U.S. says Chinese lithium-ion batteries are made with child labour as trade war spills into EVs – by Naimul Karim (Financial Post – October 18, 2022)

https://financialpost.com/

Experts say it’s a subtle example of how the U.S. intends to offset Beijing’s influence over a once-in-a-lifetime technological change

The U.S. government’s decision to tie a generous electric-vehicle subsidy to inputs from friendly countries was an obvious attempt to shift the EV supply chains away from China.

But the power of the purse isn’t the only strategy available to Washington. The Biden administration in late September added lithium-ion batteries from China to the U.S. Labor Department’s list of products derived from child and forced labour, a more subtle example of how the United States intends to offset Beijing’s influence over a once-in-a-lifetime technological change, some industry insiders say.

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Analyst: “green hydrogen” is a bunch of hot air – by Joan Baxter (Halifax Examiner – October 19, 2022)

https://www.halifaxexaminer.ca/

The Nova Scotia government is going all-in on “green hydrogen,” but a leading analyst says hydrogen is “starting to look like an economic bubble.”

Last Wednesday, the keynote speaker at the opening of the World Hydrogen Congress in Rotterdam told hundreds of attendees that, “hydrogen is starting to look like an economic bubble.”

Five days later, on Monday, Nova Scotia Natural Resources and Renewables Minister Tory Rushton gushed in a press release that, “Green hydrogen is a clean-burning fuel that can help with our transition to green, renewable energy in circumstances where fossil fuels cannot easily be replaced.”

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Canadian firm Iamgold sells mining interests in Suriname (Jamaica-Gleaner – October 19, 2022)

https://jamaica-gleaner.com/

IAMGOLD Corporation of Canada announced on Tuesday that it has entered into a definitive agreement to sell its 95 per cent stake in the Rosebel mines in Suriname to Zijin Mining Group Company Limited of China.

In a statement, IAMGOLD, which also operates mines in Burkina Faso and Canada, said sale is for a cash consideration of US$360 million and includes the release of IAMGOLD’s equipment lease liabilities in Rosebel Gold Mines NV amounting to approximately US$41 million.

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Diane Francis: Canada is a lightweight nation – by Diane Francis (Financial Post -October 17, 2022)

https://financialpost.com/

OPEC kicked the United States, the West, and the world’s poorest nations in the teeth recently with oil production cuts that will raise prices to help finance Russia’s war against Ukraine and Europe. And what has Canada done to help allay this situation, given that it is a country with one of the biggest oil and gas reserves on the planet?

There’s no indication that Canadian Prime Minister Justin Trudeau phoned President Joe Biden immediately offering to help the global economy and war effort by shipping two million more barrels of oil a day to the U.S. Has he offered to build a natural gas pipeline and LNG projects in Eastern Canada to help Germany and Europe permanently replace Russian gas?

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Canada’s ‘tenuous hold’ in Arctic could be challenged by Russia, China, says top soldier – by Murray Brewstar (CBC News Politics – October 18, 2022)

https://www.cbc.ca/news/politics/

Gen. Wayne Eyre said that while the threat isn’t immediate, it’s out there

Canada’s hold on the outer reaches of its Arctic territory is “tenuous” and will face significant challenges from both Russia and China in the future, the country’s top military commander warned a parliamentary committee on Tuesday.

Gen. Wayne Eyre, the chief of the defence staff, told the House of Commons defence committee — which has embarked on a study of the country’s security posture in the region — that the Far North does not face an immediate threat.

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Death toll rises to 41 in Turkey coal mine explosion – by MEHMET GUZEL and ZEYNEP BILGINSOY (ABC News/Associated Press – October 15, 2022)

https://abcnews.go.com/

AMASRA, Turkey — Funerals for miners killed in a coal mine explosion in northern Turkey began Saturday as officials raised the death toll to at least 41 people.

Desperate relatives had waited all night in the cold outside the state-owned Turkish Hard Coal Enterprise’s (TTK) mine in the town of Amasra, in the Black Sea coastal province of Bartin, hoping for news. There were 110 miners working several hundred meters below ground at the time of the explosion on Friday evening.

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Congolese NGOs decry mining in main refuge of ‘Africa’s unicorn’ – by Erikas Mwisi Kambale (Reuters – October 19, 2022)

https://www.reuters.com/

GOMA, Democratic Republic of Congo Oct 18 (Reuters) – Illegal gold-mining is destroying tracts of pristine rainforest in Congo’s Okapi Wildlife Reserve, a UNESCO World Heritage site meant to be a haven for the endangered mammal nicknamed Africa’s unicorn, environmental organisations warned on Tuesday.

Industrial activities are supposed to be banned in the 13,000 square kilometers of the reserve in northeast Democratic Republic of Congo. Aerial photo evidence shows mining has persisted, the civil society groups said at a joint news conference to mark the international day of the okapi.

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The Drift: ‘Landmark’ project to boost Vale’s nickel production by 10,000 tonnes annually – by Lindsay Kelly (Northern Ontario Business – October 14, 2022)

https://www.northernontariobusiness.com/

South Mine expansion called key link in supply of critical minerals for EV production

Vale’s $945-million expansion of its South Mine near Sudbury will be a key driver in the production of critical metals for the province’s battery electric vehicle (BEV) industry and ensure continued local operations for years to come.

That was the word from Deshnee Naidoo, Vale’s executive vice-president of base metals, who was on hand at the company’s Copper Cliff Complex on Oct. 13 to officially mark the opening of the mine expansion.

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Southeast Asia’s Biggest Economy Needs $37 Billion to Shut Coal-Fired Plants – by Eko Listiyorini (Bloomberg News – October 12, 2022)

https://www.bnnbloomberg.ca/

(Bloomberg) — Indonesia may only need $37 billion to shut down its coal-fired power plants, even if the bill doesn’t include building renewable energy to take their place.

That $37 billion worth of financing would be enough to buy out future revenues of 118 existing coal plants and up to 10 years of contracted coal power generation, meaning Southeast Asia’s largest economy could wean off the fuel by 2040, climate analytics company TransitionZero said in a report. That’s a decade earlier than the official target.

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New mining geophysics firm sets up shop in Sudbury – by Ian Ross (Northern Ontario Business – October 13, 2022)

https://www.northernontariobusiness.com/

Being located in the ‘Canada’s mining centre’ prompted move north for Wireline Services Group (Canada)

Wireline Services Group (WSG) got its start more than 20 years ago working in the historic Kambalda nickel and gold mining region of Western Australia. Now the Perth-headquartered mining tech company has established a firm foothold in Canada’s preeminent nickel mining camp.

The geophysics company recently moved into a spacious 7,500-square-foot office and shop on Valleyview Road in Val Caron last month, hiring two locals and transplanting two others from Toronto.

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Turquoise Hill’s fifth largest investor to reject Rio Tinto’s takeover bid – by Cecilia Jamasmie (Mining.com – October 14, 2022)

https://www.mining.com/

Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto’s (ASX, LON: RIO) intended $3.3 billion takeover of the Canadian miner, in a shareholder meeting on Nov. 1.

The activist investor said that Rio’s bid not only undervalues the target, but it also intends to take advantage of the “material governance failures” created by independent directors of both mining companies over the last decade.

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Vale’s base metals chief vows to turn around underperforming Sudbury nickel mines – by Niall McGee (Globe and Mail – October 13, 2022)

https://www.theglobeandmail.com/

The head of Vale SA’s base metals group is vowing to turn around its poorly performing Canadian nickel operations, as the Brazilian mining giant makes a play for a bigger piece of the fast-growing EV-battery-minerals market.

Vale entered the Canadian nickel market in 2006 when it paid $19.4-billion to acquire Inco Ltd., a company that had mined the critical mineral in Sudbury for a century.

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Ford: Mine expansion opening ‘a fabulous day’ for Ontario – by Len Gillis (Sudbury.com – October 13, 2022)

https://www.sudbury.com/

Premier was on hand in Sudbury for the official opening of Phase 1 of Vale’s Copper Cliff Mine Complex South Mine, which breathes new life into the shuttered mine and will double ore production at the site, creating 270 new jobs

Ontario Premier Doug Ford said today he was impressed that mining giant Vale has spent $945 million to bring an old mine “back to life,” saying the project was a key part of the province’s critical minerals strategy.

The premier was in Sudbury for the official opening of the Phase 1 expansion to Vale’s Copper Cliff Complex South Mine, a project that connected the South Mine operation to the North Mine creating the new Copper Cliff Mine Complex.

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Cameco pivots off volatile uranium market with big bet on Westinghouse – by Gabriel Friedman (Financial Post – October 12, 2022)

https://financialpost.com/

Cameco is investing $2.2 billion for a 49% stake in Westinghouse Electric, which services nuclear reactors

Decarbonization could end up as a boon for nuclear power, which is capable of generating lots of energy while releasing no carbon dioxide into the atmosphere.

But as of today, there are still plenty of headwinds for uranium producers such as Saskatoon-based Cameco Corp. So on Tuesday, chief executive Tim Gitzel did something that he hopes will make it easier to push through those headwinds: Cameco said it would invest $2.2 billion for a 49 per cent stake in Pennsylvania-based Westinghouse Electric Co., which services nuclear reactors, diversifying Cameco away from the volatile uranium market.

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Freeland’s political rhetoric ignores Canada’s reality – by Lorrie Goldstein (Toronto Sun – October 12, 2022)

https://torontosun.com/

Sounding like a reborn cold warrior, Deputy Prime Minister Chrystia Freeland said Tuesday that Russia and China are despotic regimes inimical to our way of life. As a result, she said, Canada stands ready to help our democratic European allies weather the energy crisis provoked by Russian President Vladimir Putin’s invasion of Ukraine.

Freeland called on liberal democracies to unite economically to counter the threat posed by Putin starving Europe of natural gas in retaliation for Western economic sanctions against Russia.

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