Articles for tag: Advanced, cleaner, coal, Energy, provide, report, technologies

December 21, 2024

Ron Finklestien

mining

Harnessing Advanced Coal Technologies for Sustainable Energy Solutions – A Comprehensive Report

Unlocking the Future: Advanced Coal Solutions for a Sustainable Energy Transition High-efficiency low emissions (HELE) coal plants and carbon capture and storage (CCS) technologies could reduce emissions by up to 1,412 million tonnes of CO2 annually — equivalent to removing 310-560 million SUVs from global roads, the report found. A Massive Economic Boost from Ultra-Supercritical Plants FutureCoal indicates that replacing existing coal plants with ultra-supercritical plants — which utilize pulverized coal combustion technology — could inject over $1.5 trillion into the global economy. Conversely, switching to alternative energy sources could incur an additional cost of $2.7 trillion due to lower

November 24, 2024

Ron Finklestien

mining

Exploring Deep Sea Mining’s Threat to $560 Billion in Terrestrial Resource Extractions — Study Findings

Deep-Sea Mining Insights: Financial Gains and Environmental Concerns The recent nomination of Elise Stefanik as the U.S. ambassador to the United Nations by President-elect Donald Trump has sparked renewed discussions around deep-sea mining. Stefanik advocates for securing crucial minerals, particularly those extracted from polymetallic nodules, which are potato-sized rocks found on the ocean floor. Located at depths between 4 to 6 km (2.5 to 4 miles), these nodules are plentiful in the Clarion Clipperton Zone (CCZ), where Canada’s The Metals Company (NASDAQ: TMC) holds two exploration contracts. Warning Signs from Environmental Groups The Planet Tracker report was released just as

April 24, 2024

Ron Finklestien

mining

E-haul trucks could result in major savings for miners but adoption is slow – report

Yet, the document points out that miners worry about the size and cost of haul truck batteries, as well as about the fact that they will need multiple replacements within a 10-year window. “The large batteries needed for electric haul trucks have perhaps been the largest technological and financial bottlenecks inhibiting their adoption, but they are now sufficiently developed and competitively priced for wider use. These batteries regularly exceed 1 MWh, with the largest ones approaching 2 MWh,” the report reads. “IDTechEx has collated a database of all existing EV haul truck models, showing that current vehicle runtimes remain under

April 23, 2024

Ron Finklestien

mining

JP Morgan, UBS led all mining M&A financial advisers by value in Q1 – report

Aurojyoti Bose, lead analyst at GlobalData, said their involvement in the $2.2 billion Alcoa-Alumina M&A deal helped these two firms top the chart by value. They were followed by Bank of America with $1.7 billion, while Goldman Sachs and Jefferies jointly occupied the fourth position, each at $970 million. In terms of deal volume, three groups tied for first place with two deals each, but Eight Capital led the way in their total value at $272 million. Grant Samuel Group and RBC Capital Markets also advised on two deals, with total values of $178 million and $60 million respectively. GlobalData also

March 27, 2024

Ron Finklestien

mining

The Environmental Impact of Congo’s Copper and Cobalt Mines

Local Communities Struggle Amidst Toxicity Residents living near Congo’s copper and cobalt mines are facing dire consequences from water contamination. Skin ailments are prevalent, with particular concern for the health of children. Severe Economic Hardships and Health Challenges A staggering 99% of respondents reported reduced crop yields due to water pollution, leading to significant economic challenges. This has forced 59% to limit their food consumption to one meal per day and withdraw children from school due to financial constraints. Furthermore, 75% of individuals stated they could no longer afford healthcare or medicine. Source: RAID Advocates Call for Responsible Practices Emmanuel

February 25, 2024

Ron Finklestien

mining

The Glowing Future of Global Uranium Production

Recovery and Expansion Global uranium output. Credit: GlobalData In 2023, Kazakhstan held the torch for global uranium production, contributing 37.3% of the total supply. Despite a slight dip in output, mainly due to planned reductions by Kazatomprom, the country is poised for a resurgence. By 2024, their anticipated output will soar to 23.2kt, with production expected to surge further in 2025 without constraints. Adding to the global supply surge is the continued escalation of production from Canada’s McArthur River. The project sets its sights on a 2024 uranium yield of 6.9kt (equivalent to 8.2kt of U3O8). With licenses guaranteed until

February 2, 2024

Ron Finklestien

mining

British Columbia Coalfields: A Promising Source of Critical Minerals British Columbia coalfields could become critical minerals source – report

Exploring British Columbia’s Potential Role in Critical Mineral Supply Arca Climate Technologies, New Gold Inc., and Geoscience BC, with program support from the Ministry of Energy, Mines and Low Carbon Innovation’s Abandoned Mines Branch, recently launched a pilot project that may have far-reaching implications.

February 2, 2024

Ron Finklestien

mining

Merger Talks Spark as Rare Earth Market Fluctuates Merger Talks Spark as Rare Earth Market Fluctuates

Amidst a volatile rare earth market, both Lynas, based in Western Australia, and MP Materials, operating from California’s Mountain Pass, have been grappling with daunting challenges spawned by the steep decline in rare earth prices. MP’s shares have nosedived by over 50% in the past year, whereas Lynas witnessed a staggering decline of approximately 40%. The recent embargo imposed by China on the export of rare earth extraction and separation technologies has been sparking fervid speculation, apparent in its quest to sustain its market supremacy amidst worsening relations with the US – a suitor thirsty for the rare earth elements.

January 31, 2024

Ron Finklestien

mining

Alamos Gold Cyberattack Shocks Mining Industry Alamos Gold Cyberattack Shocks Mining Industry

Reports have emerged that the nefarious Black Basta ransomware group, notorious for wreaking havoc on entities such as Sobeys and Yellow Pages Canada, has unleashed its malevolence upon Alamos Gold. The mining industry cybersecurity expert Josh Rubin divulged this unsettling revelation, sending shivers down the spines of investors and stakeholders alike. Alamos Gold, a stalwart in the industry, boasts a workforce exceeding 1,900 individuals and commands the operations of three esteemed mines across North America. The Young-Davidson and Island gold mines stand proudly in the northern expanse of Ontario, Canada, while the Mulatos mine adorns the landscape of Sonora state

January 30, 2024

Ron Finklestien

mining

Atop the mountain of mining mergers and acquisitions, a report has hailed BMO Capital Markets and Canaccord Genuity Group as the paragons of advisory prowess in this lucrative corner of the financial world. Aurojyoti Bose, lead analyst at GlobalData, effusively noted that “Canaccord Genuity Group registered significant growth in the volume of deals advised and ranking by this metric in 2023 compared with the previous year.” Like the champions of mining M&A alchemy, Canaccord Genuity Group was the only adviser to hit the double-digit deal volume in 2023, a feather in its ever-glistening cap. Not to be outshone, BMO Capital