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Kilo Fund Management Launches New $50 Million Asset-Based Lending Facility
February 19, 2025
Kilo Fund Management, a specialty provider of commodity inventory finance to North American middle-market companies, launched the extension of its $50 million asset-backed senior secured revolving credit facility (ABL). The renewed commitment enhances Kilo’s ability to deliver tailored commodity finance
West Virginia Gains Authority to Oversee the Permitting and Regulation of Class VI Wells for CCS
February 19, 2025
Governor Patrick Morrisey and West Virginia Department of Environmental Protection (WVDEP) Cabinet Secretary Harold Ward said the U.S. Environmental Protection Agency (EPA) has officially granted Class VI Underground Injection Control (UIC) primacy to West Virginia. Class VI primacy gives the
Ionic Rare Earths to Reduce REO Production CO2 Footprint by 30-50% Compared to Existing Producers
February 19, 2025
In a major economic and ESG win for Ionic Rare Earths Ltd, a preliminary life cycle assessment on subsidiary Ionic Technologies’ magnet recycling process has revealed substantial reductions in carbon emissions compared to existing primary rare earth sources. A 30-50
Fluor Appoints Jim Breuer as CEO, David Constable to Transition to Executive Chairman
February 19, 2025
Fluor Corporation has appointed chief operating officer, Jim Breuer, as chief executive officer, effective May 1, 2025. David Constable, Fluor’s current chairman and CEO, will transition into the role of executive chairman on the same date, ensuring continuity of leadership
Largo Appoints Co-COOs to Strengthen Its Operational Leadership
February 19, 2025
Largo has made a leadership transition as part of its ongoing efforts to enhance operational performance and strengthen its production strategy. Largo has promoted and appointed Gordon Babcock and Luis Rendón as co-chief operating officers. Both executives, who recently joined
Rio Tinto Donates $476,000 to Queensland Flood Relief and Recovery Efforts
February 19, 2025
Rio Tinto has donated $476,000 (A$750,000) to support disaster relief efforts for those impacted by the widespread floods in North Queensland. The funds will support the work of key organizations, including the Queensland Royal Flying Doctors Service (RFDS) and the
Perpetua Resources Commences Detailed Engineering Services to Advance Stibnite Gold Project
February 18, 2025
Perpetua Resources has approved commencement of detailed engineering studies with Ausenco Engineering USA South and signed a procurement contract with Idaho Power Company for powerline materials for its Stibnite Gold Project. “The Stibnite Gold Project is among an elite class
New Gold Extends Mine Life at Both New Afton and Rainy River Mines
February 18, 2025
New Gold has released its three-year operational outlook and has filed technical reports for the New Afton and Rainy River mines. “Today’s life-of-mine plans successfully outline New Gold’s strong production profile with reducing costs, strong free cash flow generation, and
Pebble Partnership Consents to EPA’s Request for 90-Day Abeyance for New Administration to Review
February 18, 2025
Northern Dynasty Minerals and its 100 percent owned U.S.-based subsidiary Pebble Limited Partnership have informed the court that they do not object to a motion from the Environmental Protection Agency and U.S. Army Corps of Engineers (USACE) to hold the
Coeur Mining Completes $1.7 Billion Acquisition of SilverCrest Metals
February 18, 2025
Coeur Mining has completed its acquisition of SilverCrest Metals. Coeur acquired all of the issued and outstanding common shares of SilverCrest, with SilverCrest shareholders receiving 1.6022 Coeur common shares for each SilverCrest common share, for a total equity value of
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