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BHP Group Orders Wabtec’s FLXdrive Battery Locomotives
January 19, 2022
Wabtec Corporation has received an order from BHP Western Australia Iron Ore (WAIO) for two FLXdrive battery locomotives. The deal builds momentum in the market for the world’s first 100-percent, battery-powered locomotive and supports the Australia-based natural resource company’s plan
West Virginia Dumps BlackRock Investment Fund Over Anti-energy Stance
January 19, 2022
West Virginia state Treasurer Riley Moore announced Monday that his state would end the use of a BlackRock Inc. investment fund over the firm’s push for climate-focused investment strategies that Moore says threaten his state’s economy. “As the state’s chief
SSR Mining to Sell Pitarrilla Project to Endeavour Silver for $127 Million
January 18, 2022
Canada-based SSR Mining has signed an agreement with Endeavour Silver to sell its Pitarrilla project for a total consideration of $127 million. Located in the State of Durango, Mexico, Pitarrilla is a silver, lead, and zinc project. The consideration includes
Biden Administration to Maintain Trump-era Coal Leasing Program on Public Lands
January 18, 2022
In a court filing on Thursday, the Biden administration chose to maintain a Trump-era decision that abandoned the Obama administration’s coal leasing moratorium on public lands. In a court filing on Thursday, the Biden administration chose to maintain a Trump-era
Western Canada Leads the Way with Carbon Capture Utilization & Storage
January 18, 2022
Carbon capture utilization and storage (CCUS) is an important strategy as Canada moves to decarbonize the economy. With Canada taking measures to reach net-zero emissions by 2050, including creating a national backstop that places a price on greenhouse gas (GHG)
South32 Estimates Capex of $1.7 Billion to Develop Hermosa Polymetallic Metals Project, Arizona
January 17, 2022
South32 has estimated capital expenditure (capex) of around $1.23 billion in direct costs and $470 million in indirect costs to develop the Taylor deposit of its 100 percent owned Hermosa polymetallic metals project in Arizona. The Taylor deposit is the
Equinox Gold Begins Construction of Its Greenstone Mine in Geraldton, Canada
January 17, 2022
The Vancouver company building a new gold mine on the edge of Geraldton said it’s coming off a very good year, and is flush with cash to boot. Equinox Gold chief executive officer Christian Milau said Thursday the last business
Collateral Damage in the Energy Transition: Government Revenue
January 17, 2022
As the world shifts to a greener future, the fossil fuel industry is often quick to point out that communities reliant on oil, gas and coal production risk being left in the lurch. If the industry disappears, it argues, it
Mining Ban Near BWCA Once Again on the Table, Minnesota
January 17, 2022
The ongoing tug-of war over whether mining should be allowed near the pristine Boundary Waters Canoe Area Wilderness (BWCA) has been rekindled with strong opinions on both sides of the issue. Federal officials once again gathered feedback from the public
Virginia Gov.-elect Youngkin Taps Trump-era EPA Chief Andrew Wheeler as Natural Resources Secretary
January 17, 2022
Virginia Gov.-elect Glenn Youngkin on Thursday announced Andrew Wheeler, former Environmental Protection Agency administrator in the Trump administration, as his pick for secretary of natural resources, Politico reports. ‘‘Virginia needs a diverse energy portfolio in place to fuel our economic
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