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Report encourages mining industry to target smaller mineral deposits to fill the critical minerals supply gap
Canada has an abundance of small, high-grade mineral deposits. There just doesn’t seem to be much of an appetite by the mining industry to tap into them. Small deposits are being overlooked, said a report prepared by B.C.-based Common Good Mining, because of the perception that they’re not economic due to assumed high costs, and lack of infrastructure or technology to put them into production.
But small-scale mining is a business model that’s worth exploring, (said the report), especially if Canada requires more critical minerals to feed the green-tech revolution.
Common Good Mining has a stable of nickel, copper and zinc projects in southwest B.C. and is taking a modular mining approach with its high-grade properties. This report was released through MICA, a mining innovation group in Sudbury. Canada hosts 31 metals that are designated as strategic critical metals, particularly lithium, nickel, graphite, rare elements, cobalt, manganese, phosphate and copper.
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