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

Sterling Metals Appoints Mark Goodman as Chairman

May 31, 2024

Sterling Metals has appointed Mark Goodman as chairman of the board of directors, effectively immediately. Goodman joins the company as part of the recently completed acquisition of the Copper Road Project from Copper Road Resources. Goodman replaces Richard Patricio, who

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FPX Nickel Appoints Scott Larson as President and CEO of It’s Subsidiary CO₂ Lock Corp.

May 31, 2024

FPX Nickel Corp. has appointed Scott Larson as the new president and chief executive officer of CO₂ Lock Corp., the company’s majority-owned subsidiary specializing in carbon capture and storage (CCS) via permanent mineralization. “We are very pleased to welcome Scott

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Department of the Treasury, IRS Releases Proposed Guidance for Clean Electricity Credits

May 31, 2024

The U.S. Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit established by the Inflation Reduction Act. By providing clarity to developers of clean electricity projects,

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EU, Australia Sign Critical Minerals Pact to Diversify Supply Chains

May 30, 2024

Australia and the European Union have struck an agreement to boost cooperation and investment in critical minerals, part of a drive by Western nations to loosen China’s grip on supply chains of materials essential to high-tech and green manufacturing. Ministers

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BHP Walks Away from $49 Billion Pursuit of Rival Anglo American

May 30, 2024

Mining group BHP Group on Wednesday walked away from its $49 billion plan to takeover rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit. Anglo had granted BHP a one-week extension until

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Ivanhoe Electric Selects Fluor to Advance PFS for Its Santa Cruz Copper Project, Arizona

May 30, 2024

Ivanhoe Electric has selected Fluor Enterprises as the lead consultant for the preliminary feasibility study for its Santa Cruz Copper Project in Arizona. Fluor brings exceptional expertise to the project as an industry-leading global engineering, procurement, construction, and maintenance company

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Florida Gov. DeSantis Signs Legislation Restoring Sanity in State’s Approach to Energy

May 30, 2024

Last week, Republican Florida Gov. Ron DeSantis shut down local climate alarmists in one fell swoop, signing a handful of legislation that denies foreign influence and maintains the Sunshine State’s energy economy. “The legislation I signed today — HB 1645,

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Arafura Rare Earths Secures $300 Million to Advance Its Nolans Project, Australia

May 30, 2024

Australian mineral exploration company Arafura Rare Earths has secured conditional approval for up to $300 million in debt finance from Export Development Canada (EDC), for its Nolans Project. The 12-year debt facility is a result of a geostrategic partnership between

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MSHA Releases April 2024 Impact Inspections Report

May 30, 2024

The Mine Safety and Health Administration completed impact inspections at 15 mines in 11 states in April 2024, issuing 247 violations and two safeguards. An inspector issued safeguards due to site-specific standards at underground coal mines to address safety hazards

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Biden Launches Largest Attack Yet on American Coal with New Lease Ban in Powder River Basin

May 30, 2024

The Biden administration is going after western coal producers with new rules published on May 17 that eliminate new coal leases in the nation’s largest coal-producing region. The Bureau of Land Management (BLM) announced the agency would halt additional leases

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