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Bullboard - Stock Discussion Forum Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south... see more

TSX:KRR - Post Discussion

Karora Resources Inc > Green revolution has Democrats going big on mining
View:
Post by horace5 on Apr 01, 2022 4:06pm

Green revolution has Democrats going big on mining

April 1, 2022


“Sen. John Hickenlooper (D-Colo.) said during the hearing that hardrock mining and minerals will ‘play a pivotal role’ in the energy transition. ‘Mineral technologies moving hand in hand, evolving together,’ Hickenlooper said, is how ‘civilization has always progressed.’


Sen. Ron Wyden (D-Ore.) said it is ‘essential’ to produce more minerals at home and ‘reduce our country’s dependence on foreign-produced minerals.’ Wyden, who recently introduced a bill that would subsidize some mining activities, said ‘reducing that dependence’ on other countries is ‘as much a national security issue as it [is] an environmental’ one (E&E Daily, March 9).


And Sen. Catherine Cortez Masto (D-Nev.) called for the government to ‘streamline our permitting’ process, and declared that mining in Nevada will one day make her state 'a nexus for our clean energy and our critical mineral future.’”


https://www.eenews.net/articles/democrats-go-big-on-mining-will-there-be-a-backlash/

 

 
Comment by Pandora on Apr 02, 2022 1:12am
Yep, makes a lot of sense from an environmental point of view. Dig up as much of the terrain as we can looking for the special minerals and cover all the rest with windmills and solar panels so we can pat ourselves on the back for stopping all that drilling. And all of this in theory is supposed to end up in cheap electricty rates and a clean environment? Damn that common sense and logic sure ...more  
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