Friedland says new Copper Mines are needed

Copper Wire Winding On Coils On Industrial Machines At Factory For Electric Motors

In a recent interview on Bloomberg Television, Robert Friedland, the founder and executive co-chairperson of Ivanhoe Mines, made a significant statement about the future of copper mining. He emphasized that copper prices need to nearly double to effectively stimulate the mining industry to undertake the risks associated with building large, capital-intensive mines. Specifically, Friedland suggested […]

GeneQuantum and BioMap Strategic Collaboration

Pharma AI Advancements

GeneQuantum Healthcare, a leader in ADC (Antibody-Drug Conjugate) new drug development, has entered into a strategic collaboration with BioMap, renowned for its AI in life sciences. This partnership aims to co-develop ADC therapeutics using GeneQuantum’s enzymatic site-specific conjugation technology and BioMap’s AI capabilities. This collaboration is set to redefine the landscape of ADC drug development, […]

National Miners Day Celebration

Two Smiling Mine Workers in PPE

December 6th is recognized as National Miners Day in the United States. This day celebrates the contributions of miners who play a crucial role in providing resources vital for the nation’s needs. In 2022, the mining sector accounted for approximately 574,200 jobs, making up 0.4% of all nonfarm employment and contributing 1.9% to the country’s […]

Partnership between IDS and Veracio

Handshake between Workers in PPE

International Directional Services (IDS), a Granite Company, and Veracio, a leading mining technology firm, have announced a new partnership. This collaboration represents an advance in mining technology and practices, indicating a continued focus on innovation and efficiency in the mining industry​​.

Nucor Corp’s Steel Production Increase

Collection of Steel Rods in Manufacturing Plant

Nucor Corp, based in Charlotte, North Carolina, and the largest Electric Arc Furnace (EAF) producer in America, has reported a significant increase in its steel production. In the first nine months of 2023, Nucor’s mills shipped over 8.3 million tons of product, marking a 4% increase compared to the same period last year. This growth […]

Piedmont Lithium’s North Carolina Project

Piedmont Lithium has been granted an extension for its mining project in North Carolina. This additional time will be used to study the feasibility of using a synthetic liner instead of a clay liner for a waste rock pit, which is expected to reach heights of approximately 152 meters. This development indicates ongoing efforts to […]

Mining Engineer Shortage

Mining Engineers meeting on site

A significant shortage of mining engineers in the United States is raising concerns. This shortage could impact domestic mining operations and, subsequently, the economy. The United States, known for its advanced higher education system, is facing this challenge despite its reputation as an educational leader. This situation underscores the critical role of skilled professionals in […]

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