A fundamental choice for Critical Minerals development: "Fascism or radical democracy?"

The global demand for critical minerals like lithium and copper is surging, but how we attempt to quickly extract them, argues Katherine Teh , Executive Chairman of Spektrum Development , presents a fundamental choice: embrace authoritarian tactics that disregard communities or pursue transparent, consent-based development. In this pivotal moment, the stakes are high-ranging, from environmental destruction to lost economic potential. Which path should be chosen? Katherine Teh of Spektrum Development addressing the 2024 ACFID Conference WE ARE AT a crossroads in the energy transition. The gap between what the mining industry promises and what it delivers has been widening, creating not only delays but the potential for significant socio-economic and environmental risks. As the demand for critical minerals like copper, graphite, and lithium increases, we’re facing mounting challenges in securing these resources quickly enough to support the transition to renewable energy. The Problem...

Olympus Pacific beats Vietnam gold targets

Olympus Pacific Minerals (TSX: OYM) has exceeded fourth quarter gold production targets at the Bong Mieu Gold Processing Plant, located in central Vietnam. The Bong Mieu plant throughput is currently sourced from two underground mines, Phuoc Son and Bong Mieu.

Actual gold production for December was 3,191 oz while total gold sales for the year ended 31 December 2009 was 24,200 oz which generated $24.3 million in sales. In the fourth quarter, Olympus sold 10,108 ozs of gold. Cash flow from production is being channelled back into the construction of a second gold processing plant at Phuoc Son.

Proactive Investors reported that Olympus also reiterated its commitment to the company four key projects; Bong Mieu, Phuoc Son, Tien Thuan and Bau which are located in Malaysia and Vietnam.