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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
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
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
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
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
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
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
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
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
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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