The production of critical minerals is at the front of everyones minds, and the race towards decarbonization is becoming more important than ever.
Check Out What We've Been up to in Q1
Take a look back on the past 3 months with us, and look forward to Q2!
- 🗨 Q1 Wrap-Up From The Prospector Team!
- 🔥 What's New
- 🎧 This Week on On the Rocks
- 📰 In The News
- ⛏️ New Technical Reports
- ❓ Prospector Poll
- 📈 Commodity Prices
🗨 Q1 Wrap-Up From The Prospector Team!
Where has the time gone? We were celebrating the new year only yesterday, and now we're rolling into the second quarter of 2023! The first quarter has been a whirlwind of activity for us here at Prospector. From attending the Future Minerals forum in Riyadh to PDAC in Toronto, hosting great webinars, creating entertaining On the Rocks Episodes, and rolling out awesome updates to our Prospector platform, we've been busy! We couldn't be more excited to continue this momentum into the second quarter with even more fantastic plans in the pipeline that we can't wait to show you!
🔥 What's New
Just Announced: Uranium Webinar!
Our upcoming webinar will showcase how investors, industry professionals, and government agencies can identify uranium mining projects around the world! With demand for nuclear energy on the rise and uranium supply concentrated across a few countries, it's essential to develop better insights into potential projects. COO Jon Godbout will provide a step-by-step walkthrough on how to leverage Prospector's database to quickly and efficiently identify high-grade deposits, including those within Canada's Athabasca Basin! The webinar will also cover how to calculate net present value based on metal prices and evaluate discount rates and risk factors specific to each country and mining method.
Just a friendly reminder that Q1 2023 ends in TWO DAYS!! Don’t panic - the Prospector team is here to help! Save time, energy, (and stress) by leveraging the full power of our database with a custom query!
🎧 On the Rocks
📰 In The News
Recycling Gold with the Help of Urban Mining
TANAKA Precious Metals, one of only five companies in the world appointed as a Good Delivery Referee by the London Bullion Market Association, uses advanced analytical and recycling technologies to create a recycling-oriented society and reduce environmental impact. Its RE Series products are made exclusively from 100% recycled precious metal materials, and compounds for plating solution and Au bonding wire have already been launched.
US Forest to OK Land Swap for Rio Tinto’s Arizona Copper Mine
The US Forest Service plans to re-publish an environmental report before July, paving the way for a land swap between the US government and Rio Tinto, which will allow the mining company to develop the controversial Resolution Copper project in Arizona. The mine project has been opposed by Native Americans, who claim the mine would destroy a site of religious importance. The land swap was approved by Congress in 2014, and the Trump administration published an environmental report on it shortly before leaving office. President Joe Biden unpublished the report in March 2021 to review the Apache's concerns. The Forest Service plans to publish the report before the court's ruling.
Seafloor Mining May Lower Battery Metals Environmental Impact
The Metals Company (TMC) has released a report showing that its NORI-D Polymetallic Nodule Project would have a smaller environmental impact than other methods for producing battery metals, according to a report by Benchmark Mineral Intelligence. The TMC project is aimed at developing the world's largest undeveloped deposit of battery metals, in the Clarion Clipperton Zone in the Pacific Ocean. The study compared environmental impacts across mining, transport, processing and refining, and found that the project outperformed land-based routes of production in almost every impact category, with the exception of global warming potential and water consumption.
Keeping the Mining Workforce Safe
Incredible work has been done across the global mining industry to improve safety standards for workers. The CDC, through the National Institute for Occupational Safety and Health (NIOSH), has kept records on US Mining injuries and fatalities since 1983, and the fatality rate per 100,000 equivalent full-time employees has thankfully fallen dramatically between then and now. Despite this progress, mining is still considered one of the most demanding and dangerous work environments, with the third highest fatality rate of any industry, creating a challenge for organizations to provide reassurance to workers and to recruit the highly skilled staff needed to operate efficiently under ever-increasing demand.
⛏️ New Technical Reports
We want to know - what do you want more of in your Weekly Nugget?
Each week we want to get your opinion about the mining industry. We'll release the results with next week's Nugget!
Last Weeks Results:
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📈 Commodity Prices
Gold $1,974.16 /oz
Silver $23.34 /oz
Platinum $965.00 /oz
Palladium $1,425.50 /oz
Copper $3.71 /lb
Source: Prospector, as of March 28, 2023 at 4:00pm EST
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