Equinox Gold said it will acquire all the issued and outstanding common shares of Calibre Mining as part of a court-approved plan of arrangement. The merger will create the second largest gold producer in Canada. The combined company will continue under the name “Equinox Gold Corp.” Its implied market capitalization is estimated at C$7.7 billion. “This merger represents a transformative…
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South Fork files for Chapter 11
South Fork Coal Co., which operates surface mines in Greenbrier County, W.Va., has filed for Chapter 11 bankruptcy protection in the U.S. bankruptcy court in Delaware earlier this month, reported WV Public Broadcasting. The bankruptcy filing lists assets of $50 million to $100 million and liabilities of the same amount. South Fork owes nearly $5 million to the state of…
Read MoreSpring Valley receives positive feasibility study
Solidus Resources has announced the results of the feasibility study for its Spring Valley gold project in Pershing County, Nev. The study was prepared by lead consultant Ausenco Engineering Canada. “The Spring Valley project will be Nevada’s next large heap leach gold mine with a 10-plus year mine life and first quartile AISC. The completion of the feasibility study represents…
Read MoreTNC, Engie, STD developing energy projects on former mine sites
The Nature Conservancy said that it and partner Cumberland Forest Limited Partnership have joined together with Sun Tribe Development and power producer Engie for the development of 17 new renewable energy projects on former Appalachian coal mines. The projects include 14 solar energy and three battery storage projects on 360 acres. It is the second round of energy project announcements…
Read MoreWestwater Resources’ new qualification line operational
Westwater Resources has successfully commissioned the CSPG qualification line at its Kellyton graphite processing plant in east-central Alabama. The new line offers the capability of processing approximately 1 metric ton of CSPG battery anode material each day. The U.S.-based company developed and optimized its CSPG products over the past several years using the individual pilot lines at each of its…
Read MoreGeneral Kinematics adds MRG to supplier family
General Kinematics, an Illinois-based vibratory equipment manufacturer and system integrator, has partnered with Mine Resource Group (MRG), an Indiana-based aggregate equipment, parts and service supplier. The partnership strategically allows General Kinematics to further increase its ability to readily service customers in the aggregate and mining industries. With several decades of experience servicing aggregate industry customers with equipment, on-site services, consulting,…
Read MorePalmer nominated to head MSHA
Wayne Palmer was nominated by President Trump to serve as assistant secretary of the Mine Safety and Health Administration (MSHA) at the Department of Labor. He is the former executive vice president of the Essential Minerals Association (EMA). “Wayne has not only been a terrific asset to the EMA team since he joined the association in 2021, but he has…
Read MoreCummins acquires First Mode assets
Cummins’ Generators and Power Systems arm confirmed February 11 that it has acquired the assets of mining and rail power retrofitter First Mode. The OEM’s officials said the purchase, the financial details for which were not disclosed, includes the latter’s hybrid mining and rail product lines, and the full IP portfolio which includes hydrogen and battery powertrain solutions. This technology…
Read MoreBritish Columbia fast-tracks 18 mining and energy projects
In the face of ongoing tariff threats from the United States, the British Columbia government said it is working to accelerate 18 critical mineral and energy projects worth roughly $20 billion, reported The Canadian Press. Premier David Eby said that the government was expediting some projects to diversify the economy, assuming there would be “four years of continual on-and-off tariff…
Read MoreLiebherr USA appoints Hiro Imakoji as new managing director
Liebherr welcomed Hirohito Imakoji as managing director of Liebherr USA Co., a mixed sales organization supporting 10 product segments throughout the United States. Hirohito joins the Liebherr USA executive management team, working together with Kai Friedrich, the managing director and divisional director of earthmoving and material handling technology. In his role, Imakoji will oversee the strategic planning and execution of…
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