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Global Mining/Minerals News
Tanzania Mandates Domestic Refining: 20% of Gold Output to Be Sold Locally
Tanzania’s government has introduced a bold policy requiring large-scale gold miners and traders to refine and sell at least 20% of their gold output domestically, primarily to the Bank of Tanzania (BoT). The policy aims to bolster foreign…
Fragile Truce: Why the US-China Tentative Trade Deal Raises More Questions Than It Answers
A tentative trade deal between the United States and China, the world’s two largest economies, may have helped avert the immediate threat of a complete trade breakdown. However, experts warn that while the deal prevents further escalation,…
“Mining Mafia Thrives in Punjab Amid Political Silence and Legal Loopholes”
Illegal mining in Punjab has become a serious ecological, administrative, and political crisis. Rampant sand and gravel mining, often carried out in blatant violation of environmental norms and legal procedures, has not only damaged the…
Rio Tinto backs titanium, scandium ore sorting demo at Lac Tio mine
Rio Tinto says it is investing C$7.6 million ($5.6 million) in an industrial demonstration project to assess the integration of ore sorting technology at its Lac Tio mine located in Havre-Saint-Pierre, Quebec.
The Government of Quebec will…
Think & Act Differently, Powered by BHP, announces eight finalists for the Deep Mining Open Call
Think & Act Differently (TAD), BHP’s innovation team, together with Unearthed Solutions, have announced eight finalists for its Deep Mining Open Call, chosen from over 90 applications received from around the world.
The Deep…
Perseus Mining Projects 515,000–535,000 oz Annual Gold Production Through FY2030
Perseus Mining Limited, a prominent mid-tier gold producer operating in West Africa, has forecast annual gold production between 515,000 and 535,000 ounces for each of the next five fiscal years, ending in FY2030. This forward-looking…
Hindustan Copper to Invest ₹2,000 Crore to Triple Mining Capacity in 5–6 Years
Hindustan Copper Limited (HCL), the country’s only vertically integrated copper producer under the Ministry of Mines, has announced an ambitious investment of ₹2,000 crore over the next five to six years to triple its mining capacity. This…
Gold Surpasses Euro as Second-Most Important Global Reserve Asset: ECB Report
In a significant shift in the global financial order, gold has overtaken the euro as the world’s second-most important reserve asset, according to a recent report from the European Central Bank (ECB). This remarkable change has been driven…
RE:GROUP to carry out waste mining at Thunderbird mineral sands project
RE:GROUP says it has been appointed as the waste mining contractor for the Thunderbird mineral sands project, operated by Kimberley Mineral Sands (KMS) in Western Australia’s West Kimberley region.
This award marks a significant…
XCMG & BHP sign global framework agreement on mining equipment supply
On June 10, Chinese mining equpiment major XCMG and BHP, the world’s top resource company signed a new framework agreement at XCMG’s HQ in Xuzhou, opening “a new era of strategic cooperation in the field of green and smart…