Mining the moon ready to lift off by 2025
Geologists believe asteroids are packed with iron ore, nickel and precious metals at much higher concentrations than those found on Earth, making up a market valued in the trillions.
Geologists believe asteroids are packed with iron ore, nickel and precious metals at much higher concentrations than those found on Earth, making up a market valued in the trillions.
Adding to the allure was a widely-held view that cobalt supply is constrained.
Recyclers can recover about 90 percent of the metal from catalytic converters in junked cars for a fraction of the cost of mining it.
Ratification of the deal is expected to deliver major investment and job opportunities for Australia’s mining industry.
U.N. talks are working out regulations on mining in international waters, which may appeal to companies struggling to find new reserves on land.
Palladium’s deficit-driven ascent has some analysts warning of the growing potential for a correction given the rapid sprint upward.
Ernst & Young’s Canadian Mining Eye index, which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior miners — dropped 2% in the last quarter of 2018.
BHP, Anglo American touch one-year highs.
The mining and trading giant will cap its production of thermal and coking coal at about 150m tonnes per year, close to its planned output level for 2019.
CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale's jointly owned Samarco mine, shut since November 2015 after a dam collapse killed 19 people.