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Keyword: mining

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  • Study: The Amount of Copper Needed for EVs Is ‘Impossible for Mining Companies to Produce’

    05/27/2024 10:17:26 AM PDT · by ChicagoConservative27 · 48 replies
    Breitbart ^ | 05/27/2024 | Lucas Nolan
    A recent study from the University of Michigan has shed light on a critical challenge facing the global transition to electric vehicles: the inability of copper mining to keep pace with the growing demand. Engineering & Technology reports that copper, a crucial component in electricity generation, distribution, and storage, is fundamental to the successful implementation of policies aimed at promoting the adoption of EVs. However, a recent study from the University of Michigan, titled “Copper mining and vehicle electrification,” has revealed that the current rate of copper production is insufficient to meet the projected demand for the metal in the...
  • EVs Twice As Likely To Hit Pedestrians As Gasoline Vehicles

    05/27/2024 7:26:37 AM PDT · by george76 · 51 replies
    Oil price ^ | May 23, 2024 | Alex Kimani
    The London School of Hygiene and Tropical Medicine has found that pedestrians are twice as likely to be hit by an electric or hybrid car than by a gasoline- or diesel-powered vehicle. The scientists have hypothesized that the relatively quiet operations of an electric vehicle as well as high pedestrian density in noisy urban areas could be major reasons. The study uncovered a pedestrian casualty rate of 5.16 per 100 million miles driven for electric and hybrid vehicles, more than double the 2.4 per 100 million miles recorded for traditional gasoline-powered cars.
  • DOWN WITH COAL?

    05/21/2024 4:57:28 PM PDT · by Signalman · 8 replies
    Power Line ^ | 5/21/2024 | John Hinderaker
    The Biden Administration is determined to limit America’s production of fossil fuels, of which we have the largest supply in the world. This will transition us from a position of energy independence, and potentially energy dominance, into a position of subservience to the Chinese Communist Party, on which we will depend for the vast quantities of materials that are needed for wind turbines, solar panels and batteries–which we will not be allowed to mine here. If this plan isn’t outright treasonous, it is possibly the stupidest program ever carried out by a government in world history. The stated rationale for...
  • Cameco, uranium names surge as U.S. set to offer up to $3.4B in funding

    05/19/2024 8:07:32 AM PDT · by Miami Rebel · 10 replies
    SeekingAlpha ^ | May 17, 2024 | Carl Surran
    Uranium producers including Cameco (NYSE:CCJ) and Denison Mines (DNN) are surging Friday following news that the U.S. government will ask companies to bid next month on contracts for as much as $3.4B of domestically produced nuclear reactor fuel.
  • Copper prices hit a record, breaking $5 per pound for the first time

    05/14/2024 11:56:21 AM PDT · by Miami Rebel · 43 replies
    Forexlive ^ | May 14, 2024 | Adam Button
    The May and June US copper contracts both touched $5 per pound today, a record high for the metal. The story is well-known and something I've been writing about for years: There has been minimal investment in new supply and the green transition is incredibly copper-intensive. The latest leg is also benefiting from current and future demand for data centers and electricity in general. In addition, China's economy is improving and it's responsible for about 50% of global copper demand. The picture remains impressive. Goldman Sachs last month said copper is in "the foothills of what will be its Everest"...
  • Critics blast Biden administration’s new ‘conservation leases,’ which they say are illegal

    04/23/2024 7:18:05 AM PDT · by Twotone · 6 replies
    Just the News ^ | April 20, 2024 | Kevin Killough
    The Biden administration Friday rolled out three decisions aimed at greatly restricting oil and gas drilling, as well as mining activities needed for renewable energy, on public land. The decisions include shutting down the Ambler Access Road project, which would have opened up part of Alaska to mining needed for renewable energy, and blocking oil and gas drilling on up to 13 million acres of the National Petroleum Reserve-Alaska. Conservation Leases The third action the Interior Department took Friday was the finalizing of the Public Lands Rule. According to a statement from the Department of the Interior, the rule is...
  • Biden plans to kill project that could end China’s dominance on minerals needed for green energy

    04/18/2024 6:15:20 AM PDT · by Red Badger · 12 replies
    Just The News ^ | April 17, 2024 11:00pm | Kevin Killough
    The Ambler Access Road project would open up mining opportunities in Alaska that would supply critical minerals used in solar panels, wind turbines, and electric vehicle batteries. The Biden administration is expected to deny approval of the road, increasing our reliance on China. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Biden administration is expected this week to deny approval of an Alaskan road that would provide access to potential mining opportunities in a very remote region of the state. The Ambler Access Road project is a proposed 211-mile gravel road that would connect a mining district in west-central Alaska to the Dalton Highway that runs...
  • Elon Musk And Javier Milei Meet In Texas, Speak About Boost Of Free Markets

    04/13/2024 11:02:09 AM PDT · by Navy Patriot · 9 replies
    One America News ^ | April 13, 2024 | Abril Elfi
    Space X CEO Elon Musk and Argentinian President Javier Milei have met in Texas and spoke about working together to promote free markets and potential lithium projects. President Javier Milei’s chief spokesperson said that during their visit to Tesla’s Austin headquarters, the two talked about a range of issues, including the need to boost declining birth rates globally and the pursuit of technological advancement while upholding “liberty.” Musk has previously expressed his admiration for Milei’s unabashed support of private enterprise as well as his distaste for what he considers to be socialist excesses.
  • Two mines in North Carolina are the world's only producer of the quartz necessary for semiconductor manufacturing

    04/05/2024 6:11:10 AM PDT · by Red Badger · 60 replies
    Tech Spot ^ | March 24, 2024 at 7:55 AM | Erika Morphy
    Why it matters: Ultra-high-purity quartz is an essential component to semiconductor chips, and the only places in the world that can meet this need are two mines in a small North Carolina town. The mines' owner, Sibelco, is investing $700 million to expand capacity, but is that enough to keep up with AI-fueled chip demand? Spruce Pine is a small town about two hours drive northwest of Charlotte, NC. You can get to the general area via a number of ways, depending on your point of origin, but for the last stretch of the trip, you need to travel down...
  • Locals Slam Zimbabwe for Turning a Blind Eye to Chinese Miner’s Violations

    04/05/2024 5:04:57 PM PDT · by nickcarraway · 3 replies
    MONGABAY ^ | 1 April 2024 | Tatenda Chitadu
    -Mining workers and villagers near the Bikita Minerals lithium mine in Zimbabwe accuse the government and Chinese mining company Sinomine Resource Group of sidelining environmental and social standards in the scramble for lithium. -After a series of displacements, spills, labor abuses, a death, and little action by authorities, locals and experts accuse the government of failing to enforce its own laws and letting bad mining practices run loose. -According to industry experts, in theory, Chinese investments come with an increasingly robust set of ESG standards, but in practice these aren’t followed if host countries “shy away” from making such demands...
  • Incredible map shows the places on the moon where US, China and Russia are racing to find 'infinite energy' or trillions of dollars in minerals by 2030

    03/30/2024 6:45:00 PM PDT · by Libloather · 73 replies
    Daily Mail ^ | 3/30/24 | Rob Waugh
    Incredible map shows the places on the moon where we might find ‘infinite energy’ or trillions in minerals by 2030. A new space race is warming up after half a century, with Russia, China and America racing to put robots, human astronauts and even lunar trains on the moon. The prize is enormous, with resources ranging from ‘rare earth’ minerals used in electronics to Helium-3, a potential energy source which could power a nuclear fusion revolution offering infinite clean energy. Morgan Stanley has previously suggested that the global space industry could be worth $1 trillion annually by 2040 - and...
  • Huge News Out of Minnesota: Exploratory Drill Has Discovered What Is Likely the Biggest Find in North America to Date (Helium)

    03/02/2024 9:04:45 PM PST · by bitt · 58 replies
    thegatewaypundit.com ^ | 3/2/2024 | George C. Upper III, The Western Journal
    A new find of underground helium in Minnesota could turn out to be one of the largest in the world, Minneapolis’s WCCO-TV reported Thursday. The drill site, just outside Babbitt in the northeastern part of the state, took about a month from initially breaking ground to get to a depth of 2,200 feet. What it found there, Pulsar Helium CEO Thomas Abraham-James called “a dream.” “There was a lot of screaming, a lot of hugging and high fives. It’s nice to know the efforts all worked out and we pulled it off,” Abraham-James told WCCO. He said that the concentration...
  • Wyoming's Rare Earth Breaks China Dependency

    There is excellent news for the American industry, economy, and international trade sectors. The discovery of colossal rare earth deposits in Wyoming could essentially restructure the global supply chain of these crucial elements in the near future. A discovery of 2.34 billion metric tons of rare earth elements (REEs) in a mine outside of Sheridan, Wyoming, has generated great excitement across industries stateside. For one, the reserves are estimated to be bigger than China’s current reserves, implying that this single find could end America’s reliance on Chinese exports if exploited judiciously.
  • Rare Earths Discovery Near Wheatland So Big It Could Be World Leader

    02/12/2024 11:46:15 AM PST · by yesthatjallen · 45 replies
    cowboystatedaily ^ | 02 07 2024 | Pat Maio
    There’s a modern-day gold rush happening in the attempt to dig green-energy rare earth minerals out of the ground. Some believe Wyoming could be America’s answer to China’s lock on the market. And one of a handful of Wyoming companies in the rush may have hit the mother lode. American Rare Earths Inc. has its sights on thousands of acres of land near Wheatland, Wyoming. The company disclosed in a technical report on Wednesday that it found 64% more rare earth minerals than it had originally envisioned in a March 2023 assessment of the land. The newly disclosed figure of...
  • On Fast Track, Mining Company Goes After 1 Million Ounces of Wyoming Gold

    01/25/2024 8:15:54 PM PST · by Red Badger · 5 replies
    Cowboy State Daily ^ | January 24, 2024 | Pat Maio
    The CK Gold Project is on a fast track to complete state permitting and start mining land near Curt Gowdy State Park for what it believes is 1 million ounces of Wyoming gold. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Technicians with Buckley Powder Co., a Cheyenne-based explosives service company that blasts rock in quarries, helped perform seismic tests on land near Curt Gowdy State Park that U.S. Gold Corp. wants to mine for gold and copper. The technicians just loaded a 50-foot hole with explosives and are preparing for a test they performed in 2022. (Courtesy U.S. Gold Corp.) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Mining expert George Bee was...
  • Members Initiate Probe Into SEC's Rule Change Permitting Foreign Agents and Radical Activists to Control America's National Parks and Lands

    01/17/2024 2:46:18 PM PST · by Tench_Coxe · 22 replies
    Today, House Committee on Natural Resources Chairman Bruce Westerman (R-Ark.) and Subcommittee on Oversight and Investigations Chairman Paul Gosar (R-Ariz.) led a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and Director Haoxiang Zhu, seeking information on a proposed rule change to permit the listing of Natural Asset Companies (NACs) on the New York Stock Exchange (NYSE).
  • Norway Breaks Ground as First Nation to Approve Deep-Sea Mining

    01/13/2024 2:22:11 PM PST · by nickcarraway · 4 replies
    EuroWeekly News ^ | 12 Jan 2024 | Catherine McGeer
    Nod to deep-sea mining sparks global concerns. Image: Shutterstock/Hermann Viria IN a historic move, Norway has become the first country to approve commercial-scale deep-sea mining, passing a bill in its Parliament on January 9. The legislation aims to accelerate the search for minerals crucial for green technologies, including electric vehicle batteries. This decision permits exploration in approximately 280,000 square metres of the country’s national waters, equivalent to the size of Italy, situated in the Arctic between Svalbard, Greenland, and Iceland. What Lies Beneath: Minerals and Green Technology While the Norwegian government asserts caution, Energy Minister Terje Aasland emphasised the need...
  • Around 200 job cuts proposed to reopen Tara Mines [Ireland]

    01/05/2024 10:40:37 PM PST · by Olog-hai · 1 replies
    RTÉ News ^ | Friday, 5 Jan 2024 19:34 | Laura Hogan, North East Correspondent
    Workers at Tara Mines in County Meath have been asked by the company to express their interest in a proposed voluntary severance scheme. Staff at Europe’s largest zinc mine were today updated by management on its plans to reopen the facility outside Navan in the second quarter of this year. The site was placed under care and maintenance last June, with 650 workers temporarily laid off. At the time, the company said it took the decision in response to unsustainable losses, and cited a decline in the price of zinc, high energy costs and inflation as some of the reasons...
  • Transitioning away from fossil fuels

    12/28/2023 2:19:03 AM PST · by Jyotishi · 48 replies
    The Pioneer ^ | Sunday, December 24, 2023 | B. K. Singh
    OPINION The USA, Canada, Australia, Norway and the UK which had the moral responsibility to rapidly phase out oil and gas production are responsible for planned expansion from new oil and gas fields for next decade and half. How can these countries advise India to cut on coal consumption? Our greenhouse gas emission is nearly 3 Giga tonnes of CO2 equivalent annually. We are distant third behind the two top emitters China with 14 Giga tonnes and the US with 8 Giga tonnes Among the important outcomes, COP 28 text proposes to triple renewable energy capacity and double the global...
  • I'm looking forward to watching California environmentalists argue with each other over whether or not they should mine this lithium for electric cars.

    12/26/2023 3:03:54 PM PST · by grundle · 24 replies
    Twitter ^ | December 26, 2023 | Daniel Alman from Squirrel Hill @DanielAlmanPGH
    I'm looking forward to watching California environmentalists argue with each other over whether or not they should mine this lithium for electric cars.