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April 13, 2023
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.
April 2, 2023
Has to be done in this amount of time. if were gonna make a decision on this mining operation, which, by the way, you need critical minerals, if you want to build a bunch of solar panels and wind turbines, if you want to build more transmission lines to get the power from the solar farms to the cities to build transmission lines you needed to mine for copper and steel. alright democrats have been shutting these projects down. this makes it easier to actually do these things because if we dont do...
July 17, 2022
Can deposits of rare earth metals found in Turkey release the stranglehold China has on them? What does this mean for our EV future?
June 21, 2022
Business owners in Logan Lake interested in taking that step forward in the renewable energy sector are able t...
January 31, 2022
The value chain in the mining industry produces huge amounts of data every day. It is crucial to manage the data to make better decisions and improve efficiency and day-to-day operations. Micromine solutions efficiently and securely manage data to optimize asset value.
October 27, 2021
1.129 billion after-tax NPV with 8% discount rate and a 39.5% IRR at an average price $12,321 t LCE with a 50-year life of mine and payback of 2 years and 3 months from commencement of production Measured and indicated resources of 1. 747 Mt of LCE with an average 923 mgL Lithium with 800 mgl cut off and 5.369 Mt of LCE with 637 mgL Lithium with 400 mgl cut off Proven and probable reserves of 1,671,900t of LCE with ...
April 21, 2021
2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period. Argentine-Based Bitcoin Mining Facility Aims to Acquire 210 MW of Power The company Bitfarms (TSXV:BI...
February 24, 2021
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report: Sources Say Northern Data AG IPO for $500 Million Is in the Works Recent reports say that Northern Data AG, the ...
January 31, 2021
Embedded personnel of the Department of Environment and Natural Resources (DENR) Region 7 have reinforced and strengthened their knowledge on the environment, particularly on the management of mineral resources through its ENR Frontline Course through virtual presentation on Jan. 14. Mines and Geosciences Bureau (MGB-7) Director Armando Malicse shared his knowledge and expertise on mineral resource management services to the event participants from PENR and CENR Offices. He emphasized that as D...
January 8, 2021
Samuel relaxed but ready Leon ‘Bigger Biggs’ Samuel now has to tell the court how much he thinks he should be compensated for the trials he has had to endure. By: William Kojah Anthony• Leon ‘Bigger Biggs’ Samuel, who has been locked in a battle with government both in and out the court since 2011, said on Wednesday that he was "comfortable” with what he terms "a magnificent team of lawyers,’ and relaxed with the new situation. He expressed that he was focusing on "how to surviv...