In 1862, gold drew thousands of miners to Florence, Idaho; much of the richest ground was worked out that year, and old diggings remainFlorence, Idaho, surged to fame in 1862 amid a major gold rush that saw a flood of miners flocking to the area. The initial excitement tran...
IIP growth eases to 4-month low in September as mining output contractsSeptember witnessed a decline in India's factory output growth, falling to 6.7%, the lowest rate observed in four months. The drop is large...
Coal India’s H1 capex rises 27% to Rs 7,966 crore, beats targetCoal India Ltd has reported a capital expenditure increase of 27% to Rs 7,966 crore for the first half. The company surpassed its H1 target...
All 14 workers trapped at Bengal coal mine rescuedThe incident occurred on Monday due to a technical glitch in the pulley system at the Kumardihi A underground mine of Eastern Coalfields Lt...
Amid supply chain issues, India's strategic mining in critical stateIndia's mining sector remains underdeveloped due to high import dependence and severe execution bottlenecks. Challenges include land acquis...
NAN GreenMet, Chile's Enaex collaborate to set up Rs 750-cr explosives manufacturing facilityNAN GreenMet has partnered with Enaex to create an integrated explosives manufacturing plant in India. This venture involves an investment ...
Silver prices are tarnished but not forgotten. Why HSBC thinks gains in white metal may be limited?Silver prices have plunged nearly 60% from their January record high, but HSBC expects limited gains ahead. The bank sees prices consolidat...
Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...
JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investmentJSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable inve...
Union Minister G Kishan Reddy to visit Australia to strengthen bilateral cooperation in critical mineralsDuring his visit to Sydney and Melbourne, the Minister will participate in various programmes and hold extensive discussions with governmen...
In 1865, a silver discovery helped turn Belmont, Nevada, into a boomtown; by 1900, only about 20 people remained after most mines closed, despite more than $6 million in oreBelmont, Nevada, once a bustling mining hub during the silver rush era, experienced a dramatic decline in its population as resources dwind...
Copper supply crunch could push prices higher as new mines take over 16 years to develop: Goldman SachsGoldman Sachs Research warns that declining discoveries, lower ore grades and rising development costs are creating a structural constraint...
Government to review 2019 mineral policy amid new sector prioritiesThe Centre is initiating a review of the National Mineral Policy, 2019, to address current sector demands. A nine-member committee will rev...
14 dead, 7 injured in Colombia illegal gold mine collapseFourteen individuals lost their lives, and seven others were injured due to the collapse of an illegal gold mine. This tragic event occurre...
In the 1890s, a new gold process helped turn Mercur, Utah, into a boomtown of over 2,500; by 1913, the mine had closed, and the original townsite was abandoned, though mining later resumedIn the late 19th century, Mercur, Utah, became an influential mining hub fueled by new gold extraction methods, notably cyanide processing ...
In the 1930s, mining kept Gold Point, Nevada, at about 200 residents; by 1950, only 23 remained; and by 2011, just 7 people still lived there full time, year-roundGold Point, once a thriving mining community in Nevada, experienced significant population decline after mining operations ceased. The town...
In 1897, gold discoveries helped establish Ballarat near Death Valley, and its population reached 400 by 1898; today, adobe ruins remain after the mining boom fadedBallarat, founded in 1897 in the notorious Death Valley of California, flourished as a mining hub following the gold rush in the nearby Pan...