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Blackrock Gold Inks $3M Transformative Deal to Acquire Tonopah West Project, Nevada
February 27, 2020
Blackrock Gold Corp is beefing up its land position in Nevada though a deal for the historic Tonopah West project. The Vancouver-based company announced Tuesday it signed a four-year purchase option with Ely Gold Royalties Inc to consolidate the West
Yamana Gold Divests Its Royalty Portfolio to Guerrero for $65 Million
February 27, 2020
Canada-based Yamana Gold has agreed to divest a portfolio of royalty interests for total consideration of $65 million to Guerrero Ventures. The contingent payment is expected to be paid upon declaration of commercial production at the Deep Carbonates Project (DCP)
Mineworx Technologies to Develop Technology to Recover PGM from Catalytic Converters
February 27, 2020
Mineworx Technologies said Wednesday that it has signed a letter of intent with EnviroLeach Technologies to develop and utilize EnviroLeach’s patented technology to recover platinum group metals (PGM) from catalytic converters. After signing a definitive agreement with EnviroLeach, Mineworx will
Excellon to Acquire Canadian Mining Firm Otis Gold
February 27, 2020
Excellon Resources has agreed to acquire all the issued and outstanding shares of Otis Gold pursuant to a plan of arrangement under the Business Corporations Act. Following the closing of the transaction, the combined company will become a precious metals
Knife River Plans Construction and Mining Training Center, Oregon
February 27, 2020
On Tuesday morning, the Linn County Commissioners unanimously approved zoning amendments that allow Knife River Corporation to design a construction and mining training center for development on 155 acres at 35973 Kennel Road southeast of Albany. The Planning Commission unanimously
New Gold Releases Updated Life of Mine Results for Rainy River and New Afton Mines
February 26, 2020
New Gold released results of the updated life of mine plans for the Rainy River and New Afton Mines. A National Instrument 43-101 technical report for each operation will be filed within 45 days. The company is also providing updated
BLM Releases EIS Statements for Greater Sage-Grouse Conservation
February 26, 2020
The Bureau of Land Management is hoping to revive controversial revisions to Obama-era greater sage grouse protection plans that a federal judge blocked last year. BLM has completed six draft supplemental environmental impact statements (EISs) that correct problems identified by
SaskPower to Cut Jobs at Westmoreland Coal Mine Near Estevan, Canada
February 26, 2020
It looks like there will be 25 fewer jobs at the Westmoreland coal mine near Estevan. SaskPower, which owns the coal-run, energy-supplying Boundary Dam and Shand, released the following statement following the news of the looming layoffs. “Due to the
Cleveland-Cliffs and AK Steel Receive Final Regulatory Approvals to Complete Merger
February 26, 2020
Cleveland-Cliffs and AK Steel Holding Corporation have received all of the necessary regulatory approvals in connection with their proposed merger transaction. Under the pending transaction, Cliffs would acquire all of AK Steel’s outstanding shares pursuant to the agreement and Plan
March 23-24: Future of Mining Returns to Sydney with New Perspectives Essential Industry Growth
February 26, 2020
The Future of Mining Australia conference will build on its two previous years, taking place Sofitel Sydney Wentworth from March 23-24, 2020, with a strategic agenda delivering a wide range of content spanning the entire mining life cycle that reflects
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