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...

Philex announces increased copper-gold at $1B Silangan project

Philippine-focussed Philex Mining said a recently-completed, independent mineral resource estimate indicates its Boyongan-Bayugo copper-gold prospect contains 5 B lb of copper and 9 M oz of gold. The findings by SRK Perth, Australia, for the Silangan project managed by wholly-owned Silangan Mindanao Mining Co Inc, were based on results from more than 80,000 metres of drilling by Philex by June 2010.

The project is adjacent to the Kalayaan copper-gold prospect in the southern Mindanao region, which Philex said it planned to explore with partner Manila Mining Corp.

"We estimate that the project cost for developing the Silangan project will be in the region of $1 billion over a period of three years. It will be a significant project and will probably be one of the most important for Mindanao," said Philex Chairman Manuel Pangilinan, said in a statement.