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DOE Funds Two Projects for $15 Million to Drive Down Costs of Geothermal Drilling

December 15, 2022

The U.S. Department of Energy (DOE) announced more than $15 million in funding for two projects that will reduce the cost of developing geothermal energy by generating at least a 25 percent improvement in geothermal drilling rates. DOE has set

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Dayco Receives Caterpillar’s Supplier Excellence Award 2022

December 15, 2022

Dayco has received Caterpillar’s “Supplier Excellence Award 2022” for exceeding the rigorous quality standards of Caterpillar. Dayco received this honor amongst the 150 top-performing suppliers gathered during a special event in Dallas, Texas. “We are proud to receive Caterpillar’s supplier

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Joshua Gold Resources Acquires Champion Gold Mine, Canada

December 14, 2022

Joshua Gold Resources Inc. (JSHG) has acquired the Champion Mine in the Kenora region of Northwest Ontario in Haycock Township. JSHG acquired the gold and silver mine as it owns contiguous mineral claims to the mine and the patent owner

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EnCore to Acquire Energy Fuels’ Alta Mesa ISR Project for $120 Million, Texas

December 14, 2022

Uranium developer enCore Energy has agreed to acquire the Alta Mesa in-situ recovery (ISR) uranium project in Texas from uranium and rare earth elements (REE) producer Energy Fuels for $120 million. The total consideration will be paid by enCore Energy

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Concurrent Technologies Receives $1.9M Grant to Extract REE from Coal Byproducts, Pa.

December 14, 2022

Concurrent Technologies Corporation (CTC) has received funding from a Pennsylvania state grant for the development of key technologies. The $1.9 million Department of Community and Economic Development grant will provide funding to support three technical areas. Through the grant, CTC

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MGX Minerals Receives Design and Build Proposal for Processing Pilot Plant at Gibraltar Project

December 14, 2022

MGX Minerals revealed that it has received a formal proposal for the design, engineering, procurement, construction, and commissioning of a 15-tons-per-day (TPD) silicon metal pilot processing plant at its Gibraltar Silicon project in British Columbia. The current price of silicon

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Wolfden Resources Gains Support from Locals for Its Pickett Mountain Mine, Maine

December 14, 2022

Two communities near a proposed mining operation have declared their support for the project. The towns of Stacyville and Hersey voted in support of Wolfden Resources, a Canadian mining company that wants to develop a precious metals mine on Pickett

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Rock Tech Releases Pre-feasibility Study for Georgia Lake Project, Canada

December 14, 2022

Canadian lithium development company Rock Tech Lithium has unveiled a pre-feasibility study (PFS) for its fully-owned Georgia Lake spodumene project in Canada. The PFS results indicate a life of mine (LOM) of nine years and recommend open pit and underground

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Sayona Mining Receives Final Permit Approval to Restart North American Lithium Operation, Canada

December 13, 2022

Emerging lithium producer Sayona Mining Limited has effectively de‐risked its North American Lithium (NAL) operation in Québec, Canada, with the award of the final permit for NAL’s restart ahead of the planned recommencement of production in the first quarter of

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Golden Tag Resources to Acquire First Majestic Silver’s La Parrilla Silver Mine Complex for $33.5M

December 13, 2022

Golden Tag Resources Ltd. has entered into a definitive asset purchase agreement with First Majestic Silver to acquire a 100 percent interest in the La Parrilla Silver Mine Complex in the locality of San Jose de la Parrilla, Durango, Mexico.

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