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HomeCritical Minerals

Critical Minerals

Climate Crisis

Commentary: Why We Shouldn’t Confuse Energy Facts With Wishes – Irina Slav

February 12, 2023 Mariel Alumit

​ By Irina Slav More From Irina Slav A couple of weeks ago, Bloomberg published an article headlined Why We Shouldn’t Confuse Peak Oil With the Price of Bananas, which argued that this time BP was not […]

Transocean
Critical Minerals

Transocean’s Drillship to be Used for Deep-Sea Mineral Exploration

February 10, 2023 Mariel Alumit

Offshore drilling company Transocean has agreed to invest in DEME Group’s subsidiary Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling stake in the company.  GSR is the deep-sea mineral exploratory company engaged […]

coal
Climate Crisis

Phasing out coal in some places may increase consumption in others – study

February 8, 2023 Mariel Alumit

​A recent study published in the journal Nature Climate Change found that countries phasing coal out of the electricity sector need to broaden their policy strategy, or else they risk pushing the excess coal supply […]

Bradda
Critical Minerals

Bradda Head Lithium reports strong hits at San Domingo

February 6, 2023 Mariel Alumit

​Initial results from Phase 1 drilling at Bradda Head Lithium’s (AIM: BHL; TSXV: BHLI; US-OTCQB: BHLO) San Domingo pegmatite project in Arizona returned high-grade intersections, the company said on Monday. Assays returned the best result […]

Critical Minerals

Your Phone Runs On Cobalt From DR Congo -U.S. Department of Labor estimating that 40,000 children work in mines

February 4, 2023 Mariel Alumit

The chances of your phone’s battery being made using cobalt from the Democratic Republic of the Congo (DRC) are, as Statista’s Martin Armstrong notes in this chart using data cited in Statista’s DossierPlus ‘Mining Industry […]

Chinese company in purchasing one of the world's richest cobalt mines from an American company
Critical Minerals

Chinese conglomerate buy American-owned cobalt mine in $3.8 billion deal: Purchase helped China company gain world’s largest deposit of precious metal used to make batteries for electric vehicles

February 4, 2023 Mariel Alumit

Hunter Biden’s investment firm partnered with a Chinese company to buy the world’s larges cobalt mine from an American company in 2016 Biden was one of three Americans who founded the BHR private equity firm […]

Canada
Critical Minerals

Canada faces pressure to ban deep-sea mining

February 3, 2023 Mariel Alumit

​Canada is facing mounting pressure to declare a moratorium on deep-sea mining exploration and extraction as the country hosts an international marine conservation summit starting Friday in Vancouver. Leading to the the fifth International Marine Protected Area […]

Critical Minerals

Taseko confirms talks to up stake in Gibraltar copper mine

February 3, 2023 Mariel Alumit

​Canada’s Taseko Mines (TSX: TKO) (NYSE: TGB) confirmed on Friday it is engaged in negotiations with Sojitz Corp regarding a potential deal to increase its stake in its Gibraltar copper mine in British Columbia. The […]

US
Commodities

US mine production value rises 3.8% to $98 billion in 2022 — USGS

February 2, 2023 Mariel Alumit

​US mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022, an estimated $3.6 billion (~3.8%) increase over the 2021 revised total of $94.6 billion, the US Geological Survey announced Thursday. This information comes […]

Critical Minerals

MMG shuts Las Bambas copper mine due to protests

February 1, 2023 Mariel Alumit

​China-backed miner MMG Ltd has placed its vast Las Bambas copper mine in Peru, the world’s second largest producing nation of the metal, on care and maintenance due to ongoing community unrest triggered by the destitution […]

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