https://www.theglobeandmail.com/
Barrick Gold Corp. has overhauled its global exploration department, as several stalwart executives retire from the world’s second biggest mining company in the midst of a difficult time for the industry.
Mark Bristow, the chief executive officer of Barrick Gold Corp., said in an interview that he’d recently made a slew of personnel changes as the Toronto-based miner navigates a deep and protracted downturn.
Aug 8 (Reuters) – BHP Group (BHP.AX) was rebuffed in its A$8.34 billion ($5.8 billion) takeover bid for OZ Minerals (OZL.AX) on Monday, in a setback as it pushes to secure copper and nickel assets for a shift into clean energy and the electric vehicles (EVs) market.
Australia’s OZ Minerals said the A$25 per share unsolicited, conditional and non-binding indicative offer undervalued the nickel and copper miner and was “opportunistic” as it comes when copper prices and its stock price have fallen from recent peaks.
Reconciliation is a word most Canadians are probably quite familiar with by now. The Truth and Reconciliation Commission (TRC), established in 2007 as part of the Indian Residential Schools Settlement Agreement and active through 2015, was one of the first initiatives that brought reconciliation to the forefront of Canadian politics.
The TRC defined reconciliation as a process “about establishing and maintaining a mutually respectful relationship between Aboriginal and non-Aboriginal peoples in this country,” with the term Aboriginal designating the First Nations, Inuit, and Métis officially recognized as Indigenous to Canada.
The Minerals Security Partnership was announced in June 2022, with an aim to strengthen critical mineral supply chains. Also know what are critical minerals, and why they are so important.
The Minerals Security Partnership (MSP) is an ambitious new initiative to bolster critical mineral supply chains, announced by the United States (US) and key partner countries in June 2022. During the Prospectors and Developers Association of Canada convention in Toronto, the largest mining event in the world, the US and key partner countries made the announcement.
(Kitco News) – The gold market is seeing its third week of gains; however, sentiment is again shifting, as prices cannot break above $1,800 an ounce, according to the Kitco News Weekly Gold Survey. In the latest gold survey, some market analysts said Friday’s blockbuster employment report had taken the wind out of gold’s sails, at least for the short term.
Ahead of the latest survey results, the U.S. Bureau of Labor Statistics said 528,000 jobs were created in July. The data significantly beat expectations economists were forecasting job gains of around 250,000. The report also noted a solid increase in wages.
The newly updated edition of industry reference book Diamonds takes readers on an in-depth journey through fancy colors, famous stones, and a case study of the 603-carat Lesotho Promise.
For author and diamond consultant Marijan Dundek, diamonds are, simply put, “one of nature’s true marvels.” They were “created deep beneath the earth’s surface billions of years ago by the forces of heat and pressure. They are rare, have unique properties and are highly prized, yet are born from the most basic element that is common to all life: carbon,” he says.
(Bloomberg) — A lithium supplier for Ford Motor Co. and Toyota Motor Corp. expects to clear an environmental hurdle involving a rare flower next year, paving the way for deliveries to electric-vehicle makers ahead of looming shortages of the battery metal.
Ioneer Ltd. seeks to build its Rhyolite Ridge lithium-boron project in Nevada, but the Australian company has been unable to get federal permits because public lands near the site are home to the endangered wildflower Tiehm’s buckwheat. The US Fish and Wildlife Service said in February it planned to designate about 910 acres near the project as a critical habitat for the pale yellow flower.
FLEMING-NEON, Ky. — This sliver of land wedged between the thick woods and Wright Fork creek has been the home of Gary Moore’s family for as long as there has been a United States. The burial plot for an ancestor who fought in the Revolutionary War, he said, is a mile away. Mr. Moore himself lives in a mobile home across from his father’s house; the house where his grandmother lived is next door.
All of that was wrecked in last week’s flooding. “This is kind of like the final straw,” Mr. Moore, 50, said as he looked out at a new terrain of shredded homes, crushed cars and endless debris. “We’re gradually losing it — that bond we had. It’s slipping away. People are getting out of here, trying to get better jobs and live better lives. I’m leaning in that direction myself.”
https://www.cbc.ca/news/canada/north/
Arctic Bay, Pond Inlet register support for temporary increase again this year at mine
Baffinland Iron Mines’ request to boost its production again this year at its Mary River mine is getting mixed reaction from some Nunavut communities.
The request — which, if approved, would allow the company to mine up to six million tonnes of ore from its Mary River mine in 2022 — is now before the Nunavut Impact Review Board (NIRB). And behind the request is a threat, with Baffinland saying more than 1,000 people will be laid off starting next month if it’s not approved.
https://www.northernminer.com/
Sayona Mining (ASX: SYA; OTC: SYAXF) has further advanced its planned restart of spodumene production at its North American Lithium (NAL) operation in Quebec, with approximately 30% of plant and equipment upgrades now completed. It remains on track to deliver first concentrates in the first quarter of 2023.
“It is extremely pleasing to see the rapid progress at NAL as we ramp up towards the recommencement of lithium production,” Sayona’s managing director Brett Lynch commented. NAL currently has around 50 construction workers on‐site, with the number expected to double by September.
https://www.theepochtimes.com/
Almost every member of Congress, Democrat or Republican, pays homage to the Big Green Lie. So do all the past and remaining Conservative candidates vying to be prime minister of the UK and every candidate currently vying for the leadership of the Conservative Party of Canada.
So does virtually all of the mainstream press. The Big Green Lie—that carbon dioxide is a pollutant—is so pervasive that even those considered skeptics—including right-wing NGOs and pundits—generally adhere to the orthodoxy, differing not in their stated belief that CO2 is a pollutant but only in how calamitous a pollutant it is.
Waiting on ruling from federal government about extraction limits
More than 1,000 workers at Baffinland Iron Mines Corp. received termination notices and might be out of work by October if the Nunavut-based miner’s extraction permit isn’t renewed by the Federal government, the company said on Wednesday.
The workers received their notices on July 31, company spokesman Peter Akman said. He added that the notices would be rescinded if Baffinland receives the permit to increase its annual extraction limit of iron ore to six million tonnes from its original allowance of 4.2 million tonnes.
Saskatoon-based fertilizer giant Nutrien Ltd. surged to all-time high profits in the first six months of 2022 as the war in Ukraine destabilized agriculture markets and heightened global food security fears.
The Canadian company, which is the largest fertilizer producer in the world, raked in US$5 billion in profits in the first half of the year as crop input prices soared to multi-year highs.
MEXICO CITY – Efforts to rescue 10 miners trapped in a collapsed and flooded coal mine in northern Mexico intensified Thursday with hundreds of people involved in the operation, authorities said.
The collapse occurred after the miners breached a neighbouring area filled with water on Wednesday, officials said. Authorities had not reported any contact with the trapped miners since the collapse.
https://www.cbc.ca/news/canada/nova-scotia/
Compliance would mitigate adverse effects on environment, N.S. minister says
Nova Scotia’s minister of Environment and Climate Change has approved the Goldboro gold project in Guysborough County, but with conditions.
“I am satisfied that any adverse effects or significant environmental effects of the undertaking can be adequately mitigated through compliance with the attached terms and conditions as well as through compliance to the other licences, certificates, permits and approvals that will be required for operation,” Tim Halman wrote in his decision to Signal Gold president Kevin Bullock.
