Episode Details

In today's episode of The Mining Insider, Logan Ore covers three major developments in global mining: 1. China's Coal Mine Rescue Enters Day Three — The official death toll at the Liushenyu mine in Shanxi province stands at 82, with 2 miners still unaccounted for. Reconnaissance robots have been deployed after toxic gases blocked human rescue teams from going deeper. Authorities confirm the operating company — Shanxi Tongzhou Group — committed serious violations of laws, executives have been detained, and all company coal mines have been ordered to cease production for a safety overhaul. 2. Greenland Mines Secures a Rare Earth Deal for the Western Supply Chain — Greenland Mines (Nasdaq: GRML) has agreed to acquire the Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland for $35 million ($20M cash + $15M shares). The deposit contains indicated resources of 5.88Mt at 1.77% TREO, with ~27M kg Nd2O3 and 8M kg Pr6O11. Nd-Pr makes up 25–40% of total REO content — among the highest globally. Neo Performance Materials retains offtake rights on 60% of future production. 3. Stillwater Critical Flags America's Largest Rhodium Resource — Stillwater Critical Minerals (TSXV: PGE) reports new rhodium assay results from the Stillwater West project in Montana. The 2023 inferred resource covers 255Mt containing 115,000 oz rhodium and 2.3 billion lb chromium. An updated resource estimate is expected next month. Glencore holds a 15% stake and has funded 40,000+ metres of drilling. Also: Gold at $3,157/oz, copper at $5.24/lb steady ahead of Monday's Russia UGC Dutch auction result. Sources: CGTN, New York Times, PR Newswire (Greenland Mines), Mining.com, MarketWatch.