A strategic partnership between Virginia Tech and Alcara Technologies, the U.S.-based subsidiary of Aclara Resources, aims to strengthen a sustainable domestic supply chain for critical heavy rare earth elements. Full story.
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Mitsubishi Corporation has agreed to acquire a 30% interest in Copper World LLC, a wholly-owned subsidiary of Hudbay Minerals, for an initial cash contribution of $600 million. The company owns the Copper World project in Arizona. Full story.
Read MoreThe U.S. Department of Labor’s Mine Safety and Health Administration is making $10.5 million in grant funding available to help provide mine safety training for the nation’s miners. Full story.
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The U.S. Department of the Interior has approved a mining plan modification that will unlock 14.5 million tons of federally owned coal at the Antelope mine in Converse County, Wyo., extending the life of the mine through 2037. Full story.
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Elk Creek Resources, a subsidiary of NioCorp Developments, has been awarded up to $10 million, subject to the achievement of certain milestones, from the U.S. Department of Defense to support the establishment of a domestic scandium mine-to-manufacture supply chain via the Elk Creek critical minerals project in southeast Nebraska. Full story.
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Equinox Gold has sold its 100% interest in the Pan gold mine, Gold Rock project, and Illipah project in Nevada to Canadian developer Minera Alamos for a total consideration of US$115 million. Full story.
Read MoreLess than a month remains until the start of the Bluefield Coal and Mining Show, set for September 10-12 at the Brushfork Armory in Bluefield, W.Va. Full story.
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Nevada Gold Mines (NGM) and Komatsu have launched a pioneering partnership to elevate workplace safety and enhance operational efficiency through the deployment of the OEM’s FrontRunner Autonomous Haulage System (AHS) at the miner’s surface operations. Full story.
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McEwen Mining and Canadian Gold have entered into a binding letter of intent, whereby McEwen would acquire the latter by way of a plan of arrangement. If the transaction is completed, Canadian Gold would become a wholly-owned subsidiary of McEwen. Full story.
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Teck Resources has received board approval for the construction of the Highland Valley Copper mine life extension project, which will extend the mine’s life from 2028 to 2046. Full story.
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