Mining

The IPO boom in Hong Kong is extending beyond technology, according to the HKEX CEO. As fundraising tops $40 billion, firms from various sectors such as biotechnology, mining, and consumer companies are also reported to be in the pipeline.

Zimbabwe’s dollar-denominated stock exchange plans an overall increase of 25% in market value over the next year. The exchange intends to introduce new products, including a venture board designed to assist junior mining and exploration companies with raising capital.

Indonesian President Prabowo Subianto's efforts to restructure the economy with a stronger state role are creating tensions with the country’s wealthiest tycoon families known as the Nine Dragons (Sembilan Naga). These families, many of Chinese Indonesian origin, hold significant interests in sectors like banking, tobacco, and mining.

Assam's Chief Minister Himanta Biswa Sarma denies illegal mining in Assam amid floods, citing Nagaland mining as a cause. The government will assess damage starting August 9 as deaths reach 87, with Nagaland-based organizations rejecting the claim.

In June 2026, Argentina's companies transferred approximately $1.023 billion in profits and dividends abroad, marking the largest monthly outflow since 2010. Key sectors contributing included energy, food, beverages and tobacco, mining, and financial firms.

American Bitcoin increased its reserve to 8,002 BTC following a record 932 BTC mined in Q2. The company reported an 8% revenue rise to $67 million during the quarter.

Gold remained stable while silver saw a slight increase, influenced by softer real U.S. yields and a cautious dollar. The market movements were linked to safe-haven demand and mining exposure in Latin America, particularly in Mexico and Peru.

The Dominican Republic's economy grew 6.4% in June, its strongest month of 2026, driven by a construction and mining boom.

Chile aims to diversify its copper export markets beyond China and attract US$100 billion in mining investment over the next decade, as stated by Foreign Minister Francisco Perez Mackenna at a Bloomberg summit in Singapore. The move is part of efforts to reduce reliance on Chinese demand for copper.

Ecuador's 15-year Agenda de Crecimiento Ecuador 2040 has received a $7.5 billion commitment from the IDB over five years, with an initial $200 million policy-based loan approved for tax and energy reforms. The plan focuses on four pillars: institutional strength, fiscal stability, competitiveness, and financial depth, with priority sectors including mining.

Peru's economy grew 3.0% in Q2 2026, driven by a mining recovery and strong construction activity, which counterbalanced declines in farming and fishing caused by weather issues.

Peru's economy expanded for a 26th consecutive month in May 2026, driven by steady mining gains and a cumulative 3.2% growth through the first five months of the year.

Congress has moved a no-confidence motion against the Sai government in the Chhattisgarh Assembly. The Opposition presented a 136-point chargesheet alleging issues in mining, law and order, and tribal rights.

Guyana declared nearly 240,000 ounces of gold in the first half of 2026, meeting its budgeted target for the first time in nine years. Gold exports increased 63.4% to $1.6 billion in 2025, with non-oil exports projected to grow another 8.6%.

Chile’s Senate narrowly passed President Kast’s economic overhaul, which includes a phased corporate tax cut from 27% to 23% over four years and up to 20-year tax stability for large-scale investments, particularly in mining.

President Donald Trump's executive orders reduced the size of Bears Ears and Grand Staircase-Escalante National Monuments from over three million acres to 302,600 acres, a move supported by grazing, mining, and drilling interests seeking extraction. The action sparked opposition from tribes and public lands advocates.

Colombia's economy grew by 2.7% in the second quarter of 2026, up from 2.1% a year earlier, but mining was the only sector to shrink. First-half growth is estimated at 2.4%, below the economy's expected capacity.

Peru's exports increased 40.1% year-on-year in May 2026, reaching US$9.3 billion, driven by mining and strong Asian demand. Copper remained Peru's top export, with mining sales rising 53% from January to May 2026.

The Trump administration rolled back the Endangered Species Act, reducing protections for endangered species' habitats in California and allowing increased drilling and mining.

The Trump administration is rolling back protections under the Endangered Species Act with a new policy allowing drilling, mining, and logging on critical wildlife habitats.

US and China sanctions are creating compliance challenges for African businesses operating in industries like mining, banking, and energy. Analysts warn that overlapping measures from both nations complicate operations for companies engaged with both economies.

Ex-forest officials and conservationists have petitioned the Delhi High Court, challenging the functioning of India's National Board for Wildlife and its Standing Committee. They allege the board has become a 'clearing house' for diverting protected areas to non-conservation projects like roads, mining, and industry.

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.