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NEWS Click on text to read news by category: General | Product | People | Worldwide

Sun Metals Signs Agreement to Acquire Teck’s Lorraine Copper-Gold Project, Canada

November 20, 2020

Sun Metals has entered into a purchase agreement with Teck Resources Limited to acquire Teck’s 51 percent joint venture interest in the Lorraine copper-gold project. On satisfaction of the terms of the agreement, Sun Metals will own 100 percent of

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Yamana Gold to Acquire Monarch’s Assets in Abitibi Region, Canada

November 20, 2020

Yamana Gold has entered into a definitive agreement with Monarch Gold Corporation to acquire the Wasamac property and Camflo property and mill through the acquisition of all of the outstanding shares of Monarch not owned by Yamana under a plan

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Report: Cleaning Up Coal Mines in Western States Could Create More Jobs

November 20, 2020

Cleaning up land disturbed by surface coal mining across the West could create thousands of jobs for former miners in the near term, especially as coal-dependent communities face an economic downturn and an uncertain future, a report updated last week

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Northern Dynasty Submits Compensatory Mitigation Plan for Pebble Mine, Alaska

November 19, 2020

The developer behind the proposed Pebble mine on Monday announced that the final report needed to potentially win approval for a key permit has been submitted to federal regulators. President Donald Trump’s administration could make a decision on whether to

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Telson Mining Set to Advance Funding Plans for Tahuehueto Mine Construction, Mexico

November 19, 2020

Telson Mining Corporation announced a boost Monday as it has now finalized an agreement with Trafigura Mexico SA de CV, over loans which will allow the miner to secure the necessary capital to complete construction of its partially built Tahuehueto

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Endeavour Mining to Acquire West Africa-focused Teranga Gold in C$2.4 Billion Deal

November 19, 2020

Endeavour Mining Corporation is acquiring West Africa-focused gold miner Teranga Gold Corporation in a C$2.4 billion deal to form a top 10 gold producer. The news confirms speculation last week that Endeavour would buy Teranga, a low-cost, mid-tier gold producer

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Heatherdale Resources to Resume Exploration at Niblack Project, Alaska

November 19, 2020

A Canadian mining company plans to resume exploration efforts on southeast Alaska’s Prince of Wales Island as part of a project seeking copper, gold, silver and zinc. Heatherdale Resources plans to resume work at the Niblack Project site this month

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NMA Applauds Clarification of Federal-State Relationship Under Surface Mining Reclamation Act

November 19, 2020

Rich Nolan, President and CEO of the National Mining Association (NMA), today issued the following statement on the Office of Surface Mining Reclamation and Enforcement’s (OSM) revisions to ten-day notice (TDN) regulations under the Surface Mining Control and Reclamation Act

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Production Begins at American Resources’ Leased Coal Mine in Kentucky

November 19, 2020

American Resources Corporation announced Tuesday that construction began on its leased thermal coal operation in Perry County, Kentucky. A third-party operator started carbon production under a long-term mine plan that will generate steady cash flow to American Resources of $1

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Federal Audit Finds Mine Safety Agency Not Doing Enough to Protect Coal Miners from Silica

November 19, 2020

The U.S. Department of Labor’s Office of the Inspector General has released a report that found the Mine Safety and Health Administration has not sufficiently protected coal miners from a potentially life-threatening carcinogen and contributing cause of black lung disease.

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