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Mining and climate change


Climate change is also an issue in the mining sector.

According to the German Federal Environment Agency, mining is responsible for around six to eight percent of global CO2 emissions. Of this, around two percent is generated in the extraction of metals and industrial materials. Today, 0.5 to one percent of vehicle fleets are fully electric. Renewable energy is rarely used. Mining consumes a lot of water and often takes place in very dry regions. Work is being done on closed water circuits and on increasing the number of electrically powered vehicles. Mining operations and transport chains are also an issue. So reducing energy production from fossil fuels is also an issue in mining.

Just as on the one hand mining is necessary to produce solar cells, lithium-ion batteries or wind turbines, on the other hand mining must also ensure sustainability and decarbonization for itself. As the world\-s population grows, so does the demand for raw materials. In addition, the middle class is growing. Social responsibility, climate awareness and sustainability are becoming increasingly important in mining.

One gold company that is particularly committed to environmental concerns, sustainability, and working with regionally affected groups in Nicaragua is Calibre Mining – https://www.youtube.com/watch?v=39x7dnBTnhw -. In the second quarter of 2022, the company also scored with a record production of almost 60,000 ounces of gold. This was 37 percent more than in the same quarter last year.

Torq Resources – https://www.youtube.com/watch?v=YjqrYpvif3w – also places great value on the environment, culture, responsibility, respect and people. The copper and gold exploration company has promising and high-quality holdings in Chile.

Current corporate information and press releases from Calibre Mining (- https://www.resource-capital.ch/en/companies/calibre-mining-corp/ -) and Torq Resources (- https://www.resource-capital.ch/en/companies/torq-resources-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Posted by on 1. August 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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