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

Serbian politicians on Friday blasted environmentalists for forcing them to scuttle Rio Tinto Plc's (RIO.AX), (RIO.L) proposed $2.4 billion lithium project, warning the move could hurt efforts to grow and diversify the Balkan country's economy.

Reuters

Serbian government blasts green groups for scuttling Rio's lithium project

Morrison government hails engineering milestone but researchers raise concerns and say it could increase emissionsGet our free news app; get our morning email briefingAustralia will export its first load of liquefied hydrogen made from coal in an engineering milestone which researchers say could also lock in a new fossil fuel industry and increase the country’s carbon emissions. Under the $500m Hydrogen Energy Supply Chain (HESC) pilot project, hydrogen will be made in Victoria’s LaTrobe valley from brown coal and transported aboard a purpose-built ship to Japan, where it will be burned in coal-fired power plants. Sign up to receive an email with the top stories from Guardian Australia every morning 

The Guardian

‘Just a new fossil fuel industry’: Australia to send first shipment of liquefied hydrogen to Japan

Barrick’s Kibali pays US$200 million in 2021 distributions.

Mining.com

Kibali achieves 2021 guidance; set for third year of net DRC gold reserve growth

These are the first results at Bigstone since the company's initial and limited drilling campaign in 2015.

Foran Mining reports high-grade intersections from drilling at Bigstone

Barren hillsides broken up by thin strips of white snow are a familiar sight for regular visitors to ski resorts near Beijing. The 2022 Winter Olympics host, which is under 150 miles from the rapidly expanding Gobi Desert, is famous for cold and dry winters.

The Washington Post

In parched Beijing, claims of a 'green' Olympics may not hold water

The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and electric vehicle companies like Rivian and Lucid are rolling new models off the line.

CNBC

Why The U.S. Has A Massive Lithium Supply Problem

China stepped up its monetary easing efforts to prop up a slowing economy this week by lowering a set of key policy rates and lending benchmarks.

Iron ore price highest in four months on  China stimulus

The $1.4bn Andina Transfer project turned the underground operation into an open pit mine located 3,500 metres above sea level, which holds 30% of Chile’s copper reserves.

Codelco adds 30 years to Andina copper mine

Kumtor is said to be tax compliant under Kyrgyz law for the first time.

Kumtor exceeds 2021 gold output guidance under nationalized management

Out of the 1,502 M&#038;A deals that were announced in the sector during 2021, BMO Capital Market advised on 19 of those deals with a total value of $20.5 billion.

BMO Capital Markets ranked top mining M&A adviser of 2021 – report

The decision to now surrender all of its remaining claims recognizes the challenges of obtaining mineral exploration and development permits in the area.

Imperial Metals surrenders Giant Copper project to British Columbia government

Concerns about spare capacity are valid, but often involve a misunderstanding of capacity estimates—and the potential for them to increase.

Forbes

Oil Production Capacity For Dummies

Gold has mostly held above $1,800/oz in January, after recording its first annual loss in three years.

Gold price hits highest since November on falling bond yields, dollar

Metal led gains among industrial metals as China vows to use more monetary policy tools to spur the economy.

Iron ore price back above $130 as China pledges support

“Our employees are passionate about sustainability and this recognition is the direct result of their hard work and dedication."

Teck named to 2022 Global 100 Most Sustainable Corporations list

The Chinese central bank cut its policy interest rate for the first time in almost two years, signaling the beginning of an easing cycle.

Copper price rises on stimulus hopes in China

Skeena Resources (TSX: SKE; NYSE: SKE) has discovered what it says is a significant near-surface, footwall-style zone of mineralization, the 23 zone, [&#8230;]

Skeena drills new precious metals zone at Eskay Creek

Accelerating demand for electrical storage has generated a wave of large-scale ‘gigafactory’ projects

Financial Times

Investors jumpstart battery funding to plug clean energy gap

China will tell coal producers to maintain normal production during the Lunar New Year holiday that starts at the end of this month, an official with the National Development and Reform Commission said on Tuesday.

China tells coal producers to maintain output over Lunar New Year

Supply chain resilience and meeting environmental targets top many business agendas

Industry steels itself for challenge of ‘net zero’ manufacturing

In this sleepy Wyoming town that has relied on coal for over a century, a company founded by the man who revolutionized personal computing is launching an ambitious project to counter climate change: A nationwide reboot of nuclear energy technology.

Tech Xplore

In tiny Wyoming town, Bill Gates bets big on nuclear power

A second potential buyer has emerged for Harte Gold&#160;(TSX: HRT), with an auction that will determine the winner of the distressed company’s&#160;assets [&#8230;]

Harte Gold’s Sugar Zone mine attracts second bidder

Alamos Gold may be considered an intermediate company, but it has shown itself to be a growing player in the precious metals sector, delivering consistent positive results.

Video Interview: Alamos Gold reflects on Island Gold exploration success

The Bermingham deposit now contains 43% more silver then earlier estimates.

Alexco expands Bermingham indicated resource 43% to 47moz silver

Erin O’Toole has asked the government to conduct a national security review of the proposed takeover of Canada’s Neo Lithium by China’s Zijin Mining.

Canadian Conservative party leader calls for security review of Chinese takeover of Neo Lithium

The Canadian miner has reached a deal with the country's government to increase royalty payments from its flagship Cobre Panama copper mine.

First Quantum agrees to pay $375m a year in royalties to Panama

Wheaton will provide a total of $180.5 million under terms of a metals streaming deal, and Trafigura will provide $55 million under terms of an offtake financing agreement.

Adventus, Salazar secure $235.5 million to advance Curipamba copper project

Kirkland Lake Gold (TSX:  KL; NYSE: KL; ASX: KLA) ended its final quarter before its combination with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) on a high note [&#8230;]

Kirkland Lake hits production record ahead of merger with Agnico

The company is purchasing the Lac des Iles mine and mill in Quebec and all the outstanding shares of Imerys Group.

Northern Graphite buying two mines, to be third largest producer outside China

South32 says it is designing Taylor to be its "next generation mine."

South32’s PFS for Taylor supports ‘multi-decade’ critical metals operation in Arizona

The Challhuahuacho community signed a memorandum of understanding committing to avoid blockades on the Southern Mining Corridor.

One community in southern Peru says it won’t disrupt Las Bambas operations

A bipartisan piece of legislation introduced in the U.S. Senate on Friday would force defense contractors to stop buying rare earths from China by 2026 and use the Pentagon to create a permanent stockpile of the strategic minerals.

U.S. bill would block defense contractors from using Chinese rare earths

A Chilean appeals court on Friday suspended a million-dollar state lithium tender issued two days earlier that had generated controversy for coming just two months before the end of conservative President Sebastian Pinera's term.

Chile court freezes multi-million dollar lithium deal

Executives react with dismay and believe ministers more focused on helping out households

UK heavy industry unlikely to get government help with high energy prices

A new battery technology could provide a cleaner and cheaper alternative to the toxic chemicals widely used in energy storage devices.

Research focuses on greener alternative to conventional batteries

China’s iron ore imports dropped in 2021, down 4.3% from the previous year’s record annual high, as steel production curbs dented demand.

Iron ore price drops on demand uncertainties

Nickel has joined a wider rally across commodity markets, climbing to its highest level in a decade as stockpiles dwindle and major car producers ramp up production of electric vehicles

Nickel hits 10-year high as electric vehicle production ramps up

The importance of critical minerals to the energy transition and future economic growth is undeniable. Amidst the rising social and environmental costs of mining, less scrupulous countries like Russia and China are capitalizing on soaring demand.

China And Russia Make Critical Mineral Grabs in Africa While the U.S. Snoozes

Dr. Tim Gerhardt shares executive responsibilities with Kai Friedrich for the construction equipment product segment in Newport, VA.

Liebherr appoints new managing director, US operations

"Gold's performance is in a way slightly disappointing, bearing in mind the pretty seismic collapse in the US dollar,"  an analyst said.

Gold price dips with Fed on course to hike rates in March

Equinox Gold (TSX: EQX; NYSE: EQX) produced a record amount of gold – 602,100 oz. – in 2021, easily meeting guidance and [&#8230;]

Equinox Gold meets guidance with 602,100 oz in 2021

The government has been criticised for apparent inaction as evidence mounts that mercury contamination is causing illness in fishing communities. Outside a small brick house shared by four families, Daniela Prada, who is heavily pregnant, gathers guava leaves to make a tea for her two-year-old son. “My baby gets sick a lot,” she says, boiling a pot of water in her outdoor kitchen. “He always has diarrhoea and last night he had a fever. Most of the time I give him natural medicine.”. . In an identical house nearby, town leader Oscar Lurici says fevers are a part of life in Eyiyo Quibo village on the Beni River in northern Bolivia. People of all ages suffer from debilitating head and body aches, bouts of vomiting and diarrhoea, memory loss and tiredness. Some children show signs of cognitive development delays. 

‘Babies here are born sick’: are Bolivia’s gold mines poisoning its indigenous people?

According to IDTechEx, electrification is inevitable as is the EV industry’s focus on environmentally friendlier materials and supply chains, and safer products.

EV industry moving in right direction to close gap with internal combustion engines – report

Toronto-based Bedford Group/TRANSEARCH has released its 2021 report on executive and board compensation in the mining industry. The firm collected data from [&#8230;]

Beford report lists mining’s top paid executives and directors

Galleon Gold (TSXV: GGO) has delivered its first preliminary economic assessment (PEA), including an updated resource estimate, for its West Cache gold [&#8230;]

Galleon Gold delivers first West Cache PEA with $150M capex

Highland Valley Copper is the largest open-pit copper mine in Canada, and it has been operational since 1962.

Workers at Teck’s Highland Valley mine threaten to strike

"This is one of the longest, highest-grade silver intercepts seen globally in a long time," FIlo's CEO commented.

Filo Mining intersects high silver grade of 1,214 g/t, stock surges

The use of renewable energy systems, such as solar panels, wind turbines, electric cars and hydrogen fuel cells, will minimize greenhouse gas emissions and reduce global warming. But use of these systems has to increase—and they require a lot of metal.

It's not necessary to trash the environment to extract metals needed for renewable energy

Annual silver production exceeded guidance by 3%, while gold production was in line with the upper range of guidance.

Endeavour Silver beats 2021 production guidance, shares up

The Philippines' energy secretary Alfonso Cusi has appealed to Indonesia to lift its coal export ban, saying the policy will be detrimental to economies heavily reliant on the fuel for power generation, Manila's Department of Energy said on Monday.

Philippines urges Indonesia to lift coal export ban

Mining | Policy & Regulation

After declining in 2020, the combined production of U.S. fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 quadrillion British thermal units. Based on forecasts in our latest Short-Term Energy Outlook (STEO), we expect U.S. fossil fuel production to continue rising in both 2022 and 2023, surpassing production in 2019, to reach a new record in 2023.

EIA expects U.S. fossil fuel production to reach new highs in 2023

Peloton’s stock may have rebounded Friday, but it still has a long way to go to recover.

Pandemic Darling No More: Peloton’s Dramatic Crash In 4 Charts

"There is strong anticipation that steel production will resume in the medium term," SinoSteel Futures analysts said.

Iron ore price posts third weekly gain on strong demand hopes

Australian giant now owns the Brucejack mine, one of the highest-grade operating gold mines in the world.

Newcrest expands footprint in Canada with Pretium buy

The NEBC Lithium - Formation Water Database is a project that will assess concentrations of lithium in brines in British Columbia’s formations by sampling natural gas and oil wells.

Three organizations partner to explore viability of lithium extraction in British Columbia

The downgrade comes a day after shares tanked 8%.

​​Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An EV Stock, Jefferies Says

Metso Outotec is taking the next structural development steps in its business portfolio, following the completed integration of its Minerals business and [&#8230;]

Metso Outotec to start next phase of development of its metals business

Energy Trend

PV Industry Price Trend: Revitalized Demand Supports Inflation for Modules and Various Upstream Segments

Teck Resources is the latest company to explore the use of blockchain technology to track material through the supply chain, from production to final product.

Teck teams up with DLT Labs on blockchain initiative to trace germanium

Australia’s Terra Uranium has signed a deal to earn up to an 80% interest in CanAlaska's Waterbury East and McTavish projects.

Terra, CanAlaska sign deal for two uranium projects in Saskatchewan

Management appointments announced this week include: Michael Parker was named COO at Aftermath Silver. Canterra Minerals named Copper Quinn as interim president [&#8230;]

Mining People: Canterra, Defense Metals, First Majestic, MacDonald Mines, Mountain Province, Nighthawk, Stratabound

The company’s dual-listed structure, set to end on Jan. 31, comprised BHP Ltd listed in Sydney and BHP Plc listed in London.

BHP to delist from London exchange as unification approved

The company, which saw 2021 copper production drop by 1.7% to 721,500 tonnes, anticipates churning out 660,000 to 690,000 tonnes this year.

Antofagasta says Chile water shortage to hit 2022 production

Since the start of 2022, rhodium prices have pushed up sharply, reaching their highest since September 2021.

Rhodium price on the march again as demand from auto sector rises

The $2.8-billion acquisition is likely to get approved on Thursday, boosting the Australian miner's presence in the Americas.

Newcrest closes in on Pretium as shareholders vote looms

Copper in soil and seawater acts as a catalyst to turn organic matter into methyl bromide and methyl chloride, two halocarbon compounds that destroy ozone.

Copper plays a role in ozone depletion – research

David Saggau, the chief executive of an energy cooperative, tried to explain the losing economics of running a coal-fired power plant to a North Dakota industry group more than a year ago.



How coal holds on in America

The Kingdom of Saudi Arabia could usurp China's current dominant position in the processing and fabricating of metals that are actually mined elsewhere.

The View from England: Arabian call to action

Warintza South is the fourth major copper discovery within the 7 km x 5 km porphyry cluster on the Warintza property.

Solaris Resources shares rise on new copper discovery in Ecuador

Based on high-grades returned by definition drilling at its mine near Red Lake, Ont., Pure Gold Mining (TSXV: PGM; LSE: PUR) anticipates [&#8230;]

Pure Gold says definition drilling confirms high grades in upcoming stopes

Magna Mining has an enormous nickel-copper opportunity in the storied Sudbury Mining Basin in Ontario, Canada.

Video interview: Magna Mining on its Shakespeare project’s Ni-Cu opportunity

The miner expects to produce its first gold from the Beatty district in Nevada, where it added several assets, in the next three years.

AngloGold closer to production in Nevada with Corvus takeover

The PDAC 2022 Convention will take place in person at the Metro Toronto Convention Centre from June 13-15 and online from June 28-29.

PDAC 2022 convention rescheduled to June

The Future Minerals Forum recently heard Saudi Arabia is looking to invest its massive capital potential to not only develop its industry, from exploration to downstream battery metal processing.

Key insights from the inaugural Future Minerals Forum in Riyadh

Around 50 steelmakers have announced maintenance plans near the coming Lunar New Year holidays.

Iron ore price recovers despite economic weakness in China

Researchers found strange metal behaviour in a material in which electrical charge is not carried by electrons.

Newly discovered ‘strange metal’ could be key to lossless power grids, quantum computers

Company added 3 million ounces of measured and indicated resources and 900,000 ounces of inferred resources across its flagship assets.

Endeavour achieves record annual discoveries, adding 3moz in M&I resources

The world's largest diamond miner by value said to have hiked prices by about 8% for big stones and 20% for small ones at latest sale.

De Beers makes diamond buyers cough up with fresh price rise

Mining | Finance

Deal gives Silver Lake ownership of the Sugar Zone gold mine in Ontario, Canada, which has been in commercial production since 2019.

Silver Lake Resources grabs troubled Harte Gold

Mining People: American CuMo, FPX Nickel, Iamgold, Nouveau Monde, Western Copper and Gold

Unions have been cleared to give the company notice of a strike following failed wages talks for gold mine workers.

Sibanye-Stillwater faces strike at S. African gold mines

The project is expected to produce over 1 million gold-equivalent oz. over a 10.4-year mine life, mining 37.8 million tonnes of mineralized material.

GoldMining releases PEA for La Mina in Colombia

Gov't expects $25bn in investments related to 34 projects currently at an advanced exploration stage, as deadline to restructure billions in debt to the IMF looms.

Argentina seeks $10 billion in mining exports by 2030

The chief executive of Barrick Gold (ABX.TO) said on Wednesday he expects solid demand for metals in the long-term, but cautioned copper will face supply constraints.


Barrick Gold CEO says demand for metals will remain solid

The gold miner, which gave no reason for its CEO’s departure, said COO Daniella Dimitrov would serve as chief executive on an interim basis.

Iamgold in search of new CEO as Stothart leaves

The company, which expected between 380,000 and 420,000 ounces of gold for the year, produced 428,514 gold ounces at its Ecuador mine.

Lundin Gold beats 2021 production targets at Fruta del Norte

Osisko has released the updated resource estimate for its Windfall gold project that puts 3.2 million oz. in the indicated category plus 3.6 million oz. in the inferred category.

Osisko Mining’s Windfall resources hit 6.8 million oz gold

Company s about to pour first gold at its Omagh mine, with production set to start at the end of the current quarter.

Galantas Gold to kick off operations at Northern Ireland mine

Higher gasoline prices will continue to be a thorn in the side of U.S. consumers in the first half of the new year, as global oil markets struggle with tight supply and continued uncertainty around demand and pandemic shutdowns.

Drivers Should Prepare For Higher Prices At The Pump In 2022

The 61 zone’s drill highlights included 0.50 metres grading 2571.53 grams silver per tonne and 0.01% cobalt.

Canada Silver Cobalt Works releases new drill results from Castle project in Ontario

The device is known as a photoelectrochemical cell and it is made of copper oxide or cuprous oxide, a promising artificial photosynthesis material.

Copper-based artificial photosynthesis device advances research into solar fuels

Ewan Downie has increased his ownership in the company to approximately 5 million common shares or 2.09%.

i-80 Gold CEO boosts share ownership

Inferred resources as calculated last August are 10.9 million tonnes grading 2.5 g/t gold and 443 ppm cobalt.

Mawson receives key decisions for Rajapalot gold-cobalt project in Finland

Indicated resources are 10.6 million tonnes grading 2.32 g/t gold and 11.43 g/t silver for 791,000 oz gold and 3.9 million oz silver.

Westhaven posts initial 1moz open-pit gold resource for Shovelnose

Six of the top 10 drill intersections reported by TSX and ASX listed mining companies were at projects located in Canada.

Mining 2021: Top 10 drill holes of the year

Peru’s Ministry of Energy and Mines said regional and local governments saw a 60% increase in mining tax revenues in 2021.

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