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Sandfire to Acquire MATSA Copper Mining Complex for $1.86 Billion, Spain
September 27, 2021
Sandfire Resources has signed an agreement with Trafigura and Mubadala Investment company to acquire Minas De Aguas Teñidas (MATSA) for $1.86 billion. Located in the Iberian Pyrite Belt of Spain, the MATSA mining complex consists of three underground copper mining
Peabody and UMWA Reach Consensual Agreement on New Labor Contract at Shoal Creek Mine
September 27, 2021
Peabody ratified a new collective bargaining agreement by the union representing the company’s hourly workers at its Shoal Creek mine. “Peabody is pleased to have reached an agreement with our Shoal Creek mine employees that we believe is beneficial for
Chris Hamilton Releases Statement on PSC’s Decision to Extend Lifespan of Three Coal Plants, W.Va.
September 27, 2021
Chris Hamilton, president and chief executive officer of the West Virginia Coal Association issued the following statement regarding the mining industry’s position on the West Virginia Public Service Commission’s hearing today to extend the lifespan of three American Electric Power
Denison to Advance Wheeler River JV to Feasibility Study Stage for Phoenix Uranium Deposit, Canada
September 24, 2021
Denison Mines said the Wheeler River Joint Venture (WRJV) has approved the initiation of an independent feasibility study (FS) for the In-Situ Recovery (ISR) mining operation proposed for the Phoenix uranium deposit. The company has selected leading global consulting and
Ridgeline Minerals Executes $20 Million Exploration Earn-In Agreement at Swift Gold Project, Nevada
September 24, 2021
Ridgeline Minerals has entered into a transaction with Nevada Gold Mines (NGM), a joint venture between Barrick Gold and Newmont, in which NGM can acquire an interest in Ridgeline’s Swift gold project. NGM can incur a minimum of $20 million
U.S. Coal Demand is Rising, but Supplies Remain Tight
September 24, 2021
Coal demand and prices are booming as natural gas prices soar, but U.S. mining companies have not ramped up production to meet the new market conditions. Since climbing from a sharp drop in the early weeks of the COVID-19 pandemic,
NASA Grants UArizona $500,000 to Research Mining Lunar Resources
September 24, 2021
The idea of space mining is growing popular. Engineers at the University of Arizona are mapping out a plan to harvest the moon’s resources. They’ll do so with a new excavation technique using autonomous robot swarms to mine lunar resources.
Alabama Community Marks 20th Anniversary for Brookwood Mine Explosion
September 24, 2021
An Alabama community marked the 20th anniversary Thursday of an underground explosion that killed more than a dozen coal miners in one of the state’s worst mining disasters in generations. The Alabama Miner’s Memorial Foundation planned a memorial service at
AEP Seeking Coal Supply Bids for Power Plants
September 23, 2021
American Electric Power is seeking bids to purchase multi-year supply for several of its coal-fired power plants. The Ohio-based company which owns several utilities issued a request for proposal for coal supply in four coal-producing regions. These include Central Appalachian
Puma Exploration Secures $1.6 Million to Advance Williams Brook Gold Project, Canada
September 23, 2021
Puma Exploration has secured a non-brokered private placement of $1,600,000. The company plans to issue up to 5,000,000 units at a price of $0.32 per unit for gross proceeds of up to $1,600,000. Crescat Portfolio Management has agreed to be
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