Rep. Betty McCollum (D-Minn.) has reintroduced the “Boundary Waters Wilderness Protection and Pollution Prevention Act,” legislation that would permanently protect 225,504 acres of federal lands and waters within the Superior National Forest from highly hazardous sulfide-ore copper mining, including a plan by a Chilean mining company to extract critical minerals from the Superior National Forest and sell them to China…
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Peñasquito Mine aims to extend its life span
The Newmont Peñasquito open-pit mine, installed in the Municipality of Mazapil, state of Zacatecas, Mexico, intends to maintain its production beyond the seven-year life period it has calculated, according to company executives. The commercial activity of the mine, a leader in gold extraction but also a producer of copper, silver, zinc and lead, began 14 years ago and gradually increased…
Read MoreCorsa Coal files for Chapter 11
Metallurgical coal producer Corsa Coal and each of its subsidiaries have filed for voluntary chapter 11 relief in the U.S. Bankruptcy Court for the Western District of Pennsylvania. A commitment for $15 million in debtor-in-possession financing provided by KIA II will support operations during the process. The Corsa Group has also filed various “first day” motions with the U.S. Bankruptcy…
Read MoreImperial Metals, Mount Polley handed Fisheries Act charges
Imperial Metals and its Mount Polley Mining arm, which suffered a high-profile tailings storage facility failure in August 2014, has been served a notice of charges alleging violations of the Fisheries Act in Canada. Engineering firm Wood Canada was also named in the allegation notice involving the British Columbia operation. The charges are outlined in an indictment filed with the…
Read MoreVoisey’s Bay is now mining underground
Vale has completed construction and commissioning of the Voisey’s Bay mine expansion project, transitioning the Canadian nickel mine from open pit to underground mining. The project involved the development of two underground mines – Reid Brook and Eastern Deeps – which will deliver ore for processing at the company’s Long Harbour, Newfoundland, refinery. Vale said full ramp-up is expected by…
Read MoreIndia, U.S. sign critical mineral supply chain pact
Commerce and Trade Minister of India Piyush Goyal and U.S. Commerce Secretary Gina Raimondo signed their names to an agreement promising to cooperate on strengthening supply chains in the two countries for lithium, cobalt and other critical minerals. The Commerce Department said in a statement on October 3 that the now-inked memorandum of understanding aims to build resilience for critical…
Read MoreCaterpillar, IMA Engineering forge technology pact
Caterpillar has entered a new alliance with IMA Engineering to enhance its own Precision Mining initiative. The teaming of the two companies will use cutting-edge technology to provide real-time, detailed information about ore, the raw material extracted in mining, which will help sites improve operational efficiency and accuracy. Cat Precision Mining is Caterpillar’s advanced vision to improve every step of…
Read MoreCoeur Mining to acquire SilverCrest Metals
U.S.-based Coeur Mining has entered into a definitive agreement to acquire North American peer SilverCrest Metals, adding the Las Chispas underground mine in Sonora, Mexico, to its portfolio. Under the terms of the agreement, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement. The transaction is…
Read MorePeabody, RWE partner for energy on reclaimed land
Peabody Energy and renewable energy group RWE have teamed up to advance renewable energy projects, namely solar and energy storage, at reclaimed mining land in Indiana and Illinois. The partnership’s projects will have the capacity of more than 5.5 gigawatts and will have the potential energy production to power 850,000 homes. “This innovative global partnership brings together RWE’s expertise in…
Read MoreE3 picks site for lithium production facility
Calgary-headquartered E3 Lithium has secured a brownfield site in Mountain View County for its Clearwater project’s central processing facility, which will be Alberta’s and western Canada’s first lithium production campus. The site is the former Dyck Gravel Pit, and its land site is well situated for infrastructure, including accessible utilities and roadways, to support development. Both the county and E3…
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