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Taseko and Mitsui Enter Strategic Partnership to Develop Florence Copper Project, Arizona
December 27, 2022
Taseko Mines Limited has signed agreements with Mitsui & Co. to form a strategic partnership to develop the company’s Florence Copper project located in Arizona. Mitsui has committed to an initial investment of $50 million, with proceeds to be used
Conuma to Acquire Teck’s Quintette Coal Mine in B.C. for $120 Million
December 27, 2022
Teck Resources Limited has agreed to sell to a subsidiary of Conuma Resources Limited all the assets and liabilities of the Quintette steelmaking coal mine in north-eastern British Columbia. Conuma will pay Teck $120 million in cash in staged payments
Department of Defense Awards Perpetua Resources $24.8 Million Under the Defense Production Act
December 27, 2022
Perpetua Resources’ wholly owned subsidiary Perpetua Resources Idaho was awarded a technology investment agreement of up to $24.8 million under Title III of the Defense Production Act (DPA). The funding objective of the technology investment agreement, issued by the Air
BHP Signs Agreement to Acquire OZ Minerals for $6.4 Billion
December 27, 2022
Australian mining company BHP has signed a scheme implementation deed (SID) to acquire all the share capital of OZ Minerals Limited (OZL), at a price of A$28.25 ($19) per share. The SID, signed through its wholly owned subsidiary BHP Lonsdale
Graphex Technologies Inters LOI to Produce Natural Graphite Anode Material from Mine-to-Batteries
December 27, 2022
Graphex Group Limited and its U.S. subsidiary, Graphex Technologies, has entered into a non-binding letter of intent (LOI) with Northern Graphite Corporation. The intent of the LOI is to aggregate Northern’s raw material supply capabilities with Graphex’s proven downstream processing
Ioneer’s Rhyolite Ridge Lithium-Boron Project Advances to Final Stage of Permitting, Nevada
December 22, 2022
Ioneer Ltd. said its Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada has advanced into the final stage of federal permitting with the decision by the U.S. Bureau of Land Management (BLM) to publish a notice of intent (NOI) in
B.C. and Federal Governments Reject Glencore’s Proposed Sukunka Coal Mine
December 22, 2022
The B.C. and federal governments have rejected Glencore’s proposed coal mine project in northeastern B.C., citing significant environmental impacts including to the caribou and grizzly bear populations. On Wednesday, the provincial government announced it will not issue an environmental assessment
Ramaco Resources Forms Philanthropic Organization Ramaco Foundation to Support Coal Communities
December 22, 2022
America’s coal-producing communities are fundamental to the growth and success of the country, but are too often overlooked for the support they need. For this reason, Ramaco Resources had formed the Ramaco Foundation, a philanthropic organization that will invest in
Montana Coal Mine Owner NTEC Sues BNSF
December 22, 2022
The owner of Montana’s largest coal mine is suing BNSF after a year of shipment struggles that Navajo Transitional Energy Company alleged has cost millions of dollars. NTEC, owner of Spring Creek Mine in southeast Montana, said in a lawsuit
Coal Communities in Arkansas Receive $1.7 Million to Reclaim Abandoned Mine Lands
December 22, 2022
The Office of Surface Mining Reclamation and Enforcement allocated more than $1.7 million in fiscal year 2022 funding from President Biden’s Bipartisan Infrastructure Law to reclaim abandoned mine lands in Arkansas. Millions of Americans nationwide live within just one mile
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