Mineral Mapping in Guyana
CEO Emily King in Guyana this week!

Mineral Mapping in Guyana

🔥  What's New 

Prospector In Guyana!

CEO Emily King is in Guyana this week to kickstart a contract for mineral mapping in Guyana’s mining sector! The Prospector team is excited to support this project by utilizing our technology to sort through the country’s historical data and build a digital data platform to bolster the Government’s efforts to explore for gold and critical minerals.

Click the photo to learn more about the project!

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This Roundup is brought to you in collaboration with KPI Mining Solutions.

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📰 In The News

China Puts Canada’s Mining M&A Restrictions To The Test

  • Canada has been actively working to reduce foreign state influence in its mining sector, particularly targeting Chinese firms, which has led to growing tensions.
  • Chinese company Zijin Mining Group is challenging Canada's regulatory approach in court, specifically opposing the government's potential review of its purchase of a gold mine in Peru.
  • The strict Canadian policies have faced criticism from smaller domestic mining firms, which argue that the restrictions hinder necessary investment without posing a significant security threat.

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Devon University Relaunches Mining Degree

  • The University of Exeter is relaunching its undergraduate mining engineering degree at the Penryn Campus in Cornwall after a five-year hiatus, with the first cohort starting in 2025.
  • The program, delivered by Camborne School of Mines, aligns with the university's 2030 strategy to address the climate emergency and meet the growing demand for critical minerals.
  • The relaunch is supported by industry leaders, who emphasize its importance for training future mining engineers essential to the transition to Net Zero.

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Critical Minerals Are The Key To 21st-Century Tech. Here's The 'Trilemma' That Defines How To Mine Them

  • The era of "big oil" is being replaced by the era of "big shovels," as critical minerals become essential to the global economy, with governments recognizing the need for secure and sustainable supplies.
  • Policymakers face a trilemma in balancing security, cost, and sustainability in mineral strategies, with the risk of geopolitical fragmentation if countries compete rather than collaborate on critical mineral access.
  • An international approach to critical minerals must prioritize the interests of developing countries, ensuring that extraction does not come at the cost of environmental degradation or the displacement of local populations.

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Western Australia Gold Mining Ripe For More (Friendly) M&A

  • The Western Australian gold sector is experiencing significant consolidation, driven by record gold prices and mergers, such as the recent deals involving Red 5, Silver Lake Resources, Westgold Resources, and Karora Resources.
  • Mid-tier gold producers in WA are under pressure to reach a production threshold of around 400,000 ounces per annum to remain relevant, leading to ongoing merger and acquisition activity, with companies like De Grey Mining and Spartan Resources as potential targets.
  • While mid-tier consolidation continues, larger companies like Gold Fields and Northern Star Resources are focusing on organic growth and exploration partnerships rather than pursuing further acquisitions.

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❓  Prospector Poll

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Ana Gabriela Juarez

President CTA Environmental Consultants I Founder WIM Central America I Non-Executive Board Director NED I Sustainability I WIM100 awardee - 100 global inspirational women in mining I Best-selling Author

2mo

Awesome Emily!

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Reply
Mariea Kartick, P. Geo.

Project Manager | Mining, Minerals & Metals | Critical Minerals

2mo

So happy to see mineral development in my home Country!! One Guyana! 😊

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