Mining

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Ucore Secures $18.4M Pentagon Grant for Louisiana Rare Earth Facility Expansion

“`html The U.S. Department of Defense (DOD) is granting Ucore Rare Metals $18.4 million to advance its rare earth element (REE) separation technology towards ...

mining

First Quantum Projects $1.7B Loss in Economic Contributions to Panama

“`html First Quantum Minerals’ Cobre Panama copper mine, which was ordered to close by the Panamanian government in November 2023, was projected to contribute ...

mining

Sinova Global Restarts Quartz Mining Operations in British Columbia

“`html Sinova Global announced on Thursday the re-opening of its Sinova quartz quarry near Golden, British Columbia. This quarry, known for its 99.8%-pure hard ...

mining

Gold Prices Dip Below $3,200 as Market Faces Worst Weekly Performance in Six Months

“`html Gold prices fell below $3,200 on Friday, heading towards their worst week in six months, as market sentiment shifted towards riskier assets amid ...

mining

Navoi Mining Secures $500 Million through Eurobond Issuance

Navoi Mining & Metallurgical Company (NMMC), a state-owned enterprise in Uzbekistan and the fourth-largest gold producer globally, has successfully issued a $500 million corporate ...

mining

Mongolia-China Rail Expansion Set to Boost Coal Transportation by 30 Million Tons

“`html Mongolia’s parliament ratified a strategic partnership with China on May 14 to construct the 19.5-km-long Gashuunsukhait-Gantsmod cross-border railway. This new railway aims to ...

mining

Gold Forecast: Surpassing $4,800 by 2030, According to Incrementum AG

“`html Liechtenstein-based Incrementum Gold Fund projects that gold prices could reach $4,821 per ounce by December 2030 in a base-case scenario, according to the ...

mining

Arizona Lithium Approved for Saskatchewan’s Inaugural Lithium Brine Initiative

Arizona Lithium (ASX: AZL) has received approval from the Saskatchewan Ministry of Energy and Resources to commence stage one production at its Prairie lithium ...

mining

Navigating Complexity: Unpacking the Challenges Facing Africa’s Critical Minerals Sector Amidst ESG Overload

Congo’s Cobalt Exporter Faces ESG Framework Challenges Amid Compliance A cobalt exporter in the Democratic Republic of Congo (DRC) is working to meet rising ...

mining

“Rising Prices Boost EV Battery Metals Market: Cobalt and Nickel See Upsurge”

Global EV Sales Reached 25 Million Units This Year The global market for passenger electric vehicles (EVs), which includes plug-in and conventional hybrids, is ...