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The Happy Path to Higher NPV - Replay!
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📰 In The News
BHP Xplor Launches Search for Innovators in Critical Minerals Exploration
- BHP Xplor has opened applications for its 2025 accelerator program, aimed at advancing early-stage critical mineral exploration.
- Participants in the program receive up to $500,000 equity-free funding, expert mentorship, and access to BHP's vast network of industry suppliers and service providers.
- Following successful partnerships with previous cohorts, BHP Xplor continues to seek visionary explorers to help discover critical minerals essential for a sustainable future.
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Transition Planning: Mine Closure for the 21st Century
- In 2009, a book titled "101 Things to Do with a Hole in the Ground" inspired a fresh perspective on repurposing closed mine sites, showcasing creative post-mining uses globally.
- Dr. Pete Whitbread-Abrutat, who co-authored its sequel, "102 Things to Do with a Hole in the Ground," emphasizes transition planning, where mines are gradually repurposed to create economic, social, and environmental value.
- Transition planning requires collaboration between mining companies, governments, and communities to successfully convert former mines into valuable assets, as demonstrated by global projects like Germany's lake districts and Queensland's renewable energy sites.
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Perpetua Wins Key Fed Approval for Stibnite Gold and Antimony Project
- Perpetua Resources' stock surged 17.4% after securing key federal approval from the U.S. Forest Service for its Stibnite gold project in Idaho.
- The Stibnite project, which contains 4.8 million oz. of gold and 148 million lb. of antimony, is positioned as a critical domestic source for gold and antimony, a mineral vital to U.S. defense and clean energy.
- Backed by the U.S. government, including a potential $1.8 billion loan from US EXIM, the project is expected to produce over 450,000 oz. of gold annually in its first four years with significant economic and environmental benefits.
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Emerald Cities : Digging Deep into Emerald Mining
- Ancient Egyptian emeralds may have actually been peridots, with emerald mining shifting from Egypt to other regions over time, including Austria and later, the Americas.
- Colombia produces 90% of the world's emeralds, followed by Zambia and Brazil, with mining techniques evolving from strip mining to modern methods like AI-assisted mineral exploration.
- Emerald mining continues to thrive globally, with Zambia's Kagem mine yielding the largest emerald cluster ever mined, while Brazil is notable for its diverse gem production.
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❓ Prospector Poll
Would you consider applying for a program like BHP Xplor’s 2025 accelerator for critical mineral exploration?
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