One of the biggest producers of iron ore in the world, Vale, a Brazilian miner, reported on Thursday that its third-quarter net profit dropped 15% from the same period last year due to weaker pricing for the steel-making ingredient and preparations for the Mariana dam disaster. Nevertheless, Vale reported a net profit of $2.41 billion […]

Image belongs to Montage Gold (Available on Montage Gold) Montage Gold is delighted to announce that it has secured a US$825m financing package from Wheaton Precious Metals and Zijin Mining Group to fund the development of its flagship Koné project in Côte d’Ivoire, which is set to become West Africa’s next sizeable, long-life, low production […]

Why using UAV technology? Accurate measurement of blast-induced rock fragmentation is of great importance for many mining operations. The post-blast rock size distribution can significantly influence the efficiency of all the downstream mining and comminution processes. Image analysis methods are one of the most common methods used to measure rock fragment size distribution in mines […]

Teck Resources, a Canadian miner, exceeded third-quarter profit projections on Thursday, boosted by higher copper production volumes at its Chile mine and robust red metal prices. Copper prices remained high in the quarter, buoyed by confidence about Chinese demand following a slew of stimulus measures from Beijing. The long-term demand outlook for the red metal […]

In a note released on Monday, Citi Research increased its three-month prediction for gold prices, citing potential additional deterioration in the US labour market, Federal Reserve interest rate decreases, and physical and ETF purchases. In addition to stating that its six- to 12-month projection is $3,000, the bank raised its three-month gold price outlook from […]

Picture credit: Paola Rojas A lithium-ion battery, which powers almost all electric vehicles (EVs), is dependent on a number of essential minerals. To maintain the flow of electrical current, certain minerals form complex components inside the cell. Others shield it from external harm by accident. Key Minerals in EV Batteries Lithium: A crucial component of […]

Cornish Lithium has launched the UK’s inaugural low-emission lithium hydroxide Demonstration Plant, marking a key advancement in the nation’s transition to clean energy by 2030. This facility is part of the Trelavour Hard Rock Project in Cornwall, which aims to reduce the UK’s reliance on carbon-heavy imported lithium by extracting this essential mineral sustainably within […]