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Senators Warner, Capito Introduce Methane Reduction and Economic Growth Act
September 26, 2024
U.S. Sens. Mark Warner (D-VA) and Shelley Moore Capito (R-WV) introduced legislation to create a tax credit that will incentivize the capture and repurposing of methane emissions from active and abandoned mines. Leveraging methane capture technology will allow the gas
Komatsu to Acquire Chile-based Digital Solutions Provider Octodots Analytics
September 26, 2024
To expand its artificial intelligence (AI) capabilities and help customers optimize their mining operations, Komatsu announced today its intent to acquire Octodots Analytics, a Chile-based digital solutions provider. The announcement comes as the company debuts its new modular ecosystem, a
Judge Dismisses Lawsuit Over Mine Sinkholes in South Dakota
September 26, 2024
A judge in South Dakota has thrown out a lawsuit brought by dozens of neighbors in a Rapid City-area subdivision whose homes were built above an old, underground mine linked to sinkholes in the neighborhood. Circuit Court Judge Eric J.
Nouveau Monde Graphite Gears Up for Construction of Phase-2 at Matawinie Mine, Canada
September 25, 2024
Nouveau Monde Graphite (NMG) has attained tangible milestones in preparing for the construction of the phase-2 Matawinie Mine through key procurement activities, detailed engineering, construction planning, and community investment. Among these is the awarding of the 120kV electrical substation to
American Rare Earths Secures EXIM Bank Support with $456M LOI for Its Two Projects in Wyoming
September 25, 2024
In a groundbreaking development for American Rare Earths Limited (ARR), the Export-Import Bank of the United States (EXIM) has issued a non-binding letter of interest to provide up to $456 million in debt financing. The funds will support the construction
SSR Mining to Restart Seabee Gold Mine Following Forest Fire, Canada
September 25, 2024
SSR Mining is on track to restart its Seabee Gold Mine in northern Saskatchewan following a forest fire that halted operations and damaged some of the company’s equipment. The mid-tier gold producer said Monday that work is expected to resume
Fortescue Signs $2.8B Green Equipment Partnership with Liebherr for Zero Emission Mining Solutions
September 25, 2024
During an impressive event at this year’s MINExpo in Las Vegas, Liebherr and Fortescue announced a significant expansion of their partnership and unveiled the jointly developed autonomous battery-electric T 264 truck. Both Dr. Andrew Forrest and Dr. Willi Liebherr attended
Trafigura Appoints Richard Holtum as CEO, Jeremy Weir as Chairman
September 25, 2024
Trafigura Group has appointed Richard Holtum as chief executive officer (CEO) effective January 1, 2025 and will join the Trafigura board of directors on October 1, 2024. Jeremy Weir, executive chairman and CEO, will step down from his executive responsibilities
Uranium Energy to Acquire Rio Tinto’s Wyoming Assets for $175 Million
September 24, 2024
Uranium Energy Corp. has entered into an agreement with Rio Tinto America to acquire 100 percent of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million
Urbix’s Graphite Processing Facility Selected by DOE for $125 Million Funding, Arizona
September 24, 2024
Urbix has been selected by the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains (MESC) for final negotiations for an award of up to $125 million towards the construction of a commercial- scale graphite processing facility
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