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HomeMining

Mining

Critical Minerals

Surge Battery declares highest-grade lithium clay resource in US

February 22, 2024 Mariel Alumit

Surge Battery Metals (TSXV: NILI) said on Thursday that its flagship lithium project in Nevada is host to the highest-grade US clay resource, containing 4.7 million tonnes (inferred) of lithium carbonate equivalent (LCE) grading 2,839 […]

China’s Belt and Road
Critical Minerals

CHART: China’s Belt and Road mining investment hits record

February 20, 2024 Mariel Alumit

A new report from Griffith Asia Institute, a unit of Australia’s Griffith University, shows 10 years after the launch of China’s Belt & Road Initiative (BRI) cumulative engagement tops $1 trillion with about $634 billion […]

Deep-sea mining
Critical Minerals

Deep-sea mining seems to be inevitable, says UN regulator

February 19, 2024 Mariel Alumit

  Deep-sea mining is likely just a matter of time, according to the head of the International Seabed Authority (ISA). “Clearly now, we are reaching a very high level of interest so I would say […]

Electric Vehicles
Critical Minerals

Electric Vehicles Are So Unpopular That Entire Mines Are Shutting Down

February 19, 2024 Mariel Alumit

A slowdown in the growth of electric vehicle (EV) demand has led to entire mines being shut down as the supply of rare earth minerals essential for EV components exceeds demand, according to The Wall […]

Critical Minerals

The Boom in Battery Metals for EVs Is Turning to Bust

February 19, 2024 Stu Turley

When the world’s most valuable lithium company last year announced plans for a $1.3 billion plant in South Carolina, local officials hailed it as transformative for the Palmetto State. The high-tech project from Charlotte, N.C.-based […]

metals and mining
Critical Minerals

Strong metals and mining M&A activity set to remain over 2024 — report  

February 16, 2024 Mariel Alumit

  The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue in 2024. Fitch expects to […]

Finnish mine
Energy Storage

First commercial gravity storage for energy planned in Finnish mine

February 15, 2024 Mariel Alumit

  Gravitricity, a Scottish company, has set its sites on turning a closed Finnish mine into a giant storage battery for renewable energy. The GraviStore gravity energy storage system (GESS) is the first commercial-scale deployment […]

BHP
Cyber Terrorism

BHP partners with Chile miners to battle cybersecurity risks

February 14, 2024 Mariel Alumit

  BHP (ASX: BHP) has partnered with Anglo American, Antofagasta Minerals, Codelco and Collahuasi to launch the Mining Cybersecurity Corporation in Chile to battle cyberthreat risks to the mining industry. More than 4 billion cyber-attacks […]

Perpetua Resources
Critical Minerals

Perpetua Resources receives increased DOD funding for Stibnite Gold project in Idaho

February 13, 2024 Mariel Alumit

  Perpetua Resources (Nasdaq: PPTA / TSX: PPTA) announced Monday that its wholly owned subsidiary, Perpetua Resources Idaho, was conditionally awarded up to $34.6 million in additional funding from the US Department of Defense under […]

commodities
Commodities

Near-term view on commodities rosier than reality, reports say

February 12, 2024 Mariel Alumit

  Macquarie Group’s analysis of January’s purchasing managers’ index (PMI) data suggests the global industrial cycle may be at a turning point following recent lows, potentially signalling a bullish phase for industrial commodities demand. Macquarie […]

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