Malini Dutt’s Post

#WhatInspiresMe - #BestAdvice ⭐️ $800,000,000,000 could be generated in #BC #Canada with new critical #Menierals #Mining! #Future #Mine are #Copper and #Gold in #BritishColumbia, one of the significant advantages of opening a mine in British Columbia, is the abundance of #natural resources and a supportive #business #environment. BC is known for its rich deposits of #minerals, including copper, gold, and other valuable #resources. Here are some key benefits: Resource #Wealth: BC is home to a diverse range of #mineral resources, making it a prime location for #mining operations. Access to these resources can be a substantial advantage for #miningcompanies. Skilled #Workforce: BC boasts a well-educated and skilled workforce, including #professionals experienced in the mining #industry. Access to this #labour pool can enhance the efficiency of mining operations. #Infrastructure: The province has a well-developed infrastructure, including #roads, #ports, and utilities, which facilitates the #transportation of goods and equipment. Proximity to #Asian #Markets: BC's location on the #Pacific coast provides easy access to Asian markets, which can be advantageous for exporting #minerals, especially to countries with high demand for resources. While there are many advantages to opening a mine in BC, it's crucial for mining companies to navigate the regulatory landscape, address #environmental concerns, and engage with local communities to ensure responsible and sustainable mining practices. #MiningIndustry #Construction #MiningEngineering #MiningEquipment #Innovation #MiningTechnology #MiningNews #Motivation #Mines #Productivity #Sales #Economy #Economics #Sustainability #Inspiration #Industrial #Efficiency #Technology #Culture #Strategy #AutomotiveIndustry #Analytics #Startups #Money #Futurism #BigData #Strategy #Energy #Utilities #Europe #Branding #Mindfulness #GreenTech #India #Investing #Money #Leadership #Management

"We can unlock the opportunity critical minerals offer B.C. if we have competitive fiscal policies that can attract and retain investment here in B.C. Workers in urban and regional centres, small towns, and First Nations communities deserve to benefit from the growth of our sector through high-paying, family-supporting jobs," says Michael Goehring, President and CEO of the Mining Association of BC. An independent analysis reveals proposed critical mineral mines in British Columbia could bring $36 billion in investment, create 300,000 person-years of employment, and generate $11 billion in tax revenues, with potential long-term impact nearing $800 billion. Addressing fiscal competitiveness, permitting efficiency, Indigenous participation, and infrastructure investment is crucial to fully capitalize on critical minerals' economic potential in B.C. Read more here 👇 #mining #britishcolumbia https://lnkd.in/dDvATXZe

The impending Critical Minerals Strategy of the State Government will prominently feature copper as a cornerstone element. This strategy is set to be shared with key industry stakeholders in the coming weeks. Copper’s indispensability to electrification technologies is the driving force behind its inclusion on the list. Forecasts predict a surge in global copper demand that will surpass current supply capabilities, emphasising the need for more copper mining. To strengthen the copper sector, the SA Government recently announced the establishment of a $2 million Copper Taskforce. Department of the Premier and Cabinet, Government of South Australia One of the problem with copper is Russia is one of leading countries when it comes to copper reserves - https://lnkd.in/gKA5KZH6. Government of Canada and Government of British Columbia as well as other provinces need to work together to develop copper mines in a sustainable way. Biodiversity is becoming key focus area as part of the ESG reporting. https://lnkd.in/gt9VbKfd I have created a few blogs and presentation on mining including what needs to happen as part of developing mining in a sustainable way: Blog – Sector – Mining – Rare Earths – MetalWorks new reserve = https://lnkd.in/gRxbeAyv   Blog – Commodities facing an uphill battle with supply and cost - https://lnkd.in/gsiQyCm3 Key lithium stocks - https://lnkd.in/guyju4vx   Blog – Sector – Mining – Copper – Kodiak Copper Corp – ESG - https://lnkd.in/gZNK6U7F   Blog – Sector – Mining – Copper – True North Copper - https://lnkd.in/g-Fuxs-C #criticalmetals #copper #coppermining #copperreserves #greentransition #grid #electricity

It’s important to pay attention to seven point agenda enumerated by minister of Mines and Mineral resources, Oladele Alake to revamp solid minerals sector. He mentioned that the Ministry will add 50% to the Nigeria’s GDP. He promised to lay a solid foundation for solid minerals sector so that there would be upward increase in GDP contribution. These are planned strategies he outlined, They are as follows: (A): Foreign Direct Investment. So many investors have been making inquiries and the govt is ready to engage them. Approval bureaucracy will be eliminated. (B): Creation of the Nigerian Solid Minerals Corporation, Joint ventures with Mining Multinationals (like IOCs). Strengthening MinDiver as per data collection. (C): Identifying seven priority minerals that will generate jobs and revenue. (D): Strengthening Mines Surveillance Task Force and Mine Police. (E): Creation of 6 Mineral Processing Centers to focus on Value added products. (F): Comprehensive review of all mining licenses. We can increase the cost of license to generate revenue for Federation Account. (G): The identified minerals are Gold, Coal, Limestone, Bitumen, Lead, Iron-Ore and Baryte. (H): Our mining laws would be reviewed in collaboration with @NGRSenate and @HouseNGR. 4: A mining road map would be launched with milestones. It’s our expectation and hope that it yield expected results and benefits all Nigerians not just the privileged ones

#WhatInspiresMe - #BestAdvice - #Future #Mine #BC #BritishColumbia #Canada one of the significant advantages of opening a mine in, is the abundance of #natural #resources and a supportive #business #environment. BC is known for its rich deposits of #minerals, including #copper, #gold, and other valuable resources. Here are some key benefits: Resource #Wealth: BC is home to a diverse range of #mineral resources, making it a prime location for #mining operations. Access to these resources can be a substantial advantage for mining companies. Skilled #Workforce: BC boasts a well-educated and skilled workforce, including professionals experienced in the mining #industry. Access to this #labour pool can enhance the efficiency of mining operations. #Infrastructure: The province has a well-developed infrastructure, including #roads, #ports, and utilities, which facilitates the transportation of goods and #equipment. Proximity to #Asian #Markets: BC's location on the #Pacific coast provides easy access to #Asian markets, which can be advantageous for exporting minerals, especially to countries with high demand for resources. While there are many advantages to opening a mine in BC, it's crucial for mining companies to navigate the regulatory landscape, address #environmental concerns, and engage with local communities to ensure responsible and sustainable mining practices. #BCCriticalMinerals #Business #BCMining #Branding #MiningCanada #CleanEnergy #EnergyTransition #Steel #BCEconomy #Mining #Industry #Engineering #Canada #Resources #CriticalMinerals #Steel #Exploration #Coal #Prospecting #Ores #Minerals #Mining #MiningIndustry #Construction #MiningEngineering #MiningEquipment #Innovation #MiningTechnology #MiningNews #Motivation #Mines #Productivity #Economy #Economics #Sustainability #Inspiration #Europe #Japan #AutomotiveIndustry #MiningBC

Cabinet approves royalty rates for mining of 12 critical and strategic minerals The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the amendment of the Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957 ('MMDR Act') for specifying the rate of royalty in respect of 12 critical and strategic minerals. This completes the rationalization of royalty rates for all 24 critical and strategic minerals. The amendment provided that the mining lease and composite license of these 24 minerals shall be auctioned by the Central Government. Today’s approval of the Union Cabinet for the specification of the rate of royalty will enable the Central Government to auction blocks for these 12 minerals for the first time in the country. The proposal is expected to increase the generation of employment in the mining sector. Geological Survey of India (GSI) and Mineral Exploration & Consultancy Ltd. (MECL) have recently handed over the exploration report of 13 blocks containing one or more of critical minerals like Cobalt, Titanium, Gallium, Vanadium and Tungsten. The Central Government launched the first tranche of the auction of critical and strategic mineral blocks in November 2023 for minerals such as Lithium, REE, Nickel, Platinum Group of Elements, Potash, Glauconite, Phosphorite, Graphite, Molybdenum, etc. Follow us on: Linkedin: https://lnkd.in/dXXXp2_P Facebook: https://lnkd.in/guNh8pre Subscribe YouTube Channel: https://lnkd.in/gxyAcHsa #MiningSector #MMDRAct #MineralAuction #RoyaltyRates #GeologicalSurvey #MineralExploration #EmploymentGeneration #StrategicMinerals #CriticalMinerals #UnionCabinetApproval #MineralBlocksAuction #ResourceDevelopment #MineralExplorationReport #rameshranjan #rameshranjan99 #currentaffairs #upsc #pcs #uppcs #uppcs #bpsc #ras #mppcs #mppsc #ias #ips #irs #civilservice #upscmotivation #motivation

#The_Singareni_Collieries_Company_Limited or #SCCL is a government-owned-coal mining corporation in India. ✓It is under the ownership of Department of Energy, Government of Telangana. ✓The Union Government's administration of the company is through the 49% ownership held by Ministry of Coal. ✓SCCL is currently operating 45 mines where 20 opencast and 25 underground mines in 6 districts of #Telangana (erstwhile 4 districts of AP) with a manpower around 45,079 as of Nov. 2020. ✓SCCL is contributing 9.2% in the all India Domestic Production. #History of #SCCL ✓In the year 1871, NIZAM's Ruled Dr.William King of the Geological Survey of India discovered coal near #Yellandu in #Khammam district and one of the important coal seams bore his name. ✓He named the upper seam of the coal as Queen seam and the lower seam as King seam. ✓The Hyderabad (Deccan) Company Limited incorporated in England acquired mining rights in 1886 to exploit coal found in Yellandu area. ✓The present Company was incorporated on "23 December 1920" under the Hyderabad Companies Act as a public limited company with the name 'The Singareni Collieries Company Limited' (SCCL). ✓It acquired all the assets and liabilities of the Hyderabad (Deccan) Co. Ltd. Best & Co., acted as Secretaries and Selling Agents. ✓The State of Hyderabad purchased majority shares of the Company in 1945. ✓From 1945 to 1949, the Hyderabad Construction Co., Ltd., was acting as Managing Agent. ✓In 1949 this function was entrusted to Industrial Trust Fund by the then Government of Hyderabad. ✓The controlling interest of the Company devolved on the Government of Andhra Pradesh in 1956 pursuant to the reorganization of States. ✓Thus, the SCCL became a Government Company under the Companies Act in 1956. ✓It is named after the village Singareni in khammam district, Telangana where the coal mines are first noticed . ✓The manner of extending financial assistance for expansion of SCCL by the Govt. of A.P., and the Govt. of India during V plan period was agreed upon in the Four party Agreement executed on 10 June 1974. ✓Subsequently, the Govt. of India decided to control its equity directly in SCCL. Accordingly, agreement was concluded on 13 December 1977. ✓The SCCL, the Government of A.P., the Government of India and Coal India Limited were parties to the agreement. ✓These two agreements are popularly called quadripartite agreements. #Happy_SCCL_formation_day #The_Singareni_Collieries_Company_Limited #Telangana #AP

Mining Industry plays a crucial role in the country's economy, serving as the backbone for manufacturing and infrastructure sectors. In 2023 , The mineral's demand is likely to increase by 3% , driven by expanded electrification and overall economic growth in India. All important points regarding "The Mines and Minerals (Development and Regulation) Amendment Act 2023" are as follows- 1. The MMDR Act, 1957 was amended in 2015 to introduce auction- based mineral concession allocation for transparency, create District Mineral Foundation (DMF) for the welfare of affected communities, establish National Mineral Exploration Trust(NMET) to promote exploration, and impose stricter penalties for illegal mining. 2. Amendments in 2016, 2020, and 2021 focused on emerging challenges and reforms, including removing the captive vs. merchant mine distinction. 3. Now Amendment in 2023 allows the private sector to mine 6 out of 12 atomic minerals such as lithium, beryllium, niobium, titanium, tantalum and zirconium. The centre will have powers to auction mining lease and composite license for critical minerals such as gold, silver, copper , zinc, lead etc. 4. The exploration license will be granted by the state government through Competitive bidding and central govt will prescribe details such as manner of auction, terms and conditions. 5. Exploration license can be granted for 5 years and may be extended for further 2 years. Exploration license holder entitled to share bid premium paid by mining lessee for the area explored. 6.If the resources are proven after exploration, the state government must conduct an auction for mining lease within 6 months of the submission of the report by the exploration licencee. Directorate General Of Mines Safety (Dgms) Indian Bureau of Mines #mmdract1957 #mmdract2023 #miningindustry #coalmining #limestone #miningprofessionals #metalindustry #centralgovernment #mines #minerals #cementindustry #dgms

In PwC South Africa’s 2023 SA Mine: Adapt to thrive report, we take a closer look at some of these factors that include productivity and infrastructure constraints, decreases in the prices of certain minerals, and increases in input costs. https://lnkd.in/daycwA-2

#BC has large tapped and untapped reserves of minerals deemed critical to Canada's economic future. With increasing global demand for metals, including #copper, the province’s critical mineral strategy has never been more important. Read more: https://bit.ly/3KpkVJy