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Bill Would Halt Federal Review of Mine Plans in Rainy River Watershed, Superior National Forest
July 20, 2020
U.S. Rep. Betty McCollum, D-St. Paul, who chairs the Interior, Environment and Related Agencies subcommittee, announced last week that language in the almost $37 billion bill would prohibit federal agencies from reviewing mine plans within the Rainy River Watershed and
After Decades, a Decision Nears on Pebble Mine in Alaska
July 17, 2020
The proposed Pebble mine near Bristol Bay is nearing a landmark decision that could set the stage for the project’s approval, decades after developers first started considering the project. The U.S. Army Corps of Engineers said a final environmental impact
MP Materials Signs $1.5 Billion Merger Deal with Fortress Value Acquisition
July 17, 2020
US-based rare earth miner MP Materials has signed a merger agreement with Fortress Value Acquisition, a special purpose acquisition company sponsored by an affiliate of Fortress Investment Group, to create a combined entity valued at $1.5 billion. The combined company,
NETL: Road to New High-tech Markets Paved with Coal
July 17, 2020
Researchers at the University of Illinois at Urbana-Champaign (UIUC) are using advanced coal-based nanomaterials created by NETL to fabricate a paradigm-shifting computer memory device with improved energy consumption, processing speeds, durability and reduced manufacturing costs. The partnership is opening new
As U.S. Seeks Production, Sole U.S. Rare Earth Miner Goes Public
July 17, 2020
The sole miner of rare earths in the U.S. is becoming a public company amid elevated trade tensions with China, the dominant global supplier of the material used in everything from computers to cars. MP Materials, which runs a mine
Nevada Senate Passes Bill to Take Mining Tax, Governmental Services Tax
July 17, 2020
Late Wednesday, the Nevada Senate passed the bill that will pump money into the General Fund by pre-paying the Net Proceeds of Mines tax, taking a huge chunk of the Governmental Services Tax and granting an amnesty if delinquent taxpayers
Biden Campaign Adopts Carbon-free Power by 2035 in $2 Trillion Plan
July 17, 2020
Former Vice President Joe Biden will aim to make electricity generation carbon free by 2035 as part of a $2 trillion climate and infrastructure plan should he win the White House in November. The plan, unveiled Tuesday, comes as an
Elim Mining Completes $19.1 Million Financing, Finalizes Acquisition of Cactus Mine, Arizona
July 16, 2020
Elim Mining Incorporated has completed a three part financing package with the Tembo Capital group and Resource Capital Funds (RCF) for aggregate proceeds of US$19.1 million. The company is currently focused on the acquisition, exploration, and development of copper projects
Minera Alamos Releases Construction Update for Santana Gold Project, Mexico
July 16, 2020
Minera Alamos released a mid-year construction update detailing progress at the Santana gold project, Sonora, Mexico. • The heap leach pad area has been cleared of all vegetation and is undergoing contouring ahead of clay placement and the pad liner
Bond Resources Receives Mining Permit and Reclamation Plan Approval for Mary K Mine, Idaho
July 16, 2020
Bond Resources’ mining permit has been approved by the Idaho Environmental Department, clearing the way for underground mining operations and exploration drilling to proceed at the company’s Mary K Mine. In addition, the Resource Protection & Assistance Bureau of Idaho
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