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Blue Lagoon Resources Secures $5.7 Million to Advance Dome Mountain Gold Project, Canada
March 24, 2022
Blue Lagoon Resources has closed a non-brokered flow through financing for proceeds of $5,746,983.84. The strategic investment by Crescat Capital provided for more than 18 percent of the total financing. In addition, Crescat continues to maintain its previously secured participation
Capstone Mining and Mantos Copper Complete Combination to Create Capstone Copper
March 24, 2022
Capstone Mining Corp. has successfully completed the previously reported transaction combining Capstone Mining and Mantos Copper following the receipt of all regulatory approvals and the satisfaction of all closing conditions. Mantos has been renamed Capstone Copper Corp., is headquartered in
Artemis Gold Secures $280 Million to Develop Blackwater Gold Project, Canada
March 24, 2022
Artemis Gold has secured a C$360 million ($280 million) project loan facility (PLF) from Macquarie Bank and National Bank of Canada for its Blackwater gold project in central British Columbia, Canada. Under the PLF, the company will also secure up
The Metals Company, Allseas Complete Wet-Test Commissioning of Robotic Polymetallic Nodule Vehicle
March 24, 2022
The Metals Company (TMC) has successfully deployed and wet-test commissioned the pilot robotic nodule collector vehicle together with the company’s strategic partner and shareholder, Allseas Group. During the harbor wet-test commissioning undertaken at the Port of Rotterdam, the Allseas-designed pilot
Wyoming Senate Gives Final Approval to Coal Severance Tax Reduction
March 24, 2022
A bill that will reduce Wyoming’s coal severance tax by half a percent was approved by the Wyoming Senate. House Bill 105 gives a $10 million a year tax break for coal in an effort to keep the industry competitive.
Hitachi Americas Kicks Off New Era in North American and Latin America
March 24, 2022
After years of preparing, Hitachi Construction Machinery Americas Inc. (HCMA) is launching the next chapter for Hitachi Construction Machinery in North America and Latin America. On March 1, 2022, HCMA officially began leading the Hitachi brand’s construction and mining equipment
X-Mat Carbon Core Composites Receives $3 Million to Develop Coal-based Building Materials, W.Va.
March 23, 2022
A Bluefield business that focuses on the use of coal in developing building materials is receiving almost $3 million in funding. Sen. Joe Manchin, D-W.Va., made the announcement last week during a visit from two U.S. Cabinet members to the
Federal Decision to Pull Mining Permits Sets Dangerous Precedent for All Minnesota Businesses
March 23, 2022
As presidents of our local Chambers of Commerce, our job is to help the businesses in our communities thrive and succeed. Sometimes that service means standing watch against actions that could do them harm. When we heard about the federal
West Virginia Leaders Tout New Electric Battery Plant
March 23, 2022
Programs to re-train coal miners and reinvigorate West Virginia’s suffering workforce have been proposed before. Democratic U.S. Sen. Joe Manchin said many have been a disappointment because there were no jobs. “All that ended up being was basically an extension
West Virginia Hydrogen Hub Coalition Takes Next Step to Secure Hub in West Virginia
March 23, 2022
U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, and Shelley Moore Capito (R-WV), Representative David McKinley (R-WV), and Governor Jim Justice (R-WV) submitted the West Virginia Hydrogen Hub Coalition’s official response to the U.S.
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