Keywords: Natural resources


Venezuela: Caracas Claims Sovereignty Over Its Oil Despite Agreement with Washington

While Donald Trump presents the agreement with Venezuela as a historic oil operation, Caracas seeks to clarify the scope of the arrangement. Interim President Delcy Rodriguez asserts that the country retains ownership of its resources, as American announcements regarding control over part of the reserves......

Indonesia: Fires devastated nearly 95,000 hectares in July

Indonesia is facing a rapid escalation of forest and land fires. Nearly 95,000 hectares were affected in July alone, almost as much as in the first six months of the year. Authorities fear a further intensification of the phenomenon as the El Niño episode could extend until early 2027. A particularly......

Earth Overshoot Day 2026 Highlights the Urgent Need for Sustainable Resource Management

Earth Overshoot Day 2026 falls on July 30, marking the point at which humanity has consumed all the natural resources that the Earth can regenerate within a single year. From this date onward, global resource consumption exceeds the planet's annual ecological capacity, highlighting the growing imbalance......

Panama considers state mining company to revive Cobre Panama copper project

Panama is exploring the creation of a state-owned mining company as part of a new strategy to restart operations at the Cobre Panama copper mine, a project that has remained idle since a landmark court ruling halted production in 2023. According to sources familiar with the discussions, the proposed......

Japan plans Greenland mission to assess rare earth mining opportunities

Japan is preparing to send a delegation to Greenland later this year to explore the island’s potential for rare earth mineral extraction, reflecting growing international interest in securing access to critical resources essential for modern industries and emerging technologies. The planned mission......

Australian court orders Fortescue to compensate Indigenous community

An Australian court has ordered Fortescue to pay A$150 million in compensation to an Indigenous community after ruling that the company caused significant damage to culturally important heritage sites. The decision represents one of the most important legal rulings in recent years involving Indigenous......

BHP targets large-scale copper exploration in Zambia as global demand rises

Global mining company BHP Group is preparing to expand large-scale copper exploration activities in Zambia, according to the country’s mines ministry, signaling growing international interest in one of Africa’s most important mineral producers. Officials said the company is considering advanced......

Critical Mineral Resources begins drilling at Agadir Melloul copper project

Mining company Critical Mineral Resources PLC (CMR) has announced significant progress at its Agadir Melloul copper project, located roughly 240 kilometers east of Agadir, Morocco. The company has secured new permits, exclusivity agreements, and plans to commence drilling within the next two weeks, marking......

ONHYM announces over 1 billion dirhams investment in exploration

The National Office of Hydrocarbons and Mines (ONHYM) has committed an investment of 1.019 billion dirhams (MMDH) in 2024 for the drilling of four exploration wells, comprising three onshore and one offshore. This year also marks a heightened focus on strategic and critical minerals, which are vital......