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

Monarch Mining Produces First Gold Bar From Its Beaufor Mine in Quebec, Canada

September 27, 2022

Monarch Mining has produced its first gold bar from its wholly-owned Beaufor Mine and Beacon Mill, located east of Val-d’Or, Quebec. During the production for the month of July, the Beacon Mill achieved a record day of 765 tonnes of

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OZ Minerals Approves $1.13 Billion to Develop West Musgrave Copper-Nickel Project, Australia

September 27, 2022

OZ Minerals said that its board has given its final investment approval to develop the West Musgrave copper-nickel project in Australia with an investment of around A$1.7 billion ($1.13 billion). Located in the Musgrave Province of Western Australia, the project

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Bens Creek Receives Permit Approval to Operate Second Highwall Miner, W.Va.

September 26, 2022

Bens Creek Group, the owner of a metallurgical coal mine in North America supplying the steel industry, said its permit application has now been approved to operate a second highwall miner at its site in West Virginia. As previously notified,

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American Resources Subsidiary ReElement Signs MOU with USA Rare Earth Magnets

September 26, 2022

American Resources Corporation said its subsidiary, ReElement Technologies, has signed a memorandum of understanding with USA Rare Earth Magnets to supply recycled, high-purity rare earth oxides for its Stillwater, Oklahoma magnet manufacturing facility. Once fully commissioned, the Stillwater facility should

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Teck Suspends Operations at Elkview Coal Mine After Conveyor Belt Structural Failure, Canada

September 26, 2022

Teck Resources said there has been a structural failure of the plant feed conveyor belt at its Elkview steelmaking coal operation in the Elk Valley of British Columbia. Initial estimates are that production at Elkview Operations will be interrupted for

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DOE Releases $4.9 Billion FOA to Deploy Infrastructure to Manage and Store Carbon Emissions

September 26, 2022

The U.S. Department of Energy (DOE) announced a nearly $4.9 billion set of funding opportunities to bolster investments in the carbon management industry and to significantly reduce carbon dioxide (CO2) emissions released into the atmosphere through power generation and industrial

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Talon Metals Joins DPI Mining’s Responsible Sourcing Coalition

September 26, 2022

Talon Metals Corp. has joined as a supporter for the Responsible Sourcing Coalition, or RESCO. DPI Mining and Talon share a vision for sustainability across the whole value chain and are committed to furthering the conversations and work amongst stakeholders

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U.S. Gold Corp. Submits Key Permit Application for CK Gold Project, Wyoming

September 23, 2022

U.S. Gold Corp. said it has submitted an application for a permit to mine and the mine reclamation plan to the Wyoming Department of Environmental Quality (WDEQ) for its proposed CK Gold Project, 20-miles west of Cheyenne. “We have put

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CarbonCapture to Build Five Megaton Direct Air Capture and Storage Project, Wyoming

September 23, 2022

CarbonCapture Inc. entered into an exclusive partnership with leading carbon storage developer Frontier Carbon Solutions targeted to permanently remove five million tons of atmospheric CO2 annually by 2030. “With the passage of the Inflation Reduction Act, the proliferation of companies

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Koch Invests $252 Million in Compass Minerals to Advance Great Salt Lake Lithium Project, Utah

September 23, 2022

Koch Minerals and Trading (KM&T), a subsidiary of Koch Industries, has agreed to invest $252 million in Compass Minerals to help advance a lithium development project in the U.S. The investment will be made by buying the common stock of

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