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Blackhawk Mining to File for Chapter 11 Bankruptcy Protection
July 18, 2019
A coal operator in southern West Virginia is filing for Chapter 11 bankruptcy protection, but the outcome is expected to make for a stronger company with an improved forward looking forecast. Blackhawk Mining is restructuring its debt with creditors to
Anglo American Platinum, Platinum Group Metals to Develop New Battery Technology
July 18, 2019
Anglo American Platinum and Platinum Group Metals launched a new venture, Lion Battery Technologies, to accelerate the development of next-generation battery technology using platinum and palladium. The possibility of creating additional demand for platinum and palladium in the battery technology
Canada Invests in Clean Technology at Jetti Resources’ Mining Project, B.C.
July 18, 2019
Canada’s Minister of Natural Resources Amarjeet Sohi announced $492,500 in funding to Vancouver’s Jetti Services Canada (Jetti Resources) for a mineral extraction research and development project that, applied at commercial scale, will help reduce emissions and water use while lowering
American Energy Partners to Acquire Hickman Geological Consulting
July 18, 2019
American Energy Partners has agreed to acquire 100 percnet of the membership interests in Hickman Geological Consulting in exchange for 40,500,000 shares of American Energy’s preferred shares equal to approximately 5 percent of American Energy’s outstanding common stock. American Energy
Kentucky Senator Rand Paul Re-introduces Two Pieces of Coal Legislation
July 18, 2019
Republican Senator Rand Paul of Bowling Green is reintroducing two pieces of legislation he said will have a positive effect on the coal industry. S. 2104 and S. 2105 both concern New Source Review, which energy companies must undergo upon
Newmont Goldcorp to Resume Partial Underground Operations at Red Lake Mine, Canada
July 17, 2019
Newmont Goldcorp Corporation will resume partial underground operations at the company’s Red Lake mine in Ontario, Canada by Tuesday, July 9. Underground mining was proactively paused on July 3 to allow for the installation of additional controls to further protect
Cloud Peak Energy Hires Former Blackjewel Employees
July 16, 2019
Cloud Peak Energy Inc. announced today that it has hired close to 60 former Blackjewel employees. These new hires will start at the Cordero Rojo and Antelope mines beginning Tuesday, July 16. After the unexpected Blackjewel layoffs last week, Cloud
New Senate Bill Seeks to Boost Domestic Rare Earth Production, Wean Off Chinese Imports
July 16, 2019
U.S. Senator Maro Rubio (R-Fla.) recently introduced a bill that aims to break off the country’s reliance on importing rare earth minerals from China. Rare-earth elements, such as cobalt and lithium, are needed to produce critical components within many key
Developer of Autonomous Robot Systems Exyn Technologies Raises $16 Million
July 16, 2019
Exyn Technologies, a developer of autonomous robot systems, announced that it has raised $16 million in Series A funding. The round was led by Centricus, with Yamaha Motors Ventures, In-Q-Tel, Corecam Family Office, and Red and Blue Ventures newly participating,
U.S. Seeks New Sources of Rare Earth Minerals
July 16, 2019
The rare earth mining industry in the United States — including the Appalachian coal industry — could get a shot in the arm from the U.S. government’s interest in establishing a domestic production supply chain to ease its dependence on
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