A mineral so rare that only one specimen has ever been found in the world exists: kyawthuite (cha-too-ite). This tiny, tawny-hued grain weighs just a third of a gram (1.61 carats), and at first glance, it might resemble amber or topaz. However, its value goes far beyond its appearance. In 2010, gemologist Kyaw Thu purchased […]
The World’s Rarest Mineral Is So Uncommon It Has Only Been Discovered Once Read More »
Scientists have discovered a high-quality gold deposit in central China containing approximately 1,000 metric tons (1,100 US tons) of the precious metal, according to Chinese state media. Valued at around 600 billion yuan (US$83 billion), this find could be the largest and most lucrative gold reservoir ever uncovered, surpassing the 900 metric tons estimated in
World’s Largest Gold Deposit Discovered, Valued at Over US$80 Billion Read More »
Copper and nickel production are lower-than-expected reported australian international mining titan BHP. The drop has been blamed on the absence due to Covid-19 and social unrest throughout Chile, leading copper and nickel production to drop by 10% and 13%, respectively. Significant episodes of Covid-19 suppressed production in Chile, worsened by roadblocks and social discontent at its
Copper and Nickel Production Struck by Covid and Regional Unrest Read More »
Uranium Energy (NYSE-AM: UEC) has agreed to purchase all of Uranium One Americas Inc.’s (U1A) outstanding shares for a total purchase cost of US$ 112 million, which includes cash and the substitution of US$ 19 million in reclamation debt. The fourth-largest uranium producer in the world, U1A is a division of Uranium One Inc., a
SPEARFISH, S.D. (AP) — A junior mineral exploration company is making a new push to find gold in the Black Hills. Solitario Zinc Corp. arrived in Spearfish in July. Todd Christensen, a geologist with Solitario, says the business was invited to assess some claims from a team of investors and saw it as an opportunity
Mineral Exploration Company looking for Gold in Black Hills Read More »