Excellon Resources has entered into a definitive agreement to acquire the permitted, past-producing La Negra Mine in Mexico from Dalu S. à r.l. for an aggregate consideration of up to US$50 million. Located in the state of Querétaro, La Negra has a historical production averaging 3.0 million silver-equivalent ounces annually. The mine was placed on care-and-maintenance in March 2020 due…
Read MoreDay: January 13, 2023
University in West Virginia developing REE research center
Concord University in southern West Virginia has been awarded $642,000 in funding for the development of a research center to analyze rare earth elements (REEs) in coal and coal byproducts. The appropriations funding is thanks to state senator Joe Manchin, who secured it for the Mercer County institution via the Fiscal Year 2023 Omnibus Appropriations bill. Concord will expand its…
Read More