Tesla Inc is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Concern is mounting across the EV industry that there may not be enough supply of lithium, nickel, copper, and…
Western Australia Ranked Most Attractive Place in World for Mining Investment
The Australian state of Western Australia (WA) has been ranked the top jurisdiction in the world for mining investment based on investment attractiveness, an annual survey has found. The resource-rich state moved up from the fourth place in 2020, pipping Saskatchewan, Canada (second) and Nevada, U.S.A. (third) in the Fraser Institute’s 2021 Annual Survey of…
Regulator Fines Engineers 8 Years After Mount Polley Disaster in BC
Three engineers have been disciplined nearly eight years after one of Canada’s worst mining catastrophes. Engineers and Geoscientists British Columbia, a provincial regulatory and licensing body, said in a statement that its years-long investigation into the Mount Polley disaster was among its most complex cases. As a result, two former engineers have been ordered to…
The Cost of the Russian War Keeps Rising
Commentary From the start of Russia’s invasion of Ukraine, the U.S. stock market, which has been “stumbling since the beginning of the year,” writes the New York Times, is down “10.3 percent from its most recent peak on Jan. 3,” and the cost of gas is rising rapidly. Near record high oil prices—it briefly topped $130 per…
Push for Electrification to Reach Net Zero Means Large-Scale Mining, Greater Dependence on China: Experts
February 22, 2022
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“Electrification” has become a watchword for the Biden administration, particularly as part of the push for net-zero emissions in the U.S. economy by 2050. In November 2021 remarks to GM CEO Mary Barra, for example, President Joe Biden credited General Motors with having “electrified the automobile industry”—a claim immediately questioned by Tesla Motors’ Elon Musk. The…
Biden Is Killing His Own Green Economy in Its Cradle
February 5, 2022
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Commentary In his recent conference call, Tesla, Inc. founder Elon Musk warned that some plans to roll out new models will be delayed due to supply chain issues. As I wrote in this publication recently (See Making Bricks Without Straw: Biden’s Raw New Deal for America) this issue is contributing to the new energy crisis…
Omicron Threatens Western Australia’s Mining Industry
Western Australia’s (WA) economic lifeblood is hanging in the balance with a growing number of mining workers forced to isolate amid the spread of Omicron in the state. Around 80 workers at mining giant BHP’s Yandi iron ore mine in the Pilbara are isolated and awaiting test results after being identified as close contacts to…
At Least 17 Dead After Explosion in Ghana Mining Region
ACCRA—At least 17 people were killed and scores injured when a truck carrying explosives to a gold mine in western Ghana collided with a motorcycle, setting off an explosion that flattened a rural community, the government said on Friday. As rescuers combed the site for survivors, videos posted on local media showed hundreds of buildings…
Exclusive: Gosar Says Democrats ‘Want to Cripple And Destroy The Mining Process’
January 17, 2022
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Rep. Paul Gosar (R-Ariz.) told The Epoch Times that several Democrats should be stripped of their committee assignments if Republicans regain control of Congress in the 2022 midterm elections. In November 2021, Gosar was censured and taken off committees after his Twitter account shared an anime video in which a cartoon version of the congressman…
Conservatives Want Security Review of Chinese Takeover of Canadian Mining Company
The Conservative Party is calling for a national security review of the purchase of a Canadian lithium mining company by a Chinese state-owned enterprise. Zijin Mining Group Co. Ltd announced it would be purchasing Neo Lithium in October, opening a 45-day period during which the federal government could conduct a review. However, no review took…
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