What Happens in the World's Deepest Gypsum Mine?

Written by Prospector | Feb 26, 2025 1:00:00 PM

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📰 In The News

What Happens in the World's Deepest Gypsum Mine?

Birkshead drift mine in Cumbria is the world's deepest gypsum mine, operating since 1977 to supply plasterboard for the building industry.
Located 1,000 feet underground, the mine relies on heavy machinery and conveyor belts to extract and transport gypsum, with strict safety measures in place for workers in its vast tunnels.

ICMM Releases Updated Guidance Regarding Closure of Tailings Storage Facilities

ICMM has released updated guides on tailings management and mine closure, emphasizing early planning, governance, and long-term stability.
These resources aim to improve safety, environmental stewardship, and community resilience in mining operations.

Juniors Shine on TSXV 50 Ranking

Several Canadian junior mining companies saw major growth on the TSX Venture 50 list, with Power Nickel leading at a 630% share price increase.
The ranking highlights the strong demand for critical minerals and precious metals, driving significant market capitalization gains.

Global Exploration Budgets Fall as Juniors Tighten Belts

Global nonferrous exploration spending fell 3% to $12.5 billion in 2024, marking a second consecutive decline due to financing struggles for junior miners.
This shift toward lower-risk investments raises concerns about future discoveries, particularly for critical and battery metals.

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