Daily Mining Industry Report: February 10, 2025

Daily Mining Industry Report: February 10, 2025

Canadian Mining News

New Book Chronicles Viola MacMillan's Impact on Canadian Mining

A recently published book delves into the life of Viola MacMillan, a pioneering figure in Canada's mining industry. The biography explores her significant contributions and the controversies she faced during her career.

 

Global Mining Developments

Trump Signs 25% Global Tariff on Steel and Aluminum

U.S. President Donald Trump has enacted a 25% tariff on all steel and aluminum imports, a move that could have significant implications for the global mining and metals industries.

 

Middlemen Exploiting DRC's Cobalt and Coltan Trade

Analysts report that intermediaries and local militias are siphoning billions from the Democratic Republic of Congo's cobalt and coltan trade, exacerbating conflict and economic challenges in the region.

 

Technological Advancements

Caterpillar Celebrates 100 Years at bauma Munich 2025

Caterpillar Inc. is showcasing a wide range of equipment, technologies, power options, and services at bauma Munich, marking its centennial in the industry.

 

Market Trends

Chinese Gold Buyers Hesitate as Prices Near $3,000

As gold prices approach $3,000, Chinese buyers are becoming more cautious, often paying premiums to secure bullion, which may influence global gold market dynamics.

 

Disclaimer

The information in our daily posts is intended solely for general informational purposes. We do not guarantee the accuracy, completeness, or reliability of any content provided, and we are not responsible for any errors, omissions, or outcomes resulting from using this information. Readers are advised to verify facts independently and consult appropriate professionals or official sources before making any decisions or taking action based on these reports—all responsibility lies with the reader.