Canadian-based Pan American Energy has confirmed plans to spin out its Green Energy lithium project in the Paradox Basin, Grand County, Utah, so it can focus on its other projects including the Horizon lithium project in Nevada. The company, which will place Green Energy into a wholly owned subsidiary, will also be turning its attention to its Big Mack lithium…
Read MoreLithium Americas, developer of the Thacker Pass project in Nevada’s Lithium Valley, has selected Bechtel for the complex’s engineering, procurement and construction management (EPCM) contract while all await the project’s final regulatory Record of Decision. Lithium Americas President and CEO Jonathan Evans said the selection of Bechtel is a “significant milestone” in advancing the Orovada, Nev., mine toward production. The…
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Copper Mountain Mining said its namesake operation in Princeton, British Columbia, is back in production after a ransomware attack. The cyber incident occurred on December 27 and involved an attack on the mine’s information technology (IT) servers. Officials said on Jan. 6 that the mill was at full production as of Jan. 1 and the operation was being stabilized as…
Read MorePiedmont Lithium and automaker Tesla have mutually agreed to amend a September 2020 offtake agreement for spodumene concentrate (SC6). Under the new agreement, which is binding for a three-year term and includes an option to renew, Piedmont will deliver approximately 125,000 metric tons of SC6 to Tesla beginning in the second half of 2023 through the end of 2025. According…
Read MoreToronto-based Electra Battery Materials, formerly First Cobalt, has signed a deal with Kuya Silver to get rid of its non-core assets in Canada, though the company will retain royalty interests in the properties in Canada’s Cobalt Camp. The decision is part of an agreement initially inked between the companies in 2021; that share purchase and option agreement has been amended…
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Kentucky-headquartered coal miner Ramaco Resources is focusing on philanthropy for the support of coal communities with its new charitable organization, the Ramaco Foundation.
Read MoreThe Mine Safety and Health Administration (MSHA) has released alerts for the 25th and 26th fatalities of 2022. The agency said that on October 17 a miner at Holcim’s Ada quarry and plant in Pontotoc County, Okla., died when he fell approximately 90 ft. from the walkway outside the plant’s mill building. This was the 25th fatality reported in 2022,…
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Just days before Christmas, Teck Resources reportedly inked a deal with Conuma Resources to sell its closed Quintette coal mine in northeastern British Columbia, Canada for C$120 million. According to Canadian Press, the cash transaction also includes an ongoing 25% net profit interest royalty that will be payable once the buyer’s investment in the mine has been recovered. Conuma, a…
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Glencore’s plan to develop the Sukunka steelmaking coal project in Western Canada has hit a major hurdle: the government’s rejection. “After careful deliberation, the Government of Canada has determined the significant adverse environmental effects of the proposed Sukunka coal mine project, an open-pit metallurgical coal mine located near Tumbler Ridge, British Columbia, could not be mitigated,” the government said. Similarly,…
Read MoreCanada has released a 21st century industrial strategy that is built on the country’s strength as a leading supplier of sustainably produced critical minerals needed to enable the energy transition. The critical minerals strategy, backed by nearly C$4 billion allocated in the country’s budget, focuses on expanding the sector and “moving things forward expeditiously,” said Natural Resources Minister Jonathan Wilkinson.…
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