Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers told CNBC. Estimates for the kingdom’s untapped mineral reserves have jumped from $1.3 trillion in a 2016 forecast to $2.5 trillion, according to Saudi Mineral Resources … Read more
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
MEXICO CITY — Solway Investment Group, a Switzerland-based mining company with interests in Guatemala, said Monday it agreed with a regional court’s decision requiring the Guatemalan government to recognize the property rights of an Indigenous community. The company, which was not a party to the case, stressed that the Inter-American Court of Human Rights decision … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25154188/Komatsu_930E_HFC_truck_2.jpg)
General Motors announced a new partnership with Japanese construction vehicle manufacturer Komatsu to build heavy-duty mining trucks powered by the automaker’s hydrogen fuel-cell technology. The company will work with the Japanese firm to install its Hydrotec-branded “power cubes,” each containing 300 individual hydrogen fuel cells with an output of 80 kW of new power, into … 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
PANAMA CITY — Canada’s First Quantum Minerals Ltd. announced Friday it has requested arbitration proceedings to fight a Panamanian decision to halt a major open-pit copper mine concession in Panama or obtain damages. First Quantum said one arbitration was requested under the Canada-Panama Free Trade Agreement. It has also started proceedings before the International Court … Read more
Americans tossed 292.4 million tons of trash into landfills in 2018, or about 5 pounds of garbage per person per day. Once in a landfill, much of that trash undergoes some wild chemistry, often polluting the surrounding area. But amid all the stinking refuse is potentially valuable material, and some environmentalists and engineers see landfills … Read more
Comment on this storyCommentAdd to your saved storiesSave PANAMA CITY — On the surface, the protests that have shaken Panama the past two weeks are about a government contract that allows a Canadian company to expand its copper mining operations here. But what’s at stake, all sides say, is a much larger question: What kind … Read more
Panama’s president has signed into law an indefinite moratorium on new mining concessions ByThe Associated Press November 3, 2023, 9:16 PM A woman holds a banner with a message sthat read in Spanish: “I love Panama, Not mining”, during a protest against a mining contract between the Panamanian government and the Canadian mining company First … Read more
A bill banning all new mining activities in Panama will go to a third and final vote after another extraordinary session of debate ByThe Associated Press November 2, 2023, 8:21 PM Demonstrators tear down a police barricade as they clash during a protest against a recently approved mining contract between the government and Canadian mining … Read more