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BHP Signs Agreement to Acquire OZ Minerals for $6.4 Billion
December 27, 2022
Australian mining company BHP has signed a scheme implementation deed (SID) to acquire all the share capital of OZ Minerals Limited (OZL), at a price of A$28.25 ($19) per share. The SID, signed through its wholly owned subsidiary BHP Lonsdale
Graphex Technologies Inters LOI to Produce Natural Graphite Anode Material from Mine-to-Batteries
December 27, 2022
Graphex Group Limited and its U.S. subsidiary, Graphex Technologies, has entered into a non-binding letter of intent (LOI) with Northern Graphite Corporation. The intent of the LOI is to aggregate Northern’s raw material supply capabilities with Graphex’s proven downstream processing
Ioneer’s Rhyolite Ridge Lithium-Boron Project Advances to Final Stage of Permitting, Nevada
December 22, 2022
Ioneer Ltd. said its Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada has advanced into the final stage of federal permitting with the decision by the U.S. Bureau of Land Management (BLM) to publish a notice of intent (NOI) in
B.C. and Federal Governments Reject Glencore’s Proposed Sukunka Coal Mine
December 22, 2022
The B.C. and federal governments have rejected Glencore’s proposed coal mine project in northeastern B.C., citing significant environmental impacts including to the caribou and grizzly bear populations. On Wednesday, the provincial government announced it will not issue an environmental assessment
Ramaco Resources Forms Philanthropic Organization Ramaco Foundation to Support Coal Communities
December 22, 2022
America’s coal-producing communities are fundamental to the growth and success of the country, but are too often overlooked for the support they need. For this reason, Ramaco Resources had formed the Ramaco Foundation, a philanthropic organization that will invest in
Montana Coal Mine Owner NTEC Sues BNSF
December 22, 2022
The owner of Montana’s largest coal mine is suing BNSF after a year of shipment struggles that Navajo Transitional Energy Company alleged has cost millions of dollars. NTEC, owner of Spring Creek Mine in southeast Montana, said in a lawsuit
Coal Communities in Arkansas Receive $1.7 Million to Reclaim Abandoned Mine Lands
December 22, 2022
The Office of Surface Mining Reclamation and Enforcement allocated more than $1.7 million in fiscal year 2022 funding from President Biden’s Bipartisan Infrastructure Law to reclaim abandoned mine lands in Arkansas. Millions of Americans nationwide live within just one mile
Lithium Americas to Acquire Arena Minerals in C$311 Million All-Stock Deal
December 21, 2022
Lithium Americas Corp. announced that it has agreed to acquire all of the issued and outstanding common shares of Arena Minerals Inc. that it does not already own in an all-stock transaction valued at C$311 million. The lithium projects developer
American Rare Earths Metallurgical Tests Point to Low-cost Mining and Processing Operation
December 21, 2022
American Rare Earths Ltd. (ARR) recent metallurgical tests have paved the way for a potentially low-cost mining and processing operation using conventional technology. Metallurgical work at the Halleck Creek Rare Earth Elements Project in Albany County, Wyoming, conducted by Wood Australia,
enCore Energy Receives $7 Million Uranium Reserve Contract from U.S. Government
December 21, 2022
enCore Energy Corp. said the company has been awarded a contract to sell 100,000 pounds of natural uranium concentrates (U3O8) to the Government of the United States, at a price of $70.50/pound, under the new Uranium Reserve Program. enCore is
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