Past, Present and Future Progress Requires Mining

By John M. Clema – RE-Blogged From WUWT

Metal and mineral needs are constant, constantly evolving, requiring new mines

Civilization’s progress has always been heavily dependent on farming and mining. The Stone Age didn’t end because mankind ran out of stones.

Instead, the discovery, mining and processing of metals like copper, bronze and iron, followed by the development of steel, led to progressively sharper, more effective tools, improved construction techniques, and other engineering and technological achievements. Nonmetallic minerals have also been and remain vital to civilization and progress.

Minerals – or their scarcity – have precipitated wars, but more often have led to certain countries becoming dominant in manufacturing vital products such as computer chips.

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Modern Societies Require Minerals, and Mining

Paul Driessen and Ned Mamula – Re-Blogged Frm WUWT

When OPEC imposed its 1973 embargo, the United States was just over 40% dependent on foreign sources for its oil. But sudden price hikes and shortages severely disrupted families and businesses.

Today the USA relies on foreign sources for 100% of 14 minerals considered to be “critical” for modern technologies and societies, and 50-96% for 19 other “critical” minerals; only two are in the 14-25% dependency range, an updated report from the US Department of the Interior (DOI) cautions.

Congressional bills would end US mining and leave USA dependent on foreign critical materials

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A Declaration of Mineral Independence Against Eco Tyranny

By Paul Driessen & Ann Bridges – Re-Blogged From WUWT

It’s an essential first step in making the USA less dangerously dependent on foreign minerals.

Many of the colonists’ grievances against King George III resonate today, as tyrannical environmentalists continue to block domestic development of minerals that are critical for our businesses, security and living standards. To protect our freedoms, we have updated that revered 1776 statement, to highlight and upend the status quo.

A Declaration of Mineral Independence

of and for the People of the United States of America

from tyrannical environmentalist organizations,

with a goal of full mineral independence by the 250th Anniversary

of America’s first Declaration of Independence, July 4, 2026

WE still hold these truths to be self-evident, that all Men and Women are created equal, and that they are endowed by their Creator and protected by our Constitution with certain unalienable Rights, that among these are Life, Liberty, the Pursuit of Happiness, which require access to the minerals that make modern societies, defense and other technologies, health and living standards possible.

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Elvis Calls for “Space Wilderness” to Protect Solar System From Mining!

By David Middleton – Re-Blogged From WUWT

I had to take a break from writing the sequel to How Climate Change Buried a Desert 20,000 Feet Beneath the Gulf of Mexico Seafloor after running across this gem on Real Clear Science this morning…

Malthusians in Space!

From The Grauniad’s “You Couldn’t Make This Sort of Schist Up If You Were Trying Desk”….

Protect solar system from mining ‘gold rush’, say scientists
Proposal calls for wilderness protection as startup space miners look to the stars

Ian Sample Science editor
Sun 12 May 2019 13.24 EDT

Great swathes of the solar system should be preserved as official “space wilderness” to protect planets, moons and other heavenly bodies from rampant mining and other forms of industrial exploitation, scientists say.
The proposal calls for more than 85% of the solar system to be placed off-limits to human development, leaving little more than an eighth for space firms to mine for precious metals, minerals and other valuable materials.

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Silver Miners’ Q4’18 Fundamentals

By Adam Hamilton – Re-Blogged From Silver Phoenix

The major silver miners have rallied higher on balance in recent months, enjoying a young upleg. That’s a welcome change after they suffered a miserable 2018. Times are tough for silver miners, since silver’s prices have languished near extreme lows relative to gold. That has forced many traditional silver miners to increasingly diversify into gold. The major silver miners’ recently-released Q4’18 results illuminate their struggles.

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by the US Securities and Exchange Commission, these 10-Qs and 10-Ks contain the best fundamental data available to traders. They dispel all the sentiment distortions inevitably surrounding prevailing stock-price levels, revealing corporations’ underlying hard fundamental realities.

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China’s Coal Output Hits Highest in Over 3 Years

By Meng Meng & Dominique Patton – Re-Blogged From Reuters

BEIJING (Reuters) – China’s December coal output climbed 2.1 percent from the year before, government data showed, hitting the highest level in over three years as major miners ramped up production amid robust winter demand and after the country started up new mines.

Miners produced 320.38 million tonnes of coal in December, according to data released on Monday by the National Bureau of Statistics. That is the largest volume since June, 2015.

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Gold Miners’ Q3’18 Fundamentals

By Adam Hamilton – Re-Blogged From Gold Eagle

The major gold miners’ stocks remain mired in universal bearishness, largely left for dead.  They are just wrapping up their third-quarter earnings season, which proved challenging.  Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted.  But these elite companies did hold the line on costs, portending soaring earnings as gold recovers.  Their absurdly-cheap stock prices aren’t justified.

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 40 calendar days after quarter-ends.  Canadian companies have similar requirements at 45 days.  In other countries with half-year reporting, many companies still partially report quarterly.

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