In what may be one of the most significant M&A transactions in recent history for the U.S. coal industry, CONSOL Energy and Arch Resources jointly confirmed on August 21 that they have combined in an all-stock merger and together will create a top North American natural resource company focused on global coal: Core Natural Resources. The pairing will create a…
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Endeavour processing restarts at Guanacevi
Endeavour Silver has resumed processing at the Guanacevi mine in Mexico following a primary ball mill trunnion failure on August 12. The company said temporary modifications have allowed the regrind mill to function as the primary ball mill, currently milling at 400 tonnes per day, with potential for 500 t/d, about half of its planned production capacity of 1,200 t/d.…
Read MoreVictoria Gold’s Eagle mine enters government receivership
Victoria Gold has received an application for receivership from the Yukon government for its Eagle gold mine following a heap leach failure at the site on June 24. The application, which was delivered via court petition, will be appealed, the Whitehorse-headquartered company said. The Yukon government is seeking appointment of a receiver over the property and the company as well…
Read MoreWarrior Met expanding, taps Beumer for help
Alabama miner Warrior Met Coal, undergoing an expansion at its Blue Creek mine that includes more efficient coal transport, has retained Beumer Group for the construction of a long-distance overland conveyor. The relative newcomer longwall mine and supplier said the scope includes a single-flight curved overland system for its 1,500-short-ton-per-hour system that will extend from its surface preparation plant to…
Read MoreSaskatchewan receives millions for rare earth research
Canadian officials announced more than C$16 million to support the Saskatchewan Research Council (SRC). The funding will be used to expand the Rare Earth Processing Facility to process a wider range of rare earth minerals and to create a new database. “Investing in regional strengths like mining, exploration, and mineral processing helps us build a solid path to a strong…
Read MoreBinMaster moves into new offices
BinMaster moved into new offices on Transformation Drive at the Innovation Campus at the University of Lincoln (Nebraska) last month, following the destruction of its 115,000-square-foot facility in April by an F3 tornado. The new offices are just minutes away from a new plant on the 249-acre public/private research campus that houses businesses, a conference center, and the Nebraska Innovation…
Read MoreSPT opens Nevada, Utah locations
Stockholm Precision Tools (SPT) is marking the opening of two new offices in the U.S. to expand its presence, one in Elko, Nev., and one in Salt Lake City, Utah. The new offices are located in strategic areas and make up part of the company’s global expansion strategy and a substantial investment plan. The main office in Elko will handle…
Read MoreNevada Copper assets for sale
Nevada Copper has entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. The company said the U.S. Bankruptcy Court and the Superior Court of Justice of Ontario have approved bidding procedures for use in connection with the sale process where Southwest Critical will serve as the stalking horse…
Read MoreCominvi wins Campo Morado contract
Luca Mining has engaged Latin America contractor Cominvi to carry out core mining operations at the Campo Morado mine in southwestern Mexico. The partnership will provide Luca cost-effective access to newer mining equipment for its ongoing operations. “The timing of this decision is fortuitous as Cominvi has just completed a major mining project nearby and, therefore, mobilization will occur very…
Read MoreExcelsior Mining starts work on Arizona mine
Excelsior Mining has commenced construction at the past-producing Johnson Camp mine in southeast Arizona with first copper production anticipated in the first half of 2025. The company is working with Rio Tinto venture Nuton to restart the operation. “The commencement of leach pad construction marks a key milestone in Excelsior’s partnership with Nuton. The M3 and Rango team we have…
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