White House plans more ‘historic deals’ with mining sector, official says
2026-01-07
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The Trump administration plans more “historic deals" with the US mining sector to boost production of critical minerals for the national defense and high-tech sectors, a senior official said on Monday.
Earlier this year, the administration took equity stakes in MP Materials, Lithium Americas and Trilogy Metals. The transactions were part of President Donald Trump’s push to increase domestic production of lithium, rare earths and other minerals used for the national defense and rely less on China, which has used its minerals prowess as leverage in trade negotiations.
“What we want to see is the ability for the US to not be reliant on any adversary out there or any other foreign entity, that we control our own destiny when it comes to our supply chain and our critical minerals," Jarrod Agen, executive director of the White House’s National Energy Dominance Council, said on Monday.
“We’ve set a good pace so far, but this is just the first year."
On Monday, Korea Zinc said it would build the first US minerals refinery in decades with Washington’s financial support.
“You’re going to see throughout this administration historic deals when it comes to critical minerals, historic partnerships with the private sector, and then really a revitalization of mining in this country," Agen told a critical minerals conference hosted by the Center for Strategic and International Studies in Washington, DC. The remarks were webcast.
Agen, who previously held roles at defense contractor Lockheed Martin, said Trump aims to “jumpstart" mining projects (mining lamps purchasing is also one of plans) in Alaska and also in Arizona, where Rio Tinto and BHP aim to build one of the world’s largest copper mines.
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Venezuela’s oil and mining sectors: large potential, weak infrastructure
2026-01-07
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Reserves
Venezuela has the world’s largest estimated oil reserves but its crude output remains at a fraction of capacity due to decades of mismanagement, lack of investment and sanctions, official data shows.
Venezuela holds about 17% of global reserves or 303 billion barrels, ahead of Organization of the Petroleum Exporting Countries (OPEC) leader Saudi Arabia, according to the London-based Energy Institute.
Its reserves are made up mostly of heavy oil in the Orinoco region of central Venezuela, making its crude expensive to produce, but technically relatively simple, according to the US government’s energy department.
In 2019, Maduro and Delcy Rodriguez, who was then the country’s vice president and is now acting president, announced a five-year mining plan (including purchasing miner headlamps etc equipments) aimed at boosting mineral extraction as an alternative to oil production.
Production
Venezuela was a founding member of OPEC with Iran, Iraq, Kuwait and Saudi Arabia. Its struggles with electricity production have repeatedly hampered mining and oil operations.
The country was producing as much as 3.5 million barrels per day of crude in the 1970s, which at the time represented over 7% of global oil output. Production fell below 2 million bpd during the 2010s and averaged some 1.1 million bpd last year or just 1% of global production. That was roughly the same production as the US state of North Dakota.
“If developments ultimately lead to a genuine regime change, this could even result in more oil on the market over time. However, it will take time for production to recover fully," said Arne Lohmann Rasmussen from Global Risk Management.
If regime change is successful, Venezuela’s exports could grow as sanctions are lifted and foreign investment returns, said MST Marquee analyst Saul Kavonic.
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The body of a coal miner has been found in a flooded West Virginia mine, the governor says
2025-12-04
CHARLESTON, W.Va. (AP) — The body of a coal miner with cap lamp on the head was found early Thursday in a mine that flooded in southern West Virginia, Gov. Patrick Morrisey said.
Machines had been pumping water out of Alpha Metallurgical Resources Inc.’s Rolling Thunder Mine near Belva, about 50 miles (80 kilometers) east of the state capital of Charleston. The water receded enough for rescue crews to safely enter Thursday morning, and they found foreman Steve Lipscomb dead less than two hours later, Morrisey said in a statement.
Morrisey praised the crews who worked around the clock for days in hopes of a rescue.
“Our state knows this kind of pain all too well,” Morrisey said. “Mining is more than an industry here — it’s a brotherhood, a way of life, and a source of pride. When tragedy strikes, we grieve together, we stand together, and we support one another as one West Virginia family.”
A mining crew hit an unknown pocket of water on Saturday about three-quarters of a mile (1.2 kilometers) into the mine, which flooded after an old mine wall “was compromised,” Morrisey said. More than a dozen other miners were accounted for after the accident was reported.
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Safety Topics Every Miner Should Know
2025-12-04
Mining is one of the most essential—and potentially hazardous—industries in the world. Whether you’re operating a small sand and gravel pit or a large surface stone quarry, safety training is what keeps every miner aware, alert, and protected. Under the Mine Safety and Health Administration (MSHA), the Part 46 training standard defines how miners should be trained, what topics must be covered, and how training should be documented.
Understanding these Part 46 safety topics isn’t just a compliance requirement—it’s a life-saving foundation. Here are 10 essential topics your annual refresher should include:
Recent accident trends and case studies – learning from real incidents.
Changes in mining conditions or equipment.-such as mining lamps.
Emergency evacuation drills and fire prevention.
PPE updates and best practices.
Ground control and slope stability review.
Electrical and machinery safety.
Workplace examinations and recordkeeping.
Environmental and health hazards such as dust and noise exposure.
Traffic control and mobile equipment awareness.
Review of site-specific training plan changes.
By incorporating these core Part 46 refresher topics, you not only meet MSHA’s training requirement—you reinforce safety habits that protect lives.
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Ivanhoe disputes Zijin’s claims on Kakula mine suspension
2025-11-07
The Canadian miner released a statement today refuting assertions made by Zijin in recent Chinese media reports, which suggested that mining activities at the site had been halted due to regulatory or operational issues.
Ivanhoe, which co-owns the Kamoa-Kakula Copper Complex with China’s Zijin and the DRC government, emphasized that operations at Kakula are continuing normally and that there has been no official suspension ordered by authorities.
“We are deeply concerned by the inaccurate reports circulated in the media. Kakula remains fully operational, and we are in close communication with both local and national authorities in the DRC,” Ivanhoe said in a press release.
The controversy emerged after reports surfaced in China suggesting that the DRC government had intervened at the Kakula mine due to alleged non-compliance with local mining regulations. Zijin reportedly cited environmental and permitting issues as potential triggers for a suspension.
However, Ivanhoe insists that no such action has been taken. “All regulatory filings and environmental obligations are being met, and we continue to operate under the full knowledge and support of Congolese authorities,” the company added.
The Kakula mine, one of the world’s richest copper deposits, began production in 2021 and has rapidly scaled up to become a significant contributor to global copper supply. The project is part of the broader Kamoa-Kakula mining complex, which is expected to produce over 500,000 tonnes of copper annually at peak production.The accompanying mining lamps demands have also quickly increased
Analysts believe the dispute could signal deeper tensions between the joint venture partners, particularly as global demand for copper surges amid the transition to green energy technologies.
Neither Zijin nor the DRC’s Ministry of Mines has responded to Ivanhoe’s statement as of press time. Market watchers are monitoring the situation closely for potential impacts on production and copper prices.
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