China’s net gold imports via Hong Kong in August fell 39.11% from July, Hong Kong Census and Statistics Department data showed on Thursday. WHY IT’S IMPORTANT As the world’s leading gold consumer, China’s purchasing activities can significantly influence global gold markets. The Hong Kong data may not provide a complete picture of Chinese purchases, as […]

Introduction The integrated use of drone and laser scanning technology is transforming blast monitoring in industries like mining and construction, offering unprecedented levels of safety, accuracy, and efficiency. These technologies provide a comprehensive and detailed understanding of the entire blasting process, from initial site assessment to post-blast analysis, ultimately leading to optimized results and a […]

Highlights: Formation has commenced a fully funded 10,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.5 g/t Au (~809,000 oz Au) across four zones (A, East, RJ-East, and Central)2,3 and 243 Kt grading 7.82 g/t Au […]

Introduction The profitability of mining operations is intricately linked to two key financial obligations: royalty agreements and the government take. These mechanisms, while distinct, work in tandem to determine the ultimate economic viability of a project, influencing everything from initial investment decisions to ongoing operational sustainability. Royalty agreements represent a direct payment to resource owners, […]

A rebound in China’s imports of seaborne thermal coal has helped prices recover, but the boost is likely to prove temporary as recent strength in coal-fired electricity generation eases. China, the world’s biggest coal producer and importer, is expected to import 27.41 million metric tons of seaborne thermal coal in September, according to data compiled […]

Anglo American and Chile’s state-run Codelco have finalised an agreement to jointly operate their neighbouring Chilean copper mines in a deal aimed at generating at least $5 billion from higher production and cost savings, they said on Tuesday. The plan will bring together certain operations at Codelco’s Andina mine and Anglo American’s Los Bronces mine in […]

Social impact in mining refers to the wide-ranging consequences, both positive and negative, that mining activities have on the social fabric of affected communities and individuals. This includes effects on employment, local economies, social services, cultural practices, health, and human rights, but also encompasses changes in population dynamics and community well-being. Mining companies and regulators must […]

India’s steel industry will not see much direct impact from U.S. tariffs, but the European Union’s carbon tax will affect steel exports, the country’s steel secretary Sandeep Poundrik said at the FT Live Energy Transition Summit India on Wednesday. Roughly two-thirds of India’s steel exports go to Europe, while exports to the U.S. are negligible. […]