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Rio2 Secures $150 Million Financing Package to Develop Fenix Gold Project, Chile
October 23, 2024
Rio2 Limited has arranged a mine construction financing package expected to total approximately $150 million for construction and general working capital of the company’s 100 percent owned Fenix Gold Project in Chile. This funding package marks a significant de-risking milestone
Brazil Environmental Disaster Victims Take $47B Class Action Lawsuit Case Against BHP to UK Court
October 23, 2024
Victims of Brazil’s worst environmental disaster took their case for compensation to a UK court Monday, almost nine years after tons of toxic mining waste poured into a major waterway, killing 19 people and devastating local communities. The class action
James Bay Minerals to Acquire the Advanced Independence Gold Project, Nevada
October 22, 2024
James Bay Minerals has entered a binding agreement to acquire up to 100 percent of the advanced Independence Gold Project, located in Nevada. The Independence Project is owned by Independence Mining, a joint venture between Battle Mountain Resources (51.54 percent)
Taseko Releases Construction Update on Its Florence Copper Project, Arizona
October 22, 2024
Taseko Mines has released a progress update for construction activities at its Florence Copper project. To-date, approximately 300,000 project hours have been worked and there have been no reportable injuries or environmental incidents. There are currently 280 construction personnel at
Northern Graphite Accelerates Lac des Iles Mill Maintenance in Face of Rising Demand, Canada
October 22, 2024
Northern Graphite said the company will temporarily shut down its processing facility at Lac des Iles Mine (LDI) in order to complete repairs and maintenance and enable the mill to increase throughput to meet growing demand for natural graphite sourced
Proposed National Wildlife Refuge Expansion Could Lead to Buyout of Twins Pines Minerals’ Mine, Ga.
October 21, 2024
A federal agency proposed an expansion of the Okefenokee Swamp’s vast wildlife refuge on Friday, which could lead to a buyout offer for land intended for a private company’s mining project that conservationists have fought for years. The U.S. Fish
CONSOL Energy Files $100M Lawsuit on Dali Shipowners for Collapse of Francis Scott Key Bridge
October 21, 2024
A major U.S. coal company has added to the growing list of claims against the owner and manager of the Singapore-flagged ship that caused the collapse of Baltimore’s Francis Scott Key Bridge earlier this year. CONSOL Energy is suing Grace
Duke Energy Backs Off Plan to End Use of Coal at Generating Plants By 2035
October 21, 2024
Duke Energy is backing off its plan to move away from using coal to generate power by 2035 in a move advocates say is harmful to consumers and the environment. The utility’s latest resource plan also scales back Duke’s near-future
Williams Racing Drivers Try Mining Giants at Komatsu’s Arizona Proving Grounds
October 21, 2024
In a thrilling departure from the high-speed world of Formula 1, Williams Racing drivers Alex Albon and Franco Colapinto, along with team principal James Vowles, traded their sleek FW46 cars for the colossal machines that power the mining industry. The
Peninsula Energy Accelerates Construction of Lance Uranium Project Ahead of Production Restart, Wyo.
October 18, 2024
Peninsula Energy Ltd. and its U.S. subsidiary Strata Energy are making good progress in the construction and wellfield development at their flagship Lance Project in the U.S. uranium hotspot of Wyoming. The project remains on track for a production restart
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