Eminent Gold has completed its acquisition of the Celts mineral property in Nevada for an aggregate purchase price of $400,000 from Orogen Royalties, a subsidiary of Renaissance Exploration. Eminent now holds a 100% interest in the site indirectly through its subsidiary Hot Springs Resources. Pursuant to the purchase agreement, Orogen maintains a 3% net smelter returns royalty. “The acquisition of…
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Nevada Canyon completes Nevada exploration programs
Nevada Canyon Gold has completed the initial Phase I exploration programs at two of its accelerator properties in Nevada – Agai-Pah, within the Walker Lane shear zone in Mineral County, and the Swales property in the Swales Mountain Mining District in Elko County. Phase I of the Agi-Pah exploration program consisted of reconnaissance prospecting, geological mapping, surface sampling of old…
Read MoreIntegral Metals acquires Woods Creek project
Integral Metals has acquired the Woods Creek project, located within the Idaho Rare Earth Elements-Thorium (REE-Th) Belt in southwestern Montana. The strategic addition includes 25 lode claims covering 516 acres and is positioned to capitalize on the increasing demand for rare earth elements critical to modern technologies. “The acquisition of the Woods Creek project aligns with our commitment to advancing…
Read MoreLiberty Gold to spin-out Goldstrike project
After the recent discovery of a third zone of high-grade antimony mineralization at Antimony Ridge, Liberty Gold said it intends to “spin-out” the Goldstrike project with the Antimony Ridge discovery into a separate entity. “Antimony Ridge is an exciting, emerging story that is demanding more attention with every high-grade assay coming out of the lab. We believe that separating Liberty…
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 MoreRio Tinto confirms Arcadium Lithium deal
Rio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…
Read MoreSouthwest Critical confirms Arcadium Lithium deal
Southwest Critical Materials, an affiliate of private equity firm Kinterra Capital, has acquired the Pumpkin Hollow copper project from Nevada Copper. In August, Nevada Copper entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. With this acquisition, Kinterra now controls more than 11 billion pounds of copper across…
Read MoreMetso to expand Arizona campus
Metso broke ground December 11 on a significant expansion to its service center and a new advanced training facility in Mesa, Ariz. The enhancements, the company said, will serve the increasing demands of mining customers by offering a wider range of repair services, advanced competence development capabilities, and improved safety and sustainability. “Our expanded service center and innovative training facility…
Read MoreRio Tinto’s Kennecott expands solar power
Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30 MW. It will be located next to an existing 5-MW solar plant. “Expanding our solar farm is the latest step in our journey to reduce our carbon footprint. Together with other measures we’ve taken,…
Read MoreNVMA names Hall to post
The Nevada Mining Association (NVMA) has appointed Rebecca Hall as community engagement manager. In this position, Hall will oversee the organization’s community engagement throughout the state, while supporting the NVMA’s communications and government relations teams to highlight and promote organizational programs, education, membership and advocacy. Hall brings several years of statewide leadership and experience in education, science and history to the NVMA.…
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