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W.Va. Governor Justice Family-owned Coal Firm Reaches Debt Settlement
June 29, 2022
A coal firm controlled by West Virginia Gov. Jim Justice’s family has reached a nine-digit settlement agreement with a Swiss bank. Bluestone Resources Inc. has agreed to pay up to $320 million to lenders, The Gazette Mail reported. Credit Suisse
Skeena Resources to Acquire QuestEx Gold & Copper for $38 Million
June 27, 2022
Canadian mining explorer Skeena Resources has agreed to acquire the mineral exploration company QuestEx Gold & Copper in a share and cash deal worth around C$48.6 million ($38 million). Under the terms of the agreement, QuestEx shareholders will receive a
Electra Evaluates Development of Second Battery Materials Refinery in Bécancour, Quebec
June 27, 2022
As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials Corporation has begun preliminary discussions with the Government of Quebec to build a new cobalt refinery in Bécancour,
MSHA Launches $1 Million Funding Opp for Brookwood-Sago Grants
June 27, 2022
The U.S. Department of Labor has launched a funding availability of up to $1 million in grants through its Brookwood-Sago grant program to support education and training to help the mining community identify, avoid, and prevent unsafe and unhealthy working
IEA Publishes Its World Energy Investment Report, Coal Investments Set to Rise 10%
June 27, 2022
Global energy investment is on course to jump by more than 8 percent in 2022 and hit $2.4 trillion, with a notable uptick for coal supply chains, but far more money will be required if climate-related goals are to be
Mike Cope: Recent Blackouts Offer Warning for Ohio Power Grid
June 27, 2022
Ohio just had a brush with rolling blackouts when a quarter of million people lost power due to storm damage. Losing so much electricity at one time is always troubling. However, it’s also an unfortunate preview of a similar disaster
Dräger and Focus FS Enter Strategic Partnership with Ontario Mine Rescue
June 27, 2022
Dräger Canada and Focus FS entered into a strategic, multi-year partnership with Ontario Mine Rescue (OMR) in mine rescue safety innovation. Together they will deploy the Focus FS Emergency Response software at over 30 operating mining sites across the province,
Caterpillar to Relocate Global Headquarters to Dallas-Fort Worth Area, Texas
June 27, 2022
Caterpillar Inc. announced plans Tuesday to move its global headquarters from Deerfield, Illinois, to the company’s existing office in Irving, Texas. “We believe it’s in the best strategic interest of the company to make this move, which supports Caterpillar’s strategy
Gold Miner in Canada Finds Mummified 35,000-Year-Old Woolly Mammoth
June 27, 2022
It was a young miner, digging through the northern Canadian permafrost in the seemingly aptly named Eureka Creek, who sounded the alarm when his front-end loader struck something unexpected in the Klondike gold fields. What he had stumbled upon would
Federal Environmental Report Finds BWCA Risk, Could Doom Proposed Twin Metals Mine
June 24, 2022
The U.S. Forest Service issued a draft environmental assessment Thursday to lay the foundation for a proposed 20-year moratorium on copper-nickel mining upstream from the Boundary Waters Canoe Area Wilderness. Formally, the proposal would “withdraw” from new mineral leasing for
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