Canada will review whether mining companies in Mexico are complying with the latter country’s environmental regulations to prevent further damage, following a bilateral meeting between President Claudia Sheinbaum and Prime Minister Mark Carney. The leaders met Thursday at the National Palace to discuss investment, mining, and security. They first held a private meeting, followed by a working lunch with their teams, and later a session with Mexican and Canadian business representatives. Sheinbaum said Carney underscored Canada’s commitment to ensuring that Canadian mining companies respect environmental regulations in Mexico. Both leaders highlighted the importance of compliance with environmental standards in line…
Author: TJ Markle
A warning from one of the world’s largest copper producers of lower expected sales sent copper prices spiking and lifted mining shares in London and elsewhere. Freeport-McMoRan Inc (NYSE:FCX, ETR:FPMB), which accounts for around 8.5% of global mined copper, said it was expecting consolidated sales to be lower by about 4% for copper and nearly 6% for gold in the third quarter compared to its prior forecast. The Arizona-based miner’s shares fell 7.4% in premarket trading in New York. Freeport earlier this month paused mining in its Grasberg mine in Indonesia after a mass of wet ore material blocked access to parts of…
Boldyn and Nokia have deployed a private 5G network at Finland’s Callio FutureMINE, one of Europe’s deepest mining environments and a testbed for new technologies. Various industrial tech collaborators are also involved. In sum – what to know: Testbed – private 5G network at underground Callio mine in Finland is for industrial firms to test new safety and automation solutions. Applications – the new system, based on Nokia’s MPW product, supports remote vehicle control and digital twin mapping apps. Collaboration – the Boldyn / Nokia partnership hails from the Edzcom days; the deployment puts them at the heart of Industry…
Precious metals have fascinated civilizations for thousands of years, admired not only for their beauty but also for their remarkable scientific qualities. Gold, silver, and platinum are unique among periodic table of elements: they resist corrosion, conduct energy efficiently, and possess rare physical traits that make them indispensable in industries ranging from technology to medicine. These same scientific properties also explain why they have become cornerstones of wealth preservation and trusted assets for investors worldwide. By understanding what makes these metals so extraordinary at the atomic level, it becomes clear why they continue to hold both scientific and financial value…
Intel was once the crown jewel of Silicon Valley, despite giving us the occasional earnings scare. Today, it looks more like an aging heavyweight staggering through the late rounds, absorbing blows from faster, leaner rivals. But here’s the bigger question: if the company that defined the PC era collapses, does the fallout really push investors toward gold and silver—or is that just another convenient Wall Street bedtime story? The assumption that metals automatically shine when tech giants stumble sounds neat, but reality tends to be far messier. To answer it, we need to cut through investor superstition, examine actual market behaviors,…
Felix Gold’s Treasure Creek project emerges as a near-term domestic source of this defense-critical metalloid. For more than a century, America has turned to the stibnite veins cutting across Treasure Creek north of Fairbanks, Alaska, when it needed a strategic supply of antimony. With global prices surging and U.S. policymakers prioritizing secure domestic sources, Felix Gold Ltd. is advancing plans to reestablish this historic mining district as a modern feedstock for a metal essential to defense and clean energy technologies. “With record antimony prices and a clear U.S. policy push for secure, domestic supply, we couldn’t be better placed,” Felix…
Green Light Wisconsin says early results are encouraging, but environmental group says they’re very preliminary. Canadian mining company GreenLight Metals announced Monday that early drilling results confirm the presence of significant copper and gold at the Bend deposit in northern Wisconsin. The company, which does business in the state as Green Light Wisconsin, drilled six holes this summer on less than an acre of the deposit in Taylor County within the Chequamegon-Nicolet National Forest. The Bend deposit is believed to contain about 4.2 million tons of ore that has primarily copper-bearing sulfides and gold. Green Light is leasing mineral rights…
The European Commission’s Directorate‑General for Trade is preparing a voluntary platform to help downstream companies share due diligence information. Procurement teams face growing pressure to prove clean supply chains for minerals that underpin electronics, batteries and renewables. Yet transparency remains thin. In ICT, only 27% of companies disclose any portion of tier one supplier lists and just 9% publish complete named lists. Despite widespread conflict minerals filings, many 2023 disclosures still could not determine the countries of origin for tin, tantalum, tungsten and gold. Beyond 3TG, disclosure is uneven. Some leaders, notably Apple, publish cobalt and lithium smelter and refiner lists, but…
The federal government is moving forward with leasing thousands of acres of land in west Alabama for coal mining, a move that will drastically increase coal exports from the state. The move could nearly double Warrior Met Coal’s projected output, create hundreds of jobs and millions of dollars in revenue, both for the mining company near Tuscaloosa and for the Port of Mobile. But the mining will take place in the Black Warrior River watershed, which advocates say could jeopardize endangered species, including a rare, elusive salamander found only in a few streams in northwest Alabama “We’re just creating additional…
Ayatollah Khamenei talked to the nation on the onset of Sacred Defense Week, which marks the 45th anniversary of Iraqi Ba’athist regime’s invasion, which triggered the Iranian nation’s resistance. The speech was broadcast live on different Iranian media, including national TV and radio. At the start of his televised speech, the Leader said he would focus his speech on the Iranian nation unity, the uranium enrichment and the issue of talks with the United States. He pointed to the recent 12-day war imposed by the enemy on the country in June, saying that toppling the Islamic Establishment was the objective…