Mining Stocks Archives - Page 158 of 180

WednesdayFeb 24, 2021 3:10 pm

Slow Process of Approving Mining Projects May Affect America’s Strategic Interests

The United States has been spending billions yearly for imported metals and minerals, despite the country’s abundance of various minerals in unexplored places such as Northeastern Minnesota. Many believe that what the country lacks is an efficient process that permits access to said minerals and metals. Presently, it takes roughly a decade to bring a new mine in the country into production, with many blaming Congress for the unreasonably long wait period. For years now, a senate bill that would modernize the whole licensing process has been buried in the Energy and Natural Resources Committee. Because of this, in 2020,…

WednesdayFeb 24, 2021 1:47 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised for Growth as Demand for Rare Earth Elements Expected to Expand Over Next Decade

Industry experts expect rare earth elements (“REE”) space to continue to grow significantly through 2030 UUUU entered REE business last year to complement its core uranium production; plans commercial production of intermediate REE product in H1 2021 Company expects to become leading U.S. player in this field, supplying up to 50% of nation’s rare earth demand in next few years The rare earth elements (“REE”) market continues to be of interest for investors and governments around the world amid the heightened uncertainty due to trade restrictions out of China and increased demand for REE magnets, according to an article published…

TuesdayFeb 23, 2021 1:45 pm

EV Sector Driving Force Behind Responsible Mineral Sourcing, Mining

The ocean waters that surround Papua New Guinea and Eastern Indonesia lie in a biodiverse Coral Triangle, which is home to some of the world’s most highly endangered and concentrated coral reefs. Apart from being internationally significant ecological sites, these reefs are also habitats for a few vital subsistence and commercial fisheries, which are crucial to the lives of the local communities. At the same time, the area, which is rich in nickel deposits, is attracting the attention of manufacturers of electric vehicles worldwide. Reason being, electric vehicles rely on batteries that contain minerals such as cobalt, lithium and nickel.…

MondayFeb 22, 2021 12:45 pm

Judge Gives Green Light for Forest Land Transfer to Rio Tinto Plc (NYSE: RIO) in Arizona

This past week, a federal judge gave his ruling on a case that involved the U.S. Forest Service transferring Arizonian land owned by the government to Rio Tinto Plc (NYSE: RIO). His ruling denied the request from Native Americans who had argued that the land had cultural and religious value. The judge’s ruling is probably going to intensify the clash between Rio Tinto and BHP Group Plc, which is its minority partner, and members of the San Carlos Apache Tribe in Arizona, who assert that the land is home to deities. Rio Tinto has spent more than $1 billion dollars…

FridayFeb 19, 2021 1:30 pm

Central Asia: The New Hub of Attractive Mining Opportunities

Kyrgyzstan, Kazakhstan, Uzbekistan and Tajikistan — formerly Central Asia under the Soviet Union — may in the near future provide global mining firms with great opportunities to grow, due to the liberalization of national mining laws that were established by local governments in the recent past. Additionally, the countries are rich in minerals. The Central Asia region, which is occupied by 72 million people and can be distinguished by huge subsoil resources, extends from the Caspian Sea in the west to Mongolia and China in the East. To date, the interest of various Western mining firms in the region has been…

ThursdayFeb 18, 2021 2:45 pm

Western University Professors to Study Regulations Governing Space Mining

The constant rise in demand for exhaustible natural resources has attracted the interest of many nations globally, with many hoping to potentially harvest resources from outer space. Recently, a pair of professors from Western University launched a project whose objective is to tackle the gaps in the laws that govern mining in space and how these regulations may influence the companies and countries that would like to venture into the business of space mining. The professors — Elizabeth Steyn and Valerie Oosterveld — set up the research project to investigate the regulations that govern mining in space and whether international…

WednesdayFeb 17, 2021 2:45 pm

Mining Sector Needs to Consider Upskilling Workers as Rapid Tech Adoption Occurs

The coronavirus pandemic has brought some of the biggest economies in the world to their knees, while affecting many other industries across the globe. However, it has also brought forth a few positive effects, such as the advancement of the fourth industrial revolution, by adopting technology, especially in the natural resource industry. In a panel discussion on Investing in African Mining Indaba, Sabina Dall’Omo, the Eastern and Southern Africa CEO of Siemens, an automation company based in Munich, Germany, stated that the mining industry would have had a discussion on digitalization in 2019 and applied and adopted digital technology in…

TuesdayFeb 16, 2021 3:15 pm

North American Groups Express Concerns about Canadian Mining Project

A multinational alliance made up of environmentalists, businesses and more than 200 indigenous groups have announced their opposition to a mining plan that may severely affect the environment. Imperial Metals recently applied for an exploratory permit from the British Columbia government that would allow the company to drill for gold around the Skagit River’s source, which is near the American border. Opponents of this project, which exist on both sides of the border, argue that if the exploration for gold is permitted, mining will follow, which will heavily pollute the river while also harming local communities as well as the…

FridayFeb 12, 2021 11:15 am

Experts Caution about Space Mining War Between Global Powers

Many experts caution that Russia and China may soon join forces to prevent the United States from dominating an ET mining base in space. The former Trump administration had announced that by 2024, the country would be returning astronauts to the moon, in addition to proposing a worldwide legal framework for mining on the celestial body. The framework, named the Artemis Accords, encouraged citizens in the country to mine for commercial purposes, both on the moon and on other celestial bodies. Led by the National Aeronautics and Space Administration (“NASA”) in the U.S., the accords were signed in October by…

ThursdayFeb 11, 2021 2:45 pm

UK Crime Drama to Be Filmed in Former Mining Villages

A new crime drama that’s inspired by Nottingham’s former mining communities will soon be aired on UK screens. Sherwood, a six-part series written by James Graham, is based off of a 2004 manhunt for two killers in North Nottinghamshire. The series’ producers noted that the action portrayed in the drama will be fictional. Sherwood’s writer, who also wrote “Brexit: The Uncivil War,” grew up in Sutton-in-Ashfield. Graham stated that he hoped to represent his community’s voices through the series, explaining that these ex-mining communities in North Nottinghamshire did not receive a lot of attention. He then stated that he felt…

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