Weekly Mining News: 14-04-2024

1.       Is asteroid/space mining the future? Asteroid mining company AstroForge is putting big money behind space minerals, but being an early adopter can be challenging. Can asteroid mining be profitable? AstroForge is counting on it

2.       Copper price rally continues with the surge to the highest in 22 months. Copper continued its upward charge, hitting the highest level since June 2022 as investors bet that curtailed ore supply will struggle to keep up with rising global demand.

3.   Indian Govt sets coal production target of 170 MT for captive, commercial mines for FY’25

4.       Sany launches India’s first locally-made electric mining truck, SKT105E, with an impressive payload capacity of 70 tonnes, it stands as a powerhouse asset for mining enterprises across the nation.

5.       One good step by Greece. Minister announces steps to bolster mining industry. Deputy Environment and Energy Minister Alexandra Sdoukou revealed four actions that will support the development of the mining industry in Greece, speaking at the Delphi Economic Forum on Thursday.

6.       14 dead, 12 hurt after bus falls into mining pit in Chattisgarh.

7.       Major Mining Technology Innovations in 2023 are automation in safety, autonomous vehicles, rise of drones and unmanned aerial vehicles, robotics in mining, the revolution of data analytics and AI.

8.       Contract mining and mining services leader Thiess gets six-year contract extension at BHP’s Mount Arthur South Operations

9.       G Mining’s Brazil gold mine construction is nearly complete, on track for production in H2

10.   The Jordan govt launched a strategy to make Jordan ‘a mining country’ in 2033, by raising the mining sector’s contribution to the gross domestic product to JD2.1 billion, compared to JD0.7 billion currently.

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