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Mako Mining to Acquire Moss Mine in Arizona for $6.4M Expanding Its Operations in the Americas
January 3, 2025
Mako Mining has entered into of a non-binding letter of intent to acquire 100 percent of the issued and outstanding common shares of EG Acquisition (EGA), a recently created private corporation controlled by Mako’s controlling shareholder, Wexford Capital. EGA was
Paladin Energy Closes Acquisition of Fission Uranium
January 3, 2025
Paladin Energy and Fission Uranium has completed their merger. The deal is the culmination of a process that began with a definitive agreement in June 2024. The deal is valued at approximately $790.5 billion (CAD$1.14 billion). It was green-lit by
Lance Scholars Program Helps Montana Tech Mining Engineering Transfer Student Launch Career
January 3, 2025
Transferring to a new college can come with challenges, but one mining engineering sophomore from Boulder, Montana, secured a hands-on summer internship and earned two major scholarships to cover most of his education even before starting classes at Montana Technological
Sanu Gold Closes Partnership with Montage Gold and Strategic Investment by Lundin Family
January 3, 2025
Sanu Gold Corporation has completed a strategic investment by Montage Gold and the Lundin family and associates into Sanu Gold for a total value of $7 million (C$10,055,412). The company expects to use the net proceeds of the offering to
Talon Metals Advances State Environmental Review Process for Its Tamarack Project, Minnesota
December 30, 2024
Talon Metals has submitted an amended environmental assessment worksheet (EAW) to the Minnesota Department of Natural Resources for the state’s environmental impact statement scoping process for the Tamarack Nickel-Copper Project. The Tamarack project is a proposed small-footprint, high-grade underground nickel
Nippon Steel Extends Closing Date for U.S. Steel Acquisition
December 30, 2024
Japan’s Nippon Steel said on last week it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company. The estimated closing date was revised to
Wyoming, Montana Sue Feds to Repeal Powder River Basin Coal Leasing Ban
December 30, 2024
Wyoming and Montana filed suit against the U.S. Bureau of Land Management last week seeking to overturn the agency’s rule to end federal coal leasing in the Powder River Basin — the nation’s most prolific coal-producing region. Coal mines on
Fervo Energy Secures $255 Million in Funding for Geothermal Projects
December 30, 2024
Fervo Energy has secured $255 million in new funding and capital availability as it continues to build the world’s largest enhanced geothermal systems (EGS) power development. The funding comprises both opportunistic corporate equity and new debt financing. Capricorn’s Technology Impact
Ormat Technologies Secures Land Parcels in Utah BLM Auction to Advance Future Geothermal Development
December 30, 2024
Ormat Technologies has successfully secured 1,678 acres in Utah’s Bureau of Land Management (BLM) auction. These lease acquisitions will significantly support Ormat’s ongoing operations and development projects in the state, further strengthening the company’s commitment to advancing renewable energy solutions
G Mining Ventures Expands Into Brazil with Acquisition of BHP Group’s CentroGold Project
December 30, 2024
G Mining Ventures has closed its acquisition of the CentroGold Project in Brazil from BHP Group, expanding the company’s portfolio in one of the world’s most prospective gold territories. The acquisition gives G Mining a 100 percent interest in the
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