New bans on Russian metals mean China will buy low and sell high to supply the U.S., Europe, and UK – by Ernest Hoffman (Kitco News – April 19, 2024)
Republic of Mining
by Stan
1h ago
https://www.kitco.com/ (Kitco News) – Last Friday at midnight, the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME) enacted the most comprehensive limitation on Russian exports to date: a ban on all Russian metal produced after April 12. The move was made to bring the LME into compliance with the latest U.S. and U.K. ... Read more ..read more
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Nickel resources grow at Timmins exploration site – by Ian Ross (Northern Ontario Business – April 19, 2024)
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by Stan
1h ago
https://www.northernontariobusiness.com/ Aston Minerals endowed with both gold and nickel deposits at its Edleston Project A promising new nickel sulphide project in the Timmins area is growing in size and tonnage. Aston Minerals has released a new mineral estimate of its two deposits at its Edleston Project, showing a 44 per cent bump in the indicated ... Read more ..read more
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‘Stunning reversal’: Nuclear power has gone from pariah to saviour and Canada could reap the benefits – by Joe O’Connor (Financial Post – April 18, 2024)
Republic of Mining
by Stan
1h ago
https://financialpost.com/ Canada’s top uranium producer, used to being overlooked at global climate forums, got front-row billing last year in Dubai. But will this nuclear renaissance stick? Tim Gitzel was accustomed to being overlooked by the organizers of the United Nations’ annual climate change conference, a.k.a. COP. The meeting attracts a who’s who of the decarbonize-by-2050-or-else ... Read more ..read more
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Gemfields sapphire miners relieved as Queensland government halts small-scale mining claim reforms – by Jasmine Hines (Australian Broadcasting Corporation – April 18, 2024)
Republic of Mining
by Stan
1h ago
https://www.abc.net.au/ When Amber Betteridge moved her family to Queensland’s Gemfields to hunt for sapphires, she never imagined she’d become locked in a “David versus Goliath” fight against the Queensland government. Soon after she arrived, the state government put forward a proposal to limit small-scale mining claim tenures to 15 years to crack down on people ... Read more ..read more
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Indonesia’s grand ambition to become an EV leader rests on nickel mining boom – by Yvonne Lau (Canada’s National Observer – April 19, 2024)
Republic of Mining
by Stan
1h ago
https://www.nationalobserver.com/ The Kawasi people of Indonesia’s Obi Islands have long fished for tuna, red snapper and grouper, and grown coconut, cashew and clove trees. But some village residents say their land and water have been destroyed and the quality of life has plummeted in the years since Harita Nickel, the $5-billion arm of Indonesian conglomerate ... Read more ..read more
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Gold prices keep smashing records giving miners hope they can escape the doldrums – by Gabriel Friedman (Financial Post – April 19, 2024)
Republic of Mining
by Stan
4h ago
https://financialpost.com/ Stocks of the world’s largest miners have yet to catch the wave from bullion’s rise The price of gold is smashing records on a near daily basis, yet that somehow hasn’t translated into higher profits for gold miners — at least not yet. Analysts and portfolio managers who cover gold miners say that after ... Read more ..read more
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Growing demand for minerals sparks Indigenous outcry over ‘business as usual’ mining practices – by Fabiano Maisonnave (Associated Press – April 18, 2024)
Republic of Mining
by Stan
4h ago
https://apnews.com/ BRASILIA, Brazil (AP) — Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining that takes place on or near their lands, an issue that has become more acute with increased demand for minerals needed in the transition to a cleaner energy system. “We ... Read more ..read more
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Hundreds attended nuclear event in Ignace – by Mike Stimpson (NWO Newswatch – April 15, 2024)
Republic of Mining
by Stan
6h ago
https://www.nwonewswatch.com/ “Words alone cannot explain the excitement and joy we had as a township to host one of the most important nuclear learning events that this community has ever witnessed.” IGNACE — More than 500 people checked out the Northwest Nuclear Exploration Event last Friday and Saturday at the Ignace Recreation Centre, according to the ... Read more ..read more
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‘Enough hot air, we want fresh air’: How a wildcat miners’ strike helped change Ontario labour law – by Jamie Bradburn (TVO Today – April 18, 2024)
Republic of Mining
by Stan
6h ago
https://www.tvo.org/ Fifty years ago, uranium miners in Elliot Lake hit the picket line, triggering a series of events that led to protections for all workers in the province “Silicosis is an incurable lung disease that can lead to disability and death. Silicosis is the result of the body’s response to the presence of silica particles ... Read more ..read more
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Biden vows to shield US steel industry by blocking Japanese merger and seeking new Chinese tariffs – by Chris Megerian and Will Weissert (Associated Press – April 16, 2024)
Republic of Mining
by Stan
6h ago
https://apnews.com/ PITTSBURGH (AP) — President Joe Biden suggested to cheering, unionized steelworkers on Wednesday that his administration would thwart the acquisition of U.S. Steel by a Japanese company, and he called for a tripling of tariffs on Chinese steel, seeking to use trade policy to win over working-class votes in the battleground state of Pennsylvania. ... Read more ..read more
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