Top miners’ reclamation obligations could surpass industry’s total debt by 2033
Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013.
Latest Stories
SSR targets October restart at Seabee gold mine in Saskatchewan after forest fire
Last year, Seabee produced 90,777 oz. of gold, and is forecast to produce 75,000-85,000 oz. in 2024.
BHP and Cobre to jointly explore for copper in Botswana
The potential earn-in JV covers Cobre's Kitlanya West and East copper projects in the Kalahari copper belt.
Gold price climbs to new record, now up 27% on the year
Bullion has advanced since the Federal Reserve lowered its benchmark interest rate by half a percentage point last week.
Nevada King Gold’s high-grade hits cap off strong summer of drilling
Highlight hole cut 53.8 metres grading 4.1 grams gold per tonne and 32.9 grams silver.
Ivanhoe Electric unit secures $55 million Chinese investment for vanadium battery business
In addition to forming a JV, Ivanhoe and VRB will also establish a separate US-based vanadium redox battery business, to be located in Arizona.
At least 38 dead in Iran coal mine blast
The accident was caused by a methane gas explosion in two blocks of a mine run by the Madanjoo company.
Indonesia President inaugurates production of Freeport Indonesia’s copper smelter
The new $3.7 billion smelter has annual input capacity of 1.7 million metric tons of copper concentrate.
Iron ore price hits over 1-year low on soft China demand prospects, firmer supply
Stainless steel exports in China hit a record high in August.
