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Element79 Gold to Acquire Plutus Gold, Snowbird High-Grade Gold Project

August 27, 2021

Element79 Gold has signed a binding letter of intent to acquire 100 percent of the issued and outstanding shares in Plutus Gold Corp., which holds the option to acquire the Snowbird High-Grade Gold Project. The Snowbird High-Grade Gold Project consists

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American Resources Finalizes Site Selection for Rare Earth Element Purification, Isolation Facility

August 26, 2021

American Resources Corporation has finalized its site selection to build its first commercial scale rare earth element purification and isolation facility in the United States. The secured site provides 6.9 acres of developable land with the goal of scaling into

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American Resources Selected by DOE to Assess Critical and Rare Earth Elements in Coal Resource Feeds

August 26, 2021

American Resources Corporation has been named to a U.S. Department of Energy (DOE) Federal Demonstration Partnership award for the sorting for critical mineral-rich coal resource feedstock in a support role. Under the agreement, American Resources will provide support to the

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Perfect Storm Leads to Coal Rebound

August 26, 2021

The president of the West Virginia Coal Association says a “perfect storm” has led to increased use of coal. While countries have been shifting away from coal for years, use in the United States, Europe, and China has grown recently

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Wajax and Hitachi Expand Direct Distribution Strategy

August 26, 2021

Wajax Corporation and Hitachi Construction Machinery Loaders America said, effective March 1, 2022, the companies plan to expand their current Canadian direct distribution relationship to include construction excavators, mining equipment, and related aftermarket parts. Since 2001, these products have been

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NMA: Americans Concerned About Grid Reliability, Urge Caution in the Transition

August 26, 2021

Seventy-two percent of Americans are concerned that the speed of the transition to variable sources of power is coming at the cost of grid reliability, according to new polling conducted by Morning Consult for the National Mining Association (NMA). The

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Virginia Regulators Reject Plan to Extend Life of John Amos and Mountaineer Power Plants, W.Va.

August 26, 2021

The Virginia Corporation Commission on Monday rejected Appalachian Power’s plan to keep the John Amos and Mountaineer power plants in West Virginia operating through 2040. The commission denied the company permission to make wastewater treatment upgrades at the plants and

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First Cobalt Secures $44.5M Financing for Construction of North American Battery Materials Refinery

August 25, 2021

First Cobalt has arranged a combined secured convertible debt and brokered equity financing package with an aggregate value of approximately US$45 million to finance the construction of its wholly-owned hydrometallurgical refinery located in Ontario, Canada. An offering of US$37.5 million

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BHP Approves $5.1 Billion Investment in Jansen Stage 1 Potash Project, Canada

August 25, 2021

Anglo-Australian mining company BHP has approved an investment of $5.1 billion for the Jansen Stage 1 potash project in Canada. The underground potash development project is located in Saskatchewan, within the Prairie Evaporite formation at depths of 900-1,000m. Construction on

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VTT, Nokia, and Sandvik Partner for 5G Powered Mining Technology Project

August 25, 2021

Finland-based VTT has teamed up with Nokia and Sandvik to conduct a 5G-powered research project on advanced mining technology, dubbed Next Generation Mining (NGMining). Advanced mining technology includes autonomous connected machinery, digital automation, and advanced analytics for real-time situational awareness

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