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Cypress to Acquire Enertopia’s Clayton Valley Lithium Claystone Project, Nevada

March 25, 2022

Cypress Development Corp. said that, together with its wholly-owned subsidiary Cypress Holdings (Nevada) Ltd, it has entered into a definitive purchase and sale agreement to acquire Enertopia Corporation’s Clayton Valley Lithium Claystone Project, located adjacent to its own Clayton Valley

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SME Releases Statement on Introduction of Mining School Funding Bill, Mining Schools Act of 2022

March 25, 2022

The Society for Mining, Metallurgy & Exploration (SME) issued the following statement on the introduction of the Mining Schools Act of 2022 (also known as the Technology Grants to Strengthen Domestic Mining Education Act of 2022). The bill would require

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Encore Energy Receives Uranium Production License for Dewey Burdock, South Dakota

March 25, 2022

enCore Energy Corp. said the U.S. Nuclear Regulatory Commission (NRC) has accepted the change of control, to enCore, of the Dewey Burdock Source and by-product materials license. “enCore appreciates the speed of the NRC in handling our license transfer from

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Electra Battery Materials Advances Construction of Solvent Extraction Plant

March 24, 2022

Electra Battery Materials Corporation has commenced foundation work of the solvent extraction plant. The project remains on budget and on schedule for a December 2022 commissioning. “Our team has been focused on both the recommissioning of our existing refinery equipment

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Blue Lagoon Resources Secures $5.7 Million to Advance Dome Mountain Gold Project, Canada

March 24, 2022

Blue Lagoon Resources has closed a non-brokered flow through financing for proceeds of $5,746,983.84. The strategic investment by Crescat Capital provided for more than 18 percent of the total financing. In addition, Crescat continues to maintain its previously secured participation

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Capstone Mining and Mantos Copper Complete Combination to Create Capstone Copper

March 24, 2022

Capstone Mining Corp. has successfully completed the previously reported transaction combining Capstone Mining and Mantos Copper following the receipt of all regulatory approvals and the satisfaction of all closing conditions. Mantos has been renamed Capstone Copper Corp., is headquartered in

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Artemis Gold Secures $280 Million to Develop Blackwater Gold Project, Canada

March 24, 2022

Artemis Gold has secured a C$360 million ($280 million) project loan facility (PLF) from Macquarie Bank and National Bank of Canada for its Blackwater gold project in central British Columbia, Canada. Under the PLF, the company will also secure up

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The Metals Company, Allseas Complete Wet-Test Commissioning of Robotic Polymetallic Nodule Vehicle

March 24, 2022

The Metals Company (TMC) has successfully deployed and wet-test commissioned the pilot robotic nodule collector vehicle together with the company’s strategic partner and shareholder, Allseas Group. During the harbor wet-test commissioning undertaken at the Port of Rotterdam, the Allseas-designed pilot

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Wyoming Senate Gives Final Approval to Coal Severance Tax Reduction

March 24, 2022

A bill that will reduce Wyoming’s coal severance tax by half a percent was approved by the Wyoming Senate. House Bill 105 gives a $10 million a year tax break for coal in an effort to keep the industry competitive.

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Hitachi Americas Kicks Off New Era in North American and Latin America

March 24, 2022

After years of preparing, Hitachi Construction Machinery Americas Inc. (HCMA) is launching the next chapter for Hitachi Construction Machinery in North America and Latin America. On March 1, 2022, HCMA officially began leading the Hitachi brand’s construction and mining equipment

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