Mining and climate change

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.

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