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Cleveland-Cliffs Commissions New $150 Million Stainless Bright Anneal Line at Coshocton Works, Ohio
June 20, 2025
Cleveland-Cliffs has commissioned its new state-of-the-art vertical stainless bright anneal line at its Coshocton Works facility in Coshocton, Ohio. This $150 million capital investment has been completed and will supply premium stainless steel for high-end automotive and critical appliance applications.
Inflection Resources to Acquire Portfolio of Australian Copper-Gold Projects from Newmont
June 20, 2025
Inflection Resources has entered into definitive agreement to acquire an 100 percent interest in a portfolio of Australian copper-gold exploration projects in New South Wales and the Northern Territory from subsidiaries of Newmont Corporation. “We are pleased to announce the
Mali Takes Control of Barrick’s Loulo-Gounkoto Complex, West Africa
June 20, 2025
Barrick Mining said the International Centre for Settlement of Investment Disputes (ICSID) arbitration process — initiated under the binding mining conventions between Barrick subsidiaries and the state of Mali — is fully underway. The arbitration tribunal has been constituted, and
Teck Resources Receives Approval for Highland Valley Copper Mine Life Extension, Canada
June 19, 2025
Teck Resources said the B.C. Government has issued an environmental assessment certificate for the proposed Highland Valley Copper Mine life extension project (HVC MLE). “This positive decision by the Government of B.C. will support extending the life of Canada’s largest
NexGold Receives Notice of Completion for Its Goldboro Gold Project, Canada
June 19, 2025
NexGold Mining said the Government of Nova Scotia has deemed the company’s application for an industrial approval of a surface gold mine to be complete for the company’s 100 percent owned Goldboro Gold Project, located in eastern Nova Scotia. The
Equinox Gold’s Greenstone Mine Stumbles Out of the Gate, Canada
June 19, 2025
A slower than expected ramp-up in production at the Greenstone Mine has caused Equinox Gold to slash its annual production target for its new flagship northwestern Ontario operation. After entering commercial production last November, Equinox said last week that production
Ormat Completes $88 Million Acquisition of Blue Mountain Geothermal Power Plant, Nevada
June 19, 2025
Ormat Technologies has closed its acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100 percent of the equity interest in the 20MW power plant. “The acquisition of the Blue
Rio Tinto Reaches $138.75 Million Settlement Over Mongolian Mine
June 19, 2025
Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia. A
USFS Releases FEIS for Resolution Copper Mine, Clears Land Dispute, Arizona
June 18, 2025
Resolution Copper has received republication of the final environmental impact statement (FEIS) by the U.S. Forest Service (USFS) — a positive step forward for the project. This republication allows the USFS to advance the congressionally mandated land exchange, enabling future
Alliance Resource Partners Celebrates Opening of Its Henderson County Coal Mine, Kentucky
June 18, 2025
Employees and the community of Henderson got their first look at a brand new underground mine that opened Tuesday. Alliance Coal opened the doors of the Henderson County Mine on Sulphur Springs Road in Corydon. Construction on the multi-million-dollar operation
