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First Briefs Filed in DC Circuit Court Case Against Clean Power Plan
February 24, 2016
Petitioners submitted initial briefs to the D.C. Circuit Court of Appeals on Friday at the first deadline in a court-ordered expedited schedule for the massive legal challenge to the Environmental Protection Agency’s Clean Power Plan. An immense group of 156
Colorado Officials Take Key Step in Gold King Mine Cleanup
February 24, 2016
Officials in a Colorado town and county voted Monday to seek a Superfund designation to clean up dozens of old mines, including one that was the source of a massive spill in August that tainted rivers in three states. The
Anova Metals Raises $1.35M for Permitting and Mine Design of Big Springs Gold Project, Nevada
February 24, 2016
Anova Metals has raised $1,350,000 at $0.045 each from investors for development of its Big Springs gold project in Nevada, USA. Funds raised will be put towards permitting and mine design finalization of Big Springs. The company is looking to
Nevada Energy Metals Acquires Teels Marsh West Lithium Project, Nevada
February 23, 2016
Nevada Energy Metals Inc. has acquired, by staking, 100 placer claims covering 200 acres (80.9 hectares) at Teels Marsh, Nevada. The property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of
Pilot Gold Secures $4.45M to Advance Goldstrike Project in Utah and Kinsley Project in Nevada
February 23, 2016
Pilot Gold intends to complete a non-brokered private placement of up to 17,800,000 units of the company at a price of C$0.25 per unit, for gross proceeds of up to C$4.45 million. Proceeds from the private placement will be used
Midas Gold Raises C$55.2 Million to Advance Its Stibnite Gold Project, Idaho
February 23, 2016
Midas Gold Corp. has entered into a letter of intent with Paulson & Co. Inc., on behalf of the several investment funds and accounts managed by it, pursuant to which Midas Gold will conduct an offering of Canadian dollar denominated
Atlantic Gold Secures $115 Million to Develop Its Moose River Consolidated Project, Nova Scotia
February 23, 2016
Atlantic Gold Corporation has received and executed a credit approved commitment letter for a $115 million project loan facility (PLF) to be arranged and fully underwritten by Macquarie Bank Limited and Caterpillar Financial Services Corporation, to fund the majority of
Altura Mining Signs Off Take Sale Agreement for Lithium from Pilgangoora Project, Western Australia
February 23, 2016
Altura Mining has continued the growth spurt in lithium companies as end users look to lock in future production as China based group Lionergy signed an agreement for future offtake of lithium spodumene concentrate produced from Altura’s high grade Pilgangoora
Cat Financial Commits $20M to Fund Mining Fleet for Atlantic Gold’s MRC Project, Nova Scotia
February 23, 2016
Atlantic Gold Corporation has executed a commitment letter and supporting term sheet with Caterpillar Financial Services Corporation, pursuant to which Cat Financial has agreed to underwrite up to $20 million in mining fleet equipment financing to fund the company’s acquisition
Dominion Diamond Releases PFS for Its Sable Kimberlite Pipe Deposit, Canada
February 23, 2016
Dominion Diamond Corporation has released positive results of a pre-feasibility study of the Sable kimberlite pipe deposit located within the Core Zone Joint Venture property in Canada’s Northwest Territories, in which the company holds an 88.9 percent interest. The pre-feasibility
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