Mining

The country's latest uranium-mining project, approved for accelerated permitting, is underway in South Dakota.

The Department of Defense announced that it has awarded millions of dollars to a company that will develop the nation's "first polymetallic deposit targeting near-term production of Scandium (Sc), Niobium (Nb), Titanium (Ti), and other critical minerals."

The Defense Department has become the largest shareholder of a California rare earth mine critical for military technology.

Energy officials are planning to travel to Wyoming for the opening of a new rare earth mine, the first in the United States in more than 70 years and the first new coal mine in Wyoming in more than 50 years.

The United States is now aggressively pursuing deep‑sea mining to counter China’s dominance in critical minerals.

Greenland Prime Minister Múte Egede emphasized Greenland’s desire for greater cooperation with the United States in Arctic defense and mineral investments during an interview on Fox News Channel’s Special Report. While reiterating Greenland’s independence, Egede highlighted the importance of a strong U.S.-Greenland partnership to address security and economic opportunities.

Outgoing President Joe Biden is expected to designate two new national monuments on California tribal land.

President Joe Biden is reportedly preparing to ban offshore oil drilling, according to Bloomberg.

The attorneys general of Montana and Wyoming have filed a lawsuit against the Biden administration following its announcement to halt federal coal production in the Powder River Basin. The Basin, which covers 20,000 square miles in northeastern Wyoming and southeastern Montana, accounts for 85% of federal land-produced coal.

Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.