Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Copper Mines Need $332 Billion New Investment to Ease Shortfall
Copper mines need about $332 billion of new investment to avert a future supply shock, according to Bloomberg New Energy Finance estimates. Without significant capital outlays, the copper market faces a projected supply shortfall of 20 million…
Interior will hold first offshore mining lease sale
The Trump administration is officially moving ahead with a decision to lease ocean tracts off the coast of American Samoa for deep-sea mining. © Fili Sagapolutele, Associated Press file The decision, announced Monday, would represent the first…
Copper Boom Belies a Deepening 'Mining Recession' in Top Producer
Chile's aging copper mines have been battered by deadly accidents, extreme weather and operational missteps, raising questions over how quickly the world's biggest producer can recover from its lowest output in more than two decades. At least seven…
Sherritt Says It Won US Fuel License in Push to Rescue Cuba Mine
Sherritt International Corp. said it received a rare US government license allowing it to ship fuel and sulfur to its Cuban nickel operations, a crucial step toward restarting production and securing a financial rescue. The authorization from the…
Up to 20 dead' in mine collapse as rescuers try to free people buried alive
Between nine and 20 people have reportedly died and around 30 people are thought to be trapped after a horror mine collapse in Colombia, local media report. Authorities have warned that the number of victims could increase. Neither figure has been…
The New Wild West of Gold Mining Is West Africa
Two Tankers On Fire Off Oman As IRGC Boasts Of Naval Mine Warfare
On Tuesday the UK Maritime Operations Centre has reported a new incident around 121 nautical miles east of the Omani coast. The UKMTO announced the vessel was 'subject to interaction as part of ongoing military activity in the region' at around…
Former coal mine chosen for A$12 billion NSW train manufacturing push
A former coal mine in the Hunter region is set to become the centrepiece of New South Wales' A$12 billion plan to rebuild domestic train manufacturing. The NSW Government has selected the former Teralba coal mine site at Lake Macquarie as its…
CME Plans Tungsten Futures as China Produced an Estimated 79% of 2025 Mine Output
CME Group plans to introduce tungsten futures in early 2027, offering industrial users a price hedge as U.S. Geological Survey (USGS) estimates show China dominated global mine output in 2025. USGS estimated that mines worldwide produced about…
Australia Details Ghost Shark's 12-Mine Capacity Ahead of AUKUS Exercise
Australia outlined new payloads for its Ghost Shark underwater vehicle on Oct. 19, including the capacity to deploy 12 sea mines, as it prepares for an exercise with its AUKUS partners. Defence Industry Minister Pat Conroy said one Ghost Shark…
Volvo Group Plans 2027 Mining Unit to Offer Trucks and Equipment Together
Volvo Group plans to launch Volvo Mining in 2027 to offer trucks, construction equipment and autonomous transport solutions together, targeting mine operators seeking to coordinate equipment across their sites. Volvo Mining will operate within…
Cornish Metals kickstarts share sale to reopen historic tin mine
A Cornish mining company is seeking to raise £135m in an attempt to finance the reopening of the historic South Crofty tin mine and end the UK's reliance on foreign imports. Cornish Metals, which is backed by the National Wealth fund, is…
Why were voices like mine left out of the investigation?' - John Degenkolb hits back at Picnic-PostNL criticism
Former Paris-Roubaix winner John Degenkolb took to Instagram on Monday to rebut allegations that his team, Picnic-PostNL, operates in a 'culture of fear' and an 'unsafe working situation' following a damning report by NOS Sport and De Waaier.
€3 billion in mining plans bring 5,000 jobs
New mines and expansions across Andalucia could bring thousands of jobs to the region, with major projects planned in Seville, Huelva, Cordoba and Granada. The developments represent almost 3 billion in proposed investment and around 5,000 direct…
Australian mining company wants to explore for gold in Golden Bay
An Australian mining company wants permission to explore for gold on conservation land in Golden Bay after its original bid for a mining permit was rejected. Siren Gold said the application for a five-year exploration permit - covering a…
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