Mining

Chile's foreign minister promoted the country as a stable and competitive investment destination to the US Chamber of Commerce, highlighting the Choose Chile initiative aimed at attracting foreign investment in mining, energy, and technology sectors through lower corporate taxes and long-term tax benefits.

Iran condemned German Foreign Minister Johann Wadephul's accusation that Tehran mined the Strait of Hormuz. Iranian Foreign Ministry spokesman Esmail Baqai called the claim a 'grotesque distortion of reality' and accused Germany of participating in 'the crime of aggression' and war crimes against Iranians.

CATL identifies mining as the primary challenge in battery production rather than refining. The company showcased a mock-up of its Qilin III battery at a technology event.

Fujimori's plan for Peru aims to attract $5 billion to $7 billion in annual investment, create 500,000 jobs, and eliminate over 500 bureaucratic procedures. Mining contributes 60% of exports and nearly 10% of GDP, with an undeveloped pipeline valued at $64 billion.

China's factory output grew with high-technology manufacturing at 53.5, while consumer goods lagged and factory-gate prices fell, signaling deflation. Canada's April output rose 0.5%, driven by mining. AI and oil influenced global growth patterns this quarter.

Canada's economy grew 0.5% in April, its best performance since July 2025, driven by a 2.9% surge in mining, oil, and gas sectors, with oil sands production up 6.6%. Fourteen of twenty economic sectors showed growth.

Mexico's IPC fell 0.85% to 66,278 on June 24, marking a sixth consecutive decline, driven by losses in mining companies Peñoles and Grupo México, which each dropped over 4%. The drop occurred despite expectations of a rate cut due to cooler inflation.

The Amazon state of Para is set to receive 14.7 billion dollars in mining investment as Brazil promotes a forest-based economy in the same territory.

The crypto industry is intensifying lobbying efforts in the U.S. on tax policy, focusing on issues related to mining and staking. This marks a second major lobbying front for the sector, following regulatory battles.

Crypto advocacy groups are urging Congress to pass a tax bill, saying the measure would provide clarity on mining and staking rewards. The bill aims to address taxation of cryptocurrency mining and staking activities.

Jamaica’s economy shrank by 5.9% in Q1 2026 due to Hurricane Melissa, with damages, losses, and added costs reaching $12.2 billion—equivalent to 56.7% of the island’s 2024 output. Mining and agriculture sectors fell by 26.6% and 20.3%, respectively, while tourism lodging was also impacted.

Vale’s Fábrica and Viga mines in Brazil experienced water-and-sediment overflows on January 25, 2026, caused by rain-swollen pits, not tailings dams. Local authorities suspended operating permits, and Vale halted operations at both sites, which collectively produce about 2% of its iron ore.

Helium-3 is expensive and demand is forecast to soar, so some are planning to mine it on the moon.

President Tinubu stated that economic reforms have restored credibility and stability, with investor confidence returning as investments grow in sectors like agriculture, energy, manufacturing, technology, mining, transportation, and creative industries.

Venezuela’s acting President Delcy Rodríguez met with Turkish President Recep Tayyip Erdogan in Istanbul to discuss expanding cooperation in trade, energy, and mining. The leaders aimed to increase bilateral trade from $448 million to $3 billion and reviewed global developments, building on existing ties between Turkey and Venezuela.

Rajendra Singh warns that mining and encroachments are threatening the ecology of Anakapalli. The statement highlights environmental concerns linked to these activities in the region.

Indian Prime Minister Narendra Modi met with Venezuela's acting President Delcy Rodriguez to discuss expanding energy cooperation and investments in sectors like mining and pharmaceuticals. Venezuela has become India's third-largest crude oil supplier, as India seeks to diversify its energy sources amid global supply disruptions.

Mining activities in sub-Saharan Africa are causing large-scale deforestation of dense tropical forests, with key energy transition minerals like cobalt driving the environmental impact.

An analysis in the journal Nature examines how mineral mining contributed to deforestation in tropical regions, specifically in sub-Saharan Africa between 2001 and 2020. The study focuses on areas near mines to assess the environmental impact and inform conservation strategies.

HIVE reduced its Bitcoin holdings by 331 BTC in Q1, leaving 150 BTC remaining, while annual revenue increased to $297.8 million, driven by growth in mining and AI computing.

A blast in a rebel-held village in Myanmar killed dozens. Insurgents attributed the explosion to explosives used for mining near the Chinese border.

A blast at a building in Myanmar storing explosives for mining killed more than 45 people, according to rescuers. The incident occurred at a facility reportedly holding mining-related explosives.

A blast at a building in Myanmar storing explosives for mining has killed over 45 people, according to rescuers. The explosion occurred at a site holding mining-related explosives, as reported by rescue workers.

A blast at a building in Myanmar storing explosives for mining has killed more than 45 people, according to rescuers. The incident occurred at a facility handling mining-related explosives.

A blast at a building in Myanmar storing explosives for mining has killed more than 45 people, according to rescuers. The incident occurred at a site reportedly holding mining-related explosives, as confirmed by rescue workers.

The US imposed new sanctions on Cuba targeting sectors like energy, defense, and mining, which Cuba's government condemns as 'collective punishment.' The move follows Trump's actions against Venezuela's leader, Nicolás Maduro, and is part of broader pressure on Havana.

MARA accelerates its pivot from mining to AI infrastructure by acquiring a 505-MW power plant and data center site in Ohio through a $1.5B deal. The move has driven a significant jump in the company's share price.

The U.S. Senate voted 50-49 to repeal Biden-era protections blocking mining in Minnesota’s Boundary Waters Canoe Area Wilderness, sending the bill to President Trump for potential signing. The measure, which passed the House earlier, aims to overturn a 2022 executive order restricting mineral extraction in the area.

Scientists discovered lithium in pyrite within ancient shale rocks, offering a potential new source for battery materials. This finding could reduce reliance on new mining by extracting lithium from existing waste.

Antofagasta, a Chilean mining company, is showing interest in participating in Argentina's copper exploration initiatives. The article highlights potential business opportunities in Argentina's natural resources sector.

A controversial law in Argentina has removed protections for the country's glaciers, allowing mining activities. This decision has raised concerns about the environmental impact on glaciers and water resources.