Hindustan Zinc may enter uranium market

Indian zinc-silver producer Hindustan Zinc will aim to expand into uranium mining if the government opens up the sector to private players, CEO Arun Misra told Reuters. Government sources told the news agency that India wants to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector…

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TMC submits deep sea recovery application

In what its executives have called a world first, The Metals Company (TMC) has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA). CEO Gerard Barron said the company made the move after last month’s executive order from U.S. President Donald…

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USGS reports Q3 mineral commodity production

The U.S. Geological Survey (USGS) reported U.S. production of selected mineral commodities in the third quarter 2024. U.S. mine and plant production data for 16 selected mineral commodities are provided on a monthly (or quarterly) basis by the USGS to the board of governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related…

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India, Mongolia discussing mining pact

An Indian government source told Reuters that the country is in talks with Mongolia to set up a preliminary pact that will focus on mineral shipments between the two Asian nations. “The pact with Mongolia will focus on transit of minerals” such as coal and copper, said the source, who did not want to be identified as the deliberations are…

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Aurelia Metals Federation officially opens

On 11 September 2024, Aurelia Metals underground Federation mine was officially opened by the New South Wales Minister for Natural Resources, the Hon. Courtney Houssos. The ceremony was attended by Aurelia board members, employees, contract partners, and honoured guests. Managing Director and Chief Executive Officer Bryan Quinn spoke about the importance of the opening: “It’s not every day you have…

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