As part of this expenditure, over US$727 million was spent on 168 Indigenous businesses across Australia, marking a 29 percent increase from the previous year.
BATX has additionally reached an agreement to acquire a 49% interest in Li-ion Battery Renewable Technologies (LIBRT), a firm based in Vancouver.
This increase reflects confidence in economic recovery following pandemic challenges, as well as in the transition towards a greener and more sustainable economy.
The agreement gives Quetzal Copper the Polaris Option, allowing it to buy all shares of Polaris Resources, owner of the Cristinas copper project in Chihuahua, Mexico.
Lithium Ionic Corp. announces updated MRE for Bandeira Lithium Project in Minas Gerais, Brazil, boosting global mineral resources by 26% to 60.1Mt.
Antofagasta plc unveiled its Climate Action Plan to test and incorporate new technologies that will enable it to achieve carbon neutrality by the year 2050.
The prices of copper were declining on Thursday due to the weakness in inflation data in China, the world's largest consumer of metals, and the strength of the dollar.
Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden have completed their inaugural quarter of exploration activities in Saudi Arabia with promising results. During this period, both companies have actively pursued various exploration initiatives.
According to Bloomberg Intelligence estimates, BHP could surpass Codelco for the top spot in global copper production.
This strategic move signifies Altona's commitment to expanding its mineral exploration portfolio in the region, tapping into Botswana's rich potential for copper and silver resources.
With an array of suppliers, China's mining industry is embracing battery-powered technology through the adoption of compact electric trucks.
American Rare Earths has revealed assay results from a recent mapping and sampling initiative conducted in the Cowboy State Mine vicinity.
Westgold Minerals, a prominent player in the mining industry, has revealed its plans to acquire Karora Resources, signifies its entry into Canada's flourishing mining sector. This strategic acquisition underscores Westgold's commitment to expanding its global presence.
Aterian, a leading player in the mining sector, has recently finalized the acquisition of Atlantis Metals, marking a significant milestone in its expansion strategy.
Calibre Mining is pleased to present the operational performance for the first quarter ending on March 31, 2024, showcasing its commitment to excellence and sustainable growth in the mining sector.
Rio Tinto has appointed Bold Baatar, a seasoned copper executive, as its new chief commercial officer. Analysts view this move as a clear indication of the company's confidence in Baatar's potential as a strong candidate for top leadership roles.
Perpetua Resources Corp received a Letter of Interest ("LI") from the Export-Import Bank of the United States ("EXIM") for potential debt financing of up to $1.8 billion through EXIM's "Make More in America" initiative and the "China and Transformational Exports Program" (CTEP).
In total, five local companies will provide cafeteria services inside the exhibition pavilions during this new edition, offering a taste of the region for all its global attendees.
With an investment of US$4 million, the project aims to exploit the gold and silver mineral deposit, extracting an estimated 55,000 ounces of gold.
With the structural project complete, Andina Division will achieve a processing rate of approximately 88,000 tonnes per day.
In a context of growing awareness of the climate urgency, extractive industries are under scrutiny, and Rio Tinto, one of the leading global mining giants, is no exception.
Copper surged to its highest level in 14 months as investors turned to the key industrial metal amidst growing concerns over supply disruptions and optimism regarding a global economic recovery.
Sassy reports on its ongoing acquisitions of uranium properties in the western United States, marking a milestone in terms of the most prolific uranium districts.
Due to the departure of Raymond Jannas, who is proceeding with a planned retirement, Ben Pullinger will assume the position of President and CEO of ATEX Resources.
CopperEx has just announced the awarding of a drilling contract for the inaugural drill campaign at its flagship Exploradora Norte Project in Northern Chile.
The international technical exhibition aims to be a turning point in the national mining industry, fostering new investments and business opportunities that contribute to strengthening the Progrowth Agenda from the Antofagasta Region to the country as a whole.
The CEO of Camino indicated that over USD $28 million has been invested in adjacent projects, delineating copper resources and gold mineralization.
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