Global Scans · Mining · Weekly Summary

• [New] The emergence of commercial deep-sea mining could fundamentally reshape global mineral markets, introducing an entirely new source of critical metals at potentially significant scale. Discovery Alert
• [New] Airports could be converted for military purposes, and Chinese control of the abundant Arctic mines of Greenland would harm American potential to produce more rare earth minerals and uranium resources. Journal of Diplomacy
• [New] As the world's largest silver producer and a major contributor of gold, copper, lead, and zinc, any constraint on new mine development could eventually impact global copper supply forecast and other metals markets. Discovery Alert
• [New] Russia could use its excess natural gas to power AI data centers or crypto mining operations, Russian officials have said, as Moscows pipeline gas exports to Europe have collapsed and led to an oversupply at home. EconCurrent's Substack
• [New] Mined supply is set to increase in concentration in the top three countries for copper, nickel and cobalt by 2035. IEA
• [New] The ASCOD infantry fighting vehicle is designed with NATO STANAG 4569 level four armour, offering robust protection against kinetic and mine blast threats. SSBCrackExams
• [New] Hydrogen represents an opportunity to diversify from the growing reliance on 'rare earth minerals', which are currently primarily controlled by China, and the mining of essential battery ingredients from less stable countries. John Cordell Driving Instructor
• [New] Iran could resort to mining the Strait of Hormuz in the event of an attack - a strategy designed to trap US warships in the Persian Gulf. ArabNews
• [New] China controls approximately 60% of global rare earth mining and over 80% of processing capacity - creating a strategic vulnerability for European manufacturers of everything from wind turbines to electric motors and defence systems. Discovery Alert
• [New] Several new mining projects are in the pipeline around the world: it is estimated we will see nine new, large mines in the next five to ten years, equating to an additional 44 million ounces per year. Keytrade Bank
• [New] In the short term, a rapid buildout of solar on existing and anticipated mine closures could provide 259,700 permanent jobs, and 317,500 temporary and construction jobs globally. Global Energy Monitor
• [New] The world's largest coal producers - Australia, Indonesia, the United States, and India - hold some of the greatest potential for solar redevelopment on mine lands. Global Energy Monitor
• [New] An important issue with meeting lithium demand by 2030 is that the price of lithium has recently collapsed, leading many mining companies to scale back or close mines. Chemistry World
• [New] The underground conversion represents not just a mining project but a cornerstone of Botswana's economic sustainability strategy-transforming what could have been an economic cliff in 2034 into a gradual transition supported by decades of continued diamond production. Discovery Alert
• [New] The newly commissioned power plant will support the early operational needs of Blocks 1 and 2, jointly developed under a complex consortium involving international mining companies, investors, and the Guinean government. Resource Digest - Mining and Industry Magazine
• [New] The closed Duralie Coal Mine in Australia has the potential to host a solar power plant with an estimated capacity ranging from 192.9 MW to 203.8 MW. Global Energy Monitor
• With open pit operations expected to reach their economic limit around 2034, Debswana started the Jwaneng mine underground project in May last year. Mining Weekly
• The Vares Silver Operation produces silver / lead and zinc concentrates and has the potential to be one of the world's largest producing, low-cost silver mines, with a high-grade Mineral Reserve base underpinning a 15-year mine life. Junior Mining Network
• In Metals & Mining: Precious metal prices of gold, silver, platinum extend recent advances in flight to safe haven assets following the Middle East tensions between Israel/Iran and fears of escalation into the weekend. eOption
• Russians, Brazilians and Chinese are mining for their Bitcoins, while the Pakistani government formed a Digital Asset Authority that will regulate owning and trading Bitcoin. TronWeekly
• As China ramps up reactor development, demand for uranium is set to rise sharply-creating long-term growth opportunities for uranium suppliers such as CGN Mining. KGI Singapore Research - Singapore's leading broker off
• Metals Focus estimates that total gold mine production will reach 3,694 tonnes in 2025, setting a new annual record and surpassing 2024's figure of 3,661 tonnes. MiningFeeds
• Most notably, the Costa Rican leader called for a moratorium on deep-sea mining in international waters until science can adequately assess the risks - a position already backed by 33 countries. UN News

Last updated: 27 June 2025