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Newmont Posts Strong First Quarter Results as Investors Turn to Gold
May 6, 2020
Not all extractive firms have been hurt by the impact of coronavirus on the global economy — as gold specialist Newmont proved today (May 5) with a more than six-fold increase to net income during the first quarter of 2020.
Trump Administration Drafts Pact for Mining On the Moon
May 6, 2020
The Trump administration is drafting a legal blueprint for mining on the moon under a new US-sponsored international agreement called the Artemis Accords, according to people familiar with the proposed pact. The agreement would be the latest effort to cultivate
President Trump Signs Executive Order to Secure Nation’s Bulk Power System
May 6, 2020
U.S. President Donald Trump on May 1 signed an executive order that seeks to secure America’s bulk power system (BPS) from foreign adversaries. The bulk power system is vital to the country’s energy security, supporting national defense, emergency services, critical
Judge Halts Excellon Resources’ Gold Mine Project in Eastern Idaho
May 6, 2020
Exploration work by a Canadian company hoping to build an open-pit gold mine in Idaho west of Yellowstone National Park was halted following a federal judge’s ruling involving its impact on groundwater. U.S. District Court Judge B. Lynn Winmill on
Entergy Shuts Down Indian Point 2 Nuclear Reactor, New York
May 6, 2020
After more than 45 years in production, the Indian Point 2 nuclear reactor was shut down on April 30, as scheduled. The facility, located at Indian Point Energy Center in Buchanan, N.Y., is owned and operated by Entergy Corp. The
Virginia Gov. Northam Raises Energy Costs as Hundreds of Thousands Are Out of Work
May 6, 2020
If there ever was a time not to enact policies that would cost families, it would be in the midst of an economy-killing global pandemic. With coronavirus rampaging throughout Virginia, effectively closing the commonwealth’s economy and pushing 306,000 people out
Avondale Mine Memorial Park Vandalized, American Flags Burned, Pennsylvania
May 6, 2020
Two American flags were burned and plexiglass to a kiosk was smashed at the Avondale Mine Memorial Park. Steve Konrad, president of the Plymouth Historical Society that owns and maintains the memorial park, believes the vandalism occurred Sunday afternoon. Broken
Lincoln Provides Permitting Updates on Its Pine Grove Gold Mine Project, Nevada
May 5, 2020
Lincoln Gold Mining continues unabated on its permitting efforts on its Pine Grove Gold Mine Project despite the Covid-19 pandemic. The permitting of the project in the gold rich, politically stable State of Nevada is progressing with its consultants working
Eastmain Options Ruby Hill Properties to Benz Mining; Amends Eastmain Mine Project Option
May 5, 2020
Eastmain Resources has optioned to Benz Mining, the Ruby Hill East and West properties. The property is located immediately west of the Eastmain Mine Project, which was optioned to Benz in August 2019. In conjunction with the option, Eastmain is
CBMM and Boston Metal to Trial Next-Generation Technology for Production of Niobium Products
May 5, 2020
CBMM and Boston Metal entered into a strategic partnership to trial Boston Metal’s molten oxide electrolysis (MOE) technology for the production of niobium products. Together, the companies will deploy the MOE technology at CBMM’s production plant in Araxá, Brazil with
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