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Hecla Mining Appoints Jill Satre to Its Board of Directors
October 17, 2024
Hecla Mining Company has appointed Jill Satre to its board of directors, effective October 16, 2024. “We are thrilled to welcome Jill Satre to our board of directors. Her extensive expertise in the mining and energy sectors and her leadership
Rio Tinto to Acquire Arcadium Lithium for $6.7 Billion
October 16, 2024
Rio Tinto and Arcadium Lithium have entered into a definitive agreement where Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share. The transaction represents a premium of 90 percent to Arcadium’s closing price of $3.08 per
NexGold to Merge with Signal Gold to Form Canadian Advanced Near-term Gold Developer
October 16, 2024
NexGold Mining and Signal Gold have entered into a definitive arrangement agreement to combine the two companies and create a top near-term gold developer advancing NexGold’s Goliath Gold Complex Project in Northern Ontario and Signal’s Goldboro Gold Project in the
Piedmont Lithium’s JV Receives Mine Operating Permit for Ewoyaa Lithium Project, Ghana
October 16, 2024
Piedmont Lithium said the Minerals Commission of Ghana has issued a mine operating permit to the joint venture Ewoyaa Lithium Project in Ghana. Ewoyaa is being developed in partnership with Atlantic Lithium Limited. Receipt of the mine operating permit marks
Philippines’ Top Coal Producer Semirara Plans $5 Billion Mine Expansion
October 16, 2024
Philippines coal producer Semirara Mining and Power is planning to invest approximately $5.07 billion to expand its mining operations. The five-year proposal has been submitted to the Department of Environment and Natural Resources. The expansion will involve running the existing
Babcock & Wilcox Sell Its Italian and Swedish Businesses for $40 Million
October 16, 2024
Babcock & Wilcox Enterprises has reached an agreement to sell its Italy-based SPIG group of companies and Sweden-based Babcock & Wilcox Vølund AB to funds managed by AUCTUS Capital Partners for approximately $40 million, subject to customary adjustments and expenses.
Peabody Releases Update on Centurion Metallurgical Coal Mine Development, Australia
October 15, 2024
Peabody released an investor presentation on project development and the related integrated mine plan at Centurion, the company’s premium low volatile hard coking coal project located in Australia’s Bowen Basin. Centurion is quickly becoming the cornerstone metallurgical coal asset in
Calibre Mining Completes Major Heap Leach Pad Expansion at Pan Gold Mine, Nevada
October 15, 2024
Calibre Mining is celebrating a major achievement at Nevada’s Pan Gold Mine. The gold producer revealed that the $7.5 million dollar expansion of the operation’s heap leach pad has been completed. It took Pan employees and a 45-person contract worker
Newmont to Divest Its Akyem Operation to Zijin Mining Group for $1 Billion, Ghana
October 15, 2024
Newmont Corporation said it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the company makes a strategic shift to
RESPEC Acquires EARTHRES Expanding Its Expertise in Energy, Mining, and Environmental Solutions
October 15, 2024
RESPEC has acquired EARTHRES Group, a leading environmental and engineering consulting service provider based in Pipersville, Pennsylvania. This acquisition supports RESPEC’s mission to deliver outstanding services across the mining, energy, and environmental sectors. Since 1995, EARTHRES has built a reputation
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