🔥 What's New
Prospecting For Progress: Video Replay
Catch the replay of our latest Monthly Mining Roundup where we introduce The Bedrock Alliance! This initiative aims to mobilize the mining industry's vast resources and capabilities to address global humanitarian crises, with an immediate focus on the dire situation in Sudan. Learn about the unprecedented food security crisis, the importance of conflict-resistant agriculture, and how the mining sector can contribute to long-term solutions in unexpected ways.
Watch Here
Learn More About The Bedrock Alliance
ICYMI: Big News From Prospector 🚨
Last week, Tarachi signed an LOI for a transformative acquisition of Prospector. Check out the full press release to learn more!
Read The Press Release
đź“° In The News
Navigating Canada’s New “Greenwashing” Legislation: Implications For Mining Companies
- Recent amendments to the Competition Act aim to curb "greenwashing" by empowering the Competition Bureau to take stronger enforcement actions against misleading environmental claims, impacting how businesses promote their environmental benefits.
- These changes require businesses to substantiate their environmental claims with an "internationally recognized methodology," adding ambiguity and potential legal challenges for nearly any statement about environmental impacts.
- The amendments introduce a private right of action effective June 20, 2025, allowing private parties to challenge greenwashing, with significant penalties including fines up to $10 million or three times the value derived from the conduct.
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U.K. Royal Mint Start Extracting Gold From E-Waste: “What We’re Doing Here Is Urban Mining”
- The U.K.'s Royal Mint has opened a factory in Wales to extract gold from e-waste, reducing reliance on traditional mining and promoting sustainable practices.
- The facility uses Canadian technology to process 4,000 tons of printed circuit boards annually, enabling the Royal Mint to recover high-quality gold for use in products like luxury jewelry.
- The initiative addresses the rising global e-waste problem by offering a sustainable solution that preserves finite resources and creates new jobs, while reducing environmental impact.
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Thousands Protest Against Lithium Mining In Serbia
- Thousands in Serbia protested against the reopening of a lithium mining project by Rio Tinto, fearing irreversible environmental damage to the Jadar Valley.
- Activists demand a permanent ban on lithium and boron mining, citing risks to public health and environmental contamination, despite government assurances of strict safety protocols.
- The project, which was initially halted in 2022, was recently revived, with Serbia’s government arguing that blocking the project was unconstitutional, while the EU hailed the decision as significant for Europe’s lithium supply.
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ICMM Updates Indigenous Peoples And Mining Position Statement
- ICMM members reaffirmed their commitment to respecting Indigenous peoples' rights and involving them as partners in mining projects on their lands.
- The updated Indigenous Peoples and Mining Position Statement emphasizes obtaining Indigenous peoples' agreement on mining impacts through early and meaningful engagement.
- The statement, developed over two years with input from Indigenous representatives and experts, aims to strengthen transparency, trust, and mutual benefit in mining industry relationships with Indigenous communities.
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🎧 On The Rocks
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âť“ Prospector Poll
Do you think it will be possible for “urban mining” to be scaled effectively in the next 5 years to become a significant part of the supply chain?
Last Week's Results
What do you think is the biggest challenge for mining companies in achieving nature-positive outcomes?