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Agnico Eagle Mines to Acquire O3 Mining for $204 Million
December 13, 2024
Agnico Eagle Mines and O3 Mining have entered into a definitive support agreement where Agnico Eagle has agreed to acquire all of the outstanding common shares of O3 Mining valued at approximately $204 million. O3 Mining’s primary asset is its
MSHA’s Final Report Gives Cause of Fatal Accident at Leer Mine in August, W.Va.
December 13, 2024
The Mine Safety and Health Administration (MSHA) has released the final report for a mining accident that happened in Taylor County in August that injured two people, one of which later died. William Crandall, 57, died on Aug. 7, 2024,
DOL Releases Final Rule for Coal Mine Operators’ Self-insurance Under Black Lung Benefits Act
December 13, 2024
The U.S. Department of Labor said its Office of Worker’s Compensation Programs has issued a final rule revising the regulations under the Black Lung Benefits Act related to self-insurance by coal mine operators. Under the new standard, self-insured coal mine
Rio Tinto to Invest $2.5 Billion to Expand Rincon Lithium Project, Argentina
December 13, 2024
Rio Tinto has approved $2.5 billion to expand the Rincon Project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio. Rincon’s capacity of 60,000 tonnes of battery grade lithium carbonate
Trump Vows Fast Permits for Those Investing $1 Billion in U.S.
December 12, 2024
President-elect Donald Trump said his administration would help expedite permits for any person or company that invested at least $1 billion in the U.S. “Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America,
Coal’s Future: New Report Charts Path to Sustainability
December 12, 2024
Modern coal technologies, outlined in FutureCoal’s Sustainable Coal Stewardship, have the ability to deliver global climate goals while continuing to foster socio-economic growth. Given the growing demands of a digital and electrified world, FutureCoal’s new report, “Roadmap for a Sustainable
Minnesota Congressman Pete Stauber Hopes GOP Trifecta Ushers in Mining in Northern Minnesota
December 12, 2024
President-elect Donald Trump said he plans to reverse President Biden’s 20-year moratorium on new mining near Minnesota’s Boundary Waters Canoe Area Wilderness on his first day in office. While environmentalists are calling Trump’s policies “a worst-case scenario,” mining supporters say
Syrah Resources Declares Force Majeure at Balama Graphite Mine, Defaults on U.S. Loans, Mozambique
December 12, 2024
Syrah Resources has declared a force majeure for its Balama Graphite Mine in Mozambique due to ongoing civil unrest, causing it to default on U.S. government-backed loans. Mozambique has been rocked by protests against a disputed election since early October.
Congress Passes Historic Good Samaritan Remediation of Abandoned Hardrock Mines Act
December 11, 2024
U.S. Senators Jim Risch (R-Idaho) and Martin Heinrich’s (D-N.M.) legislation, the Good Samaritan Remediation of Abandoned Hardrock Mines Act, has passed in the U.S. House of Representatives. This legislation would make it easier for “Good Samaritans,” such as state agencies,
Sibanye-Stillwater Sells Its Beisa Uranium Project in Africa to Neo Energy for $28 Million
December 11, 2024
Sibanye-Stillwater has agreed to sell its Beatrix 4 shaft, which includes the Beisa uranium project, to Neo Energy Metals. The transaction that will allow the Beisa uranium project to be developed by Neo Energy, while Sibanye-Stillwater will retain exposure to
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