A report it contracted from SENES Consultants Ltd. concludes that its proposed large-scale monazite rare-earth extraction facility can be operated safely and effectively, while complying with all major national and international mining and environmental safety standards, Medallion Resources Ltd. said this morning. That would quickly open up vast resources of rare earths from what...
By acquiring shares from third parties, Rio Tinto has become majority owner of Ivanhoe Mines Ltd., which in turn is majority owner of the Oyu Tolgoi copper/gold project in Mongolia. Rio Tinto’s stake in the Canadian firm is now 51%, it reported this morning....
The Kellogg Innovation Network (KIN) at Northwestern University ‘s Kellogg School of Management is partnering with the Fundação Dom Cabral (FDC) of Brazil to host a select group of chief-level officers and direct reports from around the world for a collaborative exploration of challenges...
Mining and processing at its Mt. Sinivit operation in New Guinea has temporarily been halted, New Guinea Gold Corp. said this morning. Representatives of the Wild Dog Mining Area Landowner Association (WDMALA) and Lulai Nakama Association have occupied the mine-site and thus forced its...
Westmoreland Coal Co. said this morning that it has agreed to purchase Chevron Mining Inc.’s Kemmerer mine in the Hams Fork Region of southwestern Wyoming for $179 million plus about $14 million in working capital. The Englewood,Colo.-based miner said it anticipates that the purchase...
The Texas Commission on Environmental Quality (TCEQ) has issued a Radioactive Material License to Uranium Energy Corp. for its south Texas Goliad in-situ-recovery (ISR) uranium project, the company reported yesterday. The issuance of the RML marks the conclusion of the state-level permitting. The Company...
To ensure safe and efficient operations for its personnel, Hecla Mining Co. said this morning it will develop a new haulage way to bypass the rock burst that occurred at the Lucky Friday mine in northern Idaho on Dec. 14. Creating the bypass and...
There will be no more “Made in the USA,” with millions of jobs lost, if the United States doesn’t start mining and stockpiling certain strategic metals, according to Alisha A. Ahern , co-director of the Academics & Periodicals Department at American Elements, the global...
Thompson Creek Metals Co. Inc. has entered into an amended agreement with Royal Gold Inc. to sell an additional 15% of the payable gold from Thompson Creek’s Mt. Milligan copper/gold project to Royal Gold for a total of $270 million, $112 million of which...
