Copper mining has a new champion in veteran Peruvian economist

Mining News Pro - Put the cautious optimism on display at Peru’s top mining event down to three main factors: easing pandemic restrictions, copper’s bright longer term outlook and a diminutive sexagenarian economist.

Peru proposes ‘new approach’ to mining to combat economic disparities

Mining News Pro - Peru’s government proposed on Friday “a new approach” for mining companies to end social gaps and avoid conflicts in the sector, a measure taken after several conflicts in the country in recent months.

Australia’s mining state aims to build battery manufacturing hub

Mining News Pro - Western Australia is seeking to lure more overseas investment to become a key battery manufacturer, promising financial backers from ally nations they will avoid limits on foreign ownership or repatriation of profits.

ESG, geopolitics ranked top risks for mining companies, EY survey shows

Mining News Pro - Global mining and metals executives view environment, social and governance (ESG), geopolitics and climate change as the top three risks facing their business over the next 12 months, according to this year’s ranking of the Top 10 business risks and opportunities for mining and metals in 2023 by EY.

How sustainable is the mining industry?

Mining News Pro - There are efforts by top companies towards their ESG agenda, but more on pollution ad deforestation should be done to advance their plans.

could Russian mining mergers counter Western sanctions?

Mining News Pro - In response to Western sanctions, Russian miners have looked towards merging to create companies strong enough to resist economic penalties. Nnamdi Anyadike investigates.

Mining Tourism, an Opportunity for the old and new mines

Mining News Pro - In 2020, Iran started to promote mining tourism by launching the first project in the Anguran lead and zinc mine, located 130 kilometers west of the northwestern city of Zanjan.

The exploration of new mining areas begins in Sangan, Khaaf

Mining News Pro - Manager of Sangan Khaaf iron ore complex said that in order to effectively exploit the rich reserves of these mines, the complex has defined several exploration programs, among which it is possible to mention the acquisition of exploration permits for 10 new areas in the Sangan area.

Shallow-water mining in direct conflict with sustainability goals

Mining News Pro - In a recent study, researchers at the University of Helsinki suggest that mining in shallow marine areas is in direct conflict with international conservation and sustainability goals, as the activity poses severe environmental risks.

China is thinking about mining the MOON !

Mining News Pro - China plans to launch three unmanned missions to the moon over the next 10 years, as it seeks to rival the US in the new era of space exploration.

Top 10 digital use cases in mining

Mining News Pro - ABB highlights the digital applications with the best value and user acceptance for the mining industry.

O3 Mining completes PFS for Marban Engineering gold project with increased production profile

Mining News Pro - O3 Mining (TSXV: OIII) has completed a pre-feasibility study (PFS) for its 100% owned Marban Engineering gold project, demonstrating its potential to become the next gold producer in the mining region of Val-d’Or, Quebec.

Pressure is on to start mining the deep sea. Is it worth it?

Mining News Pro - Vancouver-based The Metals Company wants to be 1st to mine sea floor for critical minerals

Mining industry on track to meet decarbonization targets, say analysts

Mining News Pro - The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose and performance with Partners in Performance.

Colombia may require environmental licenses for mining exploration

Mining News Pro - Colombia could require mining firms get environmental licenses for exploration in order to protect the environment, increase state control and prevent conflict between communities and extractive companies, the environment minister said on Thursday.

Peru lowers 2022 growth forecast and abandons mining tax hike plan

Mining News Pro - Peru on Thursday lowered the country’s economic growth forecast to 3.3% this year, the finance minister said, and officially abandoned a plan to hike taxes on the mining industry amid falling metal prices, high inflation and slowing growth.

Digging through patents to make mining greener

Mining News Pro - analyzed the global trends of patents related to climate change mitigation technology filed by the mining and metals sectors to find out.

The Challenges of Illegal Mining in South America

Mining News Pro - Energy attorney Inés Elvira Vesga published a column in Asuntos Legales exploring illegal mining in Colombia and the government's efforts to combat it.

Peruvian Institute of Economy reports decrease in mining private investments

Mining News Pro - A recent report by the Peruvian Institute of Economy states that the country’s mining sector has seen a ‘concerning’ decrease in private investments.

Colombia’s new president threatens to blow up illegal mining operations

Mining News Pro - Colombia’s new leftist president Gustavo Petro said that the armed forces will dynamite every dredge that is being used across the country to mine gold illegally.

Is Bitcoin Mining Profitable in 2022

Mining News Pro - Bitcoin prices have been volatile this year. While the original crypto soared to $69,000 in November 2021, it sank to as low as $17,708 in June before rebounding to its current trading level at around $23,000.

Newcrest Mining cuts dividend, posts profit drop amid lower output

Mining News Pro - Newcrest Mining on Friday reported a nearly 25% slide in full-year profit and halved its dividend from a year ago, hit by rising costs and lower output at its Lihir and Cadia mines.

Gold price seen rising above $2,000 on inflation, mining veteran says

Mining News Pro - Gold could rally above $2,000 an ounce next year as inflation remains elevated, underpinning support for the metal often viewed as a traditional hedge against price pressures, an industry veteran said.

A Record Breaking Week For BHP and some Other Mining Companies

Mining News Pro - Rival miners have cautioned over a weaker outlook and Rio Tinto Group last month reported a decline in first-half profits and halved its dividend.

Mexican government issues temporary suspension to 10 mining concessions

Mining News Pro - As rescue efforts continue to release 10 miners trapped in a flooded coal mine in Coahuila, Mexico’s General Directorate of Mines issued a temporary suspension to 10 mining concessions that need to prove compliance with safety standards.

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