markets, and underscores that the market for coal remains robust even as environmentalists, progressive politicians and many corporations push […]

Mining the Northwest: Charged up lithium explorers move toward mine production

2022-10-29 11:06:12 Green Tech Metals buys out partner, Rock Tech Lithium firms up European supply chain A pair of lithium junior miners in northwestern Ontario are making moves to consolidate ground and firm up its supply chain to feed the downstream electric vehicle manufacturers. Australia’s Green Technology Metals is dissolving a joint venture partnership with […]

Scania, Rio Tinto Developing Autonomous Haul Trucks for Mining

Scania and Rio Tinto are developing autonomous haul trucks at a mine in Western Australia’s Pilbara region to pursue potential environmental and productivity benefits. The two companies have established a long-term research and development collaboration agreement for the continuous advancement of this autonomous technology, under which Rio Tinto’s Channar mine has become the first active […]

Skeleton launches SuperBattery with Shell as partner; electrification for mining

2022-10-13 Skeleton Technologies, a developer of curved graphene-based supercapacitor and battery energy storage, officially launched its SuperBattery and announced Shell as a partner. Skeleton is joining a Shell-led consortium to offer electrification solutions for mining sites. SuperBattery combines the characteristics of supercapacitors and batteries. The SuperBattery has been developed to serve the needs of several […]

Rio Tinto funds initial underground development at Kennecott copper ops

2022-09-27 Rio Tinto has approved a $55 million investment in development capital to start underground mining and expand production at its Kennecott copper operations in Utah, USA. Underground mining will initially focus on an area known as the Lower Commercial Skarn (LCS), which will deliver a total of around 30,000 t of additional high-quality mined […]

Coal miners face financing squeeze as more banks pledge to ‘go green’ – Companies

2022-09-19 Coal power and mining firms in Indonesia are finding it tougher to raise funds due to climate-crisis concerns and are being increasingly pushed by banks to present concrete-transition plans to shift away from dirty energy. To date, over 100 globally significant asset managers and owners with assets under management (AUM) greater than US$50 billion, […]

Jaxon Appoints Karim Rayani as Strategic Advisor and Grants Stock Options

September 15, 2022, Vancouver, Canada – Jaxon Mining Inc. (“Jaxon” or the “Company”) (TSX.V: JAX, FSE:0U31, OTC: JXMNF) is pleased to announce the appointment of Mr. Karim Rayani as a Strategic Advisor and Arranger to the Company. For the past 18 years, Mr. Rayani has been focused on financing both international and domestic mineral exploration […]

Canada can make mining, manufacturing part of a green energy future

2022-08 The passage of the Inflation Reduction Act in the United States last week could be one of the most significant pieces of legislation the Americans have passed related to Canadian manufacturing and mining in decades. One of the provisions in the extensive bill introduces big tax credits for electric vehicles – but with the […]

Fresh projects are needed for mining to meet demand

2022-08-18 Times are good for the mining sector, but more exploration and mine development is vital if it is to keep up with future demand – for battery minerals in particular. With the focus now on minerals that can build a low-carbon future, Ralf Hennecke, Managing Director of Omnia Group company BME, has emphasized a […]

Gold price seen rising above $2,000 on inflation, mining veteran says

2022-08-18 Minutes from the Fed’s last meeting in July released on Wednesday showed that officials saw the need to eventually dial back the pace of rate increases. The participants also warned against over-tightening that could hurt the economy, while flagging the risk of inflation pressures becoming entrenched. Gold has dropped just 4% in 2022 even as […]

Gold price could rebound when Fed pivots

2022-08-16 Gold has dropped about 14% from a near all-time high in March as gains driven by the initial shock of the outbreak of war in Ukraine were undone by the dollar’s ascent to a record and the Fed’s move to raise rates to quell inflation. At the same time, the US central bank has […]

Unloved And Overlooked, Gold Mining Stocks Could Be The Ultimate Contrarian Play

2022-08-10 12:33:11 Gold nuggets the hands of the miner. The working hands of a peasant with pure gold. top view getty Gold mining stocks appear very unloved at the moment. As measured by the NYSE Arca Gold Miners Index, gold equities fell 18.5% year-to-date through the end of July, underperforming both the underlying metal and […]

How much gold is a bitcoin worth?

2022-08-09 08:48:13 Using price data from TradingView, this graphic compares the two assets by showing how much gold is equivalent to one bitcoin, while also visualizing bitcoin’s market capitalization and 2021 gold production in the form of gold cubes. What is a bitcoin’s weight in gold? With a single bitcoin worth around $22,600 at the time […]

Marvel Discovery (MARV.V) mobilizes Duhamel field crew – Battery Metals Project

Marvel Discovery (MARV.V), a Canadian-based junior focused on the acquisition, exploration and development of Canadian mineral properties, announced today that it had sent a field crew to its Duhamel Ni-Cu-Co and titanium-vanadium-chromium property. Duhamel is located approximately 350 kilometres north of Quebec City, Quebec. The property consists of 102 claims covering 5,300 hectares. As a […]

High-performance aluminum alloys can now be produced with little energy

2022-07-25 05:10:44 ShAPE has been defined as a green, affordable manufacturing approach that enables the broad use of high-performance aluminum alloys in automotive applications. In a paper published in the journal Materials and Design, the researchers explain that conventional metal production uses heat to melt individual metals and alloying elements together—like aluminum, copper, or magnesium—to create […]

Marvel Discovery (MARV.V) continues exploration at Newfoundland gold asset

Marvel Discovery (MARV.V), a Canadian junior explorer focused on the acquisition, exploration and development of mineral assets in Canada, announced that it had started exploration at its 100%-owned Gander North property. Gander North is located northeast of Gander, Newfoundland. The property consists of 478 contiguous claims covering 11,875 hectares approximately 25 kilometres due east of […]

Two simple charts show why green energy is all about mining

2022-07-26 A recent report by Fitch Ratings assessing the risks of climate change to various sectors featured two graphs that vividly illustrates just how central metals and mining is to decarbonization. The latest UN Forecast Policy Scenario anticipates a substantial increase in electricity generation from renewables – comprising hydro, wind and solar – across all […]

Ford Counting On U.S.-Mined Lithium To Power Its EV Growth Plans

2022-07-25 06:50:22 DEARBORN, MI – MAY 19: Jim Farley, CEO of Ford Motor Company, poses with the new all-electric F-150 … [+] Lightning performance truck at its reveal at Ford World Headquarters on May 19, 2021 in Dearborn, Michigan. The truck will be built at the all-new Ford Rouge Electric Vehicle Center in Dearborn starting […]

Ford signs deals with mining majors to drive EV shift

2022-07-22 BHP’s nickel operations in Australia. Credit: BHP. Ford Motor has signed a series of deals with key mining firms, including BHP and Rio Tinto, for sourcing battery capacity and raw materials to accelerate its shift to electric vehicles (EVs). The deals are expected to contribute to Ford’s aim of boosting its annual global EV […]