IOM3 (Institute of Materials, Minerals & Mining)’s Post

Industrial minerals – have they finally gone critical? No more the “Third World of the mining industry”? IMFORMED was both honoured and delighted to be invited to write the introduction to Mining Engineering annual review of industrial minerals in its July 2024 issue. 2023 might be considered the year that (finally) marked the decade of #industrialminerals criticality recognition. Bill Gleason, Editor, ME writes: “Each year, the July issue features the Industrial Minerals Review. I’d like to thank Mike O’Driscoll for his summary of the industrial minerals sectors. O’Driscoll keeps his finger on the pulse of this interesting, yet sometimes overlooked, sector of the mining industry. In his introduction to the section, O’Driscoll writes that while the sector has sometimes been called “the third world” of the industry, now might be the time for industrial minerals to gain the rightful recognition of their importance.” #criticalminerals #batteries #salt #fluorspar #silcasand #fracsand #mining #mineralexploration #mineralprocessing https://lnkd.in/e8AXWnXd 

Australia often likes to compare itself to Canada across various metrics. Population size, landmass, Deer V Kangaroo - which tastes better and why. But if the Canadians pull this off, it will set the Australian mining industry back considerably. Right now we are slow to approve and to permit, enjoy banning things, and seem to want to wrap projects up with so much greentape that companies are prepared to walk away. The minerals extraction industry has always been global and capital has always been mobile. If we forget these fundamentals, some parts of the industry will simply seek alternaives and one of those may be Canada. #miningindustry #criticalminerals #stantonchase

B.C. is key to Canada's strategy for producing critical minerals essential for economic growth, with significant opportunities in mining, job creation, and contributions to the global supply chain. Despite robust potential and ongoing projects, the primary challenge remains the lengthy permitting process, which hinders the rapid development needed to capitalize on rising global demand for these minerals. Reas the full story here in the The Vancouver Sun, with words from Michael Goehring of the Mining Association of BC, John Steen of the The University of British Columbia, and Heather Exner-Pirot of the Macdonald-Laurier Institute #mining #naturalresources https://lnkd.in/gUtUbyJA

Canada has again ranked globally with five of the top 10 most attractive mining jurisdictions. Utah and Nevada topped the latest ranking, with Saskatchewan, Quebec, Manitoba, Newfoundland and Labrador and Ontario all in the top 10. Saskatchewan was No. 3 for the second year in a row. Uncertainty around protected areas and disputed land claims are major areas of concern for Canadian jurisdictions. We build for mining operations: https://lnkd.in/gJuEHRQe Elmira Aliakbari The Fraser Institute #mining #mines #prospecting #exploration Prospectors & Developers Association of Canada (PDAC) CIM | Canadian Institute of Mining, Metallurgy and Petroleum Mining Association of Canada Mining Association of BC BC Regional Mining Alliance Saskatchewan Mining Association The Mining Association of Manitoba Inc. The Northern Miner Ontario Mining Association Northern Ontario Mining Showcase Saskatchewan Chamber of Commerce Saskatchewan Trade and Export Partnership Manitoba Chambers of Commerce Ontario Chamber of Commerce

'Green Transition and the Role of the US: Pushing for new policies, but permitting remains slow' This article in our Western USA Mining 2024 report discusses the global significance of critical minerals in the energy transition and the need for innovative exploration technologies to meet mineral demands. Thanks to Mark Compton, executive director of the American Exploration & Mining Association, Chris Summers, CEO of Burgex Mining Consultants, Eric Mears, Vice President of Haley & Aldrich, Graham Richardson, CFO of Faraday Copper Corp., Yair Frastai, co-founder and CEO of Verai, Michael Rowley, president and CEO of Stillwater Critical Minerals, Elly Perets, CEO of ASTERRA and Ivanhoe Electric CEO Taylor Melvin for your comments! #CriticalMinerals #EnergyTransition #GeopoliticalSignificance #GBR #SupplyChainSecurity #WesternUSAMining #CopperSupply

If we want to take advantage of this $800B+ opportunity in BC, and contribute to the energy transition, then it can't take 20 years to open a mine. And if we don't, then the minerals the world needs will likely come from countries with actors that may not have the same environmental and labour standards as the Governments of BC and Canada and the Canadian mining industry participants.

Executives from Canadian and international silver mining producers operating in the country have appealed to government to recognise silver as a critical mineral. In a letter addressed to Energy and Natural Resources Minister Jonathan Wilkinson, the executives outlined their reasoning behind their push for silver to be included on the list. For a mineral to be considered for the critical minerals list, it must: be essential to Canada’s economic or national security, be required for the national transition to a sustainable low-carbon and digital economy and contribute to Canada serving as a sustainable and strategic source of critical minerals for its international allies. In addition, critical minerals must satisfy both of the following criteria: the mineral’s supply is threatened, and the mineral has a reasonable likelihood of being produced in Canada. https://lnkd.in/dWv-vkyq

Mining - Morgan Stanley Predicts Massive Investments in U.S. Metals and Mining The US is heavily reliant on China for imported critical minerals, with 50% of domestic consumption depending on imports for 43 of 50 critical minerals. China's dominance in rare earth metals poses a national security threat, and the US faces a multi-decade decline in investment in its domestic mining and exploration industry. The US government is incentivizing domestic mining and separation sectors to boost domestic supply chains and reduce reliance on China. #mining #criticalminerals #china #morganstanley #edenam

via Mining.com.au Trinex Minerals Limited has confirmed spodumene at the Ross Lake Lithium Project in Canada, upon conducting further analysis on selected rock chip samples taken from Dyke 75. The company reports 5 rock chip samples with elevated #lithium oxide (Li2O) assay results from 1.07% to 3.31% were selected for semi-quantitative X-Ray Diffraction (XRD) at SGS Laboratories in Lakefield, Ontario to confirm mineralogy of the samples and the presence of spodumene. Further, the XRD results confirmed that #spodumene is the dominant lithium-bearing mineral in all 5 samples, with up to 37.3% spodumene in sample D00179806. Learn more: https://loom.ly/RAYPdlM #TX3 #TrinexMinerals #ASX

Note for #miningindustry professionals, mineral project reporting is becoming more transparent and comparable from harmonization of the #UnitedNations Framework and the #CRIRSCO Template. Thank you to CIM | Canadian Institute of Mining, Metallurgy and Petroleum for sharing the information. #mining #miningnews #metallurgicalengineering #copper #nickel #cobalt #lithium #preciousmetals #criticalminerals #energytransition #ESG #internationalarbitration #arbitrationlaw #litigation #sustainability #technology #innovation