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NioCorp Signs Contract with Cementation to Advance Engineering Work at Elk Creek Project
March 26, 2021
NioCorp Developments has signed a contract with Cementation USA, a leading global underground mine contracting and engineering company, to continue advancing detailed engineering work associated with the Elk Creek Superalloy Materials Project in Nebraska. Under the contract, Cementation will conduct
Westwater Resources Begins Definitive Feasibility Study on Coosa Graphite Project, Alabama
March 26, 2021
Westwater Resources has commenced the definitive feasibility study (DFS) on Coosa Graphite Project located in Alabama. Westwater has awarded the preparation of the DFS to a team of experienced and reputable engineering and consulting companies led by Samuel Engineering. The
Pure Gold Ramps Up Activity at Its PureGold Mine in Red Lake, Ontario
March 26, 2021
Pure Gold Mining released an update on ongoing commissioning and ramp-up activities at the company’s high grade PureGold Mine in Red Lake, Ontario. Since pouring first gold in December 2020, commissioning activities at the PureGold Mine have transitioned to full
Webequie First Nation and Juno Corp. Form Cooperation Agreement for Northern Ontario’s Ring of Fire
March 26, 2021
Webequie First Nation and Juno Corp. have signed new cooperation agreement to foster economic participation opportunities and advance exploration and potential mining partnerships in Northern Ontario’s Ring of Fire. This first Memorandum of Understanding (MOU) was signed February 24 in
Troilus Gold to Acquire UrbanGold Minerals in All-Stock Deal for $15 Million
March 25, 2021
Troilus Gold has agreed to take full ownership of UrbanGold Minerals by acquiring the remaining stake of around 90.3 percent in the latter in an all-stock deal worth CAD$19 million ($15.1 million). UrbanGold Minerals is a precious and base metals
Vital Metals Raises $43 Million to Develop Its Nechalacho Rare Earths Project, Canada
March 25, 2021
Vital Metals has raised A$43 million ($33.26 million) to fund construction, mining and operations at its Nechalacho rare earths project in Canada. Production at Nechalacho project is expected to commence on schedule in second quarter of calendar year 2021. Located
Equinox Gold to Invest $389 Million in Expansion of Castle Mountain Mine, California
March 25, 2021
Equinox Gold expects the phase 2 expansion of the Castle Mountain Gold Mine in the U.S. to have initial capital costs of $389 million to produce 3.2 million ounces (oz) of gold. The capital costs exclude $121 million, which is
K2 Gold Achieves Significant Permitting Milestone for Mojave Project, California
March 25, 2021
K2 Gold’s wholly owned subsidiary, Mojave Precious Metals (MPM), has received a positive decision letter from the United States Department of the Interior, Bureau of Land Management at its 100 percent owned Mojave Project located in Inyo County, California. The
Arch Resources Issues $45 Million in Bonds to Fund Construction of Leer South Mine, W.Va.
March 25, 2021
Arch Resources has issued $45.0 million of bonds in the U.S. tax-exempt market through the West Virginia Economic Development Authority, as a follow-on to its $53.1 million offering in July 2020. The bonds are subject to a mandatory tender for
Study Shows Coal Industry Generates Billions in Economic Activity for West Virginia
March 25, 2021
A new study on the economic impact of West Virginia’s coal industry shows that even when facing the worst regulatory pressures in history, the mining and coal-fired power generation industries still generated nearly $14 billion in economic activity for the
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