India, US likely to sign pact on critical minerals -by Shivangi Acharya, Neha Arora and David Lawder(Reuters – September 30, 2024)

https://www.reuters.com/

India and the United States are likely to sign an initial pact for cooperation on critical minerals this week, two Indian government sources said, as the two countries try to bolster trade ties despite diplomatic hiccups.

They are expected to sign an agreement to partner and cooperate in the area of critical minerals during Indian trade minister Piyush Goyal’s visit to Washington, the sources said.

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The promise and pitfalls of Indonesia’s nickel boom – by James Griffiths (Globe and Mail – September 28, 2024)

https://www.theglobeandmail.com/

Indonesia already accounts for 55 per cent of the world’s nickel production, and that output is only expected to grow. But locals fear losing precious farmland over a commodity that might soon lose its lustre

Atop a hill overlooking Loeha Raya, a cluster of villages on the shores of Lake Towuti, on the Indonesian island of Sulawesi, all that can be seen is green. For kilometres around, the hills are covered in leafy pepper plants, roughly two metres high, growing in neat rows reminiscent of a vineyard, their tiny fruit slowly ripening and turning red, at which point thousands of workers will harvest them, laying the peppercorns out to dry in the hot Southeast Asian sun.

Down at the lakeside, where lumbering ferries dock from the town of Sorowako, across the water, the idyllic calm of the pepper fields is nowhere to be found, however. Large posters greet arrivals with angry slogans: “Reject mining,” “Save our village” and “Defend agricultural land!”

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Opinion: We are Anishinaabe Zionists. Hateful anti-Israel camps disrespect our lands – by Harry LaForme and Karen Restoule (National Post – September 28, 2024)

https://nationalpost.com/

We reject using the words ‘colonizer,’ ‘settler’ and ‘decolonize’ to justify terror, violence, kidnapping and rape

As Anishinaabe, we strive to adhere to our traditional values. The Creator placed the distinct races of humankind upon Mother Earth and gifted each with unique knowledge to be used for their benefit and to be shared for the benefit of all humankind. The Seven Sacred Teachings were given to us so that we may learn how to live and move forward together in a good way.

Indigenous peoples welcomed the settlers to Turtle Island. Our original relationship was based upon mutual respect, honour, equality, peaceful coexistence, and the sharing of the land; its resources and wisdom. Treaties of Peace and Friendship were signed that codified these intentions and stressed peaceful and equal coexistence.

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Rio Tinto boosts efforts to win public support for Serbia lithium mine – by Cecilia Jamasmie (Mining.com – September 25, 2024)

https://www.mining.com/

Rio Tinto  is boosting efforts to win public support for its $2.4 billion Jadar lithium project in Serbia, which has been halted since 2022 because of stern opposition due to environmental concerns.

The world’s second largest miner has been pushing since to resume work on the project, expected to be Europe’s biggest mine of the battery metal. With projected production of 58,000 tonnes of refined battery-grade lithium carbonate per year, Jadar could supply enough lithium to power one million electric vehicles and meet 90% of Europe’s current lithium needs.

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B.C. NDP releases mining support plan – by Nelson Bennett (Business In Vancouver – September 24, 2024)

https://www.biv.com/

NDP pledges guaranteed permitting timelines for critical mineral mines

On the heels of a B.C. Conservative platform on mining released earlier today, the B.C. NDP followed this afternoon with the release of their own plan for mining, with an emphasis on critical minerals.

One thing the two plans agree on: More than a dozen critical mineral mine proposals in B.C. need to be fast-tracked through the regulatory process.

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Quebec to become ‘anchor’ for Gold Fields’ diversification strategy, CEO says – by Henry Lazenby (Northern Miner – September 25, 2024)

Global mining news

Gold Fields’ (NYSE: GFI; JSE: GFI) C$2.2 billion ($1.6bn) Osisko Mining buy, set to close before year-end, will help balance the South African company’s aging assets in Ghana and Peru, CEO Mike Fraser says.

The deal, which comes two years after Gold Fields’ failed bid for Yamana Gold in 2022, adds a project that is expected to boast low costs and that Fraser says fits well with its Salares Norte mine in Chile, which marked first production earlier this year.

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Lab-grown diamonds are ethical, cheaper, blood-less. So why aren’t they as popular? – by Medha Chawla (India Today – September 25, 2024)

https://www.indiatoday.in/

Celebrities like Meghan Markle, Zoe Kravitz, Lady Gaga, and even Prime Minister Narendra Modi approve of lab-grown diamonds. They are cheaper and conflict-free, but why aren’t they mainstream yet?

When Divya (name changed on request), a 31-year-old bride-to-be from Delhi, was in the middle of her wedding ring shopping, the idea of opting for a lab-grown diamond did cross her mind. Unlike natural mined diamonds, lab-grown ones don’t cost a bomb – they can be up to five times cheaper.

Yet, Divya, who went to great lengths to make her wedding a budget-friendly event, found herself inclining more towards a natural diamond ring than a lab-grown one because of its “sentimental value”.

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Chinese Illegal miners deprive government of revenue, exploit child labour in Nasarawa – by Ijeoma Opara (International Centre For Investigative Reporting – September 24, 2024)

https://www.icirnigeria.org/

Ten-year-old Celestina Geremiyah tugged at the long rope fastened to a stained 20-litre plastic container. The gallon had been cut horizontally to create a wider opening and was filled with sand dug out of a mining pit in Paseli, a community in Nasarawa local government area in central Nigeria.

This is where unlicensed miners extract the critical mineral, lithium, used in producing batteries, for electric vehicles, power storage, and phones. Geremiyah struggled with the weight of the sand as she pulled it a short distance away from the hole, emptied the container onto the ground, and returned it to the pit to be refilled.

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Israel considers new limits on precious metals and cash to combat crime – by Ernest Hoffman (Kitco News – September 25, 2024)

https://www.kitco.com/

(Kitco News) – Israeli Prime Minister Benjamin Netanyahu is considering limiting citizens’ right to own precious metals as part of a series of sweeping changes to help fight financial crime.

According to a report from Ynetnews.com, The Prime Minister has asked officials within his government to begin exploring measures to limit the circulation of black market currency to curb illegal activity in Israel.

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MineConnect casts a wider net across Ontario – by Staff (Northern Ontario Business – September 25, 2024)

https://www.northernontariobusiness.com/

Regional mining supply association expanding to become province-wide presence

A Northern Ontario mining supply group is expanding its membership reach across Ontario. MineConnect Supply and Services Association announced at the MINExpo International Conference in Las Vegas this week that it plans to broaden its membership base across the province, calling it a “significant milestone in the organization’s growth journey.”

MineConnect, which has an office presence in Nevada, said in a news release that the expansion to include Ontario members will enhance the group’s market presence and should boost domestic and international partnership opportunities for the both organization and its members.

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London mining company with Canadian connections plans copper mine acquisitions after sealing Turkish deal – by Eric Reguly (Globe and Mail – September 25, 2024)

https://www.theglobeandmail.com/

A Russian-British mining executive has launched an attempt to build an international copper-mining portfolio with the purchase of a Turkish mine and will soon set his sights on Canada.

Earlier this month, Artem Volynets, the chairman and CEO of ACG Metals Ltd., which is listed on the London Stock Exchange, announced an investment of US$290-million in the Gediktepe mine in western Turkey. In an interview with The Globe and Mail, he said the purchase marked the first step of his “company’s vision to roll up the copper sector through a series of acquisitions.”

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Iran believes all remaining workers have died in coal mine explosion, raising death toll to 49 – by Nasser Karimi (Associated Press – September 24, 2024)

https://apnews.com/

TEHRAN, Iran (AP) — Iran said Tuesday it believes the remaining workers trapped by an explosion at a coal mine in the country’s east have died, bringing the death toll in one of its worst industrial disasters to at least 49.

A provincial emergency official, Mohammad Ali Akhoundi, gave the death toll in a report carried by Iranian state television from the mine in Tabas.

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Opinion: Federal caribou decree will hammer rural Quebec – by Gabriel Giguère (Financial Post – September 25, 2024)

https://financialpost.com/

To save a handful of woodland caribou, Ottawa seems willing to sacrifice the jobs and in some cases the hometowns of hundreds of Quebecers

The federal government is considering an emergency decree to protect woodland caribou that would cost Quebec and its rural regions dearly. Thousands of families who work in the forest sector in the Saguenay, Côte-Nord and Abitibi regions could suffer serious consequences.

Unfortunately, it would seem federal officials put greater weight on saving caribou than saving humans’ jobs. The decree, which has now been through the compulsory consultation stage but has not yet been issued, aims to protect three herds comprising a total of 265 caribou — about four per cent of the estimated 6,162 woodland caribou found in Quebec and just a fraction of one per cent of the more than 30,000 in Canada.

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Miners, investors see scope in energy transition but struggle with choices: Russell – by Clyde Russell (Reuters – September 25, 2024)

https://www.reuters.com/

SINGAPORE, Sept 25 (Reuters) – Mining investment conferences have a great track record of pointing to the next growth area for commodities, as they bring together early stage investors and junior miners seeking to get projects off the ground.

A decade ago lithium was the popular metal, five years ago it was the turn of gold and more recently copper has been the flavour of the month at these events across Asia. But at the 121 Mining and Energy Investment conference this week in Singapore there was no clear choice, and no real consensus on where the best opportunities lie.

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The pressing need to invest in, and protect, our Arctic territories – by Jesse Kline (National Post – September 25, 2024)

https://nationalpost.com/

If we hope to prevent our adversaries from encroaching in the North, Canadians will have to start taking the region far more seriously

As southern Ontario’s hot, sticky summer starts to wind down, the last thing on most people’s minds is the vast, frozen tundra of Canada’s Far North. But on Sept. 18, a group gathered in downtown Toronto to hear a broad range of experts discuss Arctic sovereignty and security.

Granted, the Far North has always been a very niche area of interest in Canada, which is curious for a country that prides itself on being a northern nation. But perhaps that’s to be expected when 90 per cent of our population lives within 160 kilometres of the U.S. border, many in cities such as Vancouver and Toronto that have relatively temperate climates.

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