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Newmont Confirms Proposal to Combine with Newcrest
February 22, 2023
Newmont Corporation confirmed it has submitted a non-binding proposal to acquire 100 percent of the issued share capital of Newcrest Mining Limited. The proposed transaction would combine two of the sector’s top senior gold producers, and set the standard for
CONSOL Energy Promotes Mitesh Thakkar to President
February 22, 2023
CONSOL Energy has promoted Mitesh B. Thakkar to the position of president in addition to his current role as chief financial officer. This promotion is being made as part of the company’s long-term succession planning process. “Today’s announcement reflects the
Redwood’s Battery Materials Campus Secures $2 Billion Loan Commitment from DOE, South Carolina
February 22, 2023
Redwood Materials has secured a conditional loan commitment for $2 billion from the U.S. Department of Energy (DOE) to support the construction of its $3.5 billion battery materials campus in Charleston, South Carolina. The loan commitment has been made by
Strata Worldwide Celebrates 30 Years in Business
February 22, 2023
Strata Worldwide is celebrating 30 years in business. Founded in 1992, the company has spent decades developing and supplying products and technologies that are designed and built for the rugged, highly mobile working environments found in mining, tunneling, and maritime
Anson Resources Secures Water Rights for Paradox Lithium Project, Utah
February 22, 2023
Anson Resources announced that the Wayne County Water Conservancy Board, State of Utah, has approved its water rights sub-lease agreement with Green River Companies. The agreement was signed in October 2022 to procure water required for the operation of its
EPA Releases Initial Program Design of Greenhouse Gas Reduction Fund
February 22, 2023
The U.S. Environmental Protection Agency (EPA) released initial guidance on the design of the Greenhouse Gas Reduction Fund (GGRF) program, created by the Inflation Reduction Act. EPA published two Federal assistance listings outlining key parameters of the grant competitions that
Appia Rare Earths & Uranium Appoints Stephen Burega as President
February 22, 2023
Appia Rare Earths & Uranium Corp. has appointed Stephen Burega as president of the company effective immediately. Stephen will be working alongside CEO, Tom Drivas as Appia moves forward with its continuing development of core rare earths and uranium assets
Teck Resources Evaluating Options for Coal Business, Possible Spinoff
February 21, 2023
Teck Resources Ltd. said it is evaluating options for its steelmaking coal business, including a possible spinoff, confirming an earlier report. The company said no decision has been reached to proceed and there can be no assurances the transaction will
Newcrest Mining Turns Down Newmont’s $17 Billion Takeover Bid
February 21, 2023
Newcrest Mining said that its board has determined unanimously to reject the recent $16.9 billion takeover offer from rival gold miner Newmont on the basis that it does not represent enough value for the company’s shareholders. Earlier this month, Newmont
DOE Invests $6 Million to Develop Useful Products from Coal and Coal Wastes
February 21, 2023
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has allocated $6 million in funding for six university-led research and development projects that will repurpose domestic coal resources for high-value graphitic products and carbon-metal composites
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