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Science Loses in Montana Court
August 21, 2023
Would the weather in Montana change tomorrow if the state suddenly shut down all of its coal mines, natural gas power plants, and oil refineries? Any honest scientist would tell you no. But according to a far-left state judge, the
Coeur Increases Reclamation Surety Bond for Its Wharf Gold Mine After Expansion Approval, S.D.
August 21, 2023
South Dakota’s one active gold mine is getting bigger, and so will the amounts of environmental insurance the site must have. The state Board of Minerals and Environment on Thursday accepted its staff recommendations and increased the bonding amounts for
Taseko Mines Waiting for Final UIC Permit for Florence Copper Mine, Arizona
August 21, 2023
Taseko Mines is still waiting for the final UIC permit for Florence Copper. The slow permitting process is now pushing Florence Copper’s projected first commercial production into 2025. Taseko’s should see increased copper production from Gibraltar in the second half
United Steelworkers Union Reaches Agreement with NewRange Copper Nickel
August 21, 2023
The United Steelworkers (USW) have reached an agreement with a northern Minnesota mining company. On Tuesday, the union announced a memorandum of cooperation with NewRange Copper Nickel as they look to mine a variety of critical materials in the Hoyt
Newmont Receives Clearance from Korea Fair Trade Commission to Acquire Newcrest
August 18, 2023
Newmont Corporation said the Korea Fair Trade Commission (KFTC) has cleared the company to proceed with its proposed acquisition of Newcrest Mining, stating that the transaction does not violate Korea’s Monopoly Regulation and Fair Trade Law. Newmont continues advancing other
Edison Electric Institute Names Dan Brouillette President and CEO Elect
August 18, 2023
The Edison Electric Institute (EEI) said that Dan Brouillette has been selected as EEI’s president and chief executive officer elect, effective October 1, 2023. Brouillette will become EEI president and CEO on January 1, 2024, and will succeed Tom Kuhn,
JSW Steel Eyes Majority Stake in Teck Resources’ Steelmaking Coal Unit
August 18, 2023
Indian multinational steel producer JSW Steel is reportedly planning to establish a consortium to acquire a majority stake in Teck Resources’ steelmaking coal unit Elk Valley Resources. According to a Bloomberg report, the Indian firm is looking for partners to
Australian Pacific Coal Secures $50 Million Funding Commitment to Restart Dartbrook Mine
August 18, 2023
Australian Pacific Coal is set to restart operations at its Dartbrook thermal coal mine after the company secured a commitment for $50 million debt financing from a major commodity trading firm. Under the terms of the funding agreement, Australian Pacific
TechMet Closes $200 Million Equity Raise to Further Develop Critical Minerals Operations
August 17, 2023
TechMet, the leading global critical minerals investment company, has closed its latest $200 million equity fundraising round. The successful capital raise puts the company on track to exceed a billion-dollar valuation in the next few months. The latest $200 million
Mine Permitting Hampering Electric Vehicle Metals Fueled by U.S. Climate Law
August 17, 2023
The mining industry faces “considerable challenges” meeting larger-than-expected demand for copper, nickel and other electric vehicle metals fueled by a U.S. climate law, S&P Global said in a report on Tuesday, ahead of the legislation’s one-year anniversary. The landmark U.S.
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