Artemis Gold experiences unplanned mill shutdown

Artemis Gold reported an unplanned mill shutdown at the Blackwater mine in central British Columbia, Canada. The miner said it is currently experiencing a production outage at the mine due to the failure of a ball mill gearbox that occurred on March 11. Artemis Gold has a suitable replacement spare gearbox available, but it will take between eight and 10…

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DOE announces funding to expand U.S. critical materials

The U.S. Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation (CMEI) announced a Notice of Funding Opportunity (NOFO) for up to $500 million to expand U.S. critical mineral and materials processing and derivative battery manufacturing and recycling. Full story.

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Hudbay inks deal to acquire Arizona Sonoran

Canadian miner Hudbay Minerals has signed a definitive agreement to buy the remaining stake in Arizona Sonoran Copper Company that it does not already own for $1.48 billion. The deal will create a major copper hub in southern Arizona by adding Arizona Sonoran’s Cactus project to Hudbay’s existing operations, including the Copper World project. Full story.

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