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Bipartisan ACCESS 45Q Bill Enhances 45Q Tax Credit for Carbon Capture Utilization and Storage
December 9, 2020
U.S. Representatives Marc Veasey (TX-33) and David B. McKinley, P.E., (W.Va.-1) introduced the Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act. This bipartisan legislation extends the date for projects to begin construction to claim the 45Q
Coal Industry Rebranding Itself as More Stable and Reliable than Renewables
December 9, 2020
Two large coal companies have started a new lobbying push as Indiana legislators are poised to again consider steps that could bolster the industry facing a shift toward renewable energy sources. The companies launched a trade association named Reliable Power,
Relaxed Mining Regulations Take Effect in Horry County, North Carolina
December 9, 2020
Horry County Council voted to pass changes to its mining regulations during its third and final reading Tuesday evening. The current code prohibits mining activity to certain zones regulated by the county, which was the subject of a lawsuit back
Northern Vertex Mining and Eclipse Gold Mining to Merge, Create New Western U.S. Gold Producer
December 8, 2020
Northern Vertex Mining and Eclipse Gold Mining have entered into a definitive arrangement agreement to combine in an at-market merger, creating a new gold growth resource business focused on the Western United States. Northern Vertex will be the resulting company
Dominion Diamond Mines Reaches Agreement to Sell Ekati Mine, Canada
December 8, 2020
Dominion Diamond Mines have settled an asset purchase agreement with DDJ Capital Management and Brigade Capital Management, both investment managers to holders of the company’s second lien notes. Under the agreement, an entity to be controlled by the purchaser would
Argonaut Gold Approves Construction of Its Magino Gold Mine in Ontario, Canada
December 8, 2020
Argonaut Gold has approved the construction of the company’s 100 percent owned Magino gold project in Ontario, Canada. Argonaut has received a fixed bid pricing proposal for a significant portion of the initial capital requirement for the Magino project and
Lithium Americas Releases Final Environmental Impact Statement for Thacker Pass Project, Nevada
December 8, 2020
Lithium Americas Corp. has released the final environmental impact statement (EIS) for the Thacker Pass lithium project by the United States Bureau of Land Management. Thacker Pass, located north of Winnemucca, Nevada, is 100 percent owned by Lithium Nevada Corp.,
White Stallion Energy and Lighthouse Resources File for Chapter 11 Bankruptcy
December 8, 2020
Two more U.S. coal mining companies have filed for bankruptcy as producers across the country struggle to sell coal into the troubled thermal coal market. White Stallion Energy and Lighthouse Resources filed voluntary petitions for Chapter 11 bankruptcy in the
U.S. Gold Corp. Advances CK Gold Project, Wyoming
December 8, 2020
U.S. Gold Corp. released an exploration update for the CK Gold Project (formerly Copper King), located 25 miles west of Cheyenne, Wyoming. Prefeasibility Study The CK Gold Project Prefeasibility Study (PFS) is now well underway with permits in place to
University of Arizona to Create Interdisciplinary School of Mining and Mineral Resources
December 8, 2020
The Lundin Family announced their support for an ambitious new expansion program at the school of mining and mineral resources at the University of Arizona. The Lundin Family has made a $2 million commitment and will provide up to an
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