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Arafura Rare Earths Secures $300 Million to Advance Its Nolans Project, Australia
May 30, 2024
Australian mineral exploration company Arafura Rare Earths has secured conditional approval for up to $300 million in debt finance from Export Development Canada (EDC), for its Nolans Project. The 12-year debt facility is a result of a geostrategic partnership between
MSHA Releases April 2024 Impact Inspections Report
May 30, 2024
The Mine Safety and Health Administration completed impact inspections at 15 mines in 11 states in April 2024, issuing 247 violations and two safeguards. An inspector issued safeguards due to site-specific standards at underground coal mines to address safety hazards
Biden Launches Largest Attack Yet on American Coal with New Lease Ban in Powder River Basin
May 30, 2024
The Biden administration is going after western coal producers with new rules published on May 17 that eliminate new coal leases in the nation’s largest coal-producing region. The Bureau of Land Management (BLM) announced the agency would halt additional leases
Epiroc to Acquire Canada-based Ground Support Solutions Business Yieldpoint
May 30, 2024
Epiroc has agreed to acquire the business of Yieldpoint Inc., a Canadian company that provides advanced ground support solutions that strengthen safety for mining and civil engineering applications. Yieldpoint is based in Kingston, Ontario, Canada, and has about ten employees.
LiTHOS Expands Executive Team to Accelerate Growth in Sustainable Lithium Sector
May 30, 2024
LiTHOS Group has made changes to its executive team to enhance operational efficiency and meet the growing demand for environmentally responsible energy solutions. The company has named Judson LaCapra as the chief development officer, Seth Coblentz as general counsel, and
Bunker Hill Mining Starts Processing Plant Construction, Production to Restart Q4, Idaho
May 29, 2024
Toronto’s Bunker Hill Mining Corp. is preparing to restart an Idaho silver, zinc, and lead mine that shut down over 40 years ago. The company started construction of the site’s new processing plant in early May. A resource expansion and
IEF Report: EV Transition Targets Out of Reach Without More Copper Mines
May 29, 2024
Targets for 100 percent electric vehicle adoption by 2035 cannot be achieved without an unprecedented acceleration in copper mining, according to the Secretary General of the International Energy Forum Joseph McMonigle. Copper is the most essential mineral for societal development,
ALX Resources Inks Deal with Denison Mines to Boost Ownership in Hook-Carter Uranium Property
May 29, 2024
ALX Resources has signed an agreement with Denison Mines to boost its ownership interest in the Hook-Carter uranium property in the Athabasca basin. Announced last week, the agreement promises to boost ALX’s ownership stake from 20 percent to 25 percent
House Oversight Committee Releases Report on Detrimental Green New Deal Agenda
May 29, 2024
The House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) issued a report outlining how the Biden administration’s Green New Deal energy policies have led to higher gas prices, growing uncertainty in America’s power sector, confusion in the market
Xcel Energy Names Rob Berntsen as Executive Vice President and Chief Legal and Compliance Officer
May 29, 2024
Xcel Energy has named Rob Berntsen as the company’s executive vice president and chief legal and compliance officer. Berntsen takes over the role from Amanda Rome, who held the position on an interim basis while also serving in her role
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