China’s Rare-Earth Mining Pollution Problems Provide Opportunities to Other Countries

Anastasia Bogdanova | December 15, 2020
img0 China is still dealing with the environmental catastrophe of its poorly managed Rare-Earth mining operations and this has opened up opportunities elsewhere. China’s early dominance of rare earth production may be coming back to bite it. In the 80s and 90s, there was an explosion of rare earth extraction operations in China. This has given ...

Nornickel moves to improve enviro risk management

MINEX Forum | November 27, 2020
img0 Russia’s Nornickel, the world’s largest producer of palladium and high-grade nickel, has launched an environmental risk management review in order to identify and better manage new climate change risks that are emerging. The announcement of a risk management review follows an independent report by consultancy ERM on its findings about what led to the May ...

Russia, Australia to drive global gold output growth – report

MINEX Forum | November 27, 2020
img0 Global gold mine production growth will rebound in the coming years underpinned by higher gold prices and mergers between major mining firms, market analyst Fitch Solutions forecasts in its latest industry report. Major mergers among global miners and an improving gold price outlook will boost global mine supply in the coming quarters, and Fitch forecasts global gold production to ...

Australian Mining Companies See Big Economic Opportunities in Kazakhstan

MINEX Forum | November 23, 2020
img0 Kazakhstan has huge potential in its mining industry sector and Australian companies are eager to help unlock it, said Austmine Director for International Business Robert Trzebski in an interview to The Astana Times. “We work with mining companies around the world and our mission is to connect our member companies with opportunities around the world,” ...

Europe lagging behind securing supplies of the raw materials needed for batteries production

MINEX Forum | November 19, 2020
img0 Investments in the EU battery sector reached €60 billion last year, while China invested only €17 billion, EU commissioner Maroš Šefčovič told EURACTIV in a recent interview. This year, Europe has so far invested €25 billion – again twice as much as China, he noted. Since the launch of the “European battery alliance” in 2017, ...

Kyrgyz’ mining sector faces turbulences

MINEX Forum | November 19, 2020
img0 For now, Kyrgyz mining companies are still recovering from the mayhem that ensued following weeks of unrest that stemmed from protests against the October 4 parliamentary election. Kyrgyzstan’s latest bout of political turbulence halted operations at a number of mining companies as mobs took advantage of the lawlessness to raid their projects. The next risk ...

Covid-19 hurt mining in Asia and the Americas most

Anastasia Bogdanova | August 25, 2020
img0 Mining operations in Asia and the Americas were hardest hit by government regulations implemented to stymie the spread of Covid-19, and are the regions that will register the largest declines in mineral production growth this year. This is according to a new report by Fitch Solutions, which states that ore production in China, Indonesia, Peru and India have ...

Russia has $1.5bn plan to dent China’s rare earth dominance

Anastasia Bogdanova | August 13, 2020
img0 Russia plans investment of $1.5 billion in rare earth minerals, critical to the defence, telecommunications and renewable energy sectors, as it strives to become the biggest producer after China by 2030, a top government official told Reuters. Russia’s initiative is in line with other countries, such as the United States, which are also trying to ...

Coronavirus slams Poland’s already-troubled coal industry

MINEX Forum | July 7, 2020
img0 WARSAW, Poland — The coronavirus has ripped through Poland’s coal mines, where men descend deep underground in tightly packed elevators and work shoulder-to-shoulder to extract the source of 75% of the nation’s electrical power. Of Poland’s more than 36,000 reported COVID-19 cases, about 6,500 are miners — making them nearly a fifth of all confirmed infections in ...

Finland funds state-owned battery metals firm

MINEX Forum | June 11, 2020
img0 A budgetary package worth €450 million to be submitted to the Nordic country’s Eduskunta (parliament) in June will include a €300 million mandate for Finnish Minerals to enter into contracts and other investment commitments. Chief executive Matti Hietanen said the additional funding would enable the company to invest in developing the Finnish battery value chain and ...