A study co-led by the University of Michigan says copper needs to cost about twice as much as it currently does to incentivize companies to develop new mines. It found that the copper needed even just to sustain typical economic and population growth far exceeds the amount of copper currently mined.
Read MoreThe U.S. Supreme Court has declined to hear a Native American group’s case to block a land swap for the Resolution Copper project in Arizona, reported Reuters. The government is now free to start a process that would give Rio Tinto and BHP access to the land. Full story.
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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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Metso has launched its Cu POX leaching process that not only maximizes copper recovery, but also reduces environmental impact.
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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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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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Southwest Critical Materials, an affiliate of private equity firm Kinterra Capital, has successfully acquired the Pumpkin Hollow copper project in Yerington, Nev., from Nevada Copper.
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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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BHP and Lundin Mining have agreed to jointly acquire 100% of Filo, owner of the Filo del Sol copper project, through a Canadian plan of arrangement.
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European engineering company representative VDMA has changed its name to VDMA Mining & Minerals, which it said will reflect the increasing importance of the processing of raw minerals. The new identity, which was formalized by the group’s board, will put VDMA’s focus not only on extraction, but also on sustainable processing. “The potential is enormous: more efficient separation of rocks…
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