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American Rare Earths Advances Permitting at Cowboy State Mine, Wyoming
May 28, 2025
American Rare Earths Limited (ARR) said groundwater monitoring wells have now been successfully installed at the Cowboy State Mine, part of the Halleck Creek Rare Earths Project in Wyoming. This represents a significant step forward in the environmental permitting process
DOE Designates Coal Used in Steelmaking as a Critical Material
May 28, 2025
U.S. Secretary of Energy Chris Wright has designated coal used in the production of steel as a critical material under the Energy Act of 2020, in accordance with President Trump’s executive order Reinvigorating America’s Beautiful Clean Coal Industry. This action
Sibanye-Stillwater Rescues All 260 Miners Underground Following Shaft Incident, South Africa
May 28, 2025
Sibanye-Stillwater has confirmed that all 260 employees have safely returned to surface following the shaft incident at Kloof 7 Mine in South Africa. The company said at no point was there any risk of injury to employees during the incident,
The Metals Company Secures $37 Million Strategic Investment to Advance Deep-Sea Mineral Development
May 27, 2025
The Metals Company (TMC) has secured a $37 million direct offering through a securities purchase agreement with Michael Hess and his affiliated private investment vehicles. Brian Paes-Braga, managing partner at SAF Group and a long-time supporter of TMC, is participating
Perpetua Resources Submits $2 Billion EXIM Finance Application for Stibnite Gold Project, Idaho
May 27, 2025
Perpetua Resources said it has submitted its formal application to the Export-Import Bank of the United States (EXIM) for potential debt financing of up to $2 billion to construct the Stibnite Gold Project. Upon receipt of Perpetua’s application, EXIM is
Generation Mining Receives $300 Million Financial Support Letter for Marathon Project, Canada
May 27, 2025
Generation Mining Limited said it has received a support letter from a leading Canadian financial institution stating its interest to provide up to $200 million in a new long-term credit facility for the Marathon Copper-Palladium Project. This credit facility would
Newmont Celebrates 10th Anniversary of Red Chris Mine with $6 Million to Three Tahltan Communities
May 27, 2025
Newmont Corporation has contributed a $5.8 million (CAD$8 million) community investment to benefit the Tahltan Nation as part of its celebration of the tenth anniversary of the Red Chris Mine. The investment, which will benefit the communities of Telegraph Creek,
Harmony Gold to Acquire Australia-based Mac Copper in $1 Billion Deal
May 27, 2025
Harmony Gold has entered into a binding agreement to acquire MAC Copper Limited at a price of $12.25 per MAC share in cash. The transaction implies a total equity value for MAC of $1.03 billion. MAC has a 100 percent
Underground Mining Activities at Ivanhoe’s Kakula Mine Suspended After Seismic Activity, DRC
May 27, 2025
Ivanhoe Mines released an operational update on the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo, following the temporary suspension of operations at the Kakula underground mine on May 20, 2025. Senior management and a world-class team of
Barrick Opposes Mali Government’s Attempt to Take Over the Day-to-Day Operations at Loulo-Gounkoto
May 27, 2025
A ruling by the President of the Bamako Commercial Tribunal following submissions made on May 22 by Barrick’s Loulo and Gounkoto mines opposing the Malian government’s request to place the mining complex under provisional administration, is expected on June 2.
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