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Allegiance Coal Raises A$10-million to Develop New Elk Mine, Colorado
March 9, 2021
Allegiance Coal has raised A$10-million through a share placement to sophisticated and professional investors, fully funding its New Elk coal mine, in Colorado, through to development. The latest placement was an extension of the A$15-million capital raise completed in February
Rich Nolan: Build it Back with Appalachian Coal
March 9, 2021
Tens of millions of Americans are now vaccinated, and millions more will be very soon. The U.S. appears to be turning the corner on the pandemic, and as we shift from just trying to hold the economy together to rebuilding
Canada-based DeepGreen Metals to Merge with SOAC in $2.9 Billion Deal
March 9, 2021
DeepGreen Metals has agreed to merge with Sustainable Opportunities Acquisition (SOAC) in a deal that values the combined company at $2.9 billion. Based in Canada, DeepGreen Metals develops battery metals from seafloor polymetallic nodules. Post-merger, the combined entity will be
Alabama Mining Academy Expands to Offer Longwall Mining
March 9, 2021
In Walker County, Alabama, work is under way on the longwall expansion project of the Alabama Mining Academy at Bevill State Community College (BSCC). The existing mining building already has a working section that simulates coal extraction at the school’s
DOE Invests $24 Million to Advance Transformational Air Pollution Capture
March 9, 2021
The U.S. Department of Energy (DOE) announced up to $24 million for research into technology that captures carbon emissions directly from the air, replicating the way plants and trees absorb carbon dioxide (CO2). This technology, known as direct air capture,
American Lithium Receives $4.5 Million DOE Grant for Lithium Processing Pilot Plant, Nevada
March 8, 2021
American Lithium was selected by the U.S. Department of Energy Advanced Manufacturing Office (DOE), with co-recipient American Battery Technology Company (ABTC) and another industry partner, to receive grant funding totalling 50 percent of the capital cost for a $4.5 million
Brixton Metals and HPX Sign $44.5M JV Agreement on Hog Heaven Copper-Silver-Gold Project, Montana
March 8, 2021
Brixton Metals has signed a $44.5 million definitive earn-in agreement with a wholly-owned Montana subsidiary of High Power Exploration (HPX). The Hog Heaven Project is a high sulphidation epithermal silver-gold-copper-lead-zinc deposit with historical production located in the state of Montana.
ioneer to Raise $47 Million to Boost Development of Rhyolite Ridge Lithium Boron Project, Nevada
March 8, 2021
ioneer has unveiled plans to raise $46.8 million funds to boost the development of its Rhyolite Ridge lithium-boron project in Nevada. The company will carry out a fully underwritten institutional placement to professional and institutional investors to raise the funding.
Anfield Engages BRS Engineering to Advance Newsboy Gold Project, Arizona
March 8, 2021
Anfield Energy has engaged BRS Engineering (BRS) to facilitate the advancement of the company’s recently-acquired Newsboy Gold and Silver Project, located in Maricopa County, Arizona. BRS will review the large number of drill holes, drill-ready targets and metallurgical data acquired
State Republicans Introduce Bill to Protect Wyoming’s Coal Industry
March 5, 2021
Wyoming lawmakers introduced legislation this week that would allocate funding to protect the state’s coal industry and reliability of its electrical grid against discriminatory interstate policies. House Bill 207 would provide $1.2 million to the Office of the Governor to
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