Michael Apicelli’s Post

Exactly. Not because China seeks to be self-sufficient in the minerals needed in batteries. The intent of its “shock and awe” investmemt strategy in Indonesia is to take advantage of Indonesia’s low standards for environmetal protection, labor rights and indigenous rights to be able to produce a cheaper nickel product. Achieving global supply dominance and ability manipulate the global reference price (LME) through oversupply of low cost, low standard nickel is the goal. The objective is to use that dominance and price leverage to undermine the economic standing of nickel producers outside of China and thwart the nascent policy efforts of the IRA to build up secure supply chains in the US. and allies like Australia and Canada. We are seeing this play out in real time with the closure of nickel mines and processing facilities in Australia (and the shelving of expansions). Luckily the US and allies have some of the highest grade deposits of nickel in the world, can harness new innovation in exploration, extraction and mining to be competitive and now have access to the DOE’s Loan Program to finance new (domestic) nickel mines, refineries and recycling. #wecandothis

Gold production increases in Buryatia. Two gold mines “Kholbinsky” and “Irokinda” were merged to increase gold production on the deposits in the Republic of Buryatia. The company “Z GOLD” owning those mines is going to achieve this by long-term development programmes. So taking into account “Irokinda” reserves of 18,5 mt and resources of 21 mt there is going to be involved into service “veins having tendency to develop gold mineralization to the depth, as well as roots of those veins and flanks of the deposit», it is stated on the website of the company. As we can see from this example, deposits and mining companies upgrades and developments are complex and require modern technologies. “TechnoAnalytDevice”, LLC is a company helping the producers to increase their output. We are glad to be at the frontlines of the mining industry! #goldmining, #miningindustry, #xrfanalyzer, #oremining

Hello from a visit near Val-d'Or this week! (literally "Valley of Gold") Meanwhile, the global gold price continues to hover at historic heights. Talking to mining leaders - all are committed to avoid repeating the sins of past excesses when gold prices were high. The industry is acting much more disciplined and diligent this time around. People are not planning future operations based on $2,000 gold prices. Now is the time to invest in productivity and efficiency to improve margins. Talk to us at Mine Vision Systems! We are growing faster than ever right now because we unlock underground production efficiency and productivity.

Even while metal prices are soaring, investors are interested in the lowest possible cost of operations for mining equity plays. Talk to us if you want to improve the effectiveness of underground mining!

The swift rise in copper's price to $10,000 a ton just days after BHP Group's surprising move to acquire Anglo American Plc highlights a deep-seated issue in the mining industry — miners are not building enough mines. Osisko Metals stands as a leader among a new wave of mining firms aiming to reinitiate projects in historic mining areas with its Pine Point Project for lead-zinc and the Gaspé Copper Project in Canada. Our goal is to position Osisko Metals as the premier developer of base metals in North America. Read the full article here: https://lnkd.in/gBZ8prbM #Copper #OsiskoMetals #Gaspé #PinePoint

🌟 Big news in the mining world! #Australia’s BHP, the world’s largest mining company, just threw down a $39B bid for Anglo American, one of its rivals. Talk about shaking things up! Why all the fuss? Well, BHP’s eyeing that sweet, sweet #copper market. With the world going for electrification, copper has become the new #gold. Everybody wants it, from the #US to #China. But this deal's not a done deal. There are hurdles aplenty. Rival bids, government red tape, you name it. Plus, negotiating with countries like #Peru and #Chile, who prefer spreading the love to smaller miners, adds another layer of complexity. Still, it’s a wild ride in the mining world. Can’t wait to see how it all pans out! #MiningMovers #BHPvsAngloAmerican #CopperCraze #Coppermarket #EV #Mining 🚀🌍💰

An Australia that wants to build things again starts with a strong and productive mining industry 🏗️ As a country, we need to double down on what we are best at – producing the minerals and metals required to support Australian industry, so that we can continue to boost growth, productivity and jobs for all Australians. Our new report, Minerals-Plus, sets out a comprehensive strategy to do just that. You can read it here or download it at 👉 https://minera.ls/pluspdf

NEW: US precious metals producer SSR Mining Inc. has halted operations at its flagship Turkish gold mine on Tuesday following a landslide — its second incident at the site within two years. Rescue teams have been sent to the area and nine workers were unaccounted for, according to a statement from Turkey’s Energy & Natural Resources Ministry. Shares plunged 59% on Tuesday, its lowest intraday since January 2016. More than half of SSR’s market value has been wiped out, leaving the Denver-based company with a market capitalization of less than $810 million. Story in Bloomberg News: https://lnkd.in/eQ8r6YDh

Anglo Asian production ramping up after tailings dam approval @AAZMining #AIM #OTC #AAZ #AGXKF. Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said it is ramping up to full production after receiving authorisation to raise the tailings dam wall at the Gedabek mine. Construction of the new wall started on  6 August 2024, with the mine now moving towards normalised production again, according to the gold and copper miner. Agitation leaching and flotation production was suspended while approval for the new wall was sought, which resulted in half-year revenues falling to US$13.4 million from US$30.8 million. Gold bullion sales were 6,000 ounces (H1 2023: 10,506... http://ow.ly/xfrI105JWqv

In 2023, silver demand surpassed supply for the third consecutive year, with the gap expected to widen further in 2024. Primary silver mines contribute approximately only 30% of production, with a significant portion coming as a by-product of mining other metals, such as lead and zinc. These metals are facing their own price pressures leading to mine closures and slowdowns. Recent years have seen stagnation or even a slight decline in overall mining production, due to reduced new projects and limited exploration investments. Looking ahead, unless mining output substantially increases or demand decreases, the silver market is likely to continue experiencing structural deficits, driving up prices and encouraging further investment in silver assets. #silver #ss1 #mavericksprings #sunsilver