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NEWS Click on text to read news by category: General | Product | People | Worldwide

Alaska’s Lake Clark National Park Considers Easements that Could Spur Mining

June 13, 2024

The National Park Service said Monday it will evaluate two proposed easements across a portion of Lake Clark National Park that an Alaska Native corporation has requested as step toward converting an exploratory mineral prospect into an operating mine. The

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Nevada Copper Files for Chapter 11 Bankruptcy Protection, Appoints Tom Albanese as Chairman

June 13, 2024

Nevada Copper and its subsidiaries have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court of the District of Nevada. The company has been in discussions with its key stakeholders

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U.S.-Saudi Petrodollar Pact Ends After 50 Years

June 13, 2024

The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia was just allowed to expire. The term “petrodollar” refers to the U.S. dollar’s role as the currency used for crude oil transactions on the world market. This arrangement has its

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IEA Report: Global Spending on Clean Energy Technologies, Infrastructure to Hit $2 Trillion in 2024

June 13, 2024

Global spending on clean energy technologies and infrastructure on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies Despite pressures on financing, global investment in clean energy is

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MSHA Issues Safety Alert for Mobile Equipment

June 13, 2024

Spurred by the deaths of six miners who were struck by mobile equipment in underground production areas, the Mine Safety and Health Administration has issued a safety alert. The agency details four of the incidents, including one in which two

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Freeport-McMoRan CEO Kathleen Quirk to Receive The Copper Club’s Ankh Award

June 13, 2024

Freeport-McMoRan said Kathleen Quirk will receive the Ankh Award at The Copper Club’s annual dinner on June 12, 2024, in recognition of her exceptional leadership and commitment to the copper industry. The Ankh Award has been bestowed annually since 1962

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New Electric LEKA Toras 35 Hammer to Bring Hammering to a New Era

June 13, 2024

Since its foundation in 2018, Lekatech has been innovating in the world of breakers and hammers with its state-of-the-art, advanced electric-powered solutions. Now, the Finnish company will unveil its latest development at Hillhead 2024, the new Electric Hammer LEKA Toras

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Eskay Mining and P2 Gold to Merge, to Focus on Development in the Golden Triangle and Nevada

June 12, 2024

Eskay Mining and P2 Gold have entered into non-binding letter of intent where Eskay has agreed to acquire P2 in a business combination transaction.. Upon completion of the proposed transaction, existing Eskay shareholders are expected to own approximately 80 percent

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FalconPoint-backed JENNMAR Acquires G&R Gas Services

June 12, 2024

JENNMAR has acquired the assets of G&R Gas Services. Based in Cedar Bluff, Virginia, G&R provides well tending, roustabout, and right-of-way maintenance services to the oil and gas industry across Virginia. As part of the acquisition, JENNMAR acquired G&R’s operating

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Bill Gates’ TerraPower Begins Construction on Natrium Nuclear Project, Wyoming

June 12, 2024

TerraPower celebrated the start of construction on the Natrium reactor demonstration project. This marks the first advanced reactor project to move from design into construction. “This groundbreaking represents the beginning of the next era of nuclear energy. The Natrium reactor

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