Mining industry
With the global outlook increasingly uncertain, investors are turning to gold as a safe-haven asset, driving prices to record highs. Central banks, the most cautious investors around, have acquired over 3,000 tons of gold in the past three years, fueling the market's upward momentum. Meanwhile, gold mining
Mining industry
Solstice Minerals Limited has issued a news release advising that IP geophysical surveying has identified chargeable responses directly along strike from its 100%-owned Nanadie Copper-Gold Deposit in Western Australia. The new IP targets complement and help prioritize drilling of the strong geological MRE extension targets already identified from a
Mining industry
As the 21st century's technological and infrastructural advancements rely heavily on mineral resources, the mining industry finds itself at a critical juncture, balancing escalating demand with environmental, social, and economic impacts. A recent study published in the Journal of Environmental Management highlights the importance of harmonizing resource extraction
Mining industry
The Australian stock market continued its upward momentum, breaking records with the S&P/ASX 200 closing above 8,800 for the first time, as the Small Ordinaries Index (XSO) outperformed with a 1.46% gain. Despite weaker leads from the US, the market shrugged off global concerns, driven
Mining industry
The Chifeng Jilong Gold Mining Co., Ltd. has made a groundbreaking announcement regarding the discovery of a gold-rich porphyry gold-copper deposit within the LXML Sepon concession area in Laos. The Company has released its first JORC-compliant Mineral Resources estimate, which includes significant gold and copper reserves. This discovery marks a
Mining industry
A new study on sustainable development has been published, highlighting the environmental and social impacts of the mining industry in Bulgaria. The research, conducted by scientists at the Technical University of Sofia, emphasizes the urgent need for improved policy coherence, community engagement, and innovative environmental technologies to align Bulgaria'
Mining industry
The Philippines has made history with the deployment of its first megawatt-scale floating solar power plant on a reservoir in Cebu, marking a significant step towards reducing the country's dependence on fossil fuels. The 4.99-megawatt facility, built by Black and Veatch on the Malubog Reservoir in Toledo
Mining industry
A new study conducted by researchers at Xi'an University of Science and Technology has found that coal gangue, a byproduct of coal mining, can be used to mitigate salinization and promote ecological restoration in western China. The study, published in the journal Shuiwen dizhi gongcheng dizhi, investigated the
Mining industry
Inner Mongolia's Department of Natural Resources announced the launch of the Inner Mongolia Mining Rights Supermarket on August 6, aiming to deepen market-oriented reforms in mining rights and promote high-quality development of the mining economy. This online platform enables timely and centralized release of authoritative information on transferable,
Mining industry
The ongoing conflict in Donetsk region has led to further disruptions in critical infrastructure, as Russian invaders shelled a mine in the city of Dobropillia, causing a power outage and subsequent flooding. According to Mykhailo Volynets, head of the Confederation of Free Trade Unions of Ukraine and vice president of
Mining industry
U.S. Senator Tina Smith is pressing the Trump Administration for information about its plans to allow sulfide-ore mining in the Rainy River Watershed, which flows into the Boundary Waters Canoe Area Wilderness (BWCAW). The proposed mine, owned by Chilean mining conglomerate Antofagasta, would pose a significant risk to the
Mining industry
Canadian intermediate gold producer Torex Gold Resources Inc. has agreed to acquire all issued and outstanding common shares of Prime Mining Corp. in a definitive plan of arrangement. The acquisition will create a diversified Americas-focussed precious metals company, with Torex owning a 100% interest in Prime Mining's Los
