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Centerra Gold Appoints Paul Tomory as President and CEO
May 5, 2023
Centerra Gold has appointed Paul Tomory as president and chief executive officer, effective May 1, 2023. “We are delighted to have Paul lead Centerra at this important stage of the company’s journey. His leadership experience and record of strategically building
Ximen Receives Final Mines Act Permit for Kenville Gold Mine, Canada
May 4, 2023
Ximen Mining said it has received the final mines act permit for its Kenville Gold Mine project in southeastern BC. “The Kenville Gold Mine, which began operations in 1888, was one of the first underground gold mines in British Columbia.
Ramaco Carbon Partnering with ORNL on New Processes to Make Graphite from Coal
May 4, 2023
Ramaco Carbon is partnering with Oak Ridge National Laboratory to develop new, large-scale processes for making graphite from coal. The efforts on graphite are part of a larger research partnership between Ramaco and the Oak Ridge National Laboratory over the
Sayona Mining and Piedmont Lithium Successfully Restart North American Lithium Mine, Canada
May 4, 2023
North American lithium producer Sayona Mining Limited and Piedmont Lithium have successfully restarted commercial spodumene concentrate production at the jointly-owned North American Lithium (NAL) project in Quebec. The US$80 million restart of NAL was completed on time and on budget
BLM Approves Construction of 3GW TransWest Express Transmission Project
May 4, 2023
The Bureau of Land Management, U.S. Department of the Interior, has issued its notice to proceed (NTP) for the TransWest Express Transmission Project — providing TransWest Express with the final federal authorization needed to start construction on this critical energy
DOE Invests $16 Million to Build America’s First-of-a-Kind Critical Minerals Production Facility
May 4, 2023
The U.S. Department of Energy (DOE) has allocated $16 million from the Bipartisan Infrastructure Law to bring critical mineral supply chains to America and reduce reliance on competitors like China. The funding will support projects in West Virginia and North
Pan American Silver Closes $4.8 Billion Acquisition of Yamana Gold
May 4, 2023
Pan American Silver has completed its acquisition of all the issued and outstanding common shares of Yamana Gold for a total of up to $4.8 billion. The announcement follows the sale of Yamana’s Canadian assets, including certain subsidiaries and partnerships
NexGen Energy to Secure $1 Billion Project Financing to Advance Rook I Uranium Project, Canada
May 3, 2023
NexGen Energy has secured non-binding expressions of interest for a total of more than $1 billion in project financing for the development of the Rook I Project in Saskatchewan, Canada. The Canadian clean fuel energy company has received significant initial
CGC to Invest $77 Million to Reopen State-of-the-Art Gypsum Quarry in Nova Scotia, Canada
May 3, 2023
CGC Inc., the Canadian division of USG Corporation, released plans to revitalize and relaunch a state-of-the-art gypsum quarry in Little Narrows, Nova Scotia. This $76,342,431 million (CAD$104 million) investment will reinforce CGC’s supply of raw gypsum material — the largest
State Set to Allocate $25 Million to Port of Alabama for Coal Operations Upgrades
May 3, 2023
The Port of Alabama is set to receive funding from the state to transform its coal operations. Last week, Gov. Kay Ivey revealed her proposal for distributing $2.8 billion in surplus educational funding. Included in that proposal was $25 million
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