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Pennsylvania Receives $4 Million in Grants for Coal Communities
March 21, 2022
Pennsylvania organizations, including many in the Pittsburgh region, will receive nearly $4 million in federal grants through the Appalachian Regional Commission (ARC) to build up communities that have been impacted through the decline of the coal industry. The six programs
Newmont’s Coffee Gold Project Approved by Federal and Territorial Governments, Canada
March 18, 2022
Newmont Corporation said the Governments of Yukon and Canada, after consultation with Yukon First Nations, have jointly accepted the recommendation the Coffee Gold Project be allowed to proceed by the Yukon Environmental Socioeconomic Assessment Board’s (YESAB). “Newmont is pleased that
Development Permit Expected Soon for Ximen Mining’s Kenville Project, Canada
March 18, 2022
Ximen Mining Corp. told investors that it has been advised by the Ministry of Energy, Mines and Low Carbon Innovation (EMLI) that a draft permit for the proposed mine development and underground drilling at the Kenville Gold Mine project at
Metals Acquisition Corp. to Acquire Glencore’s CSA Mine in $1.1 Billion Deal, Australia
March 18, 2022
Glencore and Metals Acquisition Corp. (MAC) have entered into a binding agreement for the sale and purchase of Glencore’s CSA copper mine in New South Wales, Australia. Glencore will receive US$1.05 billion in cash, US$50 million equity stake in MAC,
We Have to Be Strategic About Strategic Material Production
March 18, 2022
The most important duty of government is to provide for the security of its citizens. Providing that security is a complex enterprise. Its most obvious feature is military power: providing the surface, naval, air, and space forces necessary to protect
Antofagasta Minerals Recruits Nokia for Private LTE Install at Chilean Copper Mine
March 18, 2022
Chile-based copper mining group Antofagasta Minerals has recruited Nokia to deploy a private LTE network at its Minera Centinela (Centinela mine) open pit copper mine in the Antofagasta region in northern Chile. It is the latest in a string of
Fatality in Mine-related Material Car Incident at Harmony Gold’s Doornkop Mine, Africa
March 17, 2022
Harmony Gold Mining said that one of its employees tragically lost their life following a mine-related material car incident during the afternoon of Friday, March 11, 2022, at its Doornkop Mine, near Soweto, in the Gauteng province. “We are deeply
AMC Entertainment and Precious Metals Investor Eric Sprott Invest $56 Million in Hycroft Mining
March 17, 2022
Hycroft Mining, the owner of Hycroft Mine in Northern Nevada, has raised $56 million equity investment from precious metals investor Eric Sprott and AMC Entertainment. Under the terms of the transaction, Eric Sprott and AMC will invest $27.9 million each
Horizonte Minerals Secures $346.2 Million for Construction of Araguaia Nickel Project, Brazil
March 17, 2022
Horizonte Minerals said it signed the final documentation required for a US$346.2 million (£265 million) senior debt facility and US$25 millionn cost overrun facility for the construction of its Araguaia ferronickel project in Brazil. The first drawdown under the senior
Australia to Invest $178 Million in Critical Minerals Manufacturing
March 17, 2022
The Australian government has announced a funding of over A$243 million ($178 million) for four projects with an aim to boost the country’s critical minerals sector. The funding will be available to a A$399 million ($292.3 million) nickel manganese cobalt
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