https://www.mining.com/minings-unlikely-heroines-greta-thunberg-and-aoc/

This article is quite long, but in its defense the long winded message is this...The only way to go green is by mining those metals that can allow for the production of green technology....So, the only way to do this is by promoting more green mining...Which inadvertently both Greta Thunberg and Alexandria Ocasia Cortez (AOC) are doing, in their fight to stop global warming and pollution.  Therefore, one could assume that if a miner uses this new green technology to mine for these metals that support green technology then theoretically they should not be met with opposition.  But rather encouragement, funding and support.  Especially, if this mining is done under a social license that improves the lives of others through prosperity, employment, health and well-being.

Yes.  I believe Alan is right.  Noront is well positioned to do this....and more.  Something I think both Greta and Alexandria should applaud them for.

Quotes from the article:

.....Some estimates put the green economy in the US at $1.3 trillion in annual revenue already – that’s 7% of GDP – with a workforce of 9.5m Americans.  

Within the Green New Deal is a goal of “meeting 100% of the power demand in the United States through clean, renewable, and zero-emission energy sources”......

.....A seminal paper by Bernstein’s European mining and metals team led by Paul Gait outlines just how fundamental a restructure of the global industrial economy is necessary to bring this – or even a fraction of this – about. 

And all of it to the great benefit of mining.....

......Keep in mind those are the additional tonnes just for renewable energy networks and electric cars that comes on top of the 20 million tonnes of annual copper consumption in other industrial sectors.  

If the first industrial revolution was powered by dark satanic mills, copper’s red hot smelters will drive the green revolution.

This is still your great-great-grandfather’s copper mine 

The Green New Deal is full of big numbers. 

Here’s another one: Producing that amount of copper would require blasting, crushing and grinding 130 billion with a B tonnes of rock at current ore grades. 

Captain Copper, superhero created to teach kids about the metal, by Chile state miner Codelco

And those grades will only continue to fall over the next 50 years, not least because the average weighted age of the world’s 20 largest copper mines is 91 years.....

.....Unsurprisingly, AOC and the Green New deal does not once mention mining.....

....Thunberg’s only mining pronouncements have been in support of German coal and Turkish gold protests.

It’s not just the green lobby – and wittingly or unwittingly their donors – that have a blind spot when it comes to mining. 

Investors are shunning the sector too. And overwhelmingly in favour of fossil fuel. 

Private capital dedicated to natural resource investment have assets under management of $689 billion according to a Preqin report. Mining’s share? $19.9 billion......

....The 15 funds looking for mining and metals investors could not raise a cent in the third quarter and dry powder (money ready to be invested) is less than $5 billion, which would not cover the outlay for a single large-scale copper mine.....

.....The chart shows that the much-admired mining industry rerating since end-2015 is more akin to a death rattle than a recovery.....

.....We live in a world where TikTok (ask your tween) is valued at twice as much as Glencore, the world’s largest commodities trader with annual revenues of $220 billion.....

.....Every tonne of copper embedded in the global economy has the potential to remove ~500 tonnes of CO2 per annum, according to Bernstein. 

The math may be hard (see formula), but the message cannot be simpler. 

There is no green economy without copper (and nickel, cobalt, vanadium, praseodymium… go down the periodic table if you must).  

Big Mining has failed to grasp the opportunity presented by climate change.  

At the moment, mining is lumped together with oil and gas as just another “extractive” industry “exploiting” natural resources.

 ....Going all in on the green economy and decarbonisation requires siding with the greens against fossil fuels.....

.....It means selling global mining as the solution to climate change because mining metals is the only path to green energy and green transport......Comment: Don't forget green mining.

....The market capitalisation of such entities as Facebook or Netflix imply that there is more than enough money, more than enough capital to deliver whatever economic transformation is required. The fact that our revealed preference (amusing cat videos) is at variance with our stated preference (a sustainable economic future for our children) should not be erroneously taken to infer that there is some financial constraint on the ends we choose to pursue.....

Comment: When it comes to supporting green technology that will help in the reduction of pollution, and facilitate the decarbonization of our planet, money should not be the limiting factor.  By saying this we should be encouraging mining, instead of demonizing it, and stop consistently unfunding those projects which seek to find metals needed for green technology. Because, again...Without these metals there will be no green technology to save us.

Thank you both Greta and Alexandria for supporting mining.

TM.