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Fatality from Rockfall at Capstone Mining’s Cozamin Mine in Mexico
March 10, 2021
Capstone Mining reported a fatal accident at its Cozamin mine in Mexico on March 7, 2021. The isolated incident occurred underground and involved one of its contractor’s employees. The contractor was pinned by a rockfall from the drill face. He
Newmont to Acquire Remaining Stake in GT Gold for $311 Million
March 10, 2021
Newmont Corporation entered into a binding agreement in which Newmont will acquire the remaining 85.1 percent of common shares of GT Gold not already owned by Newmont. Newmont will acquire each GT Gold share at a price of C$3.25, for
Rio Tinto to Invest $2.9 Million to Build New Tellurium Plant at Kennecott Mine, Utah
March 10, 2021
Rio Tinto will begin construction on a new plant that will recover tellurium, a critical mineral used in solar panels, from copper refining at its Kennecott mine near Salt Lake City, Utah. Rio Tinto is investing $2.9 million to set
12 States Sue Biden Administration Over Climate Policies, ‘Massive Expansion’ of Regulations
March 10, 2021
A group of Republican state attorneys general alleged in a federal lawsuit filed Monday that President Joe Biden’s climate policies are a major overreach and could damage their states’ economies. The 12-state coalition said Biden overstepped his constitutional authority by
The Weir Group’s ESCO Selects Kinaxis to Enable Global Supply Chain Transformation
March 10, 2021
Kinaxis® has been selected by ESCO,® a division of The Weir Group, to transform its global supply chain and provide the agility and responsiveness needed to deliver innovative and quality products that enhance its customer safety and productivity. ESCO is
Allegiance Coal Raises A$10-million to Develop New Elk Mine, Colorado
March 9, 2021
Allegiance Coal has raised A$10-million through a share placement to sophisticated and professional investors, fully funding its New Elk coal mine, in Colorado, through to development. The latest placement was an extension of the A$15-million capital raise completed in February
Rich Nolan: Build it Back with Appalachian Coal
March 9, 2021
Tens of millions of Americans are now vaccinated, and millions more will be very soon. The U.S. appears to be turning the corner on the pandemic, and as we shift from just trying to hold the economy together to rebuilding
Canada-based DeepGreen Metals to Merge with SOAC in $2.9 Billion Deal
March 9, 2021
DeepGreen Metals has agreed to merge with Sustainable Opportunities Acquisition (SOAC) in a deal that values the combined company at $2.9 billion. Based in Canada, DeepGreen Metals develops battery metals from seafloor polymetallic nodules. Post-merger, the combined entity will be
Alabama Mining Academy Expands to Offer Longwall Mining
March 9, 2021
In Walker County, Alabama, work is under way on the longwall expansion project of the Alabama Mining Academy at Bevill State Community College (BSCC). The existing mining building already has a working section that simulates coal extraction at the school’s
DOE Invests $24 Million to Advance Transformational Air Pollution Capture
March 9, 2021
The U.S. Department of Energy (DOE) announced up to $24 million for research into technology that captures carbon emissions directly from the air, replicating the way plants and trees absorb carbon dioxide (CO2). This technology, known as direct air capture,
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