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Asia Broadband to Acquire Bonanza Gold Mine Project for $6 Million, Mexico
December 3, 2021
Asia Broadband Inc. has signed a definitive purchase agreement to acquire a 100 percent interest in the Bonanza Gold Mine Project. The company came to terms with Martin Augusto Vallejo Lujambio for the 19.25 hectare concession. Bonanza, is located approximately
Osisko Mining Enters $154M Convertible Placement with Northern Star Resources for Windfall Project
December 3, 2021
Osisko Mining has signed an agreement for a private placement of $154 million in a convertible senior unsecured debenture due December 1, 2025 with Northern Star Resources Limited. In addition, Osisko and Northern Star have agreed to negotiate, on an
GOP Lawmakers Hammer Biden Over Increased Coal Costs, Historic Shortage
December 2, 2021
Congressional Republicans are blaming the Biden administration for increased coal prices — and even shortages not seen in decades — as temperatures cool and Americans turn on their heaters. “The Biden Administration’s disastrous economic agenda has targeted our fossil fuel
Decommissioned Escalante Coal Power Plant to Be Redeveloped Into Hydrogen Plant, New Mexico
December 2, 2021
A decommissioned powered energy plant is set for re-development and the new source of fuel is none other than fuel. The Escalante coal power plant was operating for over 30 years before it was decommissioned in 2020 and at the
DOE to Fund Decarbonization,Environmental Remediation Projects Through University Training, Research
December 2, 2021
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced its intent to fund projects through its University Training and Research Program, which is composed of the University Coal Research (UCR) program and the Historically
Adani Remains on Track to Ship Its First Coal from Carmichael Mine this Month, Australia
December 2, 2021
Indian developer Adani remains on track to ship its first coal this month from its 10mn t/yr Carmichael thermal coal mine in the Galilee basin in central Queensland, despite protestors targeting train and port infrastructure. Activists have this week attached
China Credits Increased Coal Production for Recent Economic Boost
December 2, 2021
The Chinese government credited recent energy “policy measures,” including increased coal production, for the increased manufacturing activity boosting its economy. “In November, power shortages eased and prices of some raw materials dropped significantly,” said Zhao Qinghe, a senior statistician at
Taseko Receives Initial Draft Of Underground Injection Control Permit for Florence Copper Project
December 1, 2021
Taseko Mines Limited said the U.S. Environmental Protection Agency has provided the company with an initial draft of the Underground Injection Control (UIC) Permit for its Florence Copper Project in Arizona. Taseko’s project technical team will complete a review of
Barrick and NOVAGOLD Agree on Next Steps Toward Advancement of Donlin Gold, Alaska
December 1, 2021
Donlin Gold, owned 50/50 by Barrick Gold Corporation and NOVAGOLD RESOURCES, released progress made during the executive management workshop and site visit in early September between senior representatives from Barrick and NOVAGOLD, as well as the Donlin Gold management team.
Blue Arc Files Exploration Permit at Former Zortman Mine, Montana
December 1, 2021
A new exploration project is being proposed at the site of the former Zortman mine. The proposed project by Blue Arc LLC is not a full-scale mine and the operator would have to apply for a separate permit and undergo
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