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...

PNG issues seafloor mining environment permit to Nautilus

Papua New Guinea has issued an environmental permit allowing for the world's first commercial seafloor mining project to begin. The PNG government has granted a 25-year environmental permit to Nautilus Minerals to mine gold and copper at its Solwara One site, 1.7 km below the Bismark Sea.

Nautilus CEO Steve Rogers told media the company hopes to begin mining in 2012.