To go electric, America needs more mines. Can it build them?
Biden plans to allow mines that produce EV metals to be developed under existing environmental standards, rather than face a tightened process that would apply to other materials.
However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018.
Lack of clarity on environmental rules, overlapping federal and local taxes, and regulations that vary from province to province continue to loom over proposed mines.
Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.
Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.