Activists take part at a “Look Down action” rally to stop deep sea mining outside the European Parliament in Brussels on March 6, 2023. (Photo by Kenzo TRIBOUILLARD / AFP) (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Images Norway is poised to become one of the first countries in … Read more
Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a major component of electric vehicles, is expected to grow from 25 million metric tons to nearly 49 million metric tons by 2035, according to S&P … Read more
The U.S. is running out of miners. More than half the nation’s mining workforce, about 221,000 workers, is expected to retire by 2029, according to the Society for Mining, Metallurgy & Exploration, and the number of candidates willing to fill those slots is shrinking. “Our workforce is aging,” said Bold Baatar, chief executive of copper at … Read more
Glencore will cease operations in Mt Isa at one of the biggest copper mines in the world from 2025. The multinational company has notified 1200 workers that after 60 years mining copper in the far northwest Queensland city, underground operations and the copper concentrator will close. “Glencore has conducted a range of studies and reviews … Read more
The federal government says it’s monitoring a Chinese investment in a struggling Australian firm that owns Canada’s only operating rare earths mine. According to a release on the company’s website, the first stage in Shenghe Resources Holding Co., Ltd’s investment in Vital Metals was completed as of Monday, in shares issued to raise roughly $5.3 … Read more
Northern Territory Chief Minister Natasha Fyles has resigned, eight months out from an election. Fyles, 45, held a snap press conference on Tuesday where she confirmed her intention to step down as chief minister and health minister. She said she had made an oversight and did not declare a share parcel, which came about after … Read more
