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

Major Fire at Alliance Resources’ Tunnel Ridge Prep Plant, W.Va.

March 31, 2023

It is not yet known when the Tunnel Ridge mine’s prep plant will resume operation after a major fire Monday night, but the mine’s general manager said mine production was not affected. The cause of Monday’s fire remains under investigation,

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Jervois Suspends Final Construction at Idaho Cobalt Operations

March 31, 2023

Jervois Global Limited said it will suspend final construction and full concentrator commissioning at its 100 percent owned Idaho Cobalt Operations mine (ICO) in Idaho, due to continuing low cobalt prices and U.S. inflationary impacts on construction costs.  Its expects

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United States and Japan Sign Critical Minerals Agreement

March 31, 2023

United States Trade Representative Katherine Tai and Japan’s Ambassador to the United States, Tomita Koji, signed a critical minerals agreement, Agreement Between the Government of Japan and the Government of the United States of America on Strengthening Critical Minerals Supply

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Republican Energy Package, Including Stauber’s Mine Permit Reform Bill, Passes House

March 31, 2023

The Republican energy package, which includes U.S. Rep. Pete Stauber’s mine permitting reform bill, was approved by the U.S. House of Representatives on Thursday. H.R. 1, called the Lower Energy Costs Act, passed the House with a 224-204 vote. Four

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Lundin Mining to Acquire Majority Interest in Caserones Copper Mine for $950 Million, Chile

March 31, 2023

Lundin Mining has agreed to acquire a stake of 51 percent in SCM Minera Lumina Copper Chile (Lumina Copper), the operator of the Caserones copper mine in Chile, for $950 million. In this connection, the Canada-based base metals mining company

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Epiroc Boosts Highest-capacity Minetruck MT65 S with New Productivity and Reliability Levels

March 31, 2023

Epiroc’s highest-capacity Minetruck MT65 S for large underground operations recently received a new upgrade. Customers can now enjoy enhanced productivity by up to 18 percent compared to the previous model. The mine truck has improved reliability thanks to the new

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Newmont Completes Sale of Triple Flag Shares

March 31, 2023

Newmont Corporation has completed the sale of its common shares of Triple Flag Precious Metal Corp. on the open market for $179 million in net proceeds, after tax. The monetization of Triple Flag’s shares further streamlines and optimizes Newmont’s equity

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Macmahon Secures $1.18 Billion Contract Extension at Byerwen Coal Mine, Australia

March 31, 2023

Macmahon has been awarded a 20-month contract extension to continue mining services at the A$1.76 billion ($1.18 billion) Byerwen coking coal mine in the Bowen Basin in Queensland, Australia. The contract extension comes into effect starting from November 1, 2023

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Fire Breaks Out at Peabody’s Shoal Creek Mine, Alabama

March 30, 2023

Peabody confirmed a fire began Wednesday at its Shoal Creek Mine involving void fill material utilized to stabilize the roof structure of the mine. The Shoal Creek Mine is near Jefferson, Walker, and Tuscaloosa counties in Alabama. All mine personnel

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British Columbia to Get Economic Boost with Three New Gold Mines

March 30, 2023

It has been six years since the last new gold mine — Brucejack — went into production in B.C. Now, as many as three could be pouring first gold next year: Premier, Blackwater, and Cariboo Gold. While the Premier and

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