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Treasury Metals Secures $20 Million Royalty Financing to Fund Goliath Gold Complex to Construction
February 24, 2022
Treasury Metals has entered into a royalty agreement with an affiliate of Sprott Resource Streaming and Royalty Corp. (SRSR) in relation to the company’s 100 percent owned Goliath Gold Complex (GGC), which comprises the Goliath, Goldlund, and Miller Gold Projects.
Newmont to Acquire Buenaventura’s Stake in Yanacocha for $400 Million
February 24, 2022
Newmont and Compañia de Minas Buenaventura S.A.A. have entered into a definitive purchase agreement where Newmont will acquire Buenaventura’s 43.65 percent interest in Minera Yanacocha. “Newmont has successfully operated in Peru for more than 30 years and has deep knowledge
Syrah Resources to Invest $176 Million to Expand Graphite Processing Facility, Louisiana
February 24, 2022
Australia-based Syrah Resources will invest $176 million to expand its graphite processing facility in Vidalia in the state of Louisiana. The Vidalia facility processes graphite for lithium-ion batteries used by Tesla and other manufacturers in their electric vehicles (EVs). According
DOE Launches $140 Million Program to Develop America’s First-of-a-Kind Critical Minerals Refinery
February 24, 2022
The U.S. Department of Energy (DOE) released a Request for Information (RFI) on the design, construction, and operation of a new facility to demonstrate the commercial feasibility of a full-scale rare earth element (REE) and critical minerals (CM) extraction and
EPA Proposes Restoration of Mercury and Air Toxics Standards (MATS) Rule
February 24, 2022
The Biden administration on Monday proposed restoring the legal underpinnings of power plant pollution regulations following a Trump administration rollback. In 2020, the Trump administration undercut a regulation known as the Mercury and Air Toxics Standards (MATS) rule by changing
Piedmont Lithium Outlines 2022 Development Plans
February 23, 2022
Piedmont Lithium released an update on near-term growth initiatives with its projects in North Carolina, Quebec, and Ghana. “We are developing our assets at an opportune time with global sales of electric vehicles (EVs) having doubled in 2021, and large
Gensource Set to Begin Construction on Its Tugaske Potash Mine, Canada
February 23, 2022
Construction is set to begin this year on a Saskatchewan potash mine with a far smaller environmental footprint than industry norms, according to the company’s CEO. “We really believe this is the beginning of a new era of potash production.
Sabina Secures $520 Million to Fund Construction and Development of Goose Mine, Canada
February 23, 2022
Sabina Gold & Silver has secured a construction financing package of around $520 million for the Goose mine, which is part of its 100 percent owned Back River gold project in Nunavut, Canada. The company has completed final documentation in
Coronado to Take on Management and Operation of Four Fleets at Its Curragh North Mining Area
February 23, 2022
Coronado Global Resources said it will take on management and operation of four mining fleets from Thiess at its Curragh North mining area, which is part of the greater Curragh Complex in Queensland’s Bowen Basin. The arrangements will see Coronado
CONSOL Energy Expected to Begin Production by Year-end at Its Itmann Coal Mine, W.Va.
February 23, 2022
After years of preparation and a pandemic-induced delay, CONSOL Energy’s new metallurgical coal mine is expected to begin production by the end of the year. The Itmann Mine, in central West Virginia, represents a big step into the future for
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