News
World’s rare earth giants: Top 10 countries with the biggest reserves
19+ hour, 48+ min ago (839+ words) Rare earth race is on, with implications for everything from smartphone to energy More countries are emerging as potential rare earth oxides (REO) suppliers, with upward revisions of estimates of available deposits in key countries outside China. Latest data from…...
Killings cast shadow over major Canadian business visit to Mexico
2+ week, 6+ day ago (354+ words) Ottawa is pushing hard to deepen trade ties with other mid-sized economies Hundreds of Canadian business leaders visited Mexico on Monday, aiming to deepen commercial ties despite the recent kidnapping and killing of several employees of a Canadian mining firm....
Lithium boom: Energy storage can't quit this critical metal powering tomorrow's world
1+ mon, 3+ week ago (824+ words) Demand for lithium will only grow due to its inherent properties Global demand for lithium is exploding. The world needs more lithium primarily to fuel the massive growth in electric vehicles, renewable energy storage, and emerging AI data center demands....
India Supreme Court puts revised Aravalli definition on hold, considers fresh expert panel
2+ mon, 1+ week ago (686+ words) Top court pauses November order amid fears mining could harm fragile mountain ecosystem New Delhi: The Supreme Court of India on Monday put in abeyance its earlier order accepting a revised definition of the Aravalli Hills, after mounting concerns that…...
UAE gold shoppers have new concerns after price forecasts of $3,600
6+ mon, 2+ week ago (488+ words) Some UAE shoppers bring forward jewellery buys on latest price estimates Dubai: At Dh376.25 for a gram of 22K, the Dubai gold price continues to remain at one of the highest rates in the last 30 days " but shoppers and jewellery retailers are…...
Deep sea-mining: Cook Islands strikes US minerals agreement after deal with China
7+ mon, 3+ day ago (418+ words) Seabed around islands carpeted with polymetallic nodules, rare earths, critical minerals Pacific nation the Cook Islands said Wednesday it will work with the United States in a push towards deep-sea mining, an emerging industry of keen interest to both Washington…...
Oil and gas in the Philippines: More areas with prospective fossil fuel deposits being explored
7+ mon, 4+ day ago (725+ words) Increased exploration, drilling pace amid renewed push for energy security Manila: Does the Philippines have oil and gas? Do most Filipinos know it, or benefit from it? Evidence: the country has a double-digit poverty rate, at 13.6% vs its neighbours (6.2% in…...
Trump crypto venture raises $220 million for bitcoin mining
8+ mon, 1+ week ago (197+ words) Sons have been working on multiple crypto-related projects since Trump took office A cryptocurrency venture associated with President Donald Trump's family raised $220 million to buy Bitcoin and digital asset mining equipment, according to a filing Monday. American Bitcoin, a company…...
Kuwait approves draft law with KD500,000 fines to combat money laundering
8+ mon, 2+ week ago (318+ words) Law aims to strengthen fight against money laundering and terror financing Dubai: Kuwait has introduced sweeping new penalties, including fines of up to KD500,000 ($1.62 million), as part of a newly approved draft law aimed at strengthening its fight against money laundering…...
Gold price in Dubai jumps above Dh370 – will shoppers now hold off or buy before it climbs?
8+ mon, 1+ week ago (515+ words) UAE gold shoppers may rethink plans as Dubai rates rise amid Fed cut hopes, market shifts Dubai: Just when UAE shoppers were getting comfortable with gold prices under Dh370 a gram, Dubai rates have jumped again. On Tuesday, the price of…...