The Mining Association of B.C. reveals that if approved, over a dozen new critical-mineral mines in the province could generate an average of $1 billion in revenue each per year. The study commissioned by the association emphasizes the economic potential of critical minerals, surpassing industries such as wood product manufacturing, motion pictures, and residential building construction combined. The report, part of British Columbia's upcoming critical minerals strategy, outlines the transformative impact on the mining sector, aiming to position the province as a global supplier of responsibly produced critical minerals for the world's energy transition. https://lnkd.in/gg2DB9k8 #mabc #kutcho #kc #mining #copper #criticalminerals #bc #invest
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Mining Journal sister publication MiningNews.net held a conference today in Sydney, Mining News Select, where industry experts shared some key insights and predictions on the #resources industry. 🌪 Despite economic headwinds, there are plenty of reasons for a bullish resources outlook, mining investment personality Rick Rule told delegates. Rule said there had been three decades of under-investment in natural resource capacity, and given increasing urbanisation in countries such as India, Indonesia and Brazil, there was a "hugely bullish" outlook for materials including #copper. https://lnkd.in/eC7vqPtp 🏭 The conference also heard about navigating the long and winding energy transition and what the fine print around critical minerals is and how China's dominance is likely to evolve. https://lnkd.in/eD9thz-6 🔌 MiningNews.net also spoke to copper producers PolarX Limited , Alma Metals , Emmerson Plc and Helix Resources Limited https://lnkd.in/eRjmMmPz #mnssydney #energyminerals #criticalminerals #china #lithium #copper #nickel #miningstocks #mininginvestment
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Critical thinking: How to capitalise on Australia’s critical minerals opportunity Australia's critical minerals mining sector is at a fork in the road. PwC's recent analysis shows that only 121 out of 696 projects across the mining life-cycle are investable, with many lacking the necessary scale. To overcome this, we must draw on our success in bulk commodities and implement mechanisms to attract private capital. Developing mining project clusters in regions with high mineralisation and existing infrastructure can help achieve economies of scale. By strengthening collaboration and testing innovative financing models, we can accelerate the growth of our critical minerals industry. #Mining #CriticalMinerals #Australia #Innovation Read the full article find out more https://pwc.to/3NG7h6f
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Did you know that the global mining industry faces an estimated 9,000 tailings ponds? These environmental liabilities represent a significant challenge - and opportunity. At Tersa Earth, we're working to transform these liabilities into assets. Our innovative approach could unlock up to $10 billion a year in recovered energy metals and critical minerals in Canada alone. #MiningInnovation #CircularEconomy #CriticalMinerals
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Ministry of Mines Launches Second Tranche of Auction of Critical and Strategic Minerals. 18 Critical Mineral blocks spread across Eight States to be Auctioned; 17 blocks for Composite Licence and One Mineral Block for Mining Lease. #criticalminerals #auction #miningindustry #battery #minerals
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Yesterday, the Government of Canada announced over $4 million to support #criticalminerals value chain and job creation in Canada. This money comes from Budget 2021, which provided $47.7 million to NRCan for the Critical Minerals Research Development and Demonstration (CMRDD) program to support the development of Canadian critical minerals value chains. We're proud of our critical minerals exploration project, knowing it is something that our country sees immense value in, and is positioned to support. Discover how we're doing our part in developing a critical minerals value chain through the exploration of our four projects in the exceptional Bathurst Mining Camp: https://lnkd.in/ggTp5dJY #NineMileMetals #MineralExploration #Mining #MiningIndustry #greenfuture
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The Fraser Institute provide an excellent annual survey ranking overall investment attractiveness for mining relevant countries/states, based on a combination of prospectivity (mineral potential) and minerals policies (policy perception index). The survey not only provides a useful comparison between territories, but also demonstrates how these perceptions have changed over time. One aspect from this year's survey that is particularly worth noting is WA sliding to 17th overall on policies from 4th in 2021. We need to reflect on this in light of the increase in minerals supply needed for energy transition and the potential for Australia to benefit from our critical minerals endowment - as covered in Aussie Mine 2023: Critical choices (https://lnkd.in/grpMnZBC). Notably, the Fraser Institute survey was prior to the most recent government investment incentives. More can be done to regain this lost ground and position WA as one of the best places to invest, #Australianmining
Annual Survey of Mining Companies, 2023
fraserinstitute.org
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Good to speak at the Victorian Gold Exploration and Mining Conference today with my colleague Shane Evans about the policy priorities government needs to implement to attract investment in mining. Victoria must make the most of the opportunity in gold, rare earths, mineral sands and other minerals in our state. Having the resources in the ground is not enough. Victoria needs an approvals system that can convert discoveries into mines. The number of speakers with incredibly prospective projects in one one of the worlds richest gold regions gives reason to be optimistic. With a new investment facilitator, multiple mines in the EES stage of development, an active skills program by industry, and a critical minerals strategy in the making from government, Victoria is is on the verge of becoming a bigger mining state.
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I just finished The War Below by Ernest Scheyder. Great job by the author in presenting the main contemporary challenges of the global mining industry to achieve the objectives of the energy transition. Highly recommended to understand the geopolitical game of critical minerals, marked by a growing demand for minerals and great tensions between the US and China. As a mining country, Chile is mentioned several times (the author even visited CODELCO's El Teniente Mine) and plays an indispensable role in the global supply of copper, lithium and other strategic minerals. The inevitable conclusion is that we need mining, but a better and responsible one. #mining #criticalminerals #energytransition #copper #lithium
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We are pleased to provide an update on the sale of certain tenements at the Nepean Nickel Project to Rocktivity Mining. Following discussions, FBM has agreed to revise the deferred consideration to $1.04 million, which includes: ✅ $265,000 received on 18 June 2024 ✅ $773,656 due on or before 25 September 2024. The revised deferred consideration is in addition to the $2.8 million in cash consideration previously received under the tenement sale agreement. In addition, Rocktivity will: ✅ Grant FBM a 1% net smelter royalty on all minerals and metals produced from the Nepean Nickel Project ✅ Pay an additional $500,000 subject to the achievement of specific milestones. Our Managing Director and CEO, Nick Rathjen, commented: "We are pleased to have reached a positive and sensible commercial compromise with Rocktivity. The outcome allows us to conclude the successful disposal of the Nepean asset, in what remains a particularly depressed nickel market environment. This further rationalisation of our asset portfolio also allows a sharper focus on our flagship projects, the Kangaroo Hills and Miriam Lithium Projects in the W.A. Goldfields. The final payment from Rocktivity will further strengthen our cash position, reinforcing our commitment to advancing these strategically positioned projects through smart, cost-effective exploration.” Read the full announcement here: https://bit.ly/4gpCZ4V #FutureBatteryMinerals #FBM #NepeanNickel #Mining #WesternAustralia
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With the exploration of critical minerals mining advancing in Alberta, so to is the need to develop better tailings management practices to set us up for successful reclamation in the future. That is exactly what the Centre for Energy and Environmental Sustainability aims to do for our industry partners. By characterizing the clays present in your mine’s tailings, the Centre can help you build a tailings management strategy that sets you up for a simpler and faster reclamation process. Your impact in mine tailings management starts right now, right here. 👇 https://lnkd.in/gXMpc24e #NAITAppliedResearch #MakeYourImpact #TailingsManagement #Mining #CriticalMinerals #Tailings #Sustainability
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