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American Resources Wins National Mining Association’s 2019 Sentinels of Safety Award
October 12, 2020
American Resources Corporation is the proud recipient of the National Mining Association’s (NMA) 2019 Sentinels of Safety Award, which is widely considered mining’s most prestigious safety award. NMA’s Sentinels of Safety Award recognizes mineral mining operations in various categories for
Maple Gold Enters JV Partnership and Strategic Investment with Agnico Eagle in C$6.2 Million Deal
October 9, 2020
Maple Gold Mines has signed a binding term sheet with Agnico Eagle Mines which contemplates a 50-50 joint venture It will combine Maple Gold’s Douay Project and Agnico’s Joutel Project into a consolidated joint property package. Agnico has also agreed
Tonogold Resources Acquires Comstock’s Lucerne Mine for $26 Million, Nevada
October 9, 2020
Comstock Mining has completed the sale of its Lucerne mine to Tonogold Resources for total value and consideration of approximately $25.9 million. The consideration includes $7.1 million in cash, $6.1 million in convertible preferred stock, and a $4.475 million, 12
Newmont Sells Royalty Portfolio to Maverix Metals for $90 Million
October 9, 2020
Newmont Corporation has entered into a definitive agreement with Maverix Metals to sell a portfolio of eleven royalties. Newmont will receive total consideration of approximately $90 million from Maverix, consisting of $15 million in cash, 12 million Maverix common shares,
First Mining Gold Advancing Springpole Gold Deposit Through PFS, Environmental Assessment, Canada
October 9, 2020
First Mining Gold Corp. released an update on the ongoing pre-feasibility study (PFS) on its Springpole Gold Project located in northwestern Ontario. In addition, federal and provincial environmental assessment processes and other ongoing or planned development and exploration activities have
Cleveland-Cliffs to Acquire ArcelorMittal USA for $1.4 Billion
October 9, 2020
Cleveland-Cliffs has entered into a definitive agreement with ArcelorMittal S.A., to which Cleveland-Cliffs will acquire substantially all of the operations of ArcelorMittal USA and its subsidiaries or approximately $1.4 billion. Upon closure of the transaction, Cleveland-Cliffs will be the largest
Wyoming Governor Welcomes Development in Proposed Pacific Northwest Coal Export Terminal
October 8, 2020
The U.S. Supreme Court has invited the acting solicitor general to weigh in on a request by Wyoming and Montana for the court to rule on a dispute over a proposed Pacific Northwest coal export terminal. Wyoming Gov. Mark Gordon,
WVU Engineers Receive Funding to Improve Methane Sensor Technology in Longwall Mines
October 8, 2020
Despite longwall mining being an efficient way of extracting coal, it produces dangerous methane gas that has the potential to lead to explosions in underground mines. Researchers from West Virginia University are combatting this issue by developing an improved methane
DOE Awards $1.95M for Conceptual Designs that Extract Critical Minerals and REE from Coal Sources
October 8, 2020
The U.S. Department of Energy’s (DOE) Office of Fossil Energy selected 13 projects to receive approximately $1.95 million in federal funding to develop conceptual designs of commercially viable technologies that will extract rare earth elements (REEs) from U.S. coal and
Carbon Capture Project at San Juan Generating Station Would Be Largest in World, New Mexico
October 8, 2020
One of the largest coal-fired power plants in the U.S. Southwest would undergo a $1.4 billion overhaul as part of a proposal to keep the plant operating for at least another decade while meeting stricter environmental requirements aimed at reducing
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