[ad_1] Canadian miner First Quantum Minerals FM-T said on Monday it will cut production at its Australian nickel mine due to a “significant” downturn in prices of the metal last…
Tag: Mining
Seven arrests connected to burglary at mining business
[ad_1] Alaska State Troopers are continuing to investigate the December burglary of a mining business that resulted in the theft of numerous items, including guns, a car, a snowmachine, ivory…
Korean battery maker Samsung SDI investing in Canada Nickel
[ad_1] TORONTO – Canada Nickel Co. Inc. says Korean company Samsung SDI Co. Ltd. has agreed to invest US$18.5 million in the company for an 8.7 per cent stake. Samsung…
Bitcoin mining stocks tumble after the cryptocurrency briefly touches $49,000
[ad_1] Bloomberg | Bloomberg | Getty Images Bitcoin miners fell Thursday, giving back earlier gains, as the price of the cryptocurrency retreated in volatile trading following the U.S. Securities and…
China’s Zijin Mining to buy 15% stake in Canada’s Solaris
[ad_1] :Solaris Resources said on Thursday that Chinese mining firm Zijin Mining Group plans to acquire a 15 per cent stake in the Canadian miner for about C$130 million ($96.99…
Norway becomes first country to back controversial deep-sea mining
[ad_1] According to a study by the Environmental Justice Foundation published on the day of the vote, deep-sea mining is not needed for the clean energy transition. ADVERTISEMENT Norway has…
Protests in Norway against move to allow seabed mining exploration
[ad_1] The vote has opened an area of the Norwegian Sea nearly as big as Italy to deep-sea mining exploration – an activity that scientists fear might destroy marine life.…
Pressure group demands 15% development levy from lithium mining – Ghana Business News
[ad_1] A non-partisan pressure group, Value for our Lithium, in the Mfantseman Municipality, has called for an increase in the municipality’s development levy from the proposed one per cent to…