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Nevada Copper Releases Update on Restart of Operations at Pumpkin Hollow Copper Mine
November 29, 2022
Nevada Copper has released an update on restart and operational activities for its Pumpkin Hollow underground copper mine following the closing of the restart financing package that provides up to $123 million of liquidity to the company. Additionally, the company
Syrah Resources Secures $220 Million Grant from DOE for Expansion of Its Vidalia Facility, Louisiana
November 29, 2022
Syrah Resources said that its fully-owned subsidiary Syrah Technologies has been awarded a grant of up to $220 million from the U.S. Department of Energy (DOE) for the expansion of its Vidalia active anode material (AAM) facility in Louisiana. The
SolGold and Cornerstone Merge
November 29, 2022
SolGold and Cornerstone Capital Resources have entered into a definitive agreement where SolGold will acquire all of the issued and outstanding shares of Cornerstone, other than Cornerstone shares already held, directly or indirectly. The merger of Cornerstone and SolGold will
ACME Lithium Receives Approval for Phase 2 Program at Clayton Valley Lithium Project, Nevada
November 29, 2022
ACME Lithium Inc. announced that its project operator, GeoXplor Corporation, has received a decision letter of approval under an amended notice of intent to drill (NOI) from the United States Bureau of Land Management for ACME’s upcoming phase 2 drill
Vale Canada Opens Phase I of $684 Million Copper Cliff Complex South Mine Project
November 29, 2022
Vale Canada has inaugurated the first phase of its C$945 million ($684 million) Copper Cliff Complex South Mine Project in Sudbury, Canada. The company said more than 12km of tunnels were developed to combine the south and north shafts of
Coal Traders Turn to Private Finance as High Demand Lifts Prices
November 29, 2022
Coal traders are turning to private finance to keep shipments moving after a European ban on Russian imports sent prices up fivefold. Russia made up almost half of the European Union’s hard-coal imports in 2020, but purchases all but ceased
Peninsula Energy Makes FID for Its Lance Uranium Project Operations, Wyoming
November 28, 2022
Australia-based Peninsula Energy has made a positive financial investment decision (FID) to restart uranium production operations at its 100 percent owned Lance projects in the U.S. To fund the restart of operations, Peninsula Energy announced an A$35 million ($23.61 million)
NMA: Potential Rail Strike Jeopardizes Nation’s and Allies’ Energy Security and Supply Chains
November 28, 2022
Rich Nolan, president and CEO of the National Mining Association (NMA), issued the following statement on the potential for a rail service strike and its impact on U.S. mining and the supply chains supported by the industry. “A rail strike
DOE Funds Next-Generation Rare Earths Processing Research Collaboration
November 28, 2022
American Rare Earths Limited said its wholly owned U.S. subsidiary, Western Rare Earths (WRE), has joined as the industrial partner in a research consortium that includes the technology company, Phinix and Virginia Tech University. The team was awarded R&D funding
Incoherent Energy Policy Worsens the Inflation Outlook
November 28, 2022
Most of the exit polls from the midterm elections found that, not surprisingly, the state of the economy — especially inflation — remains a top concern for most voters. Unfortunately, high inflation is likely to continue for the foreseeable future,
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