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Benchmark Metals Advances Its Lawyers Gold Silver Project Toward Permitting, Canada
April 1, 2022
Benchmark Metals Inc. said it expects to complete an updated mineral resource estimate (MRE) and preliminary economic assessment (PEA) for its flagship Lawyers gold-silver project in British Columbia’s Golden Horseshoe area in the first half of 2022. Updating investors on
MAG Silver to Acquire Canada-based Gatling Exploration
April 1, 2022
Canadian development and exploration firm MAG Silver has agreed to acquire Gatling Exploration, a Canadian gold exploration company, in an all-share transaction. Under the terms of the agreement, MAG Silver will purchase the entire issued and outstanding common shares of
MP Materials Awarded Department of Defense Heavy Rare Earth Processing Contract
April 1, 2022
MP Materials has been awarded a $35 million contract through the U.S. Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy rare earth elements (HREE) at Mountain
Electra Battery Materials Receives Closure Plan Approval for Canadian Hydrometallurgical Facility
April 1, 2022
Electra Battery Materials Corporation announced the final approval of the updated closure plan for its Canadian hydrometallurgical facility. The company said the closure plan for the refinery expansion and recommissioning was approved on March 4, 2022, and is an important
Biden Considers Defense Production Act to Boost Mining of Minerals for Electric Vehicles
March 31, 2022
Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles. Production will occur under
Open Hearing Phase for Generation Mining Brings New Approach in Working with Citizen’s Group
March 31, 2022
A proposed arrangement between a citizens’ committee and a potential new mine on Marathon’s doorstep could help prevent environmental hazards and keep locals up to date on how the operation is functioning. The community benefit agreement concept was floated on
FBI Says Russian Hackers Scanning U.S. Energy Systems and Pose ‘Current’ Threat
March 31, 2022
Russian hackers have been scanning the systems of energy companies and other critical infrastructure in the United States, and state-sponsored hacking by Russia presents a “current” threat to American national security, a top FBI official told lawmakers on Tuesday. “The
Australian Uranium Explorers Deep Yellow and Vimy Resources Sign $492 Merger Deal
March 31, 2022
Deep Yellow and rival Australian uranium explorer Vimy Resources have agreed to merge in an all-stock deal worth A$658 million ($492 million). The merger is aimed at creating a new global uranium player having considerable scale and uranium mineral resource
CONSOL Cares Foundation Contributes $10K to Aid WVU Medicine Children’s Hospital
March 31, 2022
Sick and injured Mountain State children will benefit from a $10,000 contribution from the CONSOL Cares Foundation to support WVU Medicine Children’s Hospital. WVU Medicine Children’s provides the greatest range of pediatric specialty and high-risk maternal care in West Virginia
EPA Issues Recommendations for Kinross and Contango Manh Choh Mine, Alaska
March 30, 2022
The Environmental Protection Agency produced a litany of concerns and recommendations related to the planned Manh Choh mine near Tetlin in a February 11 letter to the Army Corps of Engineers. The EPA’s letter was submitted as part of the
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