Mineral and Royalty Interests Archives - Page 3 of 4

Schlumberger partners with Gradiant to sustainably produce battery-grade lithium compounds

October 5, 2022

World Oil Schlumberger announced it has entered into a partnership with Gradiant, a global water solutions provider, to introduce a key sustainable technology into the production process for battery-grade lithium compounds. As part of Schlumberger’s NeoLith Energy direct lithium extraction (DLE) and production flowsheet, Gradiant technology is used to concentrate the lithium solution and generate fresh water—a critical element in

Searchlight Minerals Clarkdale Slag Project update

September 27, 2022

Oil and Gas 360 HENDERSON, Nev., Sept. 23, 2022 /PRNewswire/ — This project update summarizes the results of the most recent testing of Searchlight Minerals (SRCH) Clarkdale Project located in Clarkdale, AZ. Searchlight Minerals is focused on developing and implementing a cost-effective process to recover the gold and other valuable metals contained in the copper smelter slag left there from the operation

Brigham Minerals, Inc. announces core Midland Basin acquisition

August 23, 2022

Oil and Gas 360 AUSTIN, Texas–August 22, 2022 (BUSINESS WIRE)– Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals,” “Brigham,” or the “Company”), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the Midland Basin from royalty funds managed by Avant Natural Resources, LLC and its affiliates for approximately $132.5 million in

Global miners must overcome labour shortages, inflation pain to meet targets

April 22, 2022

Nasdaq Global mining companies must overcome COVID-related labour shortages and soaring production costs if they are to meet annual production targets, analysts said after downbeat quarterly reports. London-listed Anglo American AAL.L and Antofagasta ANTO.L are among those to have either lowered annual production targets or increased expected capital expenditure, laying part of the blame on the broad inflationary pressure coming from rocketing diesel prices.

Biden poised to use cold-war powers to boost battery metals

March 30, 2022

Bloomberg President Joe Biden is poised to invoke as soon as this week Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter. The White House is discussing adding battery materials to the list of items covered by the 1950 Defense Production Act — the same

Desert Peak Minerals and Falcon Minerals Corporation to combine in $1.9 billion all-stock merger, creating a premier, shareholder returns-driven mineral and royalty consolidation company

January 12, 2022

Oil and Gas 360 Combined Company will own over 139,000 Net Royalty Acres, normalized to a 1/8th royalty equivalent, over 105,000 of which are located in the Permian Basin. Projected to produce approximately 13,500 – 14,500 barrels of oil equivalent per day in 1H 2022 on a combined basis. Summary: Combination creates a leading mineral and royalty company in the U.S., positioned

U.S. miners decry mineral royalty plan floated in Congress

September 16, 2021

Nasdaq 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. The House of Representatives Natural Resources Committee added language to the proposed $3.5 trillion

Fort Worth oil and gas firm backs new blank check company

July 30, 2021

Dallas Business Journal A Fort Worth-based oil and gas mineral and royalty company announced it formed subsidiary Kimbell Tiger Acquisition Corporation, a new SPAC, to take an energy business public. The newly incorporated special purpose acquisition company will look to acquire or merge with an entity in the energy and natural resources industry, in line with its founders’ experience. The

Energy transition metals poised for uneven, explosive run higher

June 22, 2021

Reuters LONDON/HANOI – Buoyed by powerful demand expectations as the world moves away from reliance on fossil fuels, prices of many industrial metals rocketed, but future price rises are likely to be limited to a select few energy transition ingredients. The narrative of a synchronised upswing, characterised by some as a supercycle, is at odds with expectations shortages of materials

Cenovus sells Marten Hills royalty interest for more than $100 million

May 18, 2021

Calgary, Alberta (May 18, 2021) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has sold its gross overriding royalty (GORR) in the Marten Hills area of Alberta to Topaz Energy Corp. for gross cash proceeds of $102 million. The sale successfully closed today with a May 1, 2021 effective date. Cenovus will use the sale proceeds to reduce net

Kimbell Royalty Partners declares first quarter 2021 distribution

April 26, 2021

Kimbell Royalty Partners Declares First Quarter 2021 Distribution PR Newswire …

The new U.S. plan to rival China and end cornering of market in rare earth metals

April 19, 2021

CNBC The United States has made previous attempts to reemerge as a dominant player in a rare earths supply chain that is responsible for some of the most important materials involved in electric vehicle production, battery making, renewable energy systems and technology manufacturing. Under the Biden administration, the effort is receiving renewed focus, with massive investments planned in climate change

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