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Venezuela allows gold mining in river basins
Emulating the late Hugo Chávez, Nicolás Maduro makes a fuss on TV every time his government makes a decision, no matter how big or small. But that wasn’t the case this April, when Maduro’s Ministry for Ecological Mining Development, through resolution N° 0010...
US quandary: securing weapons-grade minerals without China
The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-22. It only has one rare earths mine – and government scientists have been told not to work with it because of its Chinese...
Pandemic puts China metals supply chain in jeopardy
China, the world’s top metals consumer, is looking to reboot industrial activity across the country, after the pandemic lockdown hit its economy hard. But potential shortages of key metal-making raw materials create risks to production of everything from home...
Teck profit falls in Q1
Teck reported on Monday an 84% plunge in quarterly profit, primarily due to the effects of the covid-19 pandemic and the weak performance of its energy unit. For the first quarter, adjusted profit attributable to shareholders declined to C$94 million (C$0.17 per...