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Capstone Enters $150M Streaming Agreement with Wheaton Precious Metals at Cozamin Mine, Mexico
December 15, 2020
Capstone Mining, through a wholly-owned subsidiary, has entered into a definitive precious metals purchase agreement with Wheaton Precious Metals International. Wheaton will pay an upfront cash consideration of $150 million upon closing for 50 percent of the silver production until
Dominion Diamond Mines Granted Court Approval for Sale of Ekati Mine, Canada
December 15, 2020
Dominion Diamond Mines has received approval from the Alberta Court of Queen’s Bench of the asset purchase agreement among Dominion and its affiliates as sellers and DDJ Capital Management and Brigade Capital Management. Under the agreement, an entity to be
Western Copper and Gold Initiates a Preliminary Economic Assessment for Casino Project, Canada
December 15, 2020
Western Copper and Gold Corporation has initiated a preliminary economic assessment for the Casino Deposit, located in Yukon, Canada. The company has engaged the services of M3 Engineering & Technology Corporation of Tucson, Arizona to conduct the PEA on Casino.
Gold Bull Resources Closes Acquisition of Newmont’s Sandman Project for $4 Million, Nevada
December 15, 2020
Gold Bull Resources Corp. has completed the Sandman Project purchase from Newmont. The Sandman Project is located in Nevada and has been purchased for $4 million. Sandman Project is a highly prospective exploration asset that is located on a renowned
Ascot Resources Secures $105 Million to Advance Premier Gold Project, Canada
December 14, 2020
Ascot Resources, a Canadian exploration and development firm, has secured $105 million construction finance package for the Premier Gold project in northern British Columbia, Canada. The financing was obtained from Sprott Private Resource Lending II and Beedie Investments for the
Iron Senergy Acquires Contura’s Cumberland Mine and Related Assets in Greene County, Pa.
December 14, 2020
Contura Energy has closed on its transaction with Iron Senergy Holding for the divestment of the Cumberland Mine and related assets in Greene County, Pennsylvania. The subsidiaries that hold the Cumberland and Emerald mines and the associated coal reserves, mining
DOE Invests $8.7 Million to Foster New Uses for Domestic Coal Resources
December 14, 2020
The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected 14 projects to receive $8.7 million in federal funding for cost-shared research and development under Funding Opportunity Announcement (FOA) DE-FOA-0002185: Coal-Derived Materials for Building, Infrastructure, and Other
Blackjewel to Liquidate Assets in Bankruptcy
December 14, 2020
The bankrupt Blackjewel coal company — which left hundreds of miners in Southwest Virginia without pay in 2019 — is being liquidated and is accusing its former CEO of conducting fraudulent transactions. Ned Pillersdorf, who represents the company’s former miners,
BLM Approves Diamond K. Gypsum Mine Expansion, Utah
December 14, 2020
The BLM said that Diamond K. Gypsum could mine a pharmaceutical-grade gypsum deposit at the Chalk Hills Mine. 150 acres of land will be disturbed to get the mineral out of the ground and is expected to net 1.5 million
Taseko Mines Receives Aquifer Protection Permit for Its Florence Copper Mine, Arizona
December 10, 2020
Taseko Mines Limited said the Arizona Department of Environmental Quality (ADEQ) has granted its Florence Copper Project the Aquifer Protection Permit (APP). “This is a key milestone in the advancement of the company’s next operating asset. By issuing this permit,
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