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EnCore to Acquire Energy Fuels’ Alta Mesa ISR Project for $120 Million, Texas
December 14, 2022
Uranium developer enCore Energy has agreed to acquire the Alta Mesa in-situ recovery (ISR) uranium project in Texas from uranium and rare earth elements (REE) producer Energy Fuels for $120 million. The total consideration will be paid by enCore Energy
Concurrent Technologies Receives $1.9M Grant to Extract REE from Coal Byproducts, Pa.
December 14, 2022
Concurrent Technologies Corporation (CTC) has received funding from a Pennsylvania state grant for the development of key technologies. The $1.9 million Department of Community and Economic Development grant will provide funding to support three technical areas. Through the grant, CTC
MGX Minerals Receives Design and Build Proposal for Processing Pilot Plant at Gibraltar Project
December 14, 2022
MGX Minerals revealed that it has received a formal proposal for the design, engineering, procurement, construction, and commissioning of a 15-tons-per-day (TPD) silicon metal pilot processing plant at its Gibraltar Silicon project in British Columbia. The current price of silicon
Wolfden Resources Gains Support from Locals for Its Pickett Mountain Mine, Maine
December 14, 2022
Two communities near a proposed mining operation have declared their support for the project. The towns of Stacyville and Hersey voted in support of Wolfden Resources, a Canadian mining company that wants to develop a precious metals mine on Pickett
Rock Tech Releases Pre-feasibility Study for Georgia Lake Project, Canada
December 14, 2022
Canadian lithium development company Rock Tech Lithium has unveiled a pre-feasibility study (PFS) for its fully-owned Georgia Lake spodumene project in Canada. The PFS results indicate a life of mine (LOM) of nine years and recommend open pit and underground
Sayona Mining Receives Final Permit Approval to Restart North American Lithium Operation, Canada
December 13, 2022
Emerging lithium producer Sayona Mining Limited has effectively de‐risked its North American Lithium (NAL) operation in Québec, Canada, with the award of the final permit for NAL’s restart ahead of the planned recommencement of production in the first quarter of
Golden Tag Resources to Acquire First Majestic Silver’s La Parrilla Silver Mine Complex for $33.5M
December 13, 2022
Golden Tag Resources Ltd. has entered into a definitive asset purchase agreement with First Majestic Silver to acquire a 100 percent interest in the La Parrilla Silver Mine Complex in the locality of San Jose de la Parrilla, Durango, Mexico.
Rio Tinto Acquisition of Turquoise Hill Receives Shareholder Support
December 13, 2022
Rio Tinto has received the required support from Turquoise Hill Resources (TRQ) shareholders for its proposed acquisition of the approximately 49 percent of the issued and outstanding shares of Turquoise Hill that it does not currently own. Given the transaction
Biden Admin Moves to Fund Foreign Mining Projects After Blocking Domestic Mines
December 13, 2022
The Biden administration may fund 12 critical mineral mining projects in foreign countries to advance its climate agenda despite continuously impeding domestic mining ventures, Axios reported Monday. Under Secretary of State for Economic Growth Energy and the Environment Jose Fernandez
St Barbara and Genesis Minerals to Merge in $367 Million Deal
December 13, 2022
St Barbara has agreed to acquire rival Australian miner Genesis Minerals for A$541.3 million ($367.1 million) to create Hoover House, which will exclusively focus on the Leonora District in Western Australia. The acquisition will be executed through a scheme of
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