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Newmont to Sell Its Cripple Creek & Victor Mine and Five Other Non-Core Assets
February 26, 2024
Gold giant Newmont is putting its lone active mine in Colorado up for sale along with five other sites worldwide to restructure its mine portfolio following its $19.5 billion acquisition last year. Denver-based Newmont, said it aims to sell the
Orica to Expand Mining Chemicals Business with $640 Acquisition of Cyanco
February 26, 2024
Orica has entered into a binding agreement to acquire 100 percent of the common stock of Cyanco from an affiliate of Cerberus Capital Management for $640 million. The acquisition of Cyanco is expected to complement Orica’s established mining chemicals business
Piedmont Lithium to Sell Remaining Stake in Sayona Mining for $39 Million
February 26, 2024
U.S. miner Piedmont Lithium said it would sell its remaining shares in Australian miner Sayona Mining for about $39.28 million (A$59.9 million). Weakness in lithium prices due to global supply outweighing demand led to Piedmont cutting 27 percent of its
Artemis Gold Releases Results of Expansion Study for Blackwater Mine in B.C., Canada
February 26, 2024
Artemis Gold has released the results of an expansion study for the Blackwater Mine in Central British Columbia. Blackwater is a world-class, large-scale advanced development project in a tier-one mining jurisdiction. The construction of the phase 1 processing plant of
British Columbia Halts Proposed Changes to the Land Act, Canada
February 26, 2024
The British Columbia government says it is dropping proposed changes to the Land Act. The province was in the midst of public consultations over changes to the act, which would have allowed the province to create shared decision-making agreements with
Wood Awarded Detailed Design for Denison Mines’ Flagship Uranium Project, Canada
February 23, 2024
Wood has been awarded a detailed design engineering contract by Denison Mines for the flagship Phoenix In-Situ Recovery (ISR) mining project planned in northern Canada, helping meet global demand for uranium. The Phoenix deposit, part of the Wheeler River Project,
Richard Navarre to Succeed John Eaves as Arch Resources Chairman, John Drexler Appointed President
February 23, 2024
As part of its long-term succession process, Arch Resources said Richard A. Navarre will become chair of Arch’s board of directors at the conclusion of the company’s annual stockholders’ meeting on May 7, 2024, succeeding John W. Eaves, who will
NMA Testifies at Treasury for IRS to Uphold Advanced Manufacturing Tax Credit
February 23, 2024
The National Mining Association (NMA) testified at the Department of the Treasury among a diverse group of stakeholders calling for changes to the Internal Revenue Service (IRS) interpretation of the 45x Advanced Manufacturing Production Credit. Congress’ original intent was to
MSHA Issues Safety Alert for Operating Equipment Near Water
February 23, 2024
From 2010 through 2023, there were 19 drowning accidents. Eleven of these fatal accidents occurred when mobile equipment, operating near water, became submerged. WHEN WORKING NEAR WATER MINE OPERATORS SHOULD • Conduct workplace examinations and eliminate hazardous conditions. • Keep
Federal Appeals Court Revokes Obama-era Ban on Coal Leasing
February 22, 2024
A federal appeals court has lifted a moratorium on new coal leasing on federal land that dates back to the Obama administration. A three judge panel in the 9th Circuit Court of Appeals Wednesday tossed the moratorium saying it was
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