Wanted!: #Mining Engineers & Geo’s

Coming labor precipice in mining sector as shortage of skilled engineering and geo's risks crimping output of critical #metals.

#AI and automation may further reduce the sector's reliance on skilled labor.

The flip side? Drop in mining graduates means those who do choose to go into the industry have a lucrative career ahead.

From Bloomberg:

It's getting harder to find the Mining engineers the world needs.

Fewer students want to be geologists or engineers, partly due to mining's negative image regarding pollution, human rights and gender equality. That's leaving the industry with an aging workforce:

Some 80% of the 1,250 mining engineers registered with the UK's Engineering Council are over 50, and 40% are at least 60!

$FIL.TO @Filo Reports 1,406m @ 1.13% #Copper CuEq, incl. 56m @ 5.79% CuEq

$FIL.TO @Filo Reports 1,406m @ 1.13% #Copper CuEq, incl.  56m @ 5.79% CuEq; Geotech Hole Encounters Unexpected 12m at 5.21 g/t #Gold from 36m,  600m east of the Aurora Zone.

Drilling is ongoing with nine rigs active on the project, focusing on Aurora infill and the Aurora-Bonita gap.

How #China cornered the market for #CleanTech-Right Under the West's Nose...

Following up on yesterday's FT article "The New Commodities Superpowers" on how #BatteryMetals producers are looking to establish their own cartel, today the FT goes deeper into how China cornered the market for the building blocks of clean technologies.  

"China today is responsible for the production of about 90% of the world’s rare earth elements, at least 80% of all the stages of making solar panels and 60% of wind turbines and electric-car batteries. In some of the materials used in batteries and more niche products, China’s market share is close to 100%."

This has led to serious geopolitical challenges in the West s they seek to transition away from fossil fuels.