The reopening of the Black Diamond mine could signal a rebirth for Coal in the Pacific Northwest, as miners return to Washington State for the first time since 2006.
With its decision to renew an important industry tax credit, Canada signals its support for mineral exploration. Earlier this year, the Canadian government extended the Mineral Exploration Tax Credit (METC) through March 31, 2019. The 15 percent tax credit aims to boost investment in small mineral exploration companies that are backed by venture capital.
As the lithium-ion battery market grows, cobalt demand is surging, driving renewed interest in long-dormant mines and showcasing the potential for huge financial windfalls.
Capitalizing on popular interest in outer space mining, the Colorado School of Mines has plans to unveil a program that would prepare the first generation of extraterrestrial miners.
As electric vehicle production increases, demand for lithium is on the rise — and production is following close behind.