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NEWS Click on text to read news by category: General | Product | People | Worldwide

First Majestic Silver Completes Acquisition of Gatos Silver

January 16, 2025

First Majestic Silver has completed the acquisition of Gatos Silver through a plan of merger for $970 million. Gatos is a silver dominant producer with a 70 percent interest in the Los Gatos joint venture, which owns the producing Cerro

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Durango Acquires Portfolio of Antimony, Rare Earths, Copper Critical Metals Projects in Canada

January 16, 2025

Durango Resources has acquired five critical metals properties in Canada, including one antimony project, one rare earth project, and three copper projects to compliment the company’s growing strategic resource property portfolio. “We are excited to announce the acquisition of these

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Calibre Achieves Year 4 Compliance with World Gold Council’s Responsible Gold Mining Principles

January 16, 2025

Calibre Mining released its 2024 Responsible Gold Mining Principles (RGMP) Conformance Report. This achievement marks the company’s fourth consecutive year of compliance with the World Gold Council’s RGMPs, reflecting Calibre’s ongoing commitment to sustainability, transparency, and ethical mining practices. “Calibre’s

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Mali Seizes Gold Stocks from Barrick, Initiates Temporary Suspension at Its Loulo-Gounko Complex

January 16, 2025

Barrick Gold confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock

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Arch Resources and CONSOL Energy Complete Merger, Forms New Company Core Natural Resources

January 15, 2025

Core Natural Resources has successfully completed the merger of equals between CONSOL Energy and Arch Resources to form Core, effective January 14, 2025. The proposals required to consummate the merger received the support of more than 99 percent of the

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Cleveland-Cliffs CEO Renews Efforts to Purchase U.S. Steel

January 15, 2025

It’s a battle over U.S. Steel and the future of steelmaking in the region — with fiery words, the CEO of Cleveland-Cliffs said his company is once again trying to buy the company. “The United States of America, Japan, beware,

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OSMRE Completes EIS for Expansion of Navajo Transitional Energy’s Spring Creek Mine, Montana

January 15, 2025

Montana’s largest coal mine is set for an expansion that could increase its coal production by 19 million tons. The federal Office of Surface Mining Reclamation and Enforcement announced last week that it has prepared an environmental impact statement that

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DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Centers

January 15, 2025

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has allocated $101 million in federal funding for five projects to support the development of carbon dioxide (CO₂) capture, removal, and conversion test centers for cement

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Operations Suspended After Fire Breaks Out at Leer South Coal Mine, W.Va.

January 14, 2025

An underground mine fire was reported at a Barbour County mine Monday. Officials were alerted of the fire early this morning at the Leer South mine, which is just outside of Philippi, according to Andy Malinoski, spokesperson for the West

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Canada Commits $70 Million to Boost Green Technology Metals’ Seymour Lake Lithium Project in Ontario

January 14, 2025

Canada has committed approximately $70 million (C$100 million) to support the development of the Seymour Lake Lithium Project in Ontario. The financing, provided by Export Development Canada (EDC), is seen as a significant step toward making the lithium mine, operated

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