Tag #Mining

Showing 61 to 72 of 149 results

elmundo.es

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Mar 12, 04:11

Greenland's Mineral Wealth: A Balancing Act Between Opportunity and Risk

Greenland's substantial mineral reserves, including rare earth elements and potentially oil and gas, are attracting significant international interest despite logistical challenges, environmental concerns, and uncertain economic viability.

Greenland's Mineral Wealth: A Balancing Act Between Opportunity and Risk

Greenland's substantial mineral reserves, including rare earth elements and potentially oil and gas, are attracting significant international interest despite logistical challenges, environmental concerns, and uncertain economic viability.

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Responsible Consumption and Production

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What are the immediate economic and geopolitical implications of the growing interest in Greenland's mineral resources?

Greenland, with a population of 57,000, possesses vast mineral wealth attracting investors and multinational companies. Its strategic location and mineral reserves make it geopolitically and economically significant, though economic viability remains uncertain. The country's harsh climate and lack of infrastructure pose significant challenges to development.

forbes.com

🌐 75% Global Worthiness

Mar 12, 04:11

Indonesia's Nickel Industry Faces Tax Hike, Sell-Off Amidst Price Recovery

Indonesia's nickel industry, holding 63% of the global market, faces uncertainty due to a proposed tax hike from 10% to 14-19% and a major investor selling half its stake in Nickel Industries, causing a 25% share price drop despite recent price recovery.

Indonesia's Nickel Industry Faces Tax Hike, Sell-Off Amidst Price Recovery

Indonesia's nickel industry, holding 63% of the global market, faces uncertainty due to a proposed tax hike from 10% to 14-19% and a major investor selling half its stake in Nickel Industries, causing a 25% share price drop despite recent price recovery.

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Decent Work and Economic Growth

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How does the Indonesian government's tax review and production control policies impact the global nickel market and its price volatility?

The Indonesian government's actions are part of a broader review of mineral taxes, impacting copper and coal industries. The tax hike and sell-off coincide with a recent nickel price recovery, creating uncertainty for producers. Heavy Chinese investment in Indonesia previously caused a 50% nickel price drop, highlighting the industry's volatility.

smh.com.au

🌐 65% Global Worthiness

Mar 12, 13:11

Star Minerals Prioritizes Gold Project, Abandons Uranium Venture

Star Minerals is fast-tracking its 45,000-ounce Tumblegum South gold project in Western Australia after raising \$1.6 million via a share offering that included a strategic investment from BGR Mining and Infra Limited, while simultaneously abandoning its Cobra uranium project due to financing issues...

Star Minerals Prioritizes Gold Project, Abandons Uranium Venture

Star Minerals is fast-tracking its 45,000-ounce Tumblegum South gold project in Western Australia after raising \$1.6 million via a share offering that included a strategic investment from BGR Mining and Infra Limited, while simultaneously abandoning its Cobra uranium project due to financing issues...

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Decent Work and Economic Growth

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What is the immediate impact of Star Minerals' capital raising on the Tumblegum South gold project?

Star Minerals is accelerating its Tumblegum South gold project in Western Australia after raising \$1.6 million through a share offering. This capital injection, partly fueled by high gold prices and interest from mining contractors like BGR Mining, will allow for an expanded pit design, potentially increasing gold yield by 16,000 ounces. The company is also proceeding with environmental approvals and exploration drilling.

english.elpais.com

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Mar 9, 10:10

Elsztain Expands Mining Investments Amidst Argentina's Economic Contraction

Argentine businessman Eduardo Elsztain, close to President Milei, significantly expanded his mining investments in 2024, acquiring a majority stake in Challenger Gold for approximately $10 million, a strategic move amidst a generally contracting Argentine economy.

Elsztain Expands Mining Investments Amidst Argentina's Economic Contraction

Argentine businessman Eduardo Elsztain, close to President Milei, significantly expanded his mining investments in 2024, acquiring a majority stake in Challenger Gold for approximately $10 million, a strategic move amidst a generally contracting Argentine economy.

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Decent Work and Economic Growth

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How do government policies and market conditions influence Elsztain's investment decisions in Argentina's mining sector?

Elsztain's investments are driven by government incentives like the Regime of Incentives for Large Investments (RIGI) and the record-high gold prices in 2024, reaching $2,787 per ounce. His existing agricultural and real estate holdings, while showing mixed results (Cresud profits down, IRSA losses), underscore a diversification strategy within Argentina's challenging economic climate.

dw.com

🌐 75% Global Worthiness

Mar 7, 19:11

Bitcoin: A Decentralized Digital Currency

Bitcoin, a digital currency created in 2008, operates on a decentralized, public blockchain, with new bitcoins created through energy-intensive 'mining' that is limited to approximately 21 million total coins.

Bitcoin: A Decentralized Digital Currency

Bitcoin, a digital currency created in 2008, operates on a decentralized, public blockchain, with new bitcoins created through energy-intensive 'mining' that is limited to approximately 21 million total coins.

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Climate Action

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What is Bitcoin and how does it function differently from traditional currencies?

Bitcoin, first described in a 2008 paper by the pseudonymous Satoshi Nakamoto, is a digital currency independent of states and central banks. Unlike traditional currencies, Bitcoin transactions are not confirmed by a central authority but by a decentralized, public ledger called the blockchain.

forbes.com

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Mar 5, 07:15

Iron Ore Price Plummets, Hitting Australian Miners

Falling iron ore prices, hitting a six-year low of $100.15 per ton due to decreased Chinese demand and increased US tariffs, significantly impact smaller Australian miners while larger producers remain relatively stable.

Iron Ore Price Plummets, Hitting Australian Miners

Falling iron ore prices, hitting a six-year low of $100.15 per ton due to decreased Chinese demand and increased US tariffs, significantly impact smaller Australian miners while larger producers remain relatively stable.

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Decent Work and Economic Growth

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How do US tariffs on Chinese goods contribute to the falling iron ore prices?

The decreased demand for steel in China, coupled with increased US tariffs, has created a significant oversupply of iron ore, driving prices down. This impacts lower-grade ore producers disproportionately due to discounts applied to their products. The Chinese government's stimulus plans might offer temporary relief but are unlikely to counteract the broader structural decline.

elpais.com

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Mar 12, 13:11

Colombian Ancestral Mining Leader Assassinated

Jaime Gallego Gómez, a 57-year-old leader of Segovia's ancestral mining community, was found murdered in Vegachí, Colombia, on March 9th, 2025, six days after his disappearance. His death, attributed to the Clan del Golfo, highlights ongoing violence against social leaders advocating for ancestral m...

Colombian Ancestral Mining Leader Assassinated

Jaime Gallego Gómez, a 57-year-old leader of Segovia's ancestral mining community, was found murdered in Vegachí, Colombia, on March 9th, 2025, six days after his disappearance. His death, attributed to the Clan del Golfo, highlights ongoing violence against social leaders advocating for ancestral m...

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the murder of Jaime Gallego Gómez on the fight for ancestral mining rights in Segovia, Colombia?

Jaime Gallego Gómez, known as "Mongo," a leader of Segovia's ancestral mining community in Colombia, was murdered on March 9th, 2025. His body was found in Vegachí, 55 kilometers from where he was last seen, after six days missing along with his bodyguard. He was the 33rd social leader murdered in Colombia this year.

theguardian.com

🌐 75% Global Worthiness

Mar 12, 10:11

Queensland Cancels Mining Lease Review Amidst Cyclone, Sparking Accusations of Secrecy

Queensland's attorney general cancelled an independent review of mining lease objections on March 4th, 2023, amidst Tropical Cyclone Alfred, replacing it with a government-controlled committee, sparking accusations of prioritizing industry interests over community concerns and transparency.

Queensland Cancels Mining Lease Review Amidst Cyclone, Sparking Accusations of Secrecy

Queensland's attorney general cancelled an independent review of mining lease objections on March 4th, 2023, amidst Tropical Cyclone Alfred, replacing it with a government-controlled committee, sparking accusations of prioritizing industry interests over community concerns and transparency.

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Reduced Inequality

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What specific evidence suggests that the timing of the review's cancellation, amidst Tropical Cyclone Alfred, was politically motivated?

The cancellation replaced the independent Queensland Law Reform Commission with a government-controlled resources committee, raising concerns about transparency and community input. Critics point to the committee's focus on improving resource sector competitiveness as evidence of prioritizing industry interests over community concerns. The timing during a cyclone further fueled accusations of deliberate obfuscation.

elpais.com

🌐 75% Global Worthiness

Mar 11, 16:09

Spain unveils plan to boost domestic mineral production, reduce reliance on imports

Spain launched a 2025-2029 action plan to increase domestic production of strategic minerals like rare earths and nickel, aiming to reduce reliance on foreign imports through new mine openings, increased recycling, and a national exploration program focusing on existing mine waste and new deposits.

Spain unveils plan to boost domestic mineral production, reduce reliance on imports

Spain launched a 2025-2029 action plan to increase domestic production of strategic minerals like rare earths and nickel, aiming to reduce reliance on foreign imports through new mine openings, increased recycling, and a national exploration program focusing on existing mine waste and new deposits.

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Industry, Innovation, and Infrastructure

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How does Spain's plan address the environmental impacts of mining, and what measures are proposed to mitigate public concerns?

This plan addresses Spain's dependence on foreign minerals needed for electric vehicles and renewable energy. By exploring domestic resources and improving recycling, Spain seeks to secure its supply chain for key materials like rare earths and nickel, essential for its transition to a green economy. This initiative reflects a broader European trend of securing critical mineral supplies.

bbc.com

🌐 85% Global Worthiness

Mar 7, 07:10

Deep-Sea Mining Tech Advances, But Environmental Concerns Persist

Impossible Metals is developing AI-powered robots for deep-sea mining of polymetallic nodules, aiming to minimize environmental impact by avoiding lifeforms and reducing sediment disturbance; however, critics express concerns about habitat destruction, with past experiments showing long-lasting dama...

Deep-Sea Mining Tech Advances, But Environmental Concerns Persist

Impossible Metals is developing AI-powered robots for deep-sea mining of polymetallic nodules, aiming to minimize environmental impact by avoiding lifeforms and reducing sediment disturbance; however, critics express concerns about habitat destruction, with past experiments showing long-lasting dama...

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Life Below Water

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What are the broader economic and political factors influencing the development and regulation of deep-sea mining?

While Impossible Metals claims its robot minimizes environmental impact by using AI to avoid lifeforms and optimized arms to reduce sediment disturbance, critics argue the fundamental act of mining destroys the deep-sea habitat. Past mining experiments have left lasting scars on the seabed, with wildlife recovery taking decades. The company's assertion that deep-sea mining reduces the need for land-based mining is challenged by the volatile market for the metals sought and uncertainty over supply shortages.

aljazeera.com

🌐 85% Global Worthiness

Mar 5, 16:13

Zambia's Lead Mine Crisis: Government Inaction Causes Widespread Child Lead Poisoning

A Human Rights Watch report details how the Zambian government's inaction on environmental law violations at Kabwe's abandoned lead mine has led to over 95% of children having elevated blood lead levels, with soil contamination reaching 300 times the US EPA's hazard threshold, affecting nearly 200,0...

Zambia's Lead Mine Crisis: Government Inaction Causes Widespread Child Lead Poisoning

A Human Rights Watch report details how the Zambian government's inaction on environmental law violations at Kabwe's abandoned lead mine has led to over 95% of children having elevated blood lead levels, with soil contamination reaching 300 times the US EPA's hazard threshold, affecting nearly 200,0...

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Good Health and Well-being

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What immediate actions are required to address the severe lead poisoning crisis affecting children in Kabwe, Zambia, and what are the specific global implications?

A new Human Rights Watch report reveals that over 95% of children near Kabwe, Zambia's shuttered lead mine, have dangerously high blood lead levels. This is due to the Zambian government's failure to regulate mining companies operating in the area, resulting in widespread contamination and severe health risks for the population. The report highlights the government's complicity in allowing hazardous mining practices to continue, leading to a severe public health crisis.

elpais.com

🌐 75% Global Worthiness

Mar 4, 01:11

Aznalcóllar Mine Reopening Trial Begins Amidst Allegations of Irregularities

A trial has begun in Seville for alleged irregularities in the 2013 tender for reopening the Aznalcóllar mine, awarded to Minorbis-Grupo México, with 16 individuals accused of crimes ranging from influence peddling to fraud; plaintiffs include Emerita Resources and Ecologistas en Acción who are conc...

Aznalcóllar Mine Reopening Trial Begins Amidst Allegations of Irregularities

A trial has begun in Seville for alleged irregularities in the 2013 tender for reopening the Aznalcóllar mine, awarded to Minorbis-Grupo México, with 16 individuals accused of crimes ranging from influence peddling to fraud; plaintiffs include Emerita Resources and Ecologistas en Acción who are conc...

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Responsible Consumption and Production

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What are the main accusations in the Aznalcóllar mine reopening trial, and what are their immediate implications for those involved and the project?

A decade after the Aznalcóllar mine reopening tender was awarded, a trial began in Seville for alleged irregularities. 16 individuals, including former Junta officials and representatives from Minorbis-Grupo México and Magtel, face charges including bribery and fraud. A key plaintiff, Emerita Resources, lost the tender and alleges damages of nearly €7.2 million.",

Showing 61 to 72 of 149 results