Swiss gold refiners say they didn’t import mystery Russian metal

Mining News Pro - The industry association for Switzerland’s gold refiners said its members didn’t import gold from Russia last month, raising questions about who bought the country’s precious metals.

Germany warns of Lehman-like contagion from Russian gas cuts

Mining News Pro - Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in triggering the financial crisis.

US allots $74 million to critical minerals mapping

Mining News Pro - The US Department of the Interior has set aside more than $74 million to invest across 30 states in research and mapping of areas with potential for critical minerals, as the Biden administration seeks to strengthen key domestic supply chains.

China backs Russia in opposing bid to redefine conflict diamonds

Mining News Pro - China has joined Russia in opposing an effort to redefine conflict diamonds to include those sold by individual nations, as a rift between Western and pro-Russia nations jeopardizes the process for certifying rough diamonds as conflict-free.

Copper price at 16-month low as slowdown fears hit industrial metals market

Mining News Pro - Copper prices fell to a 16-month low on Thursday as fast-rising interest rates and weak economic data fanned fears of a global slowdown that would reduce demand for metals.

Australia to push miners to set up register of offenders

Mining News Pro - Australia will push its mining industry to set up a register of sexual harassment perpetrators to help rein in abuse, a cabinet minister said, after a state government report detailed cases of “horrifying” and “appalling” behaviour against women.

Trudeau’s energy chief unveils low-carbon industrial strategy

Mining News Pro - Canada is launching an industrial strategy for its natural resources, with critical mineral infrastructure, hydrogen production and other low-carbon projects set to be a major focus.

Russia eyes new rules on state’s gold, gem sales amid war

Mining News Pro - Russia’s government and parliament are seeking to change rules on the sales and management of the state’s precious metal and gem stockpiles amid the war with Ukraine.

Bitcoin miners help US oil producers cut flaring

Mining News Pro - US oil producers are turning to an unexpected source to help solve the environmental problem of excess natural gas — cryptocurrency miners.

Australia’s opposition party flags more ambitious emissions goal

Mining News Pro - Australian opposition leader Peter Dutton indicated his group will set a target before the next election for a bigger cut in emissions, but said that coal and gas should continue to be “a part of the mix.”

Russia is about to power Bitcoin mines with fossil fuel

Mining News Pro - One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining.

BP to lead giant green hydrogen project in Western Australia

Mining News Pro - BP Plc acquired a stake in and will lead one of the world’s largest clean energy projects, which aims to supply green hydrogen from Australia to key markets including South Korea and Japan.

Chinese stimulus, lower supply from Russia to keep nickel prices high

Mining News Pro - Nickel prices will edge higher in Q322 as Chinese stimulus measures improve the demand outlook and the Russia- Ukraine war continues to disrupt supply, before falling towards the end of the year as refinery output ramps up, market analyst Fitch Solutions forecasts in its latest industry report.

Kinross Gold sells Russian assets at half the agreed price

Mining News Pro - Kinross Gold said on Wednesday it had sold its Kupol mine and Udinsk project in Russia to Highland Gold Mining for a total of $340 million in cash, half of the price announced in April.

Iran Alumina plans for a 350 thousand tons of aluminum export

Mining News Pro - The CEO of Iran Alumina Company announced plans to export 350,000 tons of aluminum ingots this year.

US, Canada and partners enter pact to secure critical minerals

Mining News Pro - The United States, Canada and other countries have established a new partnership aimed at securing the supply of critical minerals, which are essential for clean energy and other technologies,as global demand for them rises, the State Department said on Tuesday.

Elemental Royalties, Altus Strategies merge, creating global gold royalty company

Mining News Pro - Elemental Royalties and Altus Strategies plc have agreed to a merger, with the share capital of Altus acquired by Elemental.

Assay results confirm sustainable resource at American Rare Earths’ La Paz project in Arizona

Mining News Pro - American Rare Earths (ASX: ARR) announced on Tuesday promising assay results from 332 samples taken from four core holes at the Southwest area within its flagship La Paz project in Arizona.

The development of steel industry and job creation is the priority of KSC

Mining News Pro - Chief executive of KSC mentioned that development of steel industry and job creation is the priority of this company.

Deal-hungry miners return to Toronto with EV metals in focus

Mining News Pro - As the mining industry gathers in Toronto this week for one of its biggest annual events, the focus will be on two groups of metals: one that’s seeing soaring demand across the world, and another with almost no industrial utility.

Lynas awarded $120m DOD contract to build commercial heavy rare earths facility in US

Mining News Pro - Australia’s Lynas Rare Earths Ltd (ASX: LYC, OTC:LYSDY) announced Monday that its wholly owned subsidiary, Lynas USA LLC, has signed a follow-on contract for approximately $120 million with the U.S. Department of Defense to establish a first of its kind commercial Heavy Rare Earths (HRE) separation facility in the United States.

Canada must overcome hurdles in ‘urgent’ critical minerals push

Mining News Pro - The global clean-energy transition offers metals-rich Canada a “generational economic opportunity,” as long as the mining industry can get past some key hurdles, Natural Resources Minister Jonathan Wilkinson said.

Copper more effective than silver in killing covid virus

Mining News Pro - Researchers at Ruhr-University Bochum investigated ways to make copper and silver release even more ions than they normally would as a result of corrosion, a process that helps prevent the growth of bacteria or kill them completely.

Ontario developer finds massive cache of pure synthetic graphite at planned housing site

Mining News Pro - When developer King & Benton Holdings acquired the former Union Carbide synthetic graphite manufacturing facility in Welland, Ontario, the last thing magament thought was that they were going to end up joining the battery metals space.

Top IoT Companies in the Mining Industry

Mining News Pro - Internet of Things (IoT) describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it.

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