🔥 What's New
May Monthly Mining Roundup
This month we will be joined by Peggy Bell and Dr. Haydon Mort in a fascinating discussion on neurodivergence in the mining industry! What is it, what does it mean for you and your team, and how can you leverage this thinking? We hope to have you join us and share your thoughts, insights, and questions!
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Emily King At SME & ERG!
Last week was a busy week for our CEO, as she attended two industry conferences! She was on the “Why “AI” is wrong: Technology’s role in optimization of finance, engineering, and operations” panel at the SME NY Current Trends in Mining Finance conference, then headed to Kazakhstan to speak and judge at ERG Kazakhstan’s Industrial IT Forum!
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🎧 On The Rocks
With “The Six Billion Dollar Gold Scam” taking off on podcast platforms everywhere, we thought we would share our On the Rocks episode featuring Frank Mariage, and our discussion with him about mining law and how Bre-X shook the industry!
📰 In The News
Six New Large Mines Need To Come Online Annually By 2050 To Meet Global Copper Demand – Study
- Study finds current copper mining rates can't meet US renewable energy infrastructure needs.
- Renewables demand more copper than mines can produce due to electric vehicle mandates.
- Challenges include permitting delays and need for six new copper mines annually; hybrid vehicles and copper allocation reconsideration suggested.
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25 Richest Billionaires In Metals And Mining Industry
- The global metals and mining market is valued at $7.91 trillion in 2023, expected to reach $8.37 trillion in 2024, and projected to grow to $10.19 trillion by 2028, with China and the US leading rare metal production.
- Major players in the metals and mining industry include Rio Tinto, Newmont Corporation, and Zijin Mining Group, while the top 25 richest billionaires in the industry feature names like Savitri Jindal, Gina Rinehart, and Germán Larrea Mota Velasco, with notable contributions to various sectors within mining and metals.
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Global Critical Minerals Outlook 2024 - Report
- Critical minerals markets saw turbulent price fluctuations, especially in battery materials, despite strong demand growth in 2023.
- Increased supply and ample inventories led to significant price declines, impacting investments in new mineral supply.
- Clean energy deployment continued to advance, but the gap between supply and demand for critical minerals, such as copper and lithium, poses challenges for the energy transition.
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❓Prospector Poll
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