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DOE Allocates $34 Million to Modernize Aging Power Grid
January 19, 2024
The U.S. Department of Energy (DOE) will allocate $34 million for 12 projects across 11 states to strengthen and modernize America’s aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. Through the Grid Overhaul with Proactive,
Government Accountability Office to Investigate IIdled Zombie Coal Mines
January 19, 2024
The Government Accountability Office (GAO) will investigate the environmental impact of idled “zombie” coal mines in response to an October request from several congressional Democrats, a GAO spokesperson confirmed. In October, Sen. John Fetterman (D-Pa.) and seven House Democrats wrote
First Quantum Submits Cobre Panama Mine Preservation Plan to Panama Government
January 19, 2024
Canadian miner First Quantum has delivered an initial preservation and management plan to the Panamanian trade ministry regarding its lucrative copper mine in the country, the miner’s Panamanian unit said on Wednesday. The plan takes into account the “abrupt and
New York Stock Exchange Withdraws Dangerous Land Grab Rule
January 18, 2024
The Securities and Exchange Commission (SEC) released a notice of withdrawal of the proposed rule change that would have allowed the New York Stock Exchange (NYSE) to list Natural Asset Companies (NACs). “Today is a victory for Americans as our
DOE Finalizes $1.1 Billion Credit Award for Diablo Canyon Nuclear Power Plant, California
January 18, 2024
The U.S. Department of Energy (DOE) signed the credit award and payment agreement with Pacific Gas and Electric Company to finalize terms for $1.1 billion in credit payments via the Civil Nuclear Credit (CNC) Program for the Diablo Canyon Power
Study Shows AI Could Help Power Plants Capture Carbon Using 36% Less Energy from the UK Grid
January 18, 2024
Using artificial intelligence (AI), scientists from the University of Surrey adjusted a system based on a real coal-fired power station. The model could capture 16.7 percent more carbon dioxide (CO2) while using 36.3 percent less energy from the U.K.‘s national
West Virginia Coal Show Releases Preferred Hotel Listings, Sneak Peek at Door Prizes
January 18, 2024
For those attending the 2024 West Virginia Coal Show, the official show hotel listing is now available. For those traveling into Charleston, or for those who wish to stay close to the convention center, SEMCO Publishing has secured spaces and
Perenti Secures $276 Million Contract Extensions for Three Underground Gold Mines
January 18, 2024
Australia-based mining services company Perenti has secured contract extensions worth $275.8 million (A$420 million) for three different underground gold mines. Awarded to Perenti’s underground mining businesses, the contract extensions are for the Gold Fields’ Agnew, AngloGold Ashanti’s Obuasi, and Roxgold’s
Taseko Inks $50 Million Royalty Deal for Florence Copper Mine Construction, Arizona
January 17, 2024
Taseko Mines Limited has released an update on financing and construction progress at its Florence Copper project. On January 15, 2024, the company signed a definitive agreement with Taurus Mining Royalty Fund for the sale of a $50 million royalty.
Arch’s Leer Mine Achieves Verification Under New Towards Sustainable Mining Initiative
January 17, 2024
Arch Resources said its Leer mine has achieved Level A verification for all protocols comprising the Towards Sustainable Mining (TSM) initiative. Leer is the first mine of any type to achieve and verify this performance level through TSM’s new subscription
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