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Aggregate Industries Co. to Expand Its Sand and Gravel Mine, Minnesota
July 11, 2022
A mining company that extracts sand and gravel on Grey Cloud Island southeast of the Twin Cities is seeking to expand its operations into the Mississippi River itself. According to project documents, Aggregate Industries, which mines the lower part of
Hawkeye Systems to Acquire Blue Gold International for $250 Million
July 11, 2022
Hawkeye Systems, Inc. has entered into a Letter of Intent (LOI) to acquire Blue Gold International Limited, an entity valued at U.S. $250,000,000, in a share exchange that will result in a reverse takeover of Blue Gold by Hawkeye. The
Virginia Receives Nearly $23.8 Million to Reclaim Abandoned Mines
July 11, 2022
The Virginia Department of Energy was awarded nearly $23.8 million in federal grant money to reclaim abandoned mines, which the state intends to repurpose for other uses. “We are excited to get to work and assist in getting others back
At Least 12 New Coal Mines in India to Start Production in FY23
July 11, 2022
The Ministry of Coal on Thursday said that it expects at least 12 more new mines to start production during the current financial year. According to the ministry statement, this will significantly contribute to meet the coal demand in the
American Eagle Gold to Focus on Exploration in Canada, Change Company Name to Drillore Exploration
July 8, 2022
American Eagle Gold said it has decided to make a strategic shift to focus on exploration in Canada as it confirmed plans to change the name of the company to Drillore Exploration Inc. The company said its focus will be
Cabin Ridge Holdings Launches $3.4 Billion Lawsuit Against Alberta Government Over Coal Mining Ban
July 8, 2022
The Alberta government is facing a more than $3.4 billion lawsuit over its decision to end all new coal-related exploration on the eastern slopes of the Rocky Mountains. Calgary-based Cabin Ridge Project Ltd. and its parent company, Cabin Ridge Holdings
Epiroc Secures Large Battery-Electric Equipment Order for Glencore’s New All-Electric Mine, Canada
July 8, 2022
Epiroc has won a large order from Glencore in Canada for battery-electric equipment and automation solutions that will be used at what will be one of the world’s first all-electric mines. Glencore’s Sudbury Integrated Nickel Operations has ordered a full
Alamos Gold Completes Construction and Initial Production at La Yaqui Grande Mine, Mexico
July 8, 2022
Alamos Gold Inc. has achieved initial gold production from the La Yaqui Grande mine, following the completion of construction this month, ahead of schedule. Stacking rates continue to ramp up with leaching activities beginning earlier in June. To mark the
Hecla to Acquire Canadian Silver Producer Alexco Resource
July 7, 2022
US-based gold and silver miner Hecla Mining has agreed to acquire the remaining stake in Alexco Resource in an all-stock transaction that values Alexco’s shares at $0.47 each. Alexco owns and operates the Keno Hill Silver District in Canada’s Yukon
SilverCrest Pours First Silver and Gold at Las Chispas Mine, Mexico
July 7, 2022
SilverCrest Metals said it has poured its first silver and gold at the company’s Las Chispas Mine located in Sonora, Mexico. The first precious metal pour was completed on June 30, 2022 and consisted of 312 kilograms of dore with
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