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‘Sound science’ must guide deep-sea mining: top official (France 24 – March 13, 2025)

https://www.france24.com/en/

Tokyo (AFP) – Rules on deep-sea mining in international waters must be driven by “sound science” and built on consensus, the head of the body charged with regulating the divisive practice said Thursday.

Deep-sea mining in international waters involves taking minerals like nickel, cobalt and copper — crucial for renewable energy technology — from the sea floor.

But researchers and environmentalists have long warned it risks destroying habitats and species that are little understood, and could upset delicate processes in the ocean that affect climate change.

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Leonardo DiCaprio criticises Australian government for approving WA mine expansion – by Bridget McArthur (Australian Broadcasting Corporation – March 12, 2025)

https://www.abc.net.au/news/

Leonardo DiCaprio has thrown his support behind West Australian activists who are angry at the federal government for green-lighting a mine expansion in an area home to endangered species.

In February Environment Minister Tanya Plibersek gave approval to South32 to clear up to 3,855 hectares of native vegetation in WA’s Northern Jarrah Forests as part of a mine expansion near the town of Boddington.

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Rising Lab-Grown Popularity Drives Down Engagement-Ring Spending – by Leah Meirovich (Rapaport Magazine – March 13, 2025)

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US couples spent 5% less on engagement rings last year as lab-grown diamond center stones gained in popularity. Consumers who took part in a recent survey paid approximately $5,200 on average for their engagement rings in 2024, down from $5,500 the previous year, according to a report from wedding resource

The Knot. That figure also declined 10% from 2022 and 13% from 2021. The decrease came as for the first time, more than half of center stones purchased were lab-grown. The trend toward synthetics in engagement rings in 2024 grew 6% from a year ago and 40% from 2019, the survey found.

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US considers emergency powers to restart closed coal plants – by Ari Natter (Bloomberg News – March 10, 2025)

https://www.bloomberg.com/

The US is eyeing emergency authority to bring back coal-fired plants that have closed and stop others from shutting, Interior Secretary Doug Burgum said Monday.

“Under the national energy emergency, which President Trump has declared, we’ve got to keep every coal plant open,” Burgum told Bloomberg Television in an interview on the sidelines of the CERAWeek by S&P Global conference in Houston. “And if there had been units at a coal plant that have been shut down, we need to bring those back.”

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Dig, baby, dig: the global resources groups betting on a Trump mining revival – by Leslie Hook (Financial Times – March 12, 2025)

https://www.ft.com/

It takes 29 years to get approval for a new mine in the US but the industry is hoping that will change

Deep below the rolling hills near Superior in Arizona, a giant copper deposit lies more than a mile underground. It could be one of the first major mining projects to get the go-ahead as the Trump administration seeks to boost US domestic mineral output.

Since taking office in January, US President Donald Trump has focused on securing access to critical minerals around the world — from Greenland to Ukraine to the Democratic Republic of Congo.

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A $250M investment will help this lithium mine get up and running. That’s bad news for these tribes. – by Anita Hofschneider (Grist.org – March 13, 2025)

https://grist.org/

Tribes have tried and failed to stop the project in court. A new report says it violates Indigenous rights.

A Canadian mining company behind a massive new lithium mine in northern Nevada has received a $250 million investment to complete construction of the new mine — a project that aims to accelerate America’s shift from fossil fuel-powered cars but that has come under fierce criticism from neighboring tribal nations and watchdog groups for its proximity to a burial site.

Lithium Americas is developing the mine in an area known as Thacker Pass where it plans to unearth lithium carbonate that can be used to make batteries for electric vehicles. The area, known as Peehee Mu’huh in the Numu language of the Northern Paiute, is home to what could be the largest supply of lithium in the United States and is also a site that tribal citizens visit every year to honor dozens of Native men, women, and children who fled American soldiers in an 1865 unprovoked attack at dawn.

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What’s so special about Ukraine’s minerals? A geologist explains – by Munira Raji (The Conversation – March 10, 2025)

https://theconversation.com/

Ukraine’s minerals have become central to global geopolitics, with the US president, Donald Trump, seeking a deal with Ukraine’s president Volodymyr Zelensky to access them. But what are these minerals exactly and why are they so sought after? Ukraine is often recognised for its vast agricultural lands and industrial heritage, but beneath its surface lies one of the world’s most remarkable geological formations, the “Ukrainian Shield”.

This massive, exposed crystalline rock formed over 2.5 billion years ago, stretches across much of Ukraine. It represents one of Earth’s oldest and most stable continental blocks. The formation has undergone multiple episodes of mountain building, the formation and movement of magma and other change throughout time.

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BC mineral exploration continues to slide – by Shane Lasley (North of 60 Mining News – March 5, 2025)

https://www.miningnewsnorth.com/

Mining is a cornerstone of British Columbia’s economy – employing roughly 40,000 workers, paying C$1.1 billion ($760 million) in taxes, and contributing C$11.2 billion ($7.7 billion) to the province’s gross domestic product (GDP). However, the mineral exploration investments needed to advance the next generation of B.C. mines are on the decline.

Mineral exploration spending fell to $552 million in 2024. According to data collected by Ernst & Young for its annual British Columbia Mineral and Coal Exploration Survey, this marks the second consecutive year of declining mineral exploration.

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Dubai’s Meteoric Rise to Global Diamond Hub – by Avi Krawitz (Rapaport Magazine – February 18, 2025)

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The Emirati city’s central location and favorable business conditions have helped push it to prominence as a trading center.

Amid the frantic schedule of Dubai Diamond Week in November, executives of KGK Group casually welcomed visitors to their new diamond and jewelry office. Nestled on the 51st floor of Almas Tower, home of the Dubai Diamond Exchange (DDE), the 1,200-square-meter space has a spectacular view of the Jumeirah Lakes Towers district and the ever-rising Dubai skyline.

KGK, a Mumbai-based manufacturer, expanded its presence in Almas to accommodate the distribution of polished diamonds from its non-Indian manufacturing facilities. Its factories in Angola, Botswana, Namibia, and South Africa account for 50% to 60% of the company’s production, says vice chairman Sanjay Kothari.

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Exclusive: Trump seeks minerals refining on Pentagon bases to boost US output, sources say – by Ernest Scheyder and Jarrett Renshaw (Reuters – March 10, 2025)

https://www.reuters.com/

March 10 (Reuters) – U.S. President Donald Trump aims to build metals refining facilities on Pentagon military bases as part of his plan to boost domestic production of critical minerals and offset China’s control of the sector, two senior administration officials told Reuters.

The move is one of several planned for an executive order Trump could sign as soon as Wednesday after he told the U.S. Congress last week he would “take historic action to dramatically expand production of critical minerals and rare earths here in the USA.”

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Nickel miners dig up Indonesia’s Gebe Island despite Indigenous and legal opposition – by Jaya Barends (Mongabay.com – March 11, 2025)

Mongabay – Conservation News

GEBE ISLAND, Indonesia — Abdul Manan Magtiblo watched the excavator dump a piece of Gebe Island into the back of a truck. Barely a thicket remained on the buzz-cut upland above Umera village as the vehicle drove off to the nearby port.

“That’s the PT Bartra Putra Mulia [BPM] nickel mine,” Manan, the village chief, told Mongabay Indonesia. Locals like Manan say life has become harder since 2020, when the company began operating here on Gebe, a remote island of fewer than 6,000 people in the Halmahera Sea, on Indonesia’s Pacific rim.

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World’s biggest miners cut back on exploration investment – by Camilla Hodgson (Financial Times – March 9, 2025)

https://www.ft.com/

Reduction comes despite surge in spending on search for metals crucial to energy transition since 2020

The world’s biggest mining groups have cut back spending on exploration in the past two years as inflation, higher interest rates and lower commodity prices have stalled the market. That has come in spite of a flurry of spending this decade on the search for copper and lithium, metals crucial for the energy transition.

Total exploration spending fell for the second consecutive year in 2024, sliding 6 per cent to $12.5bn, after rising in the years following the pandemic, according to S&P Capital IQ. Yet investment in lithium exploration has risen every year since 2020, and had jumped 360 per cent to $1.1bn in 2024 compared with four years previously.

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Trump makes US copper mining a focus of his domestic minerals policy – by Mead Gruver (Associated Press/MSN.com – March 1, 2025)

https://www.msn.com/en-us/

CHEYENNE, Wyo. (AP) — President Donald Trump is taking a step toward granting the U.S. mining industry’s biggest wishes by singling out one metal as a focus of his domestic minerals policy: copper.

From talk of acquiring Greenland and its vast mineral wealth to prodding Ukraine for minerals in exchange for help fending off Russia’s invasion, Trump has made the raw materials of modern life a pillar of his foreign policy.

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A Hard Time for Gemfields in Mozambique – by Rachael Taylor (Rapaport Magazine – March 6, 2025)

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Regional violence and financial difficulties have beset the miner’s ruby operations in the African country. How will that affect supply?

On December 24 last year, the Montepuez Ruby Mining (MRM) operation in Mozambique — one of Gemfields’ most prized assets — was thrust into chaos. A violent confrontation erupted as more than 200 illegal ruby miners stormed the residential village next to the mine, which the company had built to house MRM workers.

The attackers set fire to buildings and attempted to invade the ruby deposit that Gemfields controls. They were met with force by security teams consisting of military and police positioned to protect Gemfields’ interests. This resulted in two of the invaders getting shot and killed at the mine site.

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Column: Massive Simandou mine can end Australia’s golden iron ore age, or start new one – by Clyde Russell (Reuters – February 25, 2025)

https://www.reuters.com/

The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that as its start up is set to rock the seaborne iron ore market.

The first cargoes from the project may arrive by the end of this year and it’s expected that it will ramp up to its full capacity of 120 million metric tons per annum fairly quickly. The four blocks of Simandou are impressive in their scale and infrastructure challenges, boasting a 620 kilometre (384 mile) rail line, a new port with dedicated trans-shipment vessels that will load bulk carriers offshore.

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