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Silver Range Resources Options Bellehelen Gold-Silver Project to Excalibur Metals, Nevada
December 28, 2022
Silver Range Resources Ltd. has struck a definitive agreement to option its Bellehelen project in Nevada to Excalibur Metals Corp. Excalibur, a private British Columbia company, will receive an option to purchase a 100 percent interest in Bellehelen for a
New Mexico Allocates Grants from $32 Million Mine Spill Settlement
December 28, 2022
Six entities impacted by the 2015 Gold King Mine spill will share roughly $4 million in grants from a settlement, according to the New Mexico Attorney General’s office. Outgoing Attorney General Hector Balderas announced earlier this month that nearly $4.3
Taseko and Mitsui Enter Strategic Partnership to Develop Florence Copper Project, Arizona
December 27, 2022
Taseko Mines Limited has signed agreements with Mitsui & Co. to form a strategic partnership to develop the company’s Florence Copper project located in Arizona. Mitsui has committed to an initial investment of $50 million, with proceeds to be used
Conuma to Acquire Teck’s Quintette Coal Mine in B.C. for $120 Million
December 27, 2022
Teck Resources Limited has agreed to sell to a subsidiary of Conuma Resources Limited all the assets and liabilities of the Quintette steelmaking coal mine in north-eastern British Columbia. Conuma will pay Teck $120 million in cash in staged payments
Department of Defense Awards Perpetua Resources $24.8 Million Under the Defense Production Act
December 27, 2022
Perpetua Resources’ wholly owned subsidiary Perpetua Resources Idaho was awarded a technology investment agreement of up to $24.8 million under Title III of the Defense Production Act (DPA). The funding objective of the technology investment agreement, issued by the Air
BHP Signs Agreement to Acquire OZ Minerals for $6.4 Billion
December 27, 2022
Australian mining company BHP has signed a scheme implementation deed (SID) to acquire all the share capital of OZ Minerals Limited (OZL), at a price of A$28.25 ($19) per share. The SID, signed through its wholly owned subsidiary BHP Lonsdale
Graphex Technologies Inters LOI to Produce Natural Graphite Anode Material from Mine-to-Batteries
December 27, 2022
Graphex Group Limited and its U.S. subsidiary, Graphex Technologies, has entered into a non-binding letter of intent (LOI) with Northern Graphite Corporation. The intent of the LOI is to aggregate Northern’s raw material supply capabilities with Graphex’s proven downstream processing
Ioneer’s Rhyolite Ridge Lithium-Boron Project Advances to Final Stage of Permitting, Nevada
December 22, 2022
Ioneer Ltd. said its Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada has advanced into the final stage of federal permitting with the decision by the U.S. Bureau of Land Management (BLM) to publish a notice of intent (NOI) in
B.C. and Federal Governments Reject Glencore’s Proposed Sukunka Coal Mine
December 22, 2022
The B.C. and federal governments have rejected Glencore’s proposed coal mine project in northeastern B.C., citing significant environmental impacts including to the caribou and grizzly bear populations. On Wednesday, the provincial government announced it will not issue an environmental assessment
Ramaco Resources Forms Philanthropic Organization Ramaco Foundation to Support Coal Communities
December 22, 2022
America’s coal-producing communities are fundamental to the growth and success of the country, but are too often overlooked for the support they need. For this reason, Ramaco Resources had formed the Ramaco Foundation, a philanthropic organization that will invest in
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