Page 4 - Olympic Dam News Today

Lincoln Minerals will renew its hunt for uranium after historical data revealed a slew of uranium shows at several prospects in South Australia.

Copper, gold, silver and uranium are now in confirmed bull markets. Just one company is top ten in copper and uranium globally. That is BHP.

According to the United States Geological Survey (USGS), global copper reserves were 1 billion tons in 2023. Countries rich in copper resources mainly include Chile (190 million tons), Australia (100 million tons), Peru (120 million tons), and Russia (80 million tons), Mexico (53 million tons) and the United States (50 million tons), etc. In terms of output, global copper output from ore in 2023 was 22 million tons. The main copper-producing countries were Chile (5 million tons), Peru (2.6 milli...

South Australia believes it's well placed to lead the energy transition as a green iron and steel powerhouse.

With new mines in development and potential new markets opening up, what’s the outlook for uranium mining in Australia?

A Coalition MP who campaigns for nuclear power has debunked the myth uranium from reactors can be used to make atomic bombs and suggest coal plants are also potentially dangerous.

Uranium production from Olympic Dam could increase in future as BHP considers expanding copper production at the mine in South Australia. Meanwhile, Energy Resources of Australia said it will need to raise more funds in 2024 to cover expenditure on the rehabilitation of the former Ranger uranium mine.

BHP rocked its workforce with a major restructure disbanding specialist teams and putting far greater responsibilities on its iron ore, coal, copper and nickel leaders.

Bringing Taiwan to the World and the World to Taiwan

Nickel and copper have long been recognized as vital components of a decarbonized economy. The former helps to cram energy into the lithium-ion batteries used in electric vehicles and grid-scale power storage cells.