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U.S. Forest Service Moves Up Deadline for Resolution Copper Mine, Arizona
December 16, 2020
The U.S. Forest Service has moved up the deadline to complete its review of the Resolution Copper mine east of Phoenix to the end of the year, accelerating the project before President Donald Trump leaves office. The Tonto National Forest,
EPA Finalizes New Clean Air Act Rules
December 16, 2020
The US Environmental Protection Agency (EPA) is changing how it evaluates the effectiveness of new clean air rules, a move critics say will hamper future efforts to reduce air pollution and greenhouse gas emissions. “The agency finalized new rules around
Cameco Temporarily Suspends Production at Cigar Lake Uranium Mine Amid Pandemic
December 16, 2020
Saskatoon-based uranium producer Cameco Corp. temporarily suspended production at Cigar Lake uranium mine in northern Saskatchewan on Monday amid a “significant negative trend in the pandemic” affecting the province. “The safety of our workers, their families and communities is our
Chesapeake Gold to Acquire Alderley Gold Creating a Platform for Future Growth and Mining Innovation
December 15, 2020
Chesapeake Gold has entered into a definitive agreement to acquire Alderley Gold, a private British Columbia mining technology company. With the acquisition of Alderley, Chesapeake gains access to a proven and innovative precious metals processing technology together with certain asset
Capstone Enters $150M Streaming Agreement with Wheaton Precious Metals at Cozamin Mine, Mexico
December 15, 2020
Capstone Mining, through a wholly-owned subsidiary, has entered into a definitive precious metals purchase agreement with Wheaton Precious Metals International. Wheaton will pay an upfront cash consideration of $150 million upon closing for 50 percent of the silver production until
Dominion Diamond Mines Granted Court Approval for Sale of Ekati Mine, Canada
December 15, 2020
Dominion Diamond Mines has received approval from the Alberta Court of Queen’s Bench of the asset purchase agreement among Dominion and its affiliates as sellers and DDJ Capital Management and Brigade Capital Management. Under the agreement, an entity to be
Western Copper and Gold Initiates a Preliminary Economic Assessment for Casino Project, Canada
December 15, 2020
Western Copper and Gold Corporation has initiated a preliminary economic assessment for the Casino Deposit, located in Yukon, Canada. The company has engaged the services of M3 Engineering & Technology Corporation of Tucson, Arizona to conduct the PEA on Casino.
Gold Bull Resources Closes Acquisition of Newmont’s Sandman Project for $4 Million, Nevada
December 15, 2020
Gold Bull Resources Corp. has completed the Sandman Project purchase from Newmont. The Sandman Project is located in Nevada and has been purchased for $4 million. Sandman Project is a highly prospective exploration asset that is located on a renowned
Ascot Resources Secures $105 Million to Advance Premier Gold Project, Canada
December 14, 2020
Ascot Resources, a Canadian exploration and development firm, has secured $105 million construction finance package for the Premier Gold project in northern British Columbia, Canada. The financing was obtained from Sprott Private Resource Lending II and Beedie Investments for the
Iron Senergy Acquires Contura’s Cumberland Mine and Related Assets in Greene County, Pa.
December 14, 2020
Contura Energy has closed on its transaction with Iron Senergy Holding for the divestment of the Cumberland Mine and related assets in Greene County, Pennsylvania. The subsidiaries that hold the Cumberland and Emerald mines and the associated coal reserves, mining
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