Talon Metals Corp.’s Post

In a Newsweek op-ed by Senator Jim Risch, he details the importance of domestic mining and the need for a domestic minerals supply chain. He argues “...control over mineral production will determine our country's future” and with average new mining applications taking 7-10 years, the U.S. is putting itself at a big disadvantage. America has the resources and the know-how, but we have to do better to get our supply chains working for our interests.    Read the full op-ed here: https://lnkd.in/gwJhwpqG   Our Hermosa project - the only advanced project in the United States which could supply two federally-designated critical minerals – zinc and manganese - can help reduce reliance on foreign sources and strengthen America’s national security.

American mining? I have some stuff to digest for you. Do you know why all this mining has been done in China and other countries that don't give two damns about people and nature? For exactly this reason. Not giving a dog's dump about environment and people makes things a lot cheaper. Environmental regulation that actually protects nature and people costs money and if this money must be spent, then the wares coming out of that process are way more expensive. But green fantasists are telling us about how cheap all this Greentech has become when in fact they just dump where we don't have to smell it. American mining - I am all for it. It just won't be cheap. https://lnkd.in/diGWUh9Q

The world's largest copper producers face a number of challenges, according to a recent mining.com report. While global copper prices have risen by about 6% over the past year, the industry is grappling with obstacles that threaten to hinder meaningful output increases. Despite copper's pivotal role in the energy transition, the path to boosting production is riddled with complexities. The need for new deposits to replace maturing mines is becoming increasingly challenging, with heightened social and environmental scrutiny and lengthy permit processes. Around the world, miners are encountering difficulties in developing new projects, with regulatory hurdles and declining ore quality hampering progress. Panama's recent decision to shut down one of the world's largest copper mines following public protests underscores the industry's uphill battle. Despite the pressing need for investment to address supply shortfalls, challenges persist. With mines becoming smaller and more expensive to build and many projects facing significant political and regulatory risks, the future of copper production remains to be determined. What are your thoughts on the challenges facing the copper mining industry? Share your comments below. https://lnkd.in/eEJKJxWn #CopperMining #Supply #MiningIndustry

📰 NEWS | MASSIVE INVESTMENTS FORECASTED FOR MINING INDUSTRY This article highlights the importance of revitalizing and reforming the US Mining & Exploration laws, with the industry seeming set to get a much-needed boost. Reliance on import critical minerals has reached a 30-year high, with more than 50% of domestic consumption dependent on imports and particularly on China, posing a potential national security threat. At the same time, investment in the industry has fallen from a peak of 3.1% GDP in 1981 to just 0.5% GDP today. The US Govt. has been "asleep for decades" but has realized it must play serious catch-up with policy reform and incentives for the private industry to rebuild America's domestic mining footprint. These proposed policy changes, such as those to permitting laws would be "geared toward promoting the development of mining projects" and hold the potential to propel the junior industry forward and catalyze the next generation of domestic discoveries and resources. Early positive signs are the recent DOE loans being approved for Lithium Americas Corp.($2.2B) and Perpetua Resources($1.8B) to help accelerate their respective domestic projects. While undoubtedly good news for the industry, many may express sentiments of "It's about time!" #Mining #Miningnews #miningindustry #usgovt #DOE https://lnkd.in/e54ntCKw

Sunday Times: Neal Froneman, CEO of gold and platinum mining giant Sibanye-Stillwater, says the recently announced redundancies — the third big jobs cut in a year — are the result of plunging commodity prices and years of misgovernment “coming home to roost”. “Falling platinum group metal [PGM] prices have had the single biggest impact on our business, but on top of this the costs of poor government have escalated at an unacceptable rate,” says Froneman. “A government that has lost control of Transnet, forcing us to truck at prohibitive cost our chrome ore, a bulk commodity which should go on rail. A government whose mismanagement of Eskom has seen one of our biggest costs, electricity, escalate by a ridiculous 12%, 14%, 15%. “And of course we’re all plagued with crime and having to spend a fortune on security because we can’t rely on the SAPS. All of these things come home to roost, eventually.” Froneman is in charge of the business workstream on crime and corruption, which seems to be having little tangible effect. “Law enforcement is so broken and the wheels of justice turn so slowly. I’m confident we'll be successful but it’s going to happen over a multiyear timeframe.” He doesn't think a new cadastre system on its own will make much of a difference. “You can introduce new systems but if investors are going to be constantly threatened with expropriation without compensation and nationalisation of mines, they’re just not going to invest, it doesn't matter what systems you put in place. “If we don't get the investment climate right, if we don't get government respecting business, respecting people willing to invest money and put it at risk, they're not going to do it,” Froneman says. “Investment is on strike despite the president claiming all this investment is coming into the country. Most of it is companies investing in ensuring they can provide power for themselves through renewable energy and can lower their carbon footprint. It’s not the capital investment in fixed assets and growth of the industry that will create jobs.”

Mining reforms...

The world's largest copper producers face a number of challenges, according to a recent mining.com report. While global copper prices have risen by about 6% over the past year, the industry is grappling with obstacles that threaten to hinder meaningful output increases. Despite copper's pivotal role in the energy transition, the path to boosting production is riddled with complexities. The need for new deposits to replace maturing mines is becoming increasingly challenging, with heightened social and environmental scrutiny and lengthy permit processes. Around the world, miners are encountering difficulties in developing new projects, with regulatory hurdles and declining ore quality hampering progress. Panama's recent decision to shut down one of the world's largest copper mines following public protests underscores the industry's uphill battle. Despite the pressing need for investment to address supply shortfalls, challenges persist. With mines becoming smaller and more expensive to build and many projects facing significant political and regulatory risks, the future of copper production remains to be determined. What are your thoughts on the challenges facing the copper mining industry? Share your comments below. https://lnkd.in/eeCjAD2G #CopperMining #Supply #MiningIndustry

The world's largest copper producers face a number of challenges, according to a recent mining.com report. While global copper prices have risen by about 6% over the past year, the industry is grappling with obstacles that threaten to hinder meaningful output increases. Despite copper's pivotal role in the energy transition, the path to boosting production is riddled with complexities. The need for new deposits to replace maturing mines is becoming increasingly challenging, with heightened social and environmental scrutiny and lengthy permit processes. Around the world, miners are encountering difficulties in developing new projects, with regulatory hurdles and declining ore quality hampering progress. Panama's recent decision to shut down one of the world's largest copper mines following public protests underscores the industry's uphill battle. Despite the pressing need for investment to address supply shortfalls, challenges persist. With mines becoming smaller and more expensive to build and many projects facing significant political and regulatory risks, the future of copper production remains to be determined. What are your thoughts on the challenges facing the copper mining industry? Share your comments below. https://lnkd.in/gwqhg8fM #CopperMining #Supply #MiningIndustry

Great article by US Senator Jim Risch of Idaho! What is missing and continues to be missing in this dialogue around securing our Nations Critical Mineral production and Supply Chain are American Indian Tribes. I sound like a broken record, but I will continue to say and write these words until in sinks in. 97% of nickel, 89% of copper, 79% of lithium and 68% of cobalt reserves and resources in the U.S. are located on or within 35 miles of our Indian Reservations. These are the top 4 of the 50 Critical Minerals needed to secure out economies future, not just the energy transition. #mining #tribalsovereignty #tribalenergy #energysovereignty #energysecurity https://lnkd.in/g4Ky2hZ6

AS the Marcos administration steps up the revitalization of the mining sector to take advantage of the increasing global demand for energy transition metals, the government is looking at having mining drive green technology and high-quality job growth.