Weekly Mining News: 07-04-2024
- India’s mining output rises 8% year-on-year. India’s mining index rose to 139.6 in February 2024. Iron ore and limestone account for 80 per cent of the total production value.
- Times of India releases the list of 8 most dangerous mines in the world. The list included Mponeng gold mine-SA; Coal mines at Dhanbad- India; Chuquicamata Copper mine- Chile; Grasberg mine-Indonesia; Siberian Coal mines- Russia; Mirny diamond mine-Russia; Talcher Coal mines-India; EI Teniente copper mines- Chile.
- NGT’s new move to fight illegal miners. NGT has mandated that only GPS-equipped vehicles will be permitted to transport minerals to stone crushers and screening plants in Gurgaon, Faridabad and Nuh. From 15 April, any vehicle transporting minerals without GPS can be seized by police
- Controversial deep-sea mining negotiations showed progress, but many disagreements among member states remain. More than 190 delegates and observers gathered in Jamaica from March 18-29, 2024, for the first part of the 29th session of the International Seabed Authority (ISA) Assembly and Council.
- Supreme court Tells Tamil Nadu, ED can summon ‘any person’ for ‘any information’, regarding the illegal sand mining case.
- Amaroq Minerals Ltd., an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, has announced that the successful first underground mining blast at Nalunaq was initiated on 30 March 2024 at the 720 m level.
- Research shows boom in mining for renewable energy minerals threatens Africa’s great apes. Researchers applaud move away from fossil fuels but say more must be done to mitigate effects on endangered species.
- Survey shows Gulf states are putting their money into mining. They are Hungry to diversify their economies beyond fossil fuels, Middle Eastern powers are investing in the resources needed to produce clean energy
- Chinese iron ore price dips but rises on a weekly basis- in this week.
- Vedanta Q4 output shows aluminium production up by 4% and iron-ore sees a double-digit jump.
Ref: timesofindia, mining.com, pgurus, thehindu, the print, ft.com, theguardian etc
Picture credit: downtoearth.org.in- https://www.downtoearth.org.in/news/mining/controversial-deep-sea-mining-negotiations-showed-progress-but-many-disagreements-among-member-states-remain-95338
See the last week’s news- https://waartsy.com/weekly-mining-news-last-week-march/
