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Rio Tinto Acquisition of Turquoise Hill Receives Shareholder Support
December 13, 2022
Rio Tinto has received the required support from Turquoise Hill Resources (TRQ) shareholders for its proposed acquisition of the approximately 49 percent of the issued and outstanding shares of Turquoise Hill that it does not currently own. Given the transaction
Biden Admin Moves to Fund Foreign Mining Projects After Blocking Domestic Mines
December 13, 2022
The Biden administration may fund 12 critical mineral mining projects in foreign countries to advance its climate agenda despite continuously impeding domestic mining ventures, Axios reported Monday. Under Secretary of State for Economic Growth Energy and the Environment Jose Fernandez
St Barbara and Genesis Minerals to Merge in $367 Million Deal
December 13, 2022
St Barbara has agreed to acquire rival Australian miner Genesis Minerals for A$541.3 million ($367.1 million) to create Hoover House, which will exclusively focus on the Leonora District in Western Australia. The acquisition will be executed through a scheme of
U.S. Coal Exports to Europe Up 46% By Weight, 184% By Value
December 13, 2022
Europe is buying almost 50 percent more U.S. coal as winter approaches and the Russian invasion of Ukraine drags on, increasing the percentage of U.S. coal shipped to Europe to the highest level since 2016. The overall value of U.S.
Canada Aims to Speed Up New Projects With Critical Minerals Strategy
December 12, 2022
Canada on Friday unveiled a new strategy to ramp up production and processing of critical minerals vital to power electric vehicle (EV) batteries as the world seeks to shift away from fossil fuels toward cleaner technologies. The government pledged to
OSMRE Honors Five States for Exemplary Abandoned Mine Land Reclamation
December 12, 2022
The Office of Surface Mining Reclamation and Enforcement released the winners of its 2022 Abandoned Mine Land (AML) Reclamation Awards. The winning projects represent the nation’s highest achievements in abandoned mine land reclamation and demonstrate outstanding results in restoring previously
DOI Allocates $2.3 Million to Alaska and Texas for Reclaiming Abandoned Mine Lands
December 12, 2022
The Biden-Harris administration announced $2.3 million from Infrastructure Law to create good-paying union jobs and catalyze economic opportunity by reclaiming abandoned mine lands (AML) in Alaska (receiving $1.33 million) and Texas (receiving $986,367). The Department of the Interior has made
Epiroc to Acquire South African-based Collision Avoidance Systems Provider Mernok Elektronik
December 12, 2022
Epiroc has agreed to acquire Mernok Elektronik (Pty) Ltd., a South African company that provides advanced collision avoidance systems for mining companies. With this acquisition, Epiroc will strengthen its position as a world-leading provider of automation and safety solutions for
Indigenous Leaders from U.S. Northwest Seek to Curb Mining Activity in B.C., Canada
December 12, 2022
Indigenous leaders from the Northwest renewed their call this week for the federal government to pressure Canada to stop additional mining activity in British Columbia, which they say contaminates waters and threatens Native American ways of life in Alaska, Montana
MSHA Releases Winter Safety Checklist for Mine Workers and Operators
December 12, 2022
As winter approaches, the Mine Safety and Health Administration has released best practices aimed at reducing hazards related to cold weather. “Many mining injuries and fatalities could be prevented with proper training and attention to tasks,” MSHA says. Guidance for
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