Tag #Mining

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smh.com.au

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Jan 22, 13:11

WA Government Funds $175,000 Rare Earth Research Project

The WA Government provided $175,000 to RSC Consulting for research into rare earth extraction in the Yilgarn region, involving collaborations with junior mining firms like Terrain Minerals and Dreadnought Resources and Curtin University to establish a new rare earth province and unlock the region's ...

WA Government Funds $175,000 Rare Earth Research Project

The WA Government provided $175,000 to RSC Consulting for research into rare earth extraction in the Yilgarn region, involving collaborations with junior mining firms like Terrain Minerals and Dreadnought Resources and Curtin University to establish a new rare earth province and unlock the region's ...

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What are the immediate economic and industrial implications of the WA government's $175,000 investment in rare earth research?

The Western Australian government has allocated $175,000 to research rare earth extraction in the Yilgarn region, led by RSC Consulting in collaboration with several mining firms and Curtin University. This initiative aims to establish a new rare earth province and boost the state's economy by creating jobs and processing opportunities. A significant aspect of this funding involves investigating advanced processing techniques for rare earth elements.

china.org.cn

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Jan 20, 04:08

China Discovers Major Rare Earth Deposit in Yunnan

China announced the discovery of a major rare earth deposit in Yunnan province, containing 1.15 million metric tons of potential resources, including over 470,000 tons of critical rare earths vital for electric vehicles and renewable energy, further strengthening its global dominance in this sector.

China Discovers Major Rare Earth Deposit in Yunnan

China announced the discovery of a major rare earth deposit in Yunnan province, containing 1.15 million metric tons of potential resources, including over 470,000 tons of critical rare earths vital for electric vehicles and renewable energy, further strengthening its global dominance in this sector.

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How does this discovery relate to China's broader strategy for securing its position in the global high-tech industry?

The deposit, primarily consisting of medium and heavy rare earths, is considered the largest of its kind in China, addressing the nation's relative scarcity of these elements vital for electric vehicles and renewable energy technologies. This discovery builds upon China's existing rare earth infrastructure and expertise, accumulated since the 1969 discovery of a super-large ion-adsorption deposit in Jiangxi province.

dailymail.co.uk

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Jan 18, 01:10

Mining Sector Poised for M&A Surge Amidst Slowing Chinese Demand

Slowing Chinese economic growth and the increasing demand for copper are driving predictions of a surge in mergers and acquisitions within the mining sector in 2025, following failed merger talks between Rio Tinto and Glencore and BHP's failed bid for Anglo American.

Mining Sector Poised for M&A Surge Amidst Slowing Chinese Demand

Slowing Chinese economic growth and the increasing demand for copper are driving predictions of a surge in mergers and acquisitions within the mining sector in 2025, following failed merger talks between Rio Tinto and Glencore and BHP's failed bid for Anglo American.

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What are the primary factors driving the predicted surge in mining mergers and acquisitions in 2025?

Rio Tinto and Glencore held merger talks in October 2024, which would have created a £130 billion company. These discussions failed, but experts predict a surge in mining mergers and acquisitions (M&A) in 2025, driven by softening commodity demand from China and the need to secure copper assets for the green energy transition. This follows Rio Tinto's £5.5 billion purchase of Arcadium and Glencore's £5.6 billion acquisition of Teck Resources' steelmaking coal unit.

bbc.com

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Jan 16, 13:08

Pakistan's Gold Rush: New Claims and the Reko Diq Project

Punjab's Minister of Minerals recently claimed a 700 billion rupees gold reserve discovery in Attock, Pakistan, adding to previous claims of significant gold reserves in various regions, with ongoing exploration by the Geological Survey of Pakistan and the potential for increased production from pro...

Pakistan's Gold Rush: New Claims and the Reko Diq Project

Punjab's Minister of Minerals recently claimed a 700 billion rupees gold reserve discovery in Attock, Pakistan, adding to previous claims of significant gold reserves in various regions, with ongoing exploration by the Geological Survey of Pakistan and the potential for increased production from pro...

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How do the reported gold reserves in different regions of Pakistan compare to the actual gold production, and what are the factors hindering increased output?

These recent claims follow a pattern of past announcements regarding significant mineral discoveries in Pakistan, often accompanied by promises of economic prosperity. While the government reports gold reserves in Balochistan and Khyber Pakhtunkhwa, the actual amount of gold extracted annually remains relatively low—around 1.5 to 2 tons. The Reko Diq project in Balochistan, once stalled, is expected to increase gold production significantly in the coming decade.

theglobeandmail.com

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Jan 14, 22:08

Mali Gold Seizure Halts Barrick Operations Amid Tax Dispute

Mali's military junta seized US$245 million worth of gold from Barrick Gold's Loulo-Gounkoto mine, prompting Barrick to temporarily suspend operations due to an escalating tax dispute and the arrests of its employees; this reflects broader resource nationalism and political instability in the region...

Mali Gold Seizure Halts Barrick Operations Amid Tax Dispute

Mali's military junta seized US$245 million worth of gold from Barrick Gold's Loulo-Gounkoto mine, prompting Barrick to temporarily suspend operations due to an escalating tax dispute and the arrests of its employees; this reflects broader resource nationalism and political instability in the region...

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How do the recent events in Mali relate to broader political and economic trends in West Africa?

The seizure highlights the deteriorating investment climate in Mali, impacting Canadian mining companies significantly. The incident is linked to a series of military coups in Mali and neighboring countries, resulting in closer ties with Russia and increased pressure on Western mining firms. This reflects a broader trend of resource nationalism and geopolitical shifts in West Africa.

bbc.com

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Jan 10, 10:08

County Tyrone Gold Mine Faces Public Inquiry

A public inquiry into Dalradian's controversial gold mine in County Tyrone's Sperrin Mountains begins next week, pitting promised economic benefits (1000 jobs, £5bn economic boost) against concerns about environmental damage and community division.

County Tyrone Gold Mine Faces Public Inquiry

A public inquiry into Dalradian's controversial gold mine in County Tyrone's Sperrin Mountains begins next week, pitting promised economic benefits (1000 jobs, £5bn economic boost) against concerns about environmental damage and community division.

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How have community perspectives on the gold mine evolved since Dalradian's revised plans eliminated cyanide use?

The inquiry will assess Dalradian's claim of an environmentally responsible mine, weighing economic benefits against ecological concerns. The company's revised plans eliminate cyanide use, a key community concern, but opposition remains strong, highlighting the conflict between economic development and environmental protection in Areas of Outstanding Natural Beauty.

smh.com.au

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Jan 21, 07:09

Strickland Metals Discovers Significant Depth Extension at Serbian Gold-Copper Deposit

Strickland Metals' diamond drilling at its Shanac gold-copper deposit in Serbia revealed a 30.1m intercept grading 1.6g/t gold equivalent from 438.9m and an 11.7m section grading 4.3g/t gold equivalent from 570.4m, extending mineralization to at least 625m and confirming a width of 180m, prompting a...

Strickland Metals Discovers Significant Depth Extension at Serbian Gold-Copper Deposit

Strickland Metals' diamond drilling at its Shanac gold-copper deposit in Serbia revealed a 30.1m intercept grading 1.6g/t gold equivalent from 438.9m and an 11.7m section grading 4.3g/t gold equivalent from 570.4m, extending mineralization to at least 625m and confirming a width of 180m, prompting a...

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What is the immediate impact of the newly discovered depth extension at Strickland Metals' Shanac deposit?

Strickland Metals announced significantly extended mineralization at its Shanac gold-copper deposit in Serbia. Diamond drilling revealed intercepts grading up to 4.3g/t gold equivalent, extending the deposit's depth to at least 625m and its width to 180m. This discovery paves the way for a resource upgrade by late March, boosting the project's overall value.

smh.com.au

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Jan 20, 07:11

Ordell Confirms Gold Deposit at Barimaia, Plans Major Drilling Program

Ordell Mining confirms a shallow, open-pittable gold deposit at its Barimaia project, near three processing plants, planning a 5,000m drilling program in February to expand exploration of this significant gold system.

Ordell Confirms Gold Deposit at Barimaia, Plans Major Drilling Program

Ordell Mining confirms a shallow, open-pittable gold deposit at its Barimaia project, near three processing plants, planning a 5,000m drilling program in February to expand exploration of this significant gold system.

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What is the immediate impact of Ordell's confirmed gold deposit at the Barimaia project?

Ordell Mining has confirmed a shallow gold deposit at its Barimaia project, suitable for open-pit mining. This deposit is part of a larger, unexplored gold system and is conveniently located near three processing plants. A 5000m reverse circulation drilling program is planned for February to expand exploration.

dailymail.co.uk

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Jan 18, 01:10

Potential £130 Billion Merger of Rio Tinto and Glencore

A potential £130 billion merger between FTSE 100 mining giants Rio Tinto and Glencore is being considered, fueled by high demand for natural resources and anticipated changes in regulatory environments in the US and UK, following a year of significant M&A activity in the mining sector.

Potential £130 Billion Merger of Rio Tinto and Glencore

A potential £130 billion merger between FTSE 100 mining giants Rio Tinto and Glencore is being considered, fueled by high demand for natural resources and anticipated changes in regulatory environments in the US and UK, following a year of significant M&A activity in the mining sector.

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How do the changing regulatory landscapes in the US and UK influence the likelihood of successful mega-mergers in the mining sector?

The proposed merger reflects the industry's consolidation amid rising demand for key resources. Favorable conditions, such as decreasing global interest rates and anticipated less stringent antitrust regulations under the incoming Trump administration and Rachel Reeves's leadership in the UK, are contributing factors. This contrasts with the failed BHP-Anglo American merger in 2024, highlighting the complexities of such large-scale transactions.

cincodias.elpais.com

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Jan 15, 10:10

Trump's Greenland Interest Fuels ETM's Stock Surge Amidst Mining Dispute

Donald Trump's interest in Greenland has boosted the Australian mining company Energy Transition Minerals (ETM) by 350%, despite Greenland revoking its mining license for the Kvanefjeld rare earth deposit, leading to a $11.5 billion lawsuit.

Trump's Greenland Interest Fuels ETM's Stock Surge Amidst Mining Dispute

Donald Trump's interest in Greenland has boosted the Australian mining company Energy Transition Minerals (ETM) by 350%, despite Greenland revoking its mining license for the Kvanefjeld rare earth deposit, leading to a $11.5 billion lawsuit.

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Affordable and Clean Energy

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What are the long-term implications of the legal dispute for future rare earth mining in Greenland and the geopolitical landscape?

The outcome of ETM's legal battle against the Greenlandic and Danish governments will significantly impact the future of rare earth mining in Greenland and the company's prospects. A positive ruling could reshape global rare earth supply chains, while a negative one could stifle future investment in Greenland's resource sector. The upcoming Greenlandic elections may also influence the situation.

dw.com

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Jan 14, 16:12

Cameroon's Gold Mining Crisis: Environmental Damage and Economic Disruption in Batouri

Large-scale gold mining in Batouri, Cameroon, by foreign companies has caused a 50% decrease in agricultural yields, environmental damage from mercury and cyanide use, and displacement of local miners; despite government attempts to mitigate these issues through a 'closed system', implementation has...

Cameroon's Gold Mining Crisis: Environmental Damage and Economic Disruption in Batouri

Large-scale gold mining in Batouri, Cameroon, by foreign companies has caused a 50% decrease in agricultural yields, environmental damage from mercury and cyanide use, and displacement of local miners; despite government attempts to mitigate these issues through a 'closed system', implementation has...

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Good Health and Well-being

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What are the immediate environmental and economic consequences of large-scale gold mining in Batouri, Cameroon?

In Batouri, Cameroon, large-scale gold mining by foreign companies, including Chinese firms, has displaced local artisanal miners, causing a 50% drop in local agricultural yields due to flooded wetlands and contaminated soil. The use of mercury and cyanide in mining has led to severe environmental damage and health risks for residents.

smh.com.au

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Jan 7, 07:07

Marmota's Major Titanium Discovery in South Australia

Marmota Ltd. discovered a 28km-long palaeochannel in South Australia's Gawler Craton containing high-grade titanium deposits, including intersections of 28m at 10.1% titanium oxide, expanding the prospective mining area and potentially creating a significant standalone titanium mine.

Marmota's Major Titanium Discovery in South Australia

Marmota Ltd. discovered a 28km-long palaeochannel in South Australia's Gawler Craton containing high-grade titanium deposits, including intersections of 28m at 10.1% titanium oxide, expanding the prospective mining area and potentially creating a significant standalone titanium mine.

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What are the potential future implications of Marmota's discovery for the titanium market and the company's long-term prospects?

Marmota's high-grade titanium deposits, located near transport arteries, are well-positioned to meet rising demand driven by technologies like electric vehicles and aerospace. The mineralisation remains open, suggesting further potential discovery and the creation of a significant standalone titanium mine. Petratherm, a neighboring company, has also seen its share price increase significantly.

Showing 61 to 72 of 108 results