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...

Philippine miner buys SE Sulawesi gold project

Philippines-listed miner Imperial Resources Inc has signed an agreement to explore a 4,700-ha gold property in Southeast Sulawesi province. Claim owners PT Indominas granted Imperial the exclusive rights to explore and develop the site during the period covered by its concession. Imperial has reportedly paid $100,000 for the contract, and will pay $70,000 more in a month's time.

According to Businessworld, "PT Indominas expects to receive mining rights for the gold project from state-run Perusahaan Daerah Pd. Utama Sultra" within this month.

Early last year, Imperial Resources partnered with PT Aspal Buton Nasional to explore, develop and exploit 1,940 ha of the total 2,900-ha asphalt property in Buton Island, Southeast Sulawesi.