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Fatality in Mine-related Material Car Incident at Harmony Gold’s Doornkop Mine, Africa
March 17, 2022
Harmony Gold Mining said that one of its employees tragically lost their life following a mine-related material car incident during the afternoon of Friday, March 11, 2022, at its Doornkop Mine, near Soweto, in the Gauteng province. “We are deeply
AMC Entertainment and Precious Metals Investor Eric Sprott Invest $56 Million in Hycroft Mining
March 17, 2022
Hycroft Mining, the owner of Hycroft Mine in Northern Nevada, has raised $56 million equity investment from precious metals investor Eric Sprott and AMC Entertainment. Under the terms of the transaction, Eric Sprott and AMC will invest $27.9 million each
Horizonte Minerals Secures $346.2 Million for Construction of Araguaia Nickel Project, Brazil
March 17, 2022
Horizonte Minerals said it signed the final documentation required for a US$346.2 million (£265 million) senior debt facility and US$25 millionn cost overrun facility for the construction of its Araguaia ferronickel project in Brazil. The first drawdown under the senior
Australia to Invest $178 Million in Critical Minerals Manufacturing
March 17, 2022
The Australian government has announced a funding of over A$243 million ($178 million) for four projects with an aim to boost the country’s critical minerals sector. The funding will be available to a A$399 million ($292.3 million) nickel manganese cobalt
Tahltan Nation Development Corporation Signs Distribution Agreement for Sandvik Equipment
March 17, 2022
Sandvik and Tahltan Nation Development Corporation (TNDC) have entered into an agreement for northwestern British Columbia and Yukon to establish TNDC as a reseller of Sandvik mining equipment, parts, tools, and digital solutions for the region. Northwestern British Columbia and
Newmont Cripple Creek & Victor Mine Employees Fired Over COVID Vaccine Speak Out
March 17, 2022
Former employees of Newmont’s Cripple Creek & Victor Gold Mining Co. (CC&V) spoke out about their recent termination for refusing to be vaccinated against COVID-19. Newmont officials announced the requirement in October that all employees must be fully vaccinated by
W.Va. Legislature Passes Bill to Cut Off Banks that Refuse to Service Coal, Oil Industries
March 16, 2022
The West Virginia legislature recently passed a bill that would allow the state treasurer to restrict the state’s business with financial institutions that adopt corporate policies to cut off financing for the coal, oil, and natural gas industries. The legislation,
Bens Creek Set to Commence Underground Mining in April 2022
March 16, 2022
Bens Creek Group has fulfilled its first two purchase orders for metallurgical coal from Integrity Coal Sales Inc. The first was completed on February 10, 2022, selling 17,000 raw tonnes, equivalent to approximately 9,000 clean tonnes. A second purchase order for
Energy Security Concerns and Surging Prices Could Give Coal Industry a New Lease on Life
March 16, 2022
The chief executive of an American coal company couldn’t find the words to describe how commodity prices in his industry have increased to sky-high levels. The value of coal has increased 10-fold, from about $50 US per tonne to $500
U.S. Gold Corp. Contracts Samuel Engineering to Complete Next Phase of CK Gold Project, Wyoming
March 15, 2022
U.S. Gold Corp. said Samuel Engineering Inc. has been awarded the next phase of engineering for its CK Gold Project in southeast Wyoming. Several engineering firms submitted bids to conduct the next phase of engineering that can lead to a
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