Tag #Mining

Showing 25 to 36 of 210 results

theglobeandmail.com

🌐 75% Global Worthiness

Jul 30, 19:17

Rio Tinto's Profit Falls 16% on Lower Iron Ore Prices

Rio Tinto reported its smallest first-half underlying profit in five years at $4.81 billion, a 16% decrease year-on-year due to falling iron ore prices and rising costs at its Pilbara operations; the company also declared its lowest interim dividend in seven years at $1.48 per share.

Rio Tinto's Profit Falls 16% on Lower Iron Ore Prices

Rio Tinto reported its smallest first-half underlying profit in five years at $4.81 billion, a 16% decrease year-on-year due to falling iron ore prices and rising costs at its Pilbara operations; the company also declared its lowest interim dividend in seven years at $1.48 per share.

Progress

36% Bias Score

ShareSaveArticle

Responsible Consumption and Production

12345678

Previous 1 of 8 Next

What is the primary cause for Rio Tinto's reduced first-half profit and dividend, and what are its immediate consequences for the company and the broader market?

Rio Tinto's first-half underlying profit fell 16% year-on-year to $4.81 billion, its lowest in five years, primarily due to a 15% drop in iron ore prices. The company announced its lowest interim dividend in seven years at $1.48 per share, down from $1.77 last year. This underperformance comes despite increased prices for copper, bauxite, alumina, aluminum, and gold.", A2="The decline in Rio Tinto's profitability is directly linked to lower iron ore prices, reflecting decreased steel production in China and increased global supply. The company's shift towards copper production, while strategically important, hasn't yet compensated for the losses in iron ore. Rising operational costs in Pilbara, reaching $24.3 per wmt, further exacerbated the profit reduction.", A3="Looking forward, Rio Tinto's success hinges on its ability to manage rising costs, particularly in Pilbara, while capitalizing on increased demand for copper driven by the data center boom. The recovery of lithium prices and robust demand from the stationary battery sector offer some positive prospects. However, maintaining profitability in the face of fluctuating iron ore prices and global market complexities remains a significant challenge.", Q1="What is the primary cause for Rio Tinto's reduced first-half profit and dividend, and what are its immediate consequences for the company and the broader market?", Q2="How do rising operational costs at Pilbara and fluctuating commodity prices impact Rio Tinto's strategic shift towards copper production, and what are the longer-term implications?", Q3="Considering the global market trends and projected demand for copper and lithium, what are the potential future challenges and opportunities for Rio Tinto, and what strategic adaptations are necessary to sustain profitability?", ShortDescription="Rio Tinto reported its smallest first-half underlying profit in five years at $4.81 billion, a 16% decrease year-on-year due to falling iron ore prices and rising costs at its Pilbara operations; the company also declared its lowest interim dividend in seven years at $1.48 per share.", ShortTitle="Rio Tinto's Profit Falls 16% on Lower Iron Ore Prices")) 2+2

smh.com.au

🌐 75% Global Worthiness

Jul 28, 10:12

Gold Fields' $15M Joint Venture Targets Major Gold-Copper System in Far North Queensland

Great Southern Mining and Gold Fields initiated a diamond drilling campaign at their Far North Queensland Edinburgh Park project, targeting high-grade gold-copper deposits at Leichhardt Creek and Mt Dillon prospects, based on promising geophysical surveys and rock chip assays showing up to 10.5 g/t ...

Gold Fields' $15M Joint Venture Targets Major Gold-Copper System in Far North Queensland

Great Southern Mining and Gold Fields initiated a diamond drilling campaign at their Far North Queensland Edinburgh Park project, targeting high-grade gold-copper deposits at Leichhardt Creek and Mt Dillon prospects, based on promising geophysical surveys and rock chip assays showing up to 10.5 g/t ...

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the immediate implications of the high gold grades and geological indicators found at the Edinburgh Park project?

Great Southern Mining and Gold Fields launched a diamond drilling campaign at their Edinburgh Park project in Far North Queensland, targeting gold-copper deposits. Initial findings include high gold grades (up to 10.5 g/t) and extensive mineralization at Leichhardt Creek, resembling the Mount Leyshon mine. The $15 million joint venture reflects significant investor confidence in the region.

dw.com

🌐 85% Global Worthiness

Jul 26, 19:12

Norway's Ulefoss: Europe's Potential Rare Earth Hub

The town of Ulefoss, Norway, is poised to become Europe's first major rare earth producer, with the Rare Earths Norway (REN) company planning a large-scale mining operation in 2030, utilizing a unique 'invisible mine' approach to minimize disruption to the community, while addressing environmental a...

Norway's Ulefoss: Europe's Potential Rare Earth Hub

The town of Ulefoss, Norway, is poised to become Europe's first major rare earth producer, with the Rare Earths Norway (REN) company planning a large-scale mining operation in 2030, utilizing a unique 'invisible mine' approach to minimize disruption to the community, while addressing environmental a...

Progress

40% Bias Score

ShareSaveArticle

Industry, Innovation, and Infrastructure

12345678

Previous 1 of 8 Next

What are the immediate economic and geopolitical implications of establishing a large-scale rare earth mine in Ulefoss, Norway?

The town of Ulefoss, Norway, sits atop Europe's largest rare earth deposit, a crucial component in modern technologies. The Rare Earths Norway (REN) company plans to mine this deposit, potentially creating jobs but also raising environmental concerns among residents worried about potential ground instability.

smh.com.au

🌐 85% Global Worthiness

Jul 25, 10:18

Larvotto Resources Secures \$60M to Restart Hillgrove Antimony Mine

Larvotto Resources secured \$60 million in equity and \$159.6 million in debt to restart its Hillgrove antimony-gold mine in NSW, aiming for mid-2026 production, driven by high demand for critical minerals and projected to generate significant annual revenue.

Larvotto Resources Secures \$60M to Restart Hillgrove Antimony Mine

Larvotto Resources secured \$60 million in equity and \$159.6 million in debt to restart its Hillgrove antimony-gold mine in NSW, aiming for mid-2026 production, driven by high demand for critical minerals and projected to generate significant annual revenue.

Progress

56% Bias Score

ShareSaveArticle

Industry, Innovation, and Infrastructure

12345678

Previous 1 of 8 Next

What is the significance of Larvotto Resources' \$60 million equity raise for its Hillgrove antimony-gold mine?

Larvotto Resources secured \$60 million in equity funding to restart its Hillgrove antimony-gold mine in NSW, aiming for mid-2026 production. This follows a recent \$159.6 million bond issue, fully funding the project with a 70:30 debt-to-equity ratio, exceeding initial expectations.

smh.com.au

🌐 85% Global Worthiness

Jul 25, 07:14

Small-Cap Market Revival in Australia Driven by Rare Earths and Record Commodity Prices

Record highs in the ASX 200 and All Ords, surging commodity prices, and significant investments in rare earth mining are driving a resurgence in Australian small-cap stocks, potentially signaling a market inflection point.

Small-Cap Market Revival in Australia Driven by Rare Earths and Record Commodity Prices

Record highs in the ASX 200 and All Ords, surging commodity prices, and significant investments in rare earth mining are driving a resurgence in Australian small-cap stocks, potentially signaling a market inflection point.

Progress

56% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the potential long-term consequences of this small-cap market revival, and what risks or challenges could emerge in the future?

The recent small-cap market resurgence suggests a potential inflection point driven by geopolitical factors, strategic material demand, and favorable economic conditions like rate cuts. This trend could lead to sustained growth in small-cap companies, particularly those involved in the production of essential minerals for emerging technologies, and reshape the investment landscape.

it.euronews.com

🌐 85% Global Worthiness

Jul 25, 22:12

EU Accused of Bypassing Transparency in Critical Raw Materials Act

Four Green/EFA MEPs accuse the European Commission of lacking transparency in approving 6 critical raw materials extraction projects under the Critical Raw Materials Act (CRMA), citing insufficient environmental assessments and lack of access to expert evaluations; they are considering legal action.

EU Accused of Bypassing Transparency in Critical Raw Materials Act

Four Green/EFA MEPs accuse the European Commission of lacking transparency in approving 6 critical raw materials extraction projects under the Critical Raw Materials Act (CRMA), citing insufficient environmental assessments and lack of access to expert evaluations; they are considering legal action.

Progress

40% Bias Score

ShareSaveArticle

Responsible Consumption and Production

12345678

Previous 1 of 8 Next

What are the specific concerns of the four MEPs regarding the European Commission's handling of critical raw materials extraction projects under the CRMA, and what actions are they considering?

Four Green/EFA MEPs accuse the European Commission of bypassing transparency rights in approving critical raw materials extraction projects under the Critical Raw Materials Act (CRMA). The MEPs cite concerns over six projects, including Mina Doade in Spain and Viiankiaapa in Finland, alleging insufficient environmental impact assessments and lack of access to expert evaluations. They are considering legal action.

dw.com

🌐 75% Global Worthiness

Jul 29, 22:16

Kazakhstan Audit Reveals "Paper" Mineral Deposits, Raising Concerns

Kazakhstan's Supreme Audit Chamber uncovered 81 procedural violations and 16 systemic flaws in the geological exploration and mining sector, including numerous "paper" mineral deposits due to underfunding, low investment, and insufficient digitalization of geological data, prompting concerns ahead o...

Kazakhstan Audit Reveals "Paper" Mineral Deposits, Raising Concerns

Kazakhstan's Supreme Audit Chamber uncovered 81 procedural violations and 16 systemic flaws in the geological exploration and mining sector, including numerous "paper" mineral deposits due to underfunding, low investment, and insufficient digitalization of geological data, prompting concerns ahead o...

Progress

52% Bias Score

ShareSaveArticle

Industry, Innovation, and Infrastructure

12345678

Previous 1 of 8 Next

What are the immediate consequences of the Supreme Audit Chamber's findings on Kazakhstan's geological exploration and mining sector?

A recent audit by Kazakhstan's Supreme Audit Chamber (SAC) revealed 81 procedural violations and 16 systemic flaws in the geological exploration and mining sector. The audit, though confidential, highlighted numerous "paper" mineral deposits—those with preliminarily assessed but unconfirmed reserves. This resulted from underfunding of geological surveys, low investor activity, incomplete digitalization of geological data, and lax licensing practices.

theguardian.com

🌐 85% Global Worthiness

Jul 27, 10:11

Ghana Seizes Gold Mine Lease from UK Firm, Exposing Taxpayer and Royal Family Losses

Blue International Holdings' 2020 acquisition of Ghana's Bogoso-Prestea gold mine resulted in operational shutdowns, unpaid wages, and ultimately, the Ghanaian government seizing the lease in 2024, impacting UK taxpayers and a lender connected to the British Royal Family.

Ghana Seizes Gold Mine Lease from UK Firm, Exposing Taxpayer and Royal Family Losses

Blue International Holdings' 2020 acquisition of Ghana's Bogoso-Prestea gold mine resulted in operational shutdowns, unpaid wages, and ultimately, the Ghanaian government seizing the lease in 2024, impacting UK taxpayers and a lender connected to the British Royal Family.

Progress

56% Bias Score

ShareSaveArticle

12345678

Previous 1 of 8 Next

What were the immediate consequences of Blue International's mismanagement of the Bogoso-Prestea gold mine in Ghana?

Blue International Holdings, a UK-based mining company, acquired Ghana's Bogoso-Prestea gold mine in 2020, promising financial returns and community benefits. However, the mine's operations shut down multiple times due to underinvestment, leading to unpaid wages for miners and suppliers.

bbc.com

🌐 85% Global Worthiness

Jul 26, 07:11

Zambian Artist Exposes the Toxic Legacy of the "Black Mountains

Zambian artist Stary Mwaba's Lusaka exhibition showcases the lives of young people mining Kitwe's toxic "black mountains," highlighting the dangerous conditions and environmental consequences of Zambia's mining legacy, while using old newspapers as canvases to juxtapose personal narratives with larg...

Zambian Artist Exposes the Toxic Legacy of the "Black Mountains

Zambian artist Stary Mwaba's Lusaka exhibition showcases the lives of young people mining Kitwe's toxic "black mountains," highlighting the dangerous conditions and environmental consequences of Zambia's mining legacy, while using old newspapers as canvases to juxtapose personal narratives with larg...

Progress

52% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What are the immediate consequences of mining the "black mountains" in Zambia for the young people involved?

Zambian artist Stary Mwaba's latest exhibition at the Lusaka National Museum portrays the lives of young people mining the toxic waste dumps known as "black mountains." These mountains, a legacy of a century of mining, contain toxic heavy metals and endanger the health of those who mine them for copper ore. The work highlights the dangerous and often fatal conditions faced by these miners, many of whom are driven by extreme poverty and lack of opportunities.

theglobeandmail.com

🌐 85% Global Worthiness

Jul 25, 01:14

Newmont Exceeds Q2 Profit Expectations Amidst Gold Price Surge

Newmont Mining Corp. surpassed Q2 profit expectations due to higher gold prices averaging $3,220.58 per ounce, despite an 8% production drop to 1.48 million ounces; the company announced a $3 billion share buyback program.

Newmont Exceeds Q2 Profit Expectations Amidst Gold Price Surge

Newmont Mining Corp. surpassed Q2 profit expectations due to higher gold prices averaging $3,220.58 per ounce, despite an 8% production drop to 1.48 million ounces; the company announced a $3 billion share buyback program.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the potential long-term implications of the incident at the Red Chris mine for Newmont's operations and overall industry outlook?

Newmont's success highlights the impact of macroeconomic factors on mining profitability. The company's asset divestitures and share repurchase program signal a focus on long-term financial stability. However, the incident at the Red Chris mine underscores the inherent risks in the mining industry, potentially impacting future production and investor sentiment.

es.euronews.com

🌐 85% Global Worthiness

Jul 25, 19:13

EU Faces Legal Action Over Lack of Transparency in Critical Raw Materials Approvals

Four Green/EFA MEPs accuse the European Commission of insufficient public consultation regarding the approval of 60 critical raw materials extraction projects, including those in protected areas, and are considering legal action due to lack of transparency and access to information.

EU Faces Legal Action Over Lack of Transparency in Critical Raw Materials Approvals

Four Green/EFA MEPs accuse the European Commission of insufficient public consultation regarding the approval of 60 critical raw materials extraction projects, including those in protected areas, and are considering legal action due to lack of transparency and access to information.

Progress

44% Bias Score

ShareSaveArticle

Responsible Consumption and Production

12345678

Previous 1 of 8 Next

What are the immediate consequences of the European Commission's approval of 60 critical raw materials extraction projects, given the accusations of insufficient public consultation?

The European Commission approved 60 critical raw materials extraction projects, 47 within the EU and 13 outside, aiming to reduce reliance on China and the US. However, four Green/EFA MEPs accuse the Commission of insufficient public consultation, citing lack of access to project evaluations and threatening legal action.

smh.com.au

🌐 85% Global Worthiness

Jul 24, 10:13

Uranium American Resources Secures Funding, Finalizes Acquisition, and Positions for US Nuclear Energy Growth

Uranium American Resources (UARI) finalized an US\$8.5 million acquisition of US uranium and vanadium projects, secured US\$3.5 million in funding at a 75% premium, and changed its stock ticker symbol to UARI, positioning itself for growth in the resurgent US nuclear energy sector.

Uranium American Resources Secures Funding, Finalizes Acquisition, and Positions for US Nuclear Energy Growth

Uranium American Resources (UARI) finalized an US\$8.5 million acquisition of US uranium and vanadium projects, secured US\$3.5 million in funding at a 75% premium, and changed its stock ticker symbol to UARI, positioning itself for growth in the resurgent US nuclear energy sector.

Progress

60% Bias Score

ShareSaveArticle

Affordable and Clean Energy

12345678

Previous 1 of 8 Next

How did Uranium American Resources' proactive acquisitions during a period of low uranium prices contribute to its current strategic advantage?

The company's strategic acquisitions, completed during a market downturn, are now highly valuable due to increased global demand for nuclear energy and supportive US government policies. The significant premium paid for the recent funding round reflects investor confidence in UARI's future.

Showing 25 to 36 of 210 results