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Dominion Diamond Mines Reaches Agreement to Sell Ekati Mine, Canada
December 8, 2020
Dominion Diamond Mines have settled an asset purchase agreement with DDJ Capital Management and Brigade Capital Management, both investment managers to holders of the company’s second lien notes. Under the agreement, an entity to be controlled by the purchaser would
Argonaut Gold Approves Construction of Its Magino Gold Mine in Ontario, Canada
December 8, 2020
Argonaut Gold has approved the construction of the company’s 100 percent owned Magino gold project in Ontario, Canada. Argonaut has received a fixed bid pricing proposal for a significant portion of the initial capital requirement for the Magino project and
Lithium Americas Releases Final Environmental Impact Statement for Thacker Pass Project, Nevada
December 8, 2020
Lithium Americas Corp. has released the final environmental impact statement (EIS) for the Thacker Pass lithium project by the United States Bureau of Land Management. Thacker Pass, located north of Winnemucca, Nevada, is 100 percent owned by Lithium Nevada Corp.,
White Stallion Energy and Lighthouse Resources File for Chapter 11 Bankruptcy
December 8, 2020
Two more U.S. coal mining companies have filed for bankruptcy as producers across the country struggle to sell coal into the troubled thermal coal market. White Stallion Energy and Lighthouse Resources filed voluntary petitions for Chapter 11 bankruptcy in the
U.S. Gold Corp. Advances CK Gold Project, Wyoming
December 8, 2020
U.S. Gold Corp. released an exploration update for the CK Gold Project (formerly Copper King), located 25 miles west of Cheyenne, Wyoming. Prefeasibility Study The CK Gold Project Prefeasibility Study (PFS) is now well underway with permits in place to
University of Arizona to Create Interdisciplinary School of Mining and Mineral Resources
December 8, 2020
The Lundin Family announced their support for an ambitious new expansion program at the school of mining and mineral resources at the University of Arizona. The Lundin Family has made a $2 million commitment and will provide up to an
Northern Dynasty’s Subsidiary Pebble Partnership Prepares Appeal for Alaska’s Pebble Project
December 7, 2020
Northern Dynasty Minerals said its subsidiary Pebble Limited Partnership is preparing a comprehensive and substantive request for appeal (RFA) with respect to the US Army Corps of Engineers’ (USACE) issuance of a negative Record of Decision (ROD) for the proposed
DOE Issues Notice of Guidance for Potential Loan Applicants Involving Critical Minerals
December 7, 2020
The U.S. Department of Energy has issued new guidance for applications to the Loan Programs Office, stating a preference for projects related to critical minerals. Pursuant to President Trump’s September 2020 Executive Order addressing the threat to the domestic supply
Piedmont Secures Approval to Build Lithium Hydroxide Plant, North Carolina
December 7, 2020
Piedmont Lithium has secured air permit from the North Carolina Department of Environmental Quality (NCDEQ) Division of Air Quality (DAQ), for the construction of its lithium hydroxide plant. The permit has been granted to Piedmont to construct and operate its
CONSOL Energy Aims to Design an Advanced Coal-Based Power Plant , Pa.
December 7, 2020
CONSOL Energy Inc., whose underground coal mining complex in Pennsylvania is the largest in North America, is working to design a power plant and have it operating by 2027. The innovative project would run on wet waste coal from CONSOL’s
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