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Doug Burgum

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628 total appearances
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Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

Because we don't even know what the base unused resource is. I mean, we're trying to get our hands around, you know, what is our timber worth? What is our oil and gas? And that goes back to the core mission of the U.S. Geologic Survey. Its original core mission was to map.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

So when we say it's, you know, it's map, baby, map, because then that can tell you, you know, where you're supposed to mine, baby, mine, where you're supposed to drill, baby, drill. But getting back to the mapping and working with the private sector who's outstripped Who's outstripped?

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

So when we say it's, you know, it's map, baby, map, because then that can tell you, you know, where you're supposed to mine, baby, mine, where you're supposed to drill, baby, drill. But getting back to the mapping and working with the private sector who's outstripped Who's outstripped?

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

I mean, ground penetrating radar is, you know, a new advancement that's more accurate than seismic and less intrusive. And we need to really understand what America's balance sheet is. And some of that's going to take some work for us to get out there and really survey it. And then when we have that, that's public domain.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

I mean, ground penetrating radar is, you know, a new advancement that's more accurate than seismic and less intrusive. And we need to really understand what America's balance sheet is. And some of that's going to take some work for us to get out there and really survey it. And then when we have that, that's public domain.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

Publish that information and that'll help the private sector steer where they should put their resources to help develop this.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

Publish that information and that'll help the private sector steer where they should put their resources to help develop this.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

Well, I think there was some, you know, our country was a powerful and great miner. And it was when you think back to, you know, even the early 1900s, you think about where we were, you know, what we were doing in gold and silver. And then, you know, through World War II and even up into the 1980s, we were still very strong as a mining country and a mining industry.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

Well, I think there was some, you know, our country was a powerful and great miner. And it was when you think back to, you know, even the early 1900s, you think about where we were, you know, what we were doing in gold and silver. And then, you know, through World War II and even up into the 1980s, we were still very strong as a mining country and a mining industry.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

And then there were some environmental issues, that environmental awareness. You had some Superfund sites. And it just became one of the focal points of the attack of of hay, then it sort of was all of a sudden all mining was bad as opposed to one operator in one location that maybe wasn't maintained right.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

And then there were some environmental issues, that environmental awareness. You had some Superfund sites. And it just became one of the focal points of the attack of of hay, then it sort of was all of a sudden all mining was bad as opposed to one operator in one location that maybe wasn't maintained right.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

And so then I think whether it was young people choosing careers or whether it was press, whatever, but then the regulatory environment piled on in a heavy way to the point that it's just amazing. One of the Resolution Copper, we're just in the process now of issuing them a permit. It's taken about three months here in the Trump administration. They started this process over 29 years ago.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

And so then I think whether it was young people choosing careers or whether it was press, whatever, but then the regulatory environment piled on in a heavy way to the point that it's just amazing. One of the Resolution Copper, we're just in the process now of issuing them a permit. It's taken about three months here in the Trump administration. They started this process over 29 years ago.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

I mean, this has gone three decade long saga to open up a copper mine. And guess what? We need copper more than we've ever needed before. I mean, it's part of every electric motor. It's a part of all of the advanced stuff that we're building. And so, I mean, it's thrilling that we're gonna open a copper mine in America.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

I mean, this has gone three decade long saga to open up a copper mine. And guess what? We need copper more than we've ever needed before. I mean, it's part of every electric motor. It's a part of all of the advanced stuff that we're building. And so, I mean, it's thrilling that we're gonna open a copper mine in America.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

And then some of the mines that have barely hung on, but are still going, whether it's gold or silver or others, uranium in some cases, Along with that mining process, there are critical minerals that are adjacent. I mean, we can add a critical minerals refining because it's not just that we aren't mining those raw materials. China has got the corner on the refining, not just mine to refine.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

And then some of the mines that have barely hung on, but are still going, whether it's gold or silver or others, uranium in some cases, Along with that mining process, there are critical minerals that are adjacent. I mean, we can add a critical minerals refining because it's not just that we aren't mining those raw materials. China has got the corner on the refining, not just mine to refine.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

So when they're in the Congo in Africa, pulling out those research rich minerals, they're bringing those back to China. We've got examples of companies in America that were mining in America, but there was no process. They were sending that to China and China was doing the refining.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

So when they're in the Congo in Africa, pulling out those research rich minerals, they're bringing those back to China. We've got examples of companies in America that were mining in America, but there was no process. They were sending that to China and China was doing the refining.

All-In with Chamath, Jason, Sacks & Friedberg
Doug Burgum, Secretary of the Interior | All-In DC

Well, now we're literally in a war around these critical minerals, which we need for defense, and we don't have a stockpile. So part of what we're concerned with right now and said, how do we get capital flowing back to mining? How do we start building stockpiles in America the way we have the Strategic Petroleum Reserve across the top 20 most important critical minerals?