Weekly Nugget
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Sift through mining news in this week's nugget.
Sift through mining news in this week's nugget.
Here's Your Weekly Nugget!
🔥 What's New
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đź“° In The News
The Mining Story—Facts and Figures of the Canadian Mining Industry
- In 2023, Canada’s mining sector contributed $117 billion to GDP and employed over 430,000 people, highlighting its critical role in the economy and global mineral supply.
- The Mining Association of Canada’s latest report urges streamlined regulations, investment in workforce development, and infrastructure improvements to support continued growth and meet rising demand for critical minerals.
Mining Enough Copper to Develop The World Will Require its Price to More
Than Double
- A University of Michigan study warns that global copper demand for green energy and infrastructure development far exceeds current supply, making it difficult to achieve both goals simultaneously.
- Researchers argue that copper prices must more than double to incentivize new mines and stress that economic development, especially in regions like Africa and India, should take priority over rapid electrification.
China Rules Critical Mineral Despite Efforts: IEA
- The IEA’s Global Critical Minerals Outlook 2025 warns that global supply chains for key energy minerals remain highly concentrated—especially in China and Indonesia—despite rising demand and political urgency.
- Without stronger policy action and international collaboration, the world risks severe supply shortages and geopolitical vulnerabilities that could derail the clean energy transition.
Poland to Cut Copper Mining Tax From 2026, Finance Minister Says
- Poland will reduce its copper mining tax starting next year, allowing deductions for investment spending—a move expected to lower copper producers' costs by 10 billion zlotys over the next decade and support the strategic role of KGHM, which supplies 85% of Europe’s copper.
EV Battery Metals Bill Ticks Up as Cobalt, Nickel Prices Strengthen
- The global EV market is on track to reach 25 million units in 2025, with battery capacity deployment expected to surpass 1 TWh for the first time—driving over $4 billion in raw material demand despite falling lithium prices and rising costs for nickel and cobalt.
- China leads in battery production and material usage, while the U.S. market remains uncertain due to potential subsidy cuts.
✉️ On The Rocks
In this masterclass episode of On the Rocks, Emily King sits down with Anastasia Kuskova, CEO and founder of beSirius, to explore how mining companies can transform sustainability from compliance paperwork to strategic advantage.
Drawing from her experience as a former sustainability officer at a multibillion-dollar metal producer, Anastasia breaks down the fundamental challenges in sustainability reporting, the connection between ESG performance and financial results, and how AI-powered tools are creating unprecedented efficiency.
Learn how sustainability teams can become revenue generators by understanding stakeholder needs, securing green premiums, and leveraging technology to reduce reporting burdens. This episode offers practical advice for mining professionals looking to move beyond bureaucratic reporting and create real business value through sustainability intelligence.
Listen To It Here
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✉️ Subscribe to the Weekly Nugget
Our weekly blog and newsletter, "The Nugget," offers readers an inside look at commodity prices, current events in the mining and commodities industries, and the latest 43-101 Reports published to the Prospector Portal.