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Artemis Gold Delays First Gold Pour at Its Blackwater Mine, Canada
January 6, 2025
Artemis Gold has encountered unexpected setbacks in the commissioning of its Blackwater Mine, leading to a delay in the anticipated first gold pour. Originally scheduled for the Q4 of 2024, the company said on Tuesday that the target has been
Nippon Steel and U.S. Steel Release Comments Over Government’s Decision to Block Acquisition
January 6, 2025
Nippon Steel Corporation and United States Steel Corporation issued the following statement on President Biden’s decision to block their proposed transaction. “We are dismayed by President Biden’s decision to block Nippon Steel’s acquisition of U. S. Steel, which reflects a
Mattr Completes $280 Million Acquisition of AmerCable
January 6, 2025
Mattr Corp. has closed its acquisition of AmerCable, which now forms part of Mattr’s Connection Technologies reporting segment. Under the terms of the transaction, Mattr has acquired all of the outstanding shares of AmerCable from Nexans USA for a purchase
Ormat Starts Operations at Montague Energy Storage Facility, New Jersey
January 6, 2025
Ormat Technologies has commenced commercial operations at its Montague energy storage facility. This 20MW/20MWh Battery Energy Storage System (BESS), located in New Jersey, will provide ancillary services on the merchant market to PJM. The Montague Project, which is expected to
DOE Awards University of Kentucky $5 Million to Propel Its Coal to Critical Elements Research
January 6, 2025
A team of engineers at the University of Kentucky (UK), in collaboration with researchers at other universities, will work on a system to transform coal into high-value materials. The project titled “Bipartisan Infrastructure Law - BIL - Development of a
Hudbay Minerals Receives Air Quality Permit for Copper World, Arizona
January 3, 2025
Hudbay Minerals has received an air quality permit for the Copper World Project from the Arizona Department of Environmental Quality (ADEQ). The issuance of this permit is a significant milestone in the advancement of the project as it is the
Mako Mining to Acquire Moss Mine in Arizona for $6.4M Expanding Its Operations in the Americas
January 3, 2025
Mako Mining has entered into of a non-binding letter of intent to acquire 100 percent of the issued and outstanding common shares of EG Acquisition (EGA), a recently created private corporation controlled by Mako’s controlling shareholder, Wexford Capital. EGA was
Paladin Energy Closes Acquisition of Fission Uranium
January 3, 2025
Paladin Energy and Fission Uranium has completed their merger. The deal is the culmination of a process that began with a definitive agreement in June 2024. The deal is valued at approximately $790.5 billion (CAD$1.14 billion). It was green-lit by
Lance Scholars Program Helps Montana Tech Mining Engineering Transfer Student Launch Career
January 3, 2025
Transferring to a new college can come with challenges, but one mining engineering sophomore from Boulder, Montana, secured a hands-on summer internship and earned two major scholarships to cover most of his education even before starting classes at Montana Technological
Sanu Gold Closes Partnership with Montage Gold and Strategic Investment by Lundin Family
January 3, 2025
Sanu Gold Corporation has completed a strategic investment by Montage Gold and the Lundin family and associates into Sanu Gold for a total value of $7 million (C$10,055,412). The company expects to use the net proceeds of the offering to
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