Mining

Japan has begun a five-week experiment to extract rare earth minerals from the deep seabed off Minamitorishima Island, aiming to reduce reliance on China for critical materials. The project, aboard the research vessel Chikyu, marks the first prolonged collection effort at such depths and highlights tensions between energy security and environmental risks. Officials hope it will support Japan's carbon neutrality goals by 2050 while bolstering industrial competitiveness.

February 03, 2026 Iniulat ng AI

Operatives from the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission have arrested 10 individuals suspected of involvement in illegal mining activities. The arrests occurred along the Kwara-Oyo highway, where authorities also impounded several trucks.

Cerro Matoso announced the launch of its new visual identity to showcase brand evolution. The new symbol draws from the “M” of Matoseros, representing the collective identity of its team. This update reflects values such as closeness, curiosity, commitment, and courage amid market challenges.

January 27, 2026 Iniulat ng AI

Egypt’s Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with China’s Xingfa Group on Tuesday to evaluate phosphate, quartz, and silica sand ores for an industrial project in the Golden Triangle region. The agreement aims to maximise the added value of Egyptian mineral ores and establish Egypt as Xingfa’s largest industrial hub outside China. It was witnessed by Minister Karim Badawi.