Extraction of raw materials could rise 60% by 2060
The United Nations’ flagship Global Resources Outlook report is the portrait of a juggernaut. Due to be published later this month by the UN’s International...
Tag : copper
Transformation Underway: Abandoned Mine in Finland Transformed into a Gravity Battery for Storing Renewable Energy
A Scottish company is using the Pyhäjärvi mine to build its first full-scale prototype gravity energy store. One of Europe’s deepest mines is being transformed...
UK Company Plans Groundbreaking Conversion of Europe’s Deepest Mine into Inaugural Gravity Battery Facility
UK-based energy storage firm Gravitricity will soon begin work to convert Europe’s deepest mine into the first-ever gravity-based battery. The 4,737 feet (1,444 meters) deep...
Milestone Achieved: GCR Mongolia Joint Venture Reaches Significant Shaft Sinking Progress at Oyu Tolgoi
GCR Mongolia, a joint venture between Gobi Infrastructure Partners and RUC Mining, has reached a depth of 1,000 m on Shaft 4 at the Oyu...
Velocity Minerals Ltd. Initiates Phase I Drilling at Zlatusha Copper-Gold Project in Bulgaria
In a significant development for the mining industry, Velocity Minerals Ltd. has announced an update on its Zlatusha Copper-Gold Project, located in the Tier One...
Hidden Consequences of Copper Mining: Undisclosed Environmental Impact on Groundwater in Northern Sweden
In the heart of northern Sweden, the Aitik open-pit mine looms large as Europe’s largest copper mine. Its neighbor, the Liikavaara Östra copper-sulphide deposit, is...
Rio Tinto Engages in Discussions with Investors Regarding Water Contamination Allegations
Global mining giant Rio Tinto, which sparked outrage after destroying an ancient Indigenous site in Australia in 2020, faces new pressure from socially conscious investors...
Impact of COP28 on the Copper Industry
More than ever before, COP28 demonstrated that switching to clean, renewable forms of energy—and ensuring this energy is used efficiently—was top of mind for the...
Namibia Extends Ongombo Copper-Gold Project License for Another Two Years
Namibia has renewed the Ongombo Copper-Gold Project EPL 5772 for two years, while the Environmental and Social Impact Assessment (ESIA) is at an advanced completion...
Baita Plai Production Sees Modest Decline, According to Vast Resources Report
Mining company Vast Resources released its fourth quarter production figures for the Baita Plai polymetallic mine in Romania on Wednesday, extracting 24,178 tonnes of material...