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DOE Invests Nearly $7.6 Million to Develop Energy Storage Projects
January 8, 2021
The U.S. Department of Energy (DOE) selected 29 projects to receive nearly $7.6 million in federal funding for cost-shared research and development. The projects will advance energy storage technologies under the funding opportunity announcement (FOA) DE-FOA-0002332, Energy Storage for Fossil
VanGold to Acquire Endeavour Silver’s El Cubo Mine for $15 Million, Mexico
January 7, 2021
VanGold Mining has agreed to acquire El Cubo Mine and related assets from Endeavour Silver, for a total of $15 million in a cash and share, and additional contingent payments. El Cubo is an underground gold-silver mine located in El
Olympic Steel Acquires Action Stainless & Alloys
January 7, 2021
Olympic Steel has acquired the assets of Action Stainless & Alloys, Inc., the company’s fourth acquisition in the past three years. The all-cash purchase is immediately accretive. Terms were not disclosed. Action Stainless & Alloys, based outside of Dallas, Texas,
Michigan Judge Nullifies Crucial Permit for Aquila Resources’ Back Forty Mine
January 6, 2021
Aquila Resources Inc. said on January 4, 2021, an administrative law judge for the Michigan Office of Administrative Hearings and Rules issued a decision denying the prior issuance of a wetland/stream/floodplain permit for its Back Forty Project in Michigan. By
SilverCrest Metals Secures $120 Million Financing for Development of Las Chispas Project, Mexico
January 6, 2021
Canada-based SilverCrest Metals has secured a project financing facility of $120 million for the construction of its fully-owned Las Chispas silver-gold project in the Mexican state Sonora. SilverCrest Metals expects an initial capital expenditure (capex) of $100.5 million for the
DOE Announces $4 Million for Projects to Optimize Safe, Secure, and Verifiable Carbon Storage
January 6, 2021
The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) announced plans to make $4 million in federal funding available for cost-shared research and development of tools and methods to optimize safe, secure, and verifiable carbon dioxide (CO2) storage.
NETL’s Morgantown Lab Focuses Efforts on Carbon Capture and Conversion, W.Va.
January 6, 2021
A number of intensive research and development projects are currently underway at the National Energy Technology Laboratory (NETL) in Morgantown, with scientists and engineers working on making the energy sector more efficient. Dr. Brian Anderson, the director of NETL, said
Equinox Gold Begins Staged Restart at Los Filos Mine, Mexico
January 5, 2021
Equinox Gold Corp. said the blockade by members of the Carrizalillo community at the company’s Los Filos Mine in Mexico has been removed and access to the mine has been restored. Representatives from Los Filos continue to meet regularly with
MineralAnswers.com Launches New Social Network for Mineral and Royalty Owners
January 5, 2021
MineralAnswers.com has launched its new social network, Community. Aimed at providing a peer-to-peer as well as peer-to-expert community for mineral and royalty owners. Community gives MineralAnswers.com users a way to ask questions that can be answered by other owners on
Northern Vertex Settles Dispute With Previous Mining Contractor at Its Moss Mine
January 5, 2021
Northern Vertex Mining Corp. said the company has settled a contract with the prior open pit mining contractor at the Moss mine. Golden Vertex Corp., the company’s wholly-owned subsidiary, has entered into an agreement and mutual release on December 23,
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