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Newmont Completes Sale of Triple Flag Shares
March 31, 2023
Newmont Corporation has completed the sale of its common shares of Triple Flag Precious Metal Corp. on the open market for $179 million in net proceeds, after tax. The monetization of Triple Flag’s shares further streamlines and optimizes Newmont’s equity
Macmahon Secures $1.18 Billion Contract Extension at Byerwen Coal Mine, Australia
March 31, 2023
Macmahon has been awarded a 20-month contract extension to continue mining services at the A$1.76 billion ($1.18 billion) Byerwen coking coal mine in the Bowen Basin in Queensland, Australia. The contract extension comes into effect starting from November 1, 2023
Fire Breaks Out at Peabody’s Shoal Creek Mine, Alabama
March 30, 2023
Peabody confirmed a fire began Wednesday at its Shoal Creek Mine involving void fill material utilized to stabilize the roof structure of the mine. The Shoal Creek Mine is near Jefferson, Walker, and Tuscaloosa counties in Alabama. All mine personnel
British Columbia to Get Economic Boost with Three New Gold Mines
March 30, 2023
It has been six years since the last new gold mine — Brucejack — went into production in B.C. Now, as many as three could be pouring first gold next year: Premier, Blackwater, and Cariboo Gold. While the Premier and
OSMRE Launches Grant Application for $126 Million to Reclaim Abandoned Coal Mines
March 30, 2023
The Office of Surface Mining Reclamation and Enforcement announced today more than $126.5 million in fiscal year 2023 Abandoned Mine Land Reclamation fee-based grants available to states and tribes for AML reclamation efforts that continue to protect the health and
U.S. Supreme Court Turns Away Challenge to Trump’s Tariffs on Steel Imports
March 30, 2023
The U.S. Supreme Court on Monday declined to hear a challenge to U.S. steel import tariffs imposed in 2018 under former President Donald Trump — a policy he touted as defending American national security — and largely maintained by President
Australia’s Liontown Resources Rejects $3.7 Billion Proposal from Albemarle
March 30, 2023
Australia’s Liontown Resources rebuffed an indicative offer from top lithium producer Albemarle Corp. that valued the lithium developer at A$5.50 billion ($3.66 billion) on Tuesday, sending its shares soaring 59 percent. Albemarle had offered A$2.50 per share, Liontown said in
Minnesota DNR to Hold Hearing Monday on Key Permit for Polymet’s NorthMet Project
March 29, 2023
A hearing is scheduled to be held Monday on a key permit for a project that would be the first copper nickel mine in Minnesota. It’s known as the NorthMet project, by mining company PolyMet. The mine would be located
American Resources Commissions McCoy Elkhorn Processing and Loading Facilities, Kentucky
March 29, 2023
American Resources’ American Carbon subsidiary, has commissioned its McCoy Elkhorn processing facilities in Pike County, Kentucky for internal processing, third party processing, and carbon loading businesses, thereby enabling additional growth opportunities and enhanced margins from existing production. “We are excited
Robindale Energy, Some Landowners Pushing for New Coal Mine Near Johnstown, Pennsylvania
March 29, 2023
A Clearfield-based mining company and two Conemaugh Township, Somerset County, landowners are seeking a zoning change that could pave the way for a strip mine near Jerome. During a meeting earlier this month, RES Coal, a division of Robindale, outlined
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