A U.S. appeals court has temporarily blocked the transfer of federal forest land in Arizona to a pair of international companies that plan to mine one of the largest copper deposits in North America. The transfer was scheduled for Tuesday. But a panel of judges with the 9th U.S. District Court of Appeals issued a temporary injunction late Monday in …
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Mining billionaire welcomes Trump tariffs on copper
A leading North American mining entrepreneur, who wants to open his own US copper mine, has welcomed plans for a 50% tax on copper imports. Robert Friedland, the billionaire founder of Vancouver-based Ivanhoe Mines and Ivanhoe Electric, told the BBC the tariffs would help re-establish the US copper mining industry. US President Donald Trump has already introduced steel and aluminium …
Read More »The small mining company that won a big investment from the Pentagon – Financial Times
The small mining company that won a big investment from the Pentagon Financial Times America’s Biggest Rare-Earth Producer Makes a Play to End China’s Dominance The Wall Street Journal Apple backs Trump rare earth minerals push, invests $500M in US mine Fox Business US rare earth pricing system is poised to challenge China’s dominance Reuters Pentagon to become largest shareholder in rare earth miner …
Read More »Could asteroid mining actually work? Maybe if we start with impact sites on the moon
GOLDEN, Colorado — There are those who envision big bucks pouring in from the heavens by cashing in on resource-rich asteroids. In increasing number, probes are being dispatched by multiple countries that can plumb the depths of deliverables from space rocks. Metallic asteroids are made up mostly of iron and nickel, and also contain platinum group metals, or PGMs for …
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