查看更多>>摘要:When we put together our editorial calendar each summer for the following year, we do our best to get a read on the mining Zeitgeist and respond with a plan for our coverage that will, ideally, still be relevant some 18 months into the future when the final issue of the calendar is published. Our "Net-Zero Challenge" department, as an example, was inspired by the cascade of miners announcing ambitious short -and long-term carbon reduction targets, a demonstrated interest from our audience for discussion on the subject, as well as the countless obstacles, some easily spotted and others likely hiding just over the horizon, on the way to that goal. That opens the door to a number of story possibilities.
查看更多>>摘要:After two years tied to my hastily created, economically incorrect, home workstation, I was ready to go out into the world, reconnect in person with friends and colleagues, meet new people and expand my thinking. This year's CIM National Convention & Expo in Vancouver was the perfect opportunity. If you were able to join us at CIMBC22, lucky you! The thought-provoking keynote certainly challenged the thinking of those in attendance, and the opening panel with industry executives was inspiring.
查看更多>>摘要:On March 31, President Joe Biden invoked the Defense Production Act (DPA) to increase the domestic production of critical minerals and metals. While that may sound beneficial to the mining industry on first impression, the actual implications may not be immediately clear to those who are not already well-versed in American domestic policy. Confused? Here's what this all actually means.
查看更多>>摘要:Development of the Reko Diq project is set to resume following an agreement signed on March 20 between Barrick and the governments of Pakistan and its Balochistan province. The project, which is estimated to constitute one of the world's largest untapped copper and gold reserves, will be held 50 per cent by Barrick and 50 per cent by a combination of the Balochistan government and other federal and provincial government-owned entities.
查看更多>>摘要:Through its recently unveiled Northern Energy Advantage Program (NEAP), the Ontario government is aiming to strengthen northern Ontario's industrial sector by bringing down its electricity costs and building towards net-zero emissions. Under the program, which is a revamp of the former Northern Indus-trial Electricity Rate (NIER) program, participating companies will receive rebates of $20 per megawatt-hour on electricity costs.
查看更多>>摘要:Canada's mining industry has a history that pre-dates even the formation of the country. Thousands of mines have come (and many have gone). So why, wondered Donna Beneteau, assistant professor in the University of Saskatchewan's Department of Civil, Geological, and Environmental Engineering, was there not a comprehensive list of Canadian mines, past and present? In 2013, she began to gather data for what she calls her hobby project, hunting down information.
查看更多>>摘要:As part of its federal budget, the Canadian government announced its intentions to spend $3.8 billion over eight years on boosting the country's sustainable production of critical minerals. The effort comes in the hopes of positioning Canada as a global leader within the electric vehicle supply chain. Among a number of measures and investments, Budget 2022 allocates $1.5 billion to invest in new critical minerals projects and dedicates another $1.5 billion to new infrastructure investments for projects in critical regions like the Ring of Fire. It also grants $144 million to critical minerals research and development to support the responsible extraction and processing of critical minerals.
查看更多>>摘要:On March 14, Rio Tinto announced a non-binding proposal made to Turquoise Hill Resources, offering to buy the 49 per cent of the company's shares it does not already own. The proposed transaction would compensate minority shareholders of the Cana- dian company at the price of $34 a share in cash, representing a 32 per cent premium on the share value, for a total US$2.7 billion value. Both companies already work together closely on the Oyu Tolgoi mine in the South Gobi Desert in Mongolia, with Turquoise Hill owning a 66 per cent interest in the mine.
查看更多>>摘要:Capital expenditures on mining projects grew in 2021 and the trend is expected to continue this year. According to the firm GlobalData, the estimated Capex of 20 major miners will rise 22 per cent to $70.4 billion in 2022. In the past when the money was flowing in, the sector has not always used it well, leaving many investors wary of funding the next generation of projects. At CIM's recent Capital Projects Symposium in Toronto, the event concluded with a panel discussion about what really matters to financiers when it comes to backing or buying mining projects and companies.
查看更多>>摘要:An interim change to British Columbia's mining reclamation security policy will see mining companies operating in the province become responsible for a higher share of the costs of reclamation. When companies are applying for mining permits, they are required to submit a plan covering the reclamation of the environment impacted by the development and operation of the mine. Crucially, the companies are also required to place a security with the province based on a total liability cost of the reclamation. So, in the case that a company becomes insolvent and is no longer able to cover the costs of reclamation, the taxpayers will not be responsible for the difference.