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Alpha Metallurgical Resources Issues Statement on Misleading Report By Activist Short-selling Firm
May 19, 2022
Alpha Metallurgical Resources issued the following statement regarding a report from an activist short-selling firm containing false and misleading characterizations about Alpha’s business. “We have worked hard to earn a strong reputation for ethical operations and transparent reporting, and these
W.Va. Receives $26.6 Million for Abandoned Mine Land Economic Revitalization Projects
May 19, 2022
U.S. Senators Shelley Moore Capito (R-W.Va.) and Joe Manchin (D-W.Va.), both members of the Senate Appropriations Committee, today announced $26.6 million from the U.S. Office of Surface Mining Reclamation and Enforcement (OSMRE) for Abandoned Mine Land Economic Revitalization (AMLER) projects
Newmont Publishes 2021 Climate Report
May 19, 2022
Newmont Corporation published its 2021 Climate Report, the company’s annual report prepared in alignment with the recommendations of the task force on climate-related financial disclosures (TCFD). The report outlines how Newmont understands and is addressing climate change — from reducing
Lion Copper and Gold Secures $3.5M from Rio Tinto in Advance Its Mason Valley Assets, Nevada
May 18, 2022
Lion Copper and Gold Corp. has reached final agreement with Rio Tinto America Inc. on the scope of the Stage 1 Program of Work. “We appreciate having quickly attained Stage 1 agreement with Rio Tinto’s Nuton™ team and look forward
Champion Iron to Acquire Iron Ore Pelletizing Facility in Québec for $195 Million, Canada
May 18, 2022
Champion Iron has signed a deal to acquire the Pointe Noire iron ore pelletizing facility in Sept-Iles, Québec, Canada from Société Ferroviaire et Portuaire de Pointe-Noire (SFPPN) for a cash consideration of C$2.5 million ($1.95 million). In addition to that,
OSMRE Allocates $122.5 Million in Abandoned Mine Land Economic Revitalization Grants
May 18, 2022
The Office of Surface Mining Reclamation and Enforcement announced today $122.5 million in fiscal year 2022 funding for Abandoned Mine Land Economic Revitalization grants. The six Appalachian states with the highest number of unfunded high priority abandoned mine land problems
Newrange Gold Encouraged by Exploration Progress at Ontario Gold Properties, Canada
May 18, 2022
Newrange Gold Corp gave shareholders a glimpse into its progress at its exploration-stage properties in Ontario. The past-producing high-grade Argosy gold mine is open to depth, while the adjacent North Birch project has additional blue-sky potential, according to Vancouver-based Newrange.
Minto Metals Strikes New Extended Offtake Deal with Japanese Titan Sumitomo Corp.
May 18, 2022
Minto Metals says it has struck a more favorable offtake deal for copper concentrate from its Yukon mine with Japanese trading titan Sumitomo Corporation (SC). The deal, effective from May 16 this year, extends the existing arrangement between the two
Hopes Fade for Missing Miners at Trevali’s Perkoa Mine in Burkina Faso, Africa
May 18, 2022
Rescue workers have found no survivors in a rescue chamber deep inside a flooded zinc mine in Burkina Faso, the government and the mine owner said on Tuesday, all but extinguishing hope that eight missing miners could still be alive
Strata Worldwide Appoints Tony Napier as President and Managing Director of Australian Operations
May 17, 2022
Strata Worldwide has appointed Tony Napier as president and managing director of its Australian operations in February of 2022. Tony Napier is based at the company’s head office in Newcastle, New South Wales, and brings more thean 30 years of
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