� XIMEN MINING CORP . has acquired the Running Wolf gold property located 20kms west of Cranbrook in the Fort Steele Mining Division in southern British Columbia .

Background Last October , Cumbria County Council voted 12-3 in favour of the Woodhouse Colliery in Whitehaven , which will generate 500 jobs , bring much-needed investment and mark the UK ’ s first coal mine in 30 years . What ’ s the UK government ’ s position ? They didn ’ t overrule the decision , saying planning decisions should be made at a local level wherever possible . What ’ s been the reaction ? Environmentalists say the mine is incompatible with Britain ’ s greenhouse gas emission targets – especially with the Cop26 conference coming up in Glasgow in November . That ’ s led Cumbria County Council to back track and reconsider its planning permission decision . What ’ s lost in the noise ? The mine will actually produce coking coal that will be used for steel production – so it could be more emissions-friendly than importing raw materials from overseas , plus have a knock-on effect in supporting operations and jobs at Port Talbot .

� GR SILVER MINING has signed a definitive binding Share Purchase Agreement to buy Marlin Gold Mining from Mako , with the transaction expected to close by the end of March .

� TACORA RESOURCES , the iron ore and mineral processing company based out of Grand Rapids , Minnesota , has bought Sydvaranger Mining and its subsidiaries .

� $ 2BN FINE FOR NORNICKEL A Russian court has ordered MMC Norilsk Nickel ( Nornickel ), which was involved in a massive Arctic fuel spill last year , to pay approximately $ 1.96 billion in compensation .

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