Loading ...For me will be till tomorrow.
This rumor is going around about mid April Trump is going to make a announcement but they want you to listen to a long sales pitches which I’m guessing gets less listeners than just getting to the point.
So for those who don’t have all day to become a captive audience to sales pitches here’s the point.
Based on recent presentations by Jim Rickards, he is not talking about one single mine, but rather a series of “locked away” federal lands containing massive, untapped natural resources—primarily copper, lithium, and rare earth elements—which he claims could be unlocked by the Trump administration.
Rickards refers to this as a “$150 trillion U.S. resource” opportunity or the “American Lockbox,” aimed at unlocking “buried wealth” on over 250 million acres of federal land.
- Key Projects Mentioned:
- Resolution Mine (Arizona): A huge copper deposit he describes as sitting dormant for decades.
- Pebble Mine (Alaska): Cited as a massive source of mineral wealth that has been mothballed.
- Thacker Pass Lithium Mine (Nevada): Mentioned as a key source of lithium shut down for years.
- The “Urgent” Action: Rickards argues that by overturning the Chevron Doctrine, the Supreme Court enabled the executive branch to bypass environmental regulators and speed up the extraction of these resources.
- The “Gold” Connection: While the marketing often focuses on the trillions in material wealth (copper/lithium), Rickards frequently talks about Trump potentially revaluing U.S. gold reserves to fight inflation.
www.mexc.co +4
Resolution Copper is a major proposed underground copper mine near Superior, Arizona, jointly owned by Rio Tinto (55%) and BHP (45%). Located 60 miles east of Phoenix, it aims to be one of North America’s largest copper producers, targeting a massive deposit over 7,000 feet deep.
- Production & Impact: The mine could supply up to 25% of U.S. copper demand and create thousands of jobs, significantly impacting the local economy
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- Operations: The project uses advanced underground panel caving methods to extract ore from over 2,000 meters deep, with, at times, temperatures reaching 180°F.
- Status & Hurdles: The project is in the federal permitting process, with a Final Environmental Impact Statement (FEIS) released in June 2025. Key challenges include opposition from Native American tribes, particularly regarding the protection of the sacred Oak Flat area.
- History: The project is located at the site of the former Magma Mine, with operations beginning to ramp up after exploratory drilling in the 1990s.
Resolution Copper +7
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The Pebble Mine is a proposed, highly controversial open-pit copper-gold-molybdenum project in Alaska’s Bristol Bay watershed, currently blocked by a 2023 EPA veto over irreversible risks to the world’s largest sockeye salmon fishery
. Despite being stalled by federal environmental protection, developers and the State of Alaska are pursuing legal challenges in 2024 and 2025 to overturn this decision.
- EPA Veto: In January 2023, the EPA issued a Final Determination under the Clean Water Act, prohibiting the disposal of mine waste in the area, effectively halting the project.
- Lawsuits: The State of Alaska and developer Northern Dynasty Minerals (Pebble Limited Partnership) have filed lawsuits against the EPA in federal court, arguing against the veto.
- Opposition: Strong opposition exists from local tribes, commercial fishermen, and environmental groups, who argue the mine threatens thousands of jobs and salmon habitat.
Bristol Bay Native Corporation +4
- Location: The proposed site is in southwest Alaska, at the headwaters of the pristine Bristol Bay ecosystem.
- Size: The project is a massive ore body containing an estimated 80.6 billion pounds of copper and 107.4 million ounces of gold.
- Impacts: Experts argue that a large-scale mine in this region would create irreversible damage to aquatic ecosystems and salmon populations.
- Infrastructure: Plans include massive infrastructure projects, including roads, a pipeline, and a port, which could impact wildlife such as beluga whales.
NRDC +4
- Economic Impact: Proponents argue the project would create thousands of jobs (approximately 2,000 for construction) and provide substantial tax revenue for the state.
- Resource Value: The project is seen as a significant potential source of copper for global demand.
EBSCO +3
The Thacker Pass lithium mine in Humboldt County, Nevada, is a major, controversial project designed to be one of North America’s largest lithium sources, expected to begin production in late 2027. Led by Lithium Americas, the project aims to produce 40,000 tonnes of lithium carbonate annually for electric vehicle batteries, backed by a $2.23 billion DOE loan
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- Location: Southern end of the McDermitt Caldera, 60 miles northwest of Winnemucca, Nevada.
- Capacity: Phase 1 aims to produce 40,000 tonnes per year of battery-quality lithium carbonate, supporting roughly 800,000 electric vehicles annually.
- Timeline: Construction began in early 2023, with mechanical completion of Phase 1 targeted for late 2027.
- Ownership & Funding: Developed by Lithium Americas with significant investment from General Motors and the U.S. Department of Energy.
- Methodology: The project uses open-pit mining and on-site processing to produce battery-grade lithium, utilizing a sulfuric acid plant and focusing on recycling water (water is reused approximately seven times).
Lithium Americas +3
- Environmental Concerns: Critics, including environmental groups like Great Basin Resource Watch, have raised concerns regarding water usage, sulfuric acid pollution, and impact on local species like pronghorn antelope and sage grouse.
- Tribal Opposition: The area is considered sacred land by local Paiute and Shoshone tribes, known as Peehee mu’huh (rotten moon), and was the site of a 19th-century massacre.
- Legal Challenges: The project has faced lawsuits regarding the Bureau of Land Management’s permitting process and potential impacts on Native American cultural sites.
Wikipedia +4
The project is expected to operate for at least 46 years over multiple phases.