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NEWS Click on text to read news by category: General | Product | People | Worldwide

Judge Strikes Down Initial Approval of Hecla’s Rock Creek Mine, Montana

April 15, 2021

A U.S. judge on Wednesday struck down the government’s approval of the first phase of a long-stalled copper and silver mine that would be constructed beneath a northwestern Montana wilderness. The decision against the Rock Creek Mine near Noxon is

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Trilogy Metals Secures Right-of-Ways for Ambler Road Project, Alaska

April 15, 2021

Trilogy Metals said the Alaska Industrial Development and Export Authority (AIDEA) has signed agreements for right-of-ways for the Ambler Road Project with the United States Bureau of Land Management and the National Park Service (NPS).  The agreements grant a 50-year

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Allegiance Coal Raises A$15 Million Towards Development of New Elk Mine, Colorado

April 15, 2021

Allegiance Coal has raised A$15 million through a private placement to fund development of its New Elk coal mine in Colorado and the Tenas project environmental assessment application in British Columbia. Allegiance is working towards bringing the New Elk into

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Capstone Closes $150 Million Silver Stream Agreement with Wheaton Precious Metals

April 15, 2021

Capstone Mining has closed the precious metals purchase agreement with Wheaton Precious Metals Corp. All conditions to complete the stream agreement have been fulfilled and Capstone has received $150 million from Wheaton for 50 percent of the silver production until

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W.Va. Coal Assoc. Applauds Legislature, Governor on Passage of Mining Industry-Related Legislation

April 15, 2021

Through the passage of various pieces of mining-related legislation, the West Virginia Legislature and Governor Justice showcased their support for coal miners and coal-fired power plant workers during the 2021 Legislative Session. “We are so very grateful for the recognition

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Baker Hughes to Acquire ARMS Reliability to Strengthen Asset Performance Management Portfolio

April 15, 2021

Baker Hughes said it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities. The acquisition

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Dept. of Labor Conducts MSHA Audit, Finds Inspectors Failed to Properly Manage Safety Violations

April 14, 2021

In an audit conducted by the U.S. Department of Labor, the Inspector General found the Mine Safety and Health Administration has long-standing weaknesses, which could jeopardize miners’ safety. Those weaknesses included providing companies more time than necessary to fix violations,

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Sphinx Resources to Acquire Former New Calumet Mine in Quebec, Canada

April 14, 2021

Sphinx Resources has signed an agreement with two prospectors to acquire 14 claims comprising the former New Calumet zinc-lead-silver mine in Pontiac District of Quebec. The deal, which has been signed with Golden Calumet Exploration and Geotest, is subject to

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DOE Launches $30M Research FO to Secure Domestic Supply Chain of Critical Elements and Minerals

April 14, 2021

The U.S. Department of Energy (DOE) unveiled up to $30 million to support scientific research that will ensure American businesses can reliably tap into a domestic supply of critical elements and minerals, such as lithium, cobalt and nickel, needed to

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American Resources Acquires Exclusive Rights to Purdue University’s Rare Earth Element Innovations

April 14, 2021

American Resources Corporation, with the addition of Hasler Ventures, has licensed ligand assisted displacement (LAD) chromatography patents and knowhow to further expanded its capability in environmentally friendly separation and purification of rare earth elements. These exclusive patents and technologies, developed

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