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.
Madison Mines Reopen Due to Boom in Cobalt Demand
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.
Midwest’s Recently Patented Spray Trough Could Make Coal Transport Safer Than Ever
The BNSF Pasco Respray Trough has officially received its US Patent, bringing Midwest one step closer to making the transfer of coal safer and easier for the entire industry.
Thanks to Electric Cars, Lithium Mining Is on the Rise
As electric vehicle production increases, demand for lithium is on the rise — and production is following close behind.
Lihir Mine a Symbol of Mining Industry’s Renewed Vigor
Recent innovations at this enormous mine in Papua New Guinea have transformed the operation into a highly lucrative venture.