Industry News

Asteroid mining, once a far-fetched idea relegated to the realms of science fiction, is now hurtling towards reality. Technological advancements and developments in space exploration have transformed asteroids from mere cosmic debris into potential t

Hecla Mining stands at a crossroads, a pivotal moment where the company’s legacy meets the demands of a rapidly evolving market. Under the leadership of CEO Rob Krcmarov, Hecla is not just maintaining its status as a leader in silver production but a

The global mineral market, a colossus valued at $2,402 billion, is not just a financial powerhouse but the lifeblood of economic and industrial transformation. It’s a sector where the supply of minerals like lithium, cobalt, and copper is not just a

In the heart of Brazil’s Jequitinhonha Valley, affectionately known as “Lithium Valley,” a new chapter in the global electric vehicle (EV) saga is unfolding. BYD, China’s electric car behemoth, has secured mining rights in this mineral-rich region, m

The Society for Mining, Metallurgy & Exploration (SME) has just announced a significant milestone for the mining industry, selecting Eriez to receive the 2024 Robert E. Murray Innovation Award. This isn’t just another accolade; it’s a recognition tha

The tech sector’s recent volatility has sent shockwaves through investment circles, with high-risk stocks like D-Wave Quantum experiencing a dramatic fall. After a meteoric rise of 1,056%, D-Wave’s shares have plummeted by 40%, exposing the fragility

St. George Mining’s recent advancement in securing financing for its Araxá niobium-rare earths project in Brazil’s Minas Gerais state is a significant development that could reshape the global niobium market. The Australia-listed exploration firm has

Cummins Inc. has boldly stepped into the mining industry’s future with its acquisition of key assets from First Mode LLC. This move, valued at $15 million, is more than just a business transaction; it’s a strategic play that could reshape the sector’

Cummins Inc has made a bold move in its decarbonization strategy, acquiring key assets from First Mode, a trailblazer in retrofit hybrid solutions for mining and rail. This acquisition, finalized on February 11, encompasses First Mode’s hybrid mining

In a significant boost to Canada’s critical minerals sector, Montreal-based St-Georges Eco-Mining has secured a substantial $3,657,545 contribution from Natural Resources Canada’s critical minerals research, development, and demonstration Program (CM