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Ramaco Resources Enters Agreement to Acquire Ramaco Coal
March 4, 2022
Ramaco Resources, Inc. has reached an agreement in principle to acquire 100 percent of the equity interests of Ramaco Coal, an entity owned by an investment fund managed by Yorktown Partners and certain members of the company’s management. The consideration
Lithium Americas Submits Draft Loan Application to U.S. Department of Energy
March 4, 2022
Lithium Americas Corp. has submitted a draft application to the U.S. Department of Energy (DOE) for funding to be used at its 100 percent owned Thacker Pass lithium project in Humboldt County, Nevada, through the Advanced Technologies Vehicle Manufacturing Loan
Perseus Mining to Take Full Ownership of Orca Gold in $155 Million Deal
March 4, 2022
Perseus Mining has agreed to take full ownership of Canada-based gold developer Orca Gold by acquiring the remaining 85 percent stake in an all-stock deal worth C$198 million ($155.1 million). The Australia-based gold company had acquired the currently held 15
Lithium Americas Receives Final Key State Permits for Thacker Pass Project, Nevada
March 3, 2022
Lithium Americas Corp. said the Nevada Division of Environmental Protection (NDEP) has issued the final key state-level permits for the Thacker Pass lithium project in Humboldt County, Nevada. The three approved permits include the water pollution control permit, mine reclamation
SWIFT Ban Hits Russian Coal Exports to China
March 3, 2022
Chinese buyers of coal are having trouble securing financing to buy coal from Russia, the world’s third-largest coal exporter, as China’s banks are wary of sanctions themselves after selected Russian banks were expelled from the SWIFT banking system. “Most banks
NRECA: Supreme Court Should Preserve States’ Power to Set Fossil Plant Emissions
March 3, 2022
As the U.S. Supreme Court addresses whether Congress authorized the Environmental Protection Agency to issue rules capable of reshaping the nation’s electric grid through the Clean Air Act, electric cooperatives continue to support the preservation of state authority to set
Canadian Miner Kinross Gold to Suspend Operations in Russia
March 3, 2022
Canadian miner Kinross Gold said that the company will suspend its operations in Russia, which includes the Udinsk development project, citing the Russian war on Ukraine. Russia is one of three core regions for the gold miner apart from the
WV Coal Association Statement Regarding Monday’s U.S. Supreme Court Oral Arguments in West Virginia
March 3, 2022
Chris Hamilton, president and CEO of the West Virginia Coal Association offered the following statement following Monday’s oral arguments before the U.S. Supreme Court in West Virginia v Environmental Protection Agency: “This case is about reining in the unchecked power
Fatality at Ramaco Resources’ Berwind Coal Mine, W.Va.
March 2, 2022
A miner was killed Monday morning in an incident at a McDowell County mine. Steven H. Hively, 52, of Philippi was fatally injured Monday morning when he was pinned by an air drill at Ramaco Resources’ Berwind Mine, West Virginia
Supreme Court Weighs Case to Limit EPA’s Authority Over Coal Plants, Greenhouse Emissions
March 2, 2022
The Supreme Court heard arguments Monday about whether the Environmental Protection Agency should be limited in its authority to curb greenhouse gas emissions from U.S. power plants, with a decision to be made public this summer that will likely impact
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