Sibanye-Stillwater said it has made the decision to not proceed with the Rhyolite Ridge lithium-boron project in Nevada under a joint venture agreement with ioneer. The miner received updated project and technical information from ioneer in October 2024. After a comprehensive review on the results, the board of directors “resolved not to proceed with Rhyolite Ridge as, among other things,…
Read MoreSolidus 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 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…
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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 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 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 MoreThe 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.…
Read MoreThe U.S. Interior Department gave final approval to ioneer’s Rhyolite Ridge lithium mine in Nevada, the first domestic lithium mine permitted by the Biden administration, reported Reuters. The news agency said the approval concluded a review process lasting over six years. It comes amid recent efforts by the Biden administration to support domestic critical minerals production. “This is a science-based…
Read MoreLiberty Star Minerals paid the Bureau of Land Management US $18,600 for 93 unpatented federal lode mining claims covering 1,594.68 acres within the Hay Mountain Project in Cochise County, Arizona. The payment included six claims comprising 320 acres within the Red Rock Canyon Gold property. Additional Liberty Star fee payments for Mineral Exploration Permit lands due throughout the year to…
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Liberty Gold has received a Hardrock Prospector Permit covering four areas located directly adjacent to the company’s Black Pine oxide gold project in Idaho. The permit provides exclusive right to prospect and explore for leasable mineral deposits in the areas, which are administered by the federal government. ”We wish to acknowledge the extensive efforts made by the United States Forest…
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