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HomeMining

Mining

study
Critical Minerals

Six new large mines need to come online annually by 2050 to meet global copper demand – study

May 23, 2024 Mariel Alumit

A study by researchers at the University of Michigan and Cornell University has found that copper cannot be mined quickly enough to keep up with current US policy guidelines to transition the country’s electricity and […]

copper
Critical Minerals

Report shows copper can’t be mined fast enough to electrify the US

May 16, 2024 Mariel Alumit

Copper cannot be mined quickly enough to keep up with current U.S. policy guidelines to transition the country’s electricity and vehicle infrastructure to renewable energy, according to a University of Michigan study. The Inflation Reduction […]

BMO
Coal

BMO drops anti-coal policy amid Wall Street rebuke of ESG

April 9, 2024 Mariel Alumit

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia. The change came to light Monday after West Virginia […]

Deep-Sea Mining
International News

Washington Wants In on the Deep-Sea Mining Game

March 30, 2024 Mariel Alumit

The scramble for critical minerals is heating up under the sea, but lawmakers fear the United States could be left behind. As the United States hunts for critical minerals—the materials underpinning vital technologies ranging from […]

Ocean
International News

The Race to Mine the Ocean is Heating Up

March 28, 2024 Mariel Alumit

India has applied to the International Seabed Authority (ISA) for two new licenses to explore parts of the Indian Ocean sea bed for minerals crucial to the green energy transition. If they are granted, India would […]

copper
Electric Vehicles

CERAWEEK: US needs more than ‘lip service’ on permitting to boost copper output: Freeport CEO

March 21, 2024 Mariel Alumit

The US must go beyond talking about changes to permitting if it wants to meet an expected shortage of copper needed for an energy transition, Richard Adkerson, chairman and CEO of US copper producer Freeport-McMoRan, […]

Wyoming Uranium
Critical Minerals

Australian Company Inks $117M Deal To Supply Wyoming Uranium to Belgium Buyer

March 21, 2024 Mariel Alumit

With spot prices on uranium backing off from historic highs, Australian-based Peninsula Energy Ltd. has agreed to sell as much as $117 million worth of Wyoming uranium to a European nuclear fuel buyer from a […]

Copper
Commodities

Copper price soars to 7-month high on China’s plans to cut output

March 14, 2024 Mariel Alumit

Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut. Benchmark three-month copper on the London Metal Exchange […]

Critical Metals
Critical Minerals

Newly created Critical Metals on track to construct EU’s first battery-grade lithium mine 

March 1, 2024 Mariel Alumit

  The company that owns Europe’s first fully permitted lithium mine made its debut with a bang on the Nasdaq this week, as European Lithium (ASX: EUR) merged with Sizzle Acquisition Corp to create Critical Metals […]

Global uranium production
Critical Minerals

IsoEnergy to reopen Tony M uranium mine in Utah

March 1, 2024 Mariel Alumit

  IsoEnergy (TSXV: ISO) will reopen its Tony M mine in Utah and aims to restart uranium mining production operations in 2025. The decision, IsoEnergy said, is underpinned by rising uranium prices and follows Energy […]

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