Why mining industry should support carbon taxation?

As governments try to navigate a path to a safe climate in the 21st century, the public debate has focused on net zero, carbon taxes, electrification and renewable energy. Mining is rarely an anchor point of the discussion, even though renewable energy infrastructure and low-carbon technology require vast amounts of metals and minerals. Nickel, for

Volkswagen joins sustainable mining initiative IRMA

Volkswagen announced that it joined a group to reach its environmental and social standards in the mining sector. Initiative for Responsible Mining Assurance Being the world’s No.2 carmaker in the world it is essential that the raw materials used are sustainable for their upcoming models in the EV lineup. As a result, VW joins hands

Coal needed for India in 2030 is between 1.3 to 1.5 billion tonnes

The government informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030. “Due consultations were held for finalizing India’s approach for negotiations at COP-21 and prior to signing the Paris Agreement. As per Economic Survey, the demand for coal is expected to remain in the range of 1.3-1.5 billion tonnes by 2030,”

Energy-related CO2 emissions touched record highs in 2021

Energy-related carbon dioxide emissions rose to their highest level in history last year, according to the International Energy Agency, as economies rebounded from the coronavirus pandemic with a heavy reliance on coal. The IEA found energy-related global CO2 emissions increased by 6% in 2021 to reach a record high of 36.3 billion metric tons. In

India must act on mining and exploration of critical minerals for green technologies

The COP26 meeting held in Glasgow on climate change issues discussed accelerating action and strategies toward achieving objectives outlined in the Paris Agreement. Consequently, India has committed to increasing its non-fossil fuel energy capacity to 500 GW by 2030, reducing the economy’s carbon intensity to less than 45% in 2030 compared to 2005 levels, and

USGS estimates US mines produced $90.4 bn in non-fuel mineral commodities in 2021

US mines produced approximately $90.4 billion in mineral commodities in 2021—a $9.7 billion increase over the 2020 revised total of $80.7 billion—according to the US Geological Survey USGS. This information comes from the 27th annual Mineral Commodity Summaries report from the USGS National Minerals Information Center. The report is a comprehensive source of 2021 mineral

Aura advances towards NetZero emission uranium production at Tiris

Aim-listed Aura Energy continues to advance towards net-zero emission uranium production at the Tiris uranium project, in Mauritania, with an initial study of Scope 1 and Scope 2 greenhouse-gas (GHG) emissions undertaken by consulting group Wood Group now complete, clearly defining a net-zero emission pathway for the project. Total baseline GHG emissions from the Tiris

Senate Finance OKs mining mutual fund, bank fossil fuel boycott bills

Senate Finance sent President Craig Blair’s mining mutual insurance company bill to the Senate floor, along with the bill dealing with bank boycotts of fossil fuel companies. SB 1 is the mining mutual bill. It explains that the state funds reclamation at abandoned mines through a combination of bond proceeds and money from the Special

Adani coal poised for export as insurance giants pledge cleaner future

According to the Adani Group, at the end of December, the first coal shipment from the central Queensland Carmichael Mine was ready to leave its Australian export terminal despite years of environmental campaigning and the refusal by major insurers to offer coverage for the project. However, three weeks later, the coal’s exact status is not

Nuclear Fuel Mining Market Poised to Expand at a Robust Pace Over 2027

Nuclear fuel mining is mining of uranium and thorium, which are widely used nuclear fuels found in the earth’s crust. Especially, uranium is used on a large scale and it is found naturally, with an average concentration of 2.8 parts per million (ppm) in the earth’s crust. Uranium is more abundant than silver, mercury, and