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Northern Dynasty Secures $60 Million Royalty Agreement for Its Pebble Project, Alaska
August 12, 2022
Northern Dynasty Minerals has entered into an agreement with an investor to receive up to $60 million over the next two years, in return for the right to receive a portion of the future gold and silver production from the
Court Allows Sandfire to Start Phase 1 Construction of Black Butte Copper Project, Montana
August 12, 2022
Sandfire Resources America Inc. said the District Court has issued an order on remedies that will allow phase 1 construction of the Black Butte Copper Project to be completed under the existing permit. “Although we continue to strongly disagree with
Aris Gold and GCM Mining to Merge to Create Large Gold Producer in U.S.
August 12, 2022
Canadian gold producer GCM Mining and Aris Gold have signed a definitive agreement to combine their operations, creating a large-scale gold mining company in the Americas. Under the terms of the agreement, GCM will acquire all the outstanding shares of
NioCorp Files NI 43-101 Technical Report for Its Elk Creek Critical Minerals Project, Nebraska
August 12, 2022
NioCorp Developments Ltd. said it has filed a technical report in accordance with National Instrument 43-101 regarding its 2022 feasibility study on its Elk Creek critical minerals project in Nebraska. The company said the 659-page report supported the results of
Sandstorm Gold’s Board Approves Acquisition of Nomad Royalty Company
August 11, 2022
Sandstorm Gold’s special meeting of shareholders approved the resolution for the issuance of common shares of Sandstorm in connection with the arrangement where Sandstorm will acquire all of the issued and outstanding common shares of Nomad Royalty Company Ltd. The
Coal Plants Kept Online to Prevent Blackouts as Green Transition Falters
August 11, 2022
Coal-fired power plants in several states are delaying planned shutdowns in order to avoid blackouts and energy shortages as the delayed development of renewable energy sources is leaving gaps in states’ power grids amid high energy demand. At least six
Court of Appeals Decision Affirms enCore’s Dewey Burdock License to Extract Uranium
August 11, 2022
enCore Energy Corp. said a panel of the U.S. Court of Appeals for the Circuit of the District of Columbia issued an opinion in a case brought by the Oglala Sioux Tribe against the U.S. Nuclear Regulatory Commission (NRC). The
MPE Partners and Motor-Services Hugo Stamp Acquire Pacific Power Group
August 11, 2022
MPE Partners, along with portfolio company Motor-Services Hugo Stamp, Inc. (MSHS) has acquired Pacific Power Group (PPG). PPG is an industry leading provider of products, parts, and maintenance, repair, and overhaul (MRO) services for marine, energy, commercial, and industrial equipment.
Chevron Lubricants Releases Delo TorqForce Syn FD-1 Designed for Mining Equipment
August 11, 2022
Chevron Lubricants has launched its Delo TorqForce Syn FD-1 high performance, fully synthetic lubricant designed for use in final drives and axles of large mining haul trucks and other support equipment. Delo TorqForce Syn FD-1 was designed to increase performance
Ramaco Resources to Acquire Maben Coal for $30 Million, Expands Elk Creek Prep Plant
August 10, 2022
Ramaco Resources has entered into a securities purchase agreement with Appleton Coal to acquire 100 percent of the membership interests in Maben Coal for an aggregate purchase price of $30 million. The completion of the acquisition remains subject to customary
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