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Compass Minerals Appoints Patrick Merrin as COO, Peter Fjellman as CFO
January 29, 2025
Compass Minerals has appointed Patrick Merrin, a seasoned operating executive in the mining industry, as the company’s new chief operations officer (COO) and Peter Fjellman, who has decades of experience in senior finance roles, as its new chief financial officer
Nevada Gold Mines and Nevada Department of Education Team Up on K-12 Education
January 29, 2025
The Nevada Department of Education and Nevada Gold Mines (NGM) have renewed its partnership for the fifth year to help K-12 teachers improve education for all 17 counties throughout the state. On Monday, Nevada Gold Mines (NGM) has also announced
Earth AI Raises $20 Million to Drive AI and Drilling Technology Development
January 28, 2025
Earth AI has secured $20 million in series B funding. New funding will drive AI and drilling technology development and accelerate project value discovery. The company plans to increase the project pipeline to more than 50 sites and increase drilling
Fortescue Makes Bid to Acquire Red Hawk Mining for $254 Million
January 28, 2025
Mining giant Fortescue has moved to acquire Pilbara-focused iron ore firm Red Hawk Mining for $254 million. Fortescue, through its wholly owned subsidiary FMG Pilbara, has proposed to buy all of Red Hawk’s shares for $1.05 per share, increasing to
Corsa Coal Files for Bankruptcy Protection Under Chapter 11
January 28, 2025
Corsa Coal said that it and each of its subsidiaries have filed for voluntary chapter 11 relief in the U.S. Bankruptcy Court for the Western District of Pennsylvania and intend to conduct a sale of assets pursuant to Section 363
Anglo American Partners with University of Birmingham to Commercialize Carbon Recycling Technology
January 28, 2025
Anglo American is partnering with the University of Birmingham and venture-builder Cambridge Future Tech to launch PeroCycle, a new venture aimed at developing and commercializing carbon recycling technology for implementation in steelmaking. PeroCycle will build upon innovations made at the
South Dakota Mines Faculty Receives $1.25 Million Grant to Research Mine Safety
January 28, 2025
Over the past 50 years, the mining industry has faced numerous catastrophic accidents linked to geotechnical failures, highlighting persistent risks despite advancements in safety. Ground collapses in metal and non-metal mines, though less frequent than other types of accidents, account
Newmont to Sell Its Porcupine Operation to Discovery Silver for $425 Million
January 27, 2025
Newmont Corporation has agreed to sell its Porcupine operation in Ontario, Canada to Discovery Silver Corp. for up to $425 million in total consideration. The transaction is expected to close in the first half of 2025, subject to certain conditions
Trump Freezes Energy Department Spending, Loans
January 27, 2025
The Trump administration has halted spending, loans and other actions at the Energy Department as part of a “comprehensive review” to ensure they align with the president’s priorities, according to a memo from the agency’s acting secretary seen by Bloomberg.
Trump Orders NEPA Changes, Faster Energy Project Permits
January 27, 2025
President Donald Trump took steps to cut back the White House’s National Environmental Policy Act rulemaking powers and to speed up permits for energy infrastructure projects powered by oil, gas, nuclear, coal, hydropower and biofuel, as well as efforts to
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