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West Virginia Coal Association President Bill Raney to Retire
December 2, 2020
Bill Raney, who has served as the president and chief executive officer of the WV Coal Association since 1992, will retire effective Jan. 1, 2021. “Bill Raney is an icon to those of us that have worked in and around
Timken Acquires Illinois-based Aurora Bearing Company
December 2, 2020
The Timken Company has acquired the assets of Aurora Bearing Company. Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and packaging. Its sales are expected
Kerr Mines Secures $18 Million Financing to Restart Copperstone Mine, Arizona
December 1, 2020
Kerr Mines and Star Royalties Ltd. have closed on the first installment of $18 million gold purchase and sale agreement (streaming agreement) which will be used to finance the restart of underground operations and gold production at the Copperstone Gold
American Rare Earth to Develop and Commercialize Critical Element and Graphene Technologies
December 1, 2020
American Resources’ subsidiary, American Rare Earth, has entered into a joint venture with Gerardine Botte, Ph.D. to develop and commercialize technologies for critical elements and graphene production from carbon-based deposits under the newly formed company Advanced Carbon Materials (ACM). The
EPA Issues Final Approval for Azarga’s Uranium Mine, South Dakota
December 1, 2020
The United States Environmental Protection Agency has issued the final permits for Azarga Uranium’s Class III and Class V Underground Injection Control activities at its primary development project, the Dewey Burdock in-situ recovery uranium project in South Dakota. “This critical
Victory Metals and Nevada King Mining Merge to Form New Nevada-focused Gold Company
December 1, 2020
Victory Metals and Nevada King Mining have entered into a binding letter of agreement to which Victory will acquire in an all shares transaction, for an undisclosed amount. The business combination is expected to be completed according to the plan
Ares Receives Approval for Updated Mining Operations and Environmental Permitting, Utah
December 1, 2020
Ares Strategic Mining has made several major advances towards its planned mining operation, including approval to commence mining operations, an approved environmental permit, additional land for stockpiling mined product, and local government support for construction work and facility upgrades. Following
Army Corps of Engineers Denies Permit to Build Pebble Mine, Alaska
November 30, 2020
The Trump administration on Wednesday effectively killed a contentious proposed mine in Alaska, a gold and copper prospect. The Army Corps of Engineers “concluded that the proposed project is contrary to the public interest” and denied a permit to build
Pebble Partnership Releases Statement on Recent Army Corps Denial of Pebble Mine Permit, Alaska
November 30, 2020
Pebble Partnership CEO John Shively issued the following statement today regarding the decision by the U.S. Army Corps of Engineers (USACE) to deny a permit for the Pebble project: “We are obviously dismayed by today’s news given that the USACE
Cleveland-Cliffs Receives Antitrust Clearance for Acquisition of ArcelorMittal
November 30, 2020
Cleveland-Cliffs has received from the Bureau of Competition of the Federal Trade Commission notice of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its proposed acquisition of substantially all of ArcelorMittal USA and
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