World of Statistics The World's Largest Oil🛢️ Reserves By Country

The Spectator Index Gazprom reports its first annual loss since the late 1990s, totaling $6.9bn for 2023.

Sales to Europe plummet amid sanctions and reduced demand, marking a significant downturn from a $12.9bn profit in 2022.
aljazeera.com/economy/2024/5…

The Spectator Index Turkey🇹🇷 has halted all trade with Israel🇮🇱, escalating tensions amid the Gaza🇵🇸 conflict.

Israeli Foreign Minister Katz accuses President Erdoğan of acting dictatorially, affecting both nations' $6.8bn trade relationship.
theguardian.com/world/article/….

It's not mining-related, but hang this up and put it in the Louvre.

Copper prices hit a record high in 2021 due to economic recovery but faced declines in 2022-2023 amid interest rate hikes and slow growth.

Funding for copper exploration fell over 50%, and grassroots exploration dropped 7% in 2023.

G7 energy ministers in Turin pledge to phase out unabated coal power by the early 2030s to align with a 1.5°C temperature rise limit, reflecting their net-zero goals by 2050.

Challenges loom as countries like Japan, heavily reliant on coal, navigate energy transitions amidst…

The $1.7 billion U.S.🇺🇸-backed Lobito Corridor Project aims to revitalize a rail system from Angola🇦🇴 to the Democratic Republic of Congo🇨🇩, securing vital mineral supply chains essential for EV batteries🔋 and other green tech.

[🎞️Video Credit: The Wall Street Journal]

The South Korean Democratic Party (DP) won a landslide victory in the National Assembly elections, nearly gaining the power to impeach President Yoon.

With the new Rebuilding Korea Party, they form a supermajority, setting the stage for major legislative changes and a potential…

The Spectator Index The Wieliczka Salt Mine in Poland, a UNESCO World Heritage Site, boasts a rich history of salt production from the 13th century to 1996. Now a monument, it enthralls visitors with underground lakes, chapels, and salt sculptures.

The Spectator Index Italy’s 🇮🇹 natural gas infrastructure, 2022

Greenfield mineral exploration targets are untouched areas believed to contain valuable minerals.

These sites, never previously mined or explored, offer opportunities for discovering new resources essential for modern society.

Read here to learn more:
medium.com/lavrion-mining…

Terrible Maps United States🇺🇸 Critical Minerals Locations

The U.S.🇺🇸 is racing to secure its own lithium and nickel, which is used in battery production for products like EVs and other tech.

Today, China🇨🇳 produces more than 85% of the world’s batteries.

So how is the U.S. pushing to mine battery metals needed for the energy…

Gold Telegraph ⚡ In March, Russia🇷🇺 remained China's🇨🇳 top oil supplier, delivering a near-record 2.55 million barrels🛢️ per day despite sanctions.

Imports surged by 12.5% as China snapped up stranded Sokol shipments and stockpiled Russian crude.

Copper demand has skyrocketed as the push for the electrification of vehicles and energy sources continues to take over.

Copper is essential in the shift away from fossil fuels, as it is critical for EVs, windmills, solar panels, and even the entire power grid.

So why aren't…

World of Statistics Mineral deposits in the Russian Arctic🇷🇺🐻‍❄️

Open pit blasting is a crucial technique in mining, used to break rock for easier extraction.

This method improves efficiency and reduces costs but requires meticulous planning to ensure safety and minimize environmental impact.

World of Statistics 🌍 Global nuclear power generation fell 7% in 2022 to 2,487 terawatt-hours, part of a volatile trend since the 2011 Fukushima disaster.

Despite some countries phasing out nuclear energy, the US, China, and France remain top consumers, powering over 55% of global nuclear energy.

Terrible Maps Map showing oil shale🛢️ resource areas of Utah, Colorado, and Wyoming.