A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.
Composed of manganese, nickel, copper, cobalt and other trace minerals, polymetallic nodules hold some of the key ingredients needed to fuel the energy transition.
New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.