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American Eagle Gold to Focus on Exploration in Canada, Change Company Name to Drillore Exploration
July 8, 2022
American Eagle Gold said it has decided to make a strategic shift to focus on exploration in Canada as it confirmed plans to change the name of the company to Drillore Exploration Inc. The company said its focus will be
Cabin Ridge Holdings Launches $3.4 Billion Lawsuit Against Alberta Government Over Coal Mining Ban
July 8, 2022
The Alberta government is facing a more than $3.4 billion lawsuit over its decision to end all new coal-related exploration on the eastern slopes of the Rocky Mountains. Calgary-based Cabin Ridge Project Ltd. and its parent company, Cabin Ridge Holdings
Epiroc Secures Large Battery-Electric Equipment Order for Glencore’s New All-Electric Mine, Canada
July 8, 2022
Epiroc has won a large order from Glencore in Canada for battery-electric equipment and automation solutions that will be used at what will be one of the world’s first all-electric mines. Glencore’s Sudbury Integrated Nickel Operations has ordered a full
Alamos Gold Completes Construction and Initial Production at La Yaqui Grande Mine, Mexico
July 8, 2022
Alamos Gold Inc. has achieved initial gold production from the La Yaqui Grande mine, following the completion of construction this month, ahead of schedule. Stacking rates continue to ramp up with leaching activities beginning earlier in June. To mark the
Hecla to Acquire Canadian Silver Producer Alexco Resource
July 7, 2022
US-based gold and silver miner Hecla Mining has agreed to acquire the remaining stake in Alexco Resource in an all-stock transaction that values Alexco’s shares at $0.47 each. Alexco owns and operates the Keno Hill Silver District in Canada’s Yukon
SilverCrest Pours First Silver and Gold at Las Chispas Mine, Mexico
July 7, 2022
SilverCrest Metals said it has poured its first silver and gold at the company’s Las Chispas Mine located in Sonora, Mexico. The first precious metal pour was completed on June 30, 2022 and consisted of 312 kilograms of dore with
Albemarle Urges U.S. to Cut Red Tape to Boost Lithium Supply Chain
July 7, 2022
The world’s largest lithium producer is urging the U.S. government to cut red tape to accelerate a build-out of a domestic supply chain for materials needed for batteries, electric vehicles and cleaner technologies while cutting dependence on China. China has
U.S. Steel to Invest $150 Million at Its Minnesota Mine
July 7, 2022
U.S. Steel will spend about $150 million to upgrade one of its two Minnesota mines to produce a new kind of iron ore feedstock — pellets needed to supply the kind of mills that now dominate the nation’s steel industry,
Nevada Gold Mines Completes Draft EIS for Goldrush Mine Project, Nevada
July 6, 2022
The Bureau of Land Management said the draft environmental impact statement for the Goldrush Mine Project proposed by Nevada Gold Mines (NGM) is now available for public review and comment, an important step toward the development of a major new
Nevada Copper Continues Talks on Financing, Updates on Pumpkin Hollow Underground Mine
July 6, 2022
Nevada Copper revealed it is in continuing discussions with third parties and financing partners as it updated investors on operations at its Pumpkin Hollow underground copper mine in Nevada. As reported previously, the company is seeking additional funds to continue
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