US miners miss out on tax credit granted to processors
Mining News Pro - The US has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there’s a clear divide for miners and processors.
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Visit: 180
Don’t expect US miners to replace Russian coal in Europe
Mining News Pro - U.S. coal miners including Peabody Energy Corp. are surging as the European Union proposes banning imports of the fuel from Russia. But it will be difficult, if not impossible, for them to fill the potential supply gap.
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Visit: 730
US miners decry mineral royalty plan floated in Congress
Mining News Pro - U.S. mining companies are blasting proposals in Congress that would set royalties for copper, lithium and other minerals extracted from federal land, with executives saying the measures would hurt domestic production of the building blocks for solar panels, electric vehicles and other green technologies.
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Visit: 459
US miners tout environmental credentials in wake of Biden victory
Mining News Pro - US mining companies are moving fast to align themselves with Joe Biden’s climate change agenda, saying the lithium, copper and other metals they produce can help the president-elect achieve his ambitious goals to slash carbon emissions and electrify the nation’s automobiles.
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Visit: 563
US miners are trying to get out of thermal coal busines
Mining News Pro - U.S. coal miners are searching for an exit from the power business, or getting pushed there.
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Visit: 653
Electronic gas sensors help detect anomalous mineral deposits
Mining News Pro - Geoscience BC published a report detailing its current testing of a portable device designed to identify anomalous soil gas concentrations that could indicate geological faults and mineralization buried below glacial deposits in British Columbia’s North Central and South Central regions.
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Visit: 599
Emmerson confirms twin 3.2 km declines using continuous miners for potash mine design in Morocco
Mining News Pro - Emmerson PLC, the Moroccan-focused potash development company, has announced that it has finalised the feasibility study components for the mine access design and costing for its world class Khemisset Potash Project in northern Morocco. The scoping study development approach ws confirmed with the mining horizon proposed to be accessed by twin declines constructed using underground mining machinery (continuous miners) which will later be used in mining production.
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Visit: 838
Sirius Minerals’ last-minute attempt to avoid Anglo takeover fails
Mining News Pro - Sirius Minerals, the British junior struggling to build a huge fertilizer mine beneath the North Yorks Moors national park, revealed on Friday it had been studying an alternate deal to the planned takeover by Anglo American, adding that it had fallen through.
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Visit: 651
Nautilus Minerals officially sinks, shares still trading
Mining News Pro - Nautilus Minerals, one of the world’s first seafloor miners, officially went bankrupt this week, its court-appointed monitor, Price Waterhouse Cooper reported.
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Visit: 926
Sirius Minerals unveils rescue plan for UK’s biggest fertilizer mine
Mining News Pro - Sirius Minerals, the British company building a huge fertilizer mine beneath a national park, is seeking a strategic investor to help fund a revised two-stage development plan for its Woodsmith project.
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Visit: 695
Indigenous miner becomes third-largest coal producer in the US
Mining News Pro - The Navajo Transitional Energy Company or NTEC, which identifies itself as “an American Indian and minority-owned business,” just became the third-largest coal producer in the United States after purchasing all of Cloud Peak Energy’s assets.
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Visit: 694
Sirius Minerals shares crash after scrapping $500m fundraising plan
Mining News Pro - Sirius Minerals, the British company building a huge fertilizer mine beneath a national park, lost more than half of its market value on Tuesday after it announced it had cancelled plans to raise the $500 million needed to move ahead with the Woodsmith project.
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Visit: 838
Sirius Minerals scraps $500m bond sale, shares plunge
Mining News Pro - Shares in Sirius Minerals (LON:SXX), the British company building a huge fertilizer mine beneath a national park, plummeted on Tuesday after it suspended a planned $500 million bond sale, which was a key part of the funding necessary for its polyhalite mining project.
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Visit: 871
Sirius Minerals puts alternative plan for potash project on the table
Mining News Pro - Shares in Sirius Minerals, the British company building a huge potash mine beneath a national park in North Yorkshire, were off to the races on Tuesday as it has come up with an alternative financing plan for the project.
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Visit: 876
Dust samples from asteroid could help understand origin of precious minerals
Mining News Pro - Scientists at the Japan Aerospace Exploration Agency or JAXA reported this week that the Hayabusa2 spacecraft touched down on the asteroid Ryugu and will start collecting samples of the dust in its surface.
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Visit: 794
GOLD: Granada trenches auriferous mineralization at Aukeko
Mining News Pro - QUEBEC – Granada Gold Mine of Rouyn-Noranda, Que. has completed its trenching program at the Aukeko property that is adjacent to its Granada gold mine located 5 km south of the town. The company is awaiting the results of fire assays on the samples.
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Visit: 980