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Newcrest Mining Turns Down Newmont’s $17 Billion Takeover Bid
February 21, 2023
Newcrest Mining said that its board has determined unanimously to reject the recent $16.9 billion takeover offer from rival gold miner Newmont on the basis that it does not represent enough value for the company’s shareholders. Earlier this month, Newmont
DOE Invests $6 Million to Develop Useful Products from Coal and Coal Wastes
February 21, 2023
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has allocated $6 million in funding for six university-led research and development projects that will repurpose domestic coal resources for high-value graphitic products and carbon-metal composites
Electra Achieves First Plant-scale Recycling of Black Mass at Its Ontario Refinery Complex, Canada
February 21, 2023
Electra Battery Materials Corporation has successfully completed the first plant-scale recycling of black mass material in North America and recovered critical metals, including nickel, cobalt, and manganese, needed for the electric vehicle (EV) battery supply chain using its proprietary hydrometallurgical
National Holmes Mining Safety & Health Conference to Be Held in Texas on June 26-29, 2023
February 21, 2023
The 2023 National Holmes Mining Safety & Health Conference will take place on June 26-29, 2023 in San Antonio, Texas. Join other mining safety and health professionals for workshops about health, safety, and mine rescue presented by national and international
PNX Metals Secures Environmental Permit for Its Fountain Head Gold Project, Australia
February 21, 2023
Australian minerals exploration and development company PNX Metals has secured environmental approval for its fully-owned Fountain Head gold project. Fountain Head operation is located in the Pine Creek region of the Northern Territory, around 170km by road from Darwin. The
Georgia EPD Releases Draft Mine Plan for Twin Pine Minerals’ Titanium Mine
February 20, 2023
A plan to mine near the Okefenokee National Wildlife Refuge was released Thursday by the Georgia Environmental Protection Division (EPD). The draft plan by Twin Pines Minerals describes how the Alabama-based company would mine for heavy minerals on a tract
Allegheny Metallurgical Starts Operations in Barbour County, W.Va.
February 20, 2023
One of the state’s newest coal mining operations is opening up production in Barbour County. The new Allegheny Metallurgical operation features a unique loading system to transport coal to market. The company recently loaded its first train a the new
EPA Restores Legal Basis for Coal Plant Regulations with Final Rule
February 20, 2023
The Biden administration has restored the legal justification for regulating releases of toxic mercury from coal- and oil-fired power plants after the Trump administration made the rule easier to challenge in court. In 2020 the Trump administration undercut the legal
Ramaco Resources Increases Revolving Credit Facility to $125 Million
February 20, 2023
Ramaco Resources said its principal bank lender, KeyBank, has amended the company’s existing revolving credit agreement to increase the overall commitments under the facility to $125 million. The facility also provides the company an ability to access an additional $50
LG Chem Becomes First Korean Company to Secure Lithium from North America
February 20, 2023
By becoming the first Korean battery materials company to secure North American spodumene concentrate (SC6), LG Chem began to strengthen its supply chain. SC6 is a high-purity material that processes lithium ore, which can extract lithium hydroxide that serves as
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