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Challenges Delay Full Production at CONSOL Energy’s Itmann Mine, W.Va.
February 9, 2023
CONSOL Energy’s newly opened metallurgical coal mine won’t ramp up to full production until the middle of this year after several challenges, including supply chain and equipment delays. The Itmann mine, in central West Virginia, represents a new type of
Anglo American to Acquire 9.9% of Canada Nickel, to Advance Crawford Nickel Project
February 9, 2023
Anglo American has agreed to acquire a 9.9 percent minority interest in Canada Nickel Company Inc., which owns the Crawford nickel project in Ontario, Canada. Anglo American will also provide technology expertise to the Crawford project and has the exclusive
American Resources Reduces Debt by More than $9 Million
February 9, 2023
American Resources Corporation said its final convertible debt holder, Golden Properties Ltd. has elected to convert all of their senior convertible debentures due March 31, 2023 to shares of class A common stock of the company in a move that
50 Senators, Including Joe Manchin, Challenge Biden’s ESG Rule Impacting 401k Retirement Plans
February 9, 2023
Every Republican senator and Democrat Joe Manchin are introducing legislation that they hope will terminate the Biden administration’s new environment, social and governance (ESG) rule, which they say “politicizes” the retirement savings for 152 million Americans. The Biden administration’s Department
Thungela Resources to Acquire Controlling Interest in Ensham Coal Mine for $240 Million, Australia
February 9, 2023
Thungela Resources Limited said it has entered into agreements to acquire a controlling interest in the Ensham coal mine, located within the well-established and infrastructure-enabled southern Bowen Basin in Queensland, Australia. The South Africa-based energy firm said it will acquire the
Fight to Preserve Historic Utah Mine Strengthens After Recent String of Thefts
February 9, 2023
Utah archeologists are trying to find new ways to preserve an old mine as vandals continue to damage its historic buildings and machinery. The Utah Division of Oil, Gas and Mining on Monday was alerted about recent vandalism at the
SEC Considers Easing Climate-Disclosure Rules after Investor Pushback
February 8, 2023
The Securities and Exchange Commission is considering a softening of planned rules requiring companies to disclose the effects of extreme weather and other costs related to global warming when the regulator completes its climate-change proposals, people close to the agency
Brazil Regulator Approves BHP’s $6.6 Billion Takeover of OZ Minerals
February 8, 2023
Australian copper and gold producer OZ Minerals has received the clearance from Brazilian competition regulator for its A$9.6 billion ($6.61 billion) buyout by mining giant BHP Group. The approval for BHP Lonsdale’s takeover of OZ Minerals via a scheme of
Senator Sinema and Colleagues Urge Administration to Designate Copper as a Critical Mineral
February 8, 2023
Arizona senior Senator Kyrsten Sinema led a letter joined by U.S. Senators Mark Kelly (D-Ariz.), Joe Manchin III (D-W.Va.), Mike Braun (R-Ind.), Raphael Warnock (D-Ga.), and Mitt Romney (R-Utah) urging U.S. Department of the Interior Secretary Deb Haaland to designate
University of Wyoming Receives DOE Funding for Carbon Project in Pacific Northwest
February 7, 2023
The University of Wyoming will receive $10.5 million from the U.S. Department of Energy (DOE) for a research and development project advancing the wide-scale deployment of carbon management technologies to reduce carbon dioxide (CO2) pollution. Researchers in the UW School
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