Industrial minerals like copper and nickel are essential to global economic expansion. But everywhere you look, grades are getting lower, and costs are getting much, much higher. Is there a way out? Rick Mills says mining companies need to look to Greenland.
In the mining business, when you mix bold innovation with pragmatic business solutions and sustainable practices, you have a winning formula. With this in mind, a small Canadian company just took a big step towards validating a “world’s first” business model for mining potash.
It appears that graphite is next in line for a commodity boom. The market is driven by increasing demand from traditional applications, new technology uses, and China’s 75% control of supply, its depleting reserves, and efforts to consolidate operations.
Is the rare earths space an industry in decline, a bubble popped? Not so, says the head of global research and clean technologies analyst at Byron Capital Markets. Hykawy says establishing a supply outside of China could breathe new life into this exiled market.
While markets do not always reward every deserving company, quality deposits carry an intrinsic value. That's why the managing editor of The Emerging Trends Report advises investors to "buy the resource" over the stock.
The problem with rare earths and critical metals is that there are too few mines worldwide to construct statistically valid cost curves. The rare earth sector is currently dominated by Chinese mines whose financial reporting may not be transparent.
Overall, I was impressed with all aspects of the Strange Lake project, and the management team behind it. The project is clearly well on its way to completing the pre-feasibility study, and determining the flow sheets required to produce end products.