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🚨 Today At 12 PM EST: July Monthly Mining Roundup 🚨
In the July Monthly Mining Roundup Livestream, Prospector takes on a critical global issue: Sudan's famine crisis. Join us as we host USAID representatives to explore how the mining industry can contribute to solutions. From fertilizer production to water technologies, discover how mining expertise can address this humanitarian crisis. Tune in to gain valuable insights and participate in this important conversation!
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📰 In The News
China And The Taliban Come Together To Mine Copper In Afghanistan
- Prospector CEO Emily King weighs in on the Mes Aynak deposit in Afghanistan (the second-largest deposit of copper in the world), and China's investment in the area.
- "China and Afghanistan have an opportunity to show the industry with this project that you can build a sustainable and responsible mining project in Afghanistan."
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Metals On Ocean Floor Produce 'Dark Oxygen,' New Study Finds
- Mining rare metals from deep-sea floors could harm marine ecosystems by removing "dark oxygen," a previously unknown oxygen source produced by metallic nodules reacting with seawater, according to new research.
- The study found that these polymetallic nodules, acting like batteries when disturbed, generate oxygen without sunlight, which supports deep-seafloor ecosystems, particularly in the Clarion-Clipperton Zone.
- Researchers and over 800 marine scientists have called for a pause on deep-sea mining to further study its impact, as it could destroy seabed habitats and affect marine life already stressed by climate change and pollution.
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Column: In Search Of The Elusive Green Nickel Premium
- BHP Group's plan to create a green nickel hub in Western Australia is on hold as the entire division will go on care and maintenance later this year, despite a $3 billion investment since 2020.
- A supply deal with Tesla Inc. and the promotion of environmentally sustainable nickel have been undermined by low prices, mirroring trends in other battery metals.
- China's rapid development of its EV supply chain, especially in Indonesia, has led to global oversupply and low prices, with significant ecological and social costs, making it difficult to ensure nickel meets high environmental, social, and governance standards.
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❓ Prospector Poll
What do you think is the biggest challenge in developing sustainable mining projects in regions like Afghanistan?
Last Week's Results
If you could travel back in time to 15 years ago, what commodity would you invest in?