Deep in the Earth? Worry not, we dig well. Have a peek, you will not be disappointed.

Children are increasingly involved in sand mining in East Africa. The illegal sand trade occurs in mostly remote areas, hidden from sight and out of reach of anti-child labour advocacy campaigns. That makes it hard to determine the exact number of youngsters involved.

allAfrica

East Africa: Shovelling for a Pittance - East Africa's Young Sand Miners

Illegal miners are pushing deeper into the Amazon to plunder the land for gold and tin ore. Their mines poison rivers and threaten the livelihoods of Indigenous communities. A New York Times investigation found that these miners are building hundreds of illegal airstrips. 



KCRW

Illegal mining in Brazilian Amazon is destroying soul of Indigenous tribes

Medium-scale mining operations occurring in a tiny riverine community in northwest Guyana has led to deforestation and discoloration in vital waterways after tailing ponds spilled into creeks and a river.


Mongabay

‘The water is brown’: Community in Guyana rings the alarm over unsustainable mining near river

On August 5, China’s Ministry of Industry and Information Technology (MIIT) posted a notice on its website detailing the performance of the domestic industrial silicon (metallic silicon) industry in the first half of 2022. Highlights are as follows:

Energy Trend

MIIT: China’s Industrial Silicon Production Grew by 26.9% Year on Year to 1.436 Million Tons for First Half of 2022

Prospects of a longer-term role for coal-fired power have been eliminated, after energy ministers vowed to redesign electricity market changes aimed at guaranteeing enough reliable power as the grid moves to renewables.



Australian Financial Review

Coal ditched from role in making energy grid reliable

A proposal for a ‘sustainable mine’ in Minnesota has the backing of Tesla. But will it win over the community?


The Washington Post

Is sustainable mining possible? The EV revolution depends on it.

The mining company agreed to prepare an action plan to address the issue soon.



Mining Technology

Glencore reports high arsenic emissions in Quebec, Canada

The South African Police Service (SAPS) and the Department of Mineral Resources and Energy (DMRE) are in the process of establishing a specialised unit to root out illegal mining activities in the country.



Mail & Guardian

Specialised task force to combat illegal mining in South Africa

The environmental licence allows Hochschild to begin processing plant construction and mine pre-stripping works.



Hochschild Mining secures key approval for Mara Rosa project

Divers are hindered by debris and poor visibility as they search for 10 miners who remain trapped in a flooded mine.



Al Jazeera

Initial efforts to rescue trapped Mexican miners unsuccessful

Lithium-ion batteries are used in smart phones, laptops, electric vehicles, and battery energy storage systems in various industries and companies have paid great attention to lithium ore and battery supply chains for their own ESG performance. Now scientists have found a way to establish a tracking system through the atoms in lithium batteries to ensure that purchased products are insulated from disputes.



Battery Supply Chain Traceability, Lithium Isotopes as "Fingerprints"

The negotiations on opening the world’s first deep-sea mines ended in Kingston, Jamaica, last week with no agreement, meaning that less than a year remains before a legal clause kicks in that could see seabed mining commence without any environmental or economic regulations in place. 

The Guardian

Deep-sea mining talks end with no agreement on environmental rules

A much-anticipated decision on whether the UK’s first new deep coalmine in more than 30 years should go ahead has been delayed again. The Department for Levelling Up, Housing and Communities (LUHC) has written to Friends of the Earth to inform the organisation that the new secretary of state, Greg Clark, has set a new deadline of 8 November to rule on whether the coalmine should be granted planning permission.

Cumbria coalmine decision delayed again as critics condemn ‘zombie’ No 10

INR campaigns to provide loans to encourage Indigenous participation in resource projects.

Mining.com

Indigenous Resource Network launches ownership campaign

One of the refrains of the environmental lobby is that Australia is extremely well-placed to become a renewable energy superpower, and that this will replace the loss of revenue from coal and natural gas exports.

Reuters

Australia's renewable energy ambitions dwarfed by coal, LNG juggernaut

Libyas crude oil production averaged nearly 1.2 million barrels per day (b/d) during 2021. In late December 2021, armed militants shut in an estimated 0.4 million b/d of crude oil production. In April 2022, protesters across the country began to blockade several major ports and oil fields in Libya, causing production to fall to around 0.5 million b/d by July 2022. According to our Libya Country Analysis Brief, Libyas crude oil production has continually fluctuated because of armed conflict and political instability since Libyas first civil war, which began in 2011.

Conflict in Libya since 2011 civil war has resulted in inconsistent crude oil production

Aldebaran plans to use the funds to advance the Altar copper-gold project located in San Juan, Argentina.

Aldebaran receives $8.4 million strategic investment from South32

The fact that an energy exporter like Australia is having a tough time when the prices of our energy exports are sky high shows just how broken our political debate has become.



It’s time to tax mining and energy giants properly. Struggling Australians should share in their record profits

China’s coal industry has come roaring back since last year’s supply crunch saw Beijing prioritize energy security, but a recent spate of accidents is now ringing alarm bells.



Bloomberg

China Pledges to Cut Mining Deaths After Spate of Accidents

Andrew Forrest, Australia’s richest man (second-richest person) and the founder of Fortescue Future Industries, a global green energy company, sees the Inflation Reduction Act as critical to turning America’s coal-fired power-plants into green hydrogen plants.

Politico

The Australian tycoon with designs on U.S. coal mines

Wholesale inflation fell in July, adding to investor optimism that pricing pressures may have peaked.

Forbes

Dow Gains 300 Points After New Economic Data Indicates Inflation Has Peaked

Aim is to reduce greenhouse gas  emissions on routes between BHP’s mines in Chile and PPC’s smelters in Japan.

BHP, Pan Pacific Copper and Norsepower partner to reduce emissions on shipping routes

The company received an extension to its environmental permit in late July.

Prismo Metals prepares to drill-test at Palos Verdes gold project in Mexico

The Croinor project has measured and indicated resources of 903,600 tonnes at an average grade of 6.47 g/t gold.

Monarch increases M+I resource base by 39% following Croinor update

The programme will address issues in domestic critical materials supply chain, including hurdles to clean energy transition.



US seeks public input on critical materials research programme

The International Seabed Authority, the intergovernmental body tasked with overseeing deep-sea mining in international waters, concluded its recent set of meetings, which ran from July 4 to Aug. 4, 2022.


Eco-Business

Chorus of skepticism grows at deep-sea mining negotiations

New Biden-administration programme aims to advance domestic sourcing and production



Renews

US puts out rare-earth element supply chain request

Mining will play a centre-stage role in decarbonisation as projections show how demand for certain minerals and metals is likely to grow exponentially with the expansion of renewable energy technologies and electric vehicles. This paper argues that the management of ESG issues and active ownership are key to ensure that the industry is able to meet the growing demand for minerals and metals.




Fidelity

The decarbonisation and mining paradox: Challenges and long-term opportunities for investors

Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission in April comes into effect.



The Australian

Bulk Buys: Russian coal ban is here – meaning even more demand for Aussie miners

More than 160 people have been arrested and 339 FIRs lodged under an ongoing campaign against illegal mining in Rajasthan, officials said on Wednesday.


Business Standard

Campaign against illegal mining: 164 people arrested in Rajasthan

Districts that border Gishwati-Mukura National Park have said that fresh measures are being tightened to crack down on illegal mining activities that threaten the protected forest.



Rwanda: Illegal Mining Threatens Gishwati-Mukura National Park

Indigenous groups are teaming up with local governments to protect Ecuador's rainforests.



Euronews

Indigenous groups team up with the government to protect the Amazon

Fares fell nearly 8 percent in July from June, a drop that helped to bring down overall inflation.

The New York Times

Airfares Tumbled as Jet Fuel Prices Fell

The Mara Rosa gold mine, in Brazil’s central state of Goías, is expected to begin production in the first half of 2024.

Hochschild Mining granted environmental permit for Brazil gold project

PureGold’s new resource falls to 2Moz from 2.5Moz, and the average grade declines to 7.2 grams of gold per tonne.

Pure Gold cuts Red Lake resource base by 20%

hile will seek to apply harsh sanctions on those responsible for a huge sinkhole near a copper mine in the country's north, the mining minister said on Monday.

Chile to 'Sanction' Those Responsible for Sinkhole Near Copper Mine

“This rapid push to build out mining capacity is being justified in the name of climate change,” said Julie Michelle Klinger, author of the book “Rare Earths Frontiers,” who is leading a federal project to trace illicit energy minerals. “There’s still this push to find the right place to mine them, which is a place that is out of sight and out of mind.”

Associated Press

'The Sacrifice Zone': Myanmar bears cost of green energy

The decision was made over safety concerns of the nearby Tierra Amarilla community due to the 200m-deep sinkhole.



Chile’s Alcaparrosa mine pauses operations due to sinkhole

All five workers who were trapped after a roof collapsed at a coal mine in Shanxi province in northern China have been pronounced dead, state-run CCTV reported.



China coal mine collapse death toll rises to five workers

Mexico will attempt to send an aquatic drone into a collapsed coal mine where 10 miners have been trapped since last week

ABC News

Mexico to send aquatic drone into shaft with trapped miners

The climate crisis is melting Greenland down at an unprecedented rate, which -- in a twist of irony -- is creating an opportunity for investors and mining companies who are searching for a trove of critical minerals capable of powering the green energy transition.


Billionaires are funding a massive treasure hunt in Greenland as ice vanishes

Researchers say it’s time to write a new chapter in mining history — a story that honors heritage, mitigates hazards and creates stable power grids that benefit host communities.



Michigan Technological University

New Research Shows Old Mines Hold the Power to Energize Communities

Accountable leaders are the key to psychologically safe workplaces, the recent Diggers and Dealers Mining Conference has been told.



Australian Mining

More to be done on mining workplace safety

Reducing your carbon footprint takes time, but it’s not impossible. It isn’t just about carbon neutrality, as the long-term goal should be to become carbon negative. However, companies should not rush to make those announcements until they have taken the steps necessary to achieve that goal.

How Companies Can Avoid Greenwashing And Make A Real Difference In Their Environmental Impact

The birds no longer sing, and the herbs no longer grow. The fish no longer swim in rivers that have turned a murky brown. The animals do not roam, and the cows are sometimes found dead.

The Independent

Myanmar bears cost of green energy

A growing number of countries are demanding more time to decide on rules that would allow companies to mine the deep seabed for minerals needed to manufacture batteries for the energy transition.


Climate Home News

'We are not ready': Divisions deepen over rush to finalise deep sea mining rules

The deposit holds another 240,000 oz. gold in the inferred category at 1.05 grams per tonne.

Resource and grade growth bodes well for Osino’s prefeasibility on Namibia gold project

Imperial Metals (TSX: III) racked up further losses during the second quarter of 2022, recording an adjusted net loss of $29.3 million compared [&#8230;]

Imperial Metals records $29.3M net loss in Q2 as it works to reopen Mount Polley

On the financial front, Hudbay recorded net earnings of $32.1 million for the second quarter of 2022, compared with $63.8 million in Q1 2022.

Hudbay Minerals reaffirms 2022 guidance as production, costs improve in Q2

Mining licenses issued by Saudi Arabia’s Ministry of Industry and Mineral Resources showed a steady pattern during the first half of 2022, according to data compiled by Arab News. With a total of 466 mining licenses issued during the first six months, February saw the highest number with 100, up from 67 licenses in the previous month. 

Arab News

Saudi mining sector grows steadily; 466 licenses issued during H1

Mining | Policy & Regulation

Brazil's Petrobras said on Thursday it has begun the process of looking for bidders for its potassium mining rights in the Amazon basin. The asset is composed of eight mining concessions, four mining requests already granted and 22 requests for research which are still pending authorization.

Investing.com

Brazil's Petrobras puts potash mining rights up for sale

Assuming shareholders of Havilah Resources vote as expected for the OZ Minerals deal at the end of the month, potential OZ acquirer BHP would have another copper project on its hands in South Australia should it ultimately proceed with a takeover.



Mining News

South Australia targeted to become BHP's South American Mini Me?

For investors with a high tolerance for risk, Peregrine Gold’s drilling next week of a high-grade gold target near Newman in Western Australia's Pilbara may hold appeal.



Classic high risk, high reward gold play set to be drilled by Peregrine

Stanmore is buying the remaining 20% stake in the metallurgical coal venture BHP Mitsui Coal (BMC) in Australia.

Stanmore Coal pays Mitsui $380m for full control of Queensland coal mines

Data showed that euro zone industrial production grew three times more than expected in June.

Risk-on rally pushes copper price towards a 3% weekly gain

Huludao Ruisheng's storage site in Qinhuangdao is holding about one-third of the 300,000 tonnes of copper concentrate it should have.

Glencore cuts off Chinese trader caught up in missing copper scandal

Mining People: American Copper, Battery Metal Royalties, Elevation Gold, Nevada Vanadium

UK-listed group says new investments in metal would be reviewed if country’s government approves tax and royalty increases

Financial Times

Miner Antofagasta warns of copper project challenges under Chile tax rise plan

Plus: cheer up about prices, a beaut BHP irony, and a phosphate success. 

How China will cut Australian iron ore imports

With Core Lithium on the brink of production and enjoying a market capitalisation of more than A$2.5 billion, interest in minnow Ragusa Minerals surged today as it reported high-grade rock chips in the same geological neighbourhood.


High-grade lithium chips core of Ragusa success

Despite the energy capacity of silicon as an electrode material, it is normally disregarded because of a lack of mechanical stability.

Researchers solve issues hindering silicon use in lithium-ion batteries

US consumer prices did not rise in July compared with economists' expectation of a 0.2% gain.

Copper price near 6-week high on softer than expected US inflation

The underground expansion of the Karowe diamond mine in Botswana, will extend its productive life until 2040.

Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion project

Aluminum and copper prices slipped on Wednesday on worries about declining demand after data from China highlighted a weak construction sector.



Aluminum price pulls back on concern about Chinese construction demand

BHP is not alone in believing that the world faces a mighty copper and nickel supply challenge to meet the net-zero by 2050 decarbonisation imperative, writes Barry FitzGerald.



BHP forgets to mention its 'take-off' case for copper in spurned OZ tilt

A modicum of buying of lithium stocks including Global Lithium after it reported encouraging exploration results near Kalgoorlie. Aside from it though the buying was mainly concentrated on some of the more advanced names in the space such as Lake, Argosy and Core.



Lithium stocks see a modicum of buying

Indonesia has been looking to attract investments from Tesla and boost domestic development of electric vehicles and batteries.



Tesla signs $5bn nickel products supply contracts with Indonesian firms

Across the United States, local wind and solar jobs can fully replace the coal-plant jobs that will be lost as the nation's power-generation system moves away from fossil fuels in the coming decades, according to a new University of Michigan study.

Tech Xplore

Local renewable energy employment can fully replace US coal jobs nationwide

Nikola is getting a new CEO and Elon Musk says the long-delayed Tesla Semi will roll out this year amid an expected uptick in demand for non-polluting commercial vehicles.

Nikola And Tesla’s Electric Truck Rivalry Heats Up

A minuscule gold pin is one of the few materials able to withstand the highly-erosive individual oxygen atoms prevailing at the top of the atmosphere.

Tiny pure-gold pin is ‘pulsing heart’ of European space mission

Out of 105 companies that own lithium projects, only 18 have more than one, Fitch notes.

Small presence of mining majors poses risks to execution of planned lithium projects — report

Low copper stocks in LME registered warehouses are also supporting prices.

Copper price up as Chinese imports rise

The Canadian miner now expects to produce 430,000 to 460,000 ounces of gold, from a previous guidance of between 405,000 and 445,000 ounces.

Lundin Gold raises production forecast for the year

Barrick Gold Corp. boss Mark Bristow is sticking with his cost guidance for now, despite inflationary headwinds at mines around the world, but said the idea that industry costs have peaked is “wishful thinking.”



Barrick Gold Boss Tells Mines to Brace for More Inflation

Thousands are lured to the Kédougou region by dreams of riches hidden underground. Fortunes rarely materialise, but still the pickaxes fall, night and day



‘It’s never enough’: the Senegal goldminers surviving from one nugget to the next

In the wake of a Street-beating earnings report, Barrick Gold CEO Mark Bristow said global supplies of copper are currently not enough to keep up with rising long-term demand, especially with an aggressive plan to build out clean energy infrastructure, which require a lot of the industrial metal.



Seeking Alpha

Barrick Gold CEO: Not enough global supply of copper for ambitious clean energy plans

With uranium back in the spotlight, and Canada’s Athabasca Basin proving to be a fertile hunting ground for the likes of 92 Energy and NexGen Energy, Terra Uranium feels the time is right to brave the capital markets asking for up to A$7.5 million.



Terra seeking to supercharge Athabasca uranium search

Investment bank Jefferies has heralded the start of big merger and acquisition activity in the mining space following BHP’s A$8.4 billion proposed offer for OZ Minerals.



'M&A in mining has finally begun': Jefferies

Environmentalists had cited these events to lobby against the coal mining projects in Australia and foreign banks had stopped financing these projects


Mining projects may attract bank financing as Great Barrier Reef recovers

Although global coal consumption plunged in 2020, last year saw a significant rebound in the coal sector.

Global Coal Consumption Surged In 2021

The investment from the Ontario Teachers’ Pension Plan Board will be used to move the copper project towards commercial production.

Foran Mining to receive $155m for McIlvenna Bay copper project

The Canadian miner posted adjusted earnings of C$1.7 million for the three months ended June 30, a 96% drop from Q2 2021.

Lower grades at Gibraltar mine dent Taseko Mines results

The world depends on vast skeins of copper wire in its faltering transition away from hydrocarbons. Curiously, there are precious few dedicated miners of the red metal. Even fewer operate in politically stable countries. Oz Minerals of Australia is one. Cue an A$8.4bn ($5.8bn) cash bid from BHP.


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