Rio Tinto to favour development over acquisition of copper mines — exec – by Editor (Mining.com – April 17, 2024)
Republic of Mining
by Stan
17h ago
https://www.mining.com/ Rio Tinto (ASX, LON, NYSE: RIO) will prioritize developing new copper mines over acquiring new ones to achieve its goal of producing one million tonnes of the metal annually within the next five years, copper boss Bold Baatar has said. Speaking at the CRU World Copper Conference in Chile, the executive noted that to ... Read more ..read more
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Northeastern Ontario glitters with record gold prices and municipal leaders see lots of pluses – by Nishat Chowdhury (CBC News Sudbury – April 15, 2024)
Republic of Mining
by Stan
17h ago
https://www.cbc.ca/news/canada/sudbury/ Gold prices topped $2,400 US an ounce last week Record-high gold prices are welcome news for mining operations in northeastern Ontario as the metal continues to surge in the market. Gold prices topped $2,400 US an ounce last week, a 20 per cent increase from the same time in 2023. Some mayors from northeastern ... Read more ..read more
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Pursuing mining initiatives in Indigenous communities requires balance – by Sam Laskaris (Windspeaker.com – April 8, 2024)
Republic of Mining
by Stan
17h ago
https://windspeaker.com/ Darrell Beaulieu believes it’s a balancing act for Indigenous communities to prosper in the mining industry. Beaulieu is the president and CEO of Denendeh Investments Incorporated, an Indigenous- owned corporation representing the 27 First Nations in the Northwest Territories. He’s also president of the Denendeh Mining and Exploration Company (DEMCo). Beaulieu was in Toronto ... Read more ..read more
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Judge orders Alberta to hand over documents related to coal policy – by Emma Graney (Globe and Mail – April 17, 2024)
Republic of Mining
by Stan
17h ago
https://www.theglobeandmail.com/ The Alberta government has been ordered by a court to hand over a swath of records pertaining to its 2019 decision to quietly nix a policy governing where coal mines can be built in the province. The case stems back to 2020, when a group of Southern Alberta ranchers requested records around the United ... Read more ..read more
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Codelco Eyes Partnerships to Help Boost Ailing Copper Production – by James Attwood and Jack Farchy (Bloomberg News – April 15, 2024)
Republic of Mining
by Stan
17h ago
https://www.bnnbloomberg.ca/ (Bloomberg) — Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a production slump and surging debt. Chairman Maximo Pacheco expects “some conclusions” this year from teams negotiating an operational tie-up between its Andina mine and Anglo American Plc’s adjoining Los Bronces, he said Monday ... Read more ..read more
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Bjorn Lomborg: Why solar and wind power aren’t winning (Financial Post – April 17, 2024)
Republic of Mining
by Stan
17h ago
https://financialpost.com/ All-in costs too high once you count fossil fuel and battery backups, land requirements and damage their equipment does We are constantly being told that solar and wind are now the cheapest forms of electricity. Yet governments around the world felt they had to spend US$1.8 trillion on the green transition last year. Wind ... Read more ..read more
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Opinion: Canada has all the elements to be a winner in global energy — Now let’s do it – by Mike Rose (Calgary Herald – April 15, 2024)
Republic of Mining
by Stan
17h ago
https://calgaryherald.com/ There has never been a more urgent time to aggressively develop Canada’s massive resource wealth. An increasingly competitive world is organizing into new alliances that are threatening our traditional Western democracies. Weaker or underperforming countries may be left behind economically and, in some cases, their sovereignty may be compromised. We cannot let either scenario ... Read more ..read more
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Indigenous loan guarantee program could transform resource sector in Canada – by Wendy Stueck and Niall McGee (Globe and Mail – April 17, 2024)
Republic of Mining
by Stan
17h ago
https://www.theglobeandmail.com/ The federal government has launched its long-awaited Indigenous loan guarantee program, a move advocates say will help Canadian critical minerals infrastructure get built more quickly, and facilitate increased direct First Nations ownership in resource projects. Ottawa’s budget released Tuesday outlines a program that would provide up to $5-billion in loan guarantees and be “sector ... Read more ..read more
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How a US$10 billion mine became a cautionary tale for the energy transition – by Jacob Lorinc (Bloomberg News – April 16, 2024)
Republic of Mining
by Stan
17h ago
https://www.bnnbloomberg.ca/ When the group of mining executives arrived at Panama’s regal Palacio de las Garzas, they were ushered past the ornate, wood-paneled ceremonial rooms and straight to the private office of the president. This was December 2016, before the upswell of anti-mining protests that would throw the country into chaos, and the team from First ... Read more ..read more
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Climate warrior Jane Goodall isn’t sold on carbon taxes and electric vehicles – by John Paul Tasker (CBC News Politics – April 13, 2024)
Republic of Mining
by Stan
3d ago
https://www.cbc.ca/news/politics/ ‘It’s not something I endorse,’ British primatologist says of carbon taxes World-renowned primatologist and climate activist Jane Goodall says carbon pricing schemes like the one Canada has deployed aren’t a silver bullet to solve the pressing threat of climate change. Speaking to CBC News during the Ottawa stop of her cross-country tour of Canada ... Read more ..read more
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