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U.S. Eases Sanctions on Venezuela Oil, Gas, and Gold Sectors after Election Deal
October 20, 2023
The United States is easing sanctions on Venezuela after the South American country’s government and opposition agreed to have next year’s election monitored by international observers. Sanctions will be eased on Venezuela’s oil, gas, and gold sectors. The next election
Fortuna Silver Mines Completes $57M Acquisition of Chesser Resources
October 19, 2023
Canadian precious metals mining company Fortuna Silver Mines has completed its $57.05 million (A$89 million) acquisition of Australian gold miner Chesser Resources. The transaction was implemented by way of a statutory scheme of arrangement pursuant to the Australian Corporations Act
Sandvik Introduces AutoMine® Core Automation Platform for Mass Mining Operations
October 19, 2023
Sandvik Mining and Rock Solutions has introduced AutoMine® Core, a comprehensive automation platform for mass mining applications to support customers ramping up from manual operation to fully autonomous production. Built on Sandvik’s proven AutoMine® Fleet and Manual Production Monitoring (MPM)
DOE to Invest $7 Billion in Clean Hydrogen Hubs
October 19, 2023
The U.S. Department of Energy (DOE) will invest $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of low-cost, clean hydrogen — a valuable energy product that can be produced with
MINExpo INTERNATIONAL Gears Up for Huge Show in 2024
October 19, 2023
MINExpo 2024 Las Vegas will be the world’s largest and most comprehensive global mining equipment, products and services exhibition. Organized by the National Mining Association (NMA), MINExpo INTERNATIONAL is a gathering place for all persons involved in mining equipment, safety
Lithium Americas Completes Reorganization, Creates Two Leading Lithium Companies
October 19, 2023
Lithium Americas, now Lithium Americas (Argentina) Corp. and a new Lithium Americas Corp. have completed the reorganization of Lithium Americas into two independent publicly traded companies, implemented by way of statutory plan of arrangement. “We look forward to seeing these
Austin Engineering Receives $20 Million Grant, Loan Program for New Manufacturing Facility, Wyoming
October 19, 2023
Austin Engineering Limited has achieved a significant development milestone and moved a step closer to undertaking a major rebuild and expansion of its U.S. manufacturing base in Casper, Wyoming after securing the benefit of a $20 million grant and loan
Strike Ends at Newmont’s Peñasquito Mine in Mexico
October 19, 2023
Newmont Corporation has reached a definitive agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic to end the strike initiated by the Union on June 7, 2023, at the company’s Peñasquito Mine located in
Ambler Road Access Hits a Snag with Release of DOI’s Supplemental Environmental Impact Study
October 18, 2023
A road critical to operating a proposed open-pit mine in a remote part of Alaska hit a new hurdle Friday when the Biden administration issued a finding that the road could threaten Alaska Native communities and their lifestyle more than
Piedmont Lithium Invests in Vinland’s Killick Lithium Project in Newfoundland, Canada
October 18, 2023
Piedmont Lithium has formed a strategic partnership with the newly minted Vinland Lithium, investing $1.5 million (C$2 million) for a 19.9 percent equity stake. The partnership will support Piedmont’s strategy to grow its hard rock lithium resource base with a
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