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The Story of Idar-Oberstein (Gemporia.com – September 12, 2019)

https://www.gemporia.com/en-gb/

Idar-Oberstein is a German town located in the west of the country just 45 miles from the border with Luxembourg, and 80 miles west of Frankfurt. As the crow flies, it is just under 450 miles away from our TV studios in the Midlands.

You might not have heard of it before, but it’s an incredibly important place for the gemstone cutting industry, and it has been held in high regard for hundreds of years. Here, we delve into the history and significance of the town and learn how a small area of Germany came to have such a significant impact on the gemstone world.

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In Ukraine, a potential arms-for-minerals deal inspires hope and skepticism – by Samya Kullab and Hanna Arhirova (Associated Press – February 16, 2025)

https://apnews.com/

KIROVOHRAD REGION, Ukraine (AP) — The mineral ilmenite is extracted from mounds of sand deep in the earth and refined using a method that summons the force of gravity, resulting in a substance that glimmers like a moonlit sky.

Ukraine boasts vast reserves of ilmenite — a key element used to produce titanium — in the heavy mineral sands that stretch for miles along the country’s embattled east. Much of it, as with all of Ukraine’s critical minerals industry, is underdeveloped because of war as well as onerous state policies.

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[Critical Minerals] Ukraine’s Best Hope for Creating Lasting Security – by Oleksandr Kubrakov (Time Magazine – February 13, 2025)

https://time.com/

U.S. access to Ukraine’s vast and largely untapped rare earths and other critical minerals in exchange for a “security shield” is the latest twist in the potential peace plan for the war in Ukraine. And it is picking up steam with U.S. Treasury Secretary Scott Bessent in Kyiv and President Donald Trump stunning Europe by revealing he has already begun talks with Vladimir Putin.

But while U.S. investment in this underdeveloped sector would be an important positive development for both Ukraine’s economy and immediate security, it’s only one element in an absent economic strategy that Ukraine needs to create a lasting security guarantee from future Russian aggression.

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Uranium ban repeal in Greenland could revive massive rare earth project, licence holder says – by Jacob Gronholt-Pedersen (Reuters – February 11, 2025)

https://www.reuters.com/

NUUK, Greenland – The mining company that owns the licence to Greenland’s Kvanefjeld deposit is hopeful that a new government will repeal a ban on uranium mining after next month’s election, potentially rejuvenating one of the world’s largest rare earth projects.

U.S President Donald Trump last month voiced renewed interest in acquiring the strategically important Arctic island. In response to Trump’s comments, CEO Daniel Mamadou of Kvanefjeld licence holder Energy Transition Minerals said: “I think it certainly puts everything related to minerals back on the map.”

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Ukraine reels in Trump with mineral riches – by Zoya Sheftalovich, Veronika Melkozerova and Jamie Dettmer (Politico Europe – February 4, 2025)

https://www.politico.eu/

The U.S. president’s relentless pursuit of raw materials is storing up trouble for Greenland, but could well be good news for Ukraine.

After years of arguing its democracy is worth fighting for, Ukraine quickly calculated Donald Trump was likelier to think the country is worth saving because of its abundant mineral wealth.

To win over a United States president who wants to claim Greenland for its vast reserves of raw materials and strategic position in the Arctic, Kyiv has for months been stressing that its rich deposits of everything from titanium to graphite could help Trump beat China in the global race for resources.

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Greenland caught in resource power struggle – by A.J. Roan (North of 60 Mining News – February 7, 2025)

https://www.miningnewsnorth.com/

Global powers vie for vast mineral wealth of Greenland, caught in the crossfire of Western resource independence, Arctic security.

Far from the halls of Washington and Copenhagen, where political posturing has placed it unwittingly at the center of an escalating dispute over its resource potential, Greenland sits on a wealth of untapped resources critical to the world’s technological and strategic future.

Long enduring as a land of resilient communities and Arctic majesty, the island has become the focus of global powers vying for control over rare earths, graphite, and other minerals and metals essential to clean energy, defense, and industry.

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Trump’s Greenland Obsession May Be About Extracting Metals for Tech Billionaires – by Lucas Ropek (Gizmodo.com – January 30, 2025)

https://gizmodo.com/

The great battle for Greenland is probably all about resources to make apps like ChatGPT better.

Our new president’s obsession with buying Greenland has inspired jeers, laughs, and jokes about the cost of eggs, but more and more, the attempted procurement looks less like a joke and more like a big handout for the tech companies that backed him during the election. Multiple new reports show that some of Donald Trump’s most prominent financial benefactors have long been pursuing financial opportunities in the Arctic nation.

The Lever reports on the activities of KoBold Metals, a startup that is actively engaged in mining Greenland for raw materials that can be used to build AI products. KoBold, which is based in Berkeley, California, and uses AI to hunt for metals like cobalt, lithium, copper, and nickel, is basically the property of the tech industry’s most powerful executives.

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‘The Region Will Die’: Ukraine’s Donbas Mines Within Russia’s Grasp (Kyiv Post – January 30, 2025)

https://www.kyivpost.com/

Russia’s army is around six kilometres (four miles) from the centre of Pokrovsk, a formerly thriving mining hub on top of Ukraine’s largest coal reserves.

Fighting desperately to cling on to coal mines that were once the lifeblood of its industrial east, Ukraine’s soldiers conceded they were struggling against intensifying Russian attacks. “There’s only so much we can do. No matter what super warriors are fighting in our ranks, the Russians outnumber us. It hurts,” said the chief sergeant of Ukraine’s 59th brigade, deployed in the Donetsk region, who goes by the call sign “San Sanych”.

Russia’s army is around six kilometres (four miles) from the centre of Pokrovsk, a formerly thriving mining hub on top of Ukraine’s largest coal reserves. The capture of the city and surrounding mines — some of which are even closer to Russian positions — would be a painful blow to Ukraine’s army, local communities and the national economy, compounding months of setbacks on the front.

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Inside the race for Greenland’s mineral wealth – by Adrienne Murray (BBC.com – January 26, 2025)

https://www.bbc.com/

President Donald Trump has said he thinks the US will gain control of Greenland, underlining his persistent claim on the Arctic island, on one occasion pointing to “economic security” as the reason. While the autonomous Danish territory has been quick to say it isn’t for sale, its vast and mostly untapped mineral resources are in great demand.

Jagged grey peaks suddenly appear before us, as the motorboat navigates choppy coastal waters and dramatic fjords at Greenland’s southern tip.”Those very high pointy mountains, it’s basically a gold belt,” gestures Eldur Olafsson, the chief executive of mining company Amaroq Minerals.

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Invisible engravings, ethical diamonds: the technology that tracks stones from mine to market (Euro News – January 2025)

https://www.euronews.com/

International laws prohibit the trade of diamonds from countries in conflict, but for now, it is impossible to be certain of the origin of the precious stones. A Polish laboratory has found the solution.

Could the diamond in your engagement ring come from a country in conflict, like Russia? Not legally, and there is now a technology developed by a European project in Poland that could prevent it from happening illegally in the future.

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Russia Targets Ukraine’s Key Lithium Reserves – by Wojtek Grojeck and Kian Sharifi (Radio Free Europe – January 2025)

https://www.rferl.org/

Russia has captured two of Ukraine’s four lithium deposits since it launched its all-out invasion in 2022, potentially depriving Kyiv of a key economic resource.

On January 11, Russia claimed to have seized control of Shevchenko, a rural settlement in Ukraine’s eastern Donetsk region. The settlement sits on top of one of Ukraine’s biggest lithium deposits.

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Opinion: Instead of joining the U.S., Greenland should join Canada in an economic union – by Bart Edes (Globe and Mail – Janaury 13, 2025)

https://www.theglobeandmail.com/

Bart Édes is a professor of practice at the Institute for the Study of International Development, McGill University, and a distinguished fellow at the Asia Pacific Foundation of Canada. He is the author of Learning from Tomorrow: Using Strategic Foresight to Prepare for the Next Big Disruption.

U.S. president-elect Donald Trump is apparently in an expansionist mood. Coercing Canada to become part of the United States through “economic force” is not the only such threat he has made. Mr. Trump has also revived his idea of taking over the self-governing Danish territory of Greenland, which during his first term he had mused about buying. On Jan. 7, Donald Trump Jr. travelled to Nuuk, Greenland’s capital, to bring attention to his father’s expressed wish to take over the world’s largest island.

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Norilsk Nickel plans to sell all it produces in 2025 – by Anastasia Lyrchikova (Kitco/Reuters – December 13, 2024)

https://www.kitco.com/

Russia’s Nornickel, the world’s largest producer of palladium and a major producer of refined nickel, on Friday said it plans to sell everything it produces in 2025, despite challenging conditions in the metals markets.

Nornickel is not subject to direct Western sanctions, though restrictions against Moscow have prompted some Western companies to avoid buying Russian metal and complicated payment flows, leading Nornickel to redirect sales to Asia.

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Lundin sells European mines for up to US$1.52-billion to fund South American copper ambitions – by Niall McGee (Globe and Mail – December 10, 2024)

https://www.theglobeandmail.com/

Lundin Mining Corp. is selling two aging European mines for up to US$1.52-billion to Swedish mining company Boliden AB as it improves its balance sheet and raises cash to fund its South American copper growth strategy.

Vancouver-based Lundin is set to receive US$1.37-billion in cash when the deal closes, with an additional US$150-million to come if copper and zinc prices trade above certain levels over the next couple of years.

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Norway forced to pause Arctic seabed mining plans – by Cecilia Jamasmie (Mining.com – December 2, 2024)

https://www.mining.com/

Norway has paused its controversial plans to mine the seabed in Arctic-reaching territorial waters after the Socialist Left Party (SV), a small left-wing environmentalist group, secured an agreement to delay the initiative in exchange for supporting the national budget.

The government had intended to issue its first deep-sea mining exploration licenses in early 2025. Under pressure from the SV, preparatory work has been now slowed, with the government highlighting that it would continue work on environmental impact assessments and regulatory frameworks.

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