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Champion Iron to Acquire Iron Ore Pelletizing Facility in Québec for $195 Million, Canada
May 18, 2022
Champion Iron has signed a deal to acquire the Pointe Noire iron ore pelletizing facility in Sept-Iles, Québec, Canada from Société Ferroviaire et Portuaire de Pointe-Noire (SFPPN) for a cash consideration of C$2.5 million ($1.95 million). In addition to that,
OSMRE Allocates $122.5 Million in Abandoned Mine Land Economic Revitalization Grants
May 18, 2022
The Office of Surface Mining Reclamation and Enforcement announced today $122.5 million in fiscal year 2022 funding for Abandoned Mine Land Economic Revitalization grants. The six Appalachian states with the highest number of unfunded high priority abandoned mine land problems
Newrange Gold Encouraged by Exploration Progress at Ontario Gold Properties, Canada
May 18, 2022
Newrange Gold Corp gave shareholders a glimpse into its progress at its exploration-stage properties in Ontario. The past-producing high-grade Argosy gold mine is open to depth, while the adjacent North Birch project has additional blue-sky potential, according to Vancouver-based Newrange.
Minto Metals Strikes New Extended Offtake Deal with Japanese Titan Sumitomo Corp.
May 18, 2022
Minto Metals says it has struck a more favorable offtake deal for copper concentrate from its Yukon mine with Japanese trading titan Sumitomo Corporation (SC). The deal, effective from May 16 this year, extends the existing arrangement between the two
Hopes Fade for Missing Miners at Trevali’s Perkoa Mine in Burkina Faso, Africa
May 18, 2022
Rescue workers have found no survivors in a rescue chamber deep inside a flooded zinc mine in Burkina Faso, the government and the mine owner said on Tuesday, all but extinguishing hope that eight missing miners could still be alive
Strata Worldwide Appoints Tony Napier as President and Managing Director of Australian Operations
May 17, 2022
Strata Worldwide has appointed Tony Napier as president and managing director of its Australian operations in February of 2022. Tony Napier is based at the company’s head office in Newcastle, New South Wales, and brings more thean 30 years of
NMA Releases Statement on 9th Circuit Decision Regarding Proposed Rosemont Mine
May 17, 2022
Rich Nolan, President and CEO of the National Mining Association (NMA), released a statement on the decision of the 9th Circuit District Court in Center For Biological Diversity v. USFWS, concerning the proposed Rosemont Mine in Arizona. “We continue to
Fortescue Future Industries to Convert Centralia Coal Mine to Green Hydrogen Facility, Washington
May 17, 2022
Fortescue Future Industries (FFI), owned by Australian billionaire Andrew ‘Twiggy’ Forrest, is planning to convert a former coal mine in US state of Washington into a green hydrogen production facility, using funds it hopes to win from the federal government’s
Caterpillar Acquires Tangent Energy Solutions
May 17, 2022
Caterpillar Inc. has acquired Tangent Energy Solutions, a U.S.-based energy-as-a-service (EaaS) company. Headquartered in Kennett Square, Pennsylvania, Tangent Energy provides customers with turnkey solutions for reducing energy costs, increasing energy efficiency, reducing emissions, monetizing electric grid support and providing resiliency
Biden Wants Taxpayers to Fund Massive Mining Projects — Just Not in the US
May 17, 2022
The Biden administration asked Congress to allow the Department of Defense (DoD) to fund foreign critical mineral facilities in the annual defense spending bill. The Pentagon asked lawmakers earlier this month to broaden where it is able to fund projects
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