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Quaterra Reaches Agreement With Freeport-McMoRan to Extend Funding on Yerington Copper Project, Nev.
July 12, 2016
Quaterra Resources Inc. and its subsidiary Singatse Peak Services LLC (SPS) have reached an agreement with Freeport-McMoRan Nevada LLC to extend the current Stage 2 of Freeport Nevada’s option to acquire an interest in the company’s Yerington Copper Project in
MSHA Screening Shows No Mines Eligible for Pattern of Violations, First Since Program Began in 2010
July 12, 2016
The U.S. Department of Labor’s Mine Safety and Health Administration have reported that — for the first time since reforms began in 2010 — none of the nation’s more than 13,000 mining operations meets the criteria for a pattern of
Alpha Natural Resources’ Plan of Reorganization Confirmed by U.S. Bankruptcy Court
July 12, 2016
Alpha Natural Resources, Inc.‘s plan of reorganization has been approved, contingent upon the finalization of certain definitive documentation and the entry of an order in the coming days, by the United States Bankruptcy Court for the Eastern District of Virginia.
Court Approves Arch Coal’s Disclosure Statement for Its Proposed Plan of Reorganization
July 12, 2016
Arch Coal, Inc.‘s disclosure statement filed in connection with the company’s proposed plan of reorganization has been approved by the United States Bankruptcy Court for the Eastern District of Missouri. With this approval, Arch can begin to solicit approval of
Skeena to Acquire Sona Resources and Its Blackdome Gold Mine in B.C.
July 11, 2016
Skeena Resources Limited has entered into a definitive agreement to acquire Sona Resources Corp. Sona’s primary asset is the past-producing underground Blackdome Gold Mine, located in the Clinton Mining District in southwestern British Columbia. From 1986 to 1989, Blackdome produced
Arch Coal Secures Global Settlement, Facilitates Consensual Completion of Financial Restructuring
July 11, 2016
Arch Coal, Inc. has secured a global settlement with certain of its senior secured lenders that hold more than 66 2/3 percent of its first lien term loan and the Official Committee of Unsecured Creditors (UCC). The company has filed
Dominion Diamond to Proceed with Development of Jay Project, Canada
July 11, 2016
Dominion Diamond Corporation will proceed with the development of the Jay Project based on the positive results of a feasibility study (FS) and subsequent revised project schedule and life-of-mine plan. The Jay Project is located within the Buffer Zone Joint
MGX Minerals Acquires Pilot Plant for Its Driftwood Creek Magnesium Project, British Columbia
July 11, 2016
MGX Minerals Inc. has acquired, on a trial basis with an option to purchase, a full-scale pilot plant mill from CMC Metals Ltd. for its Driftwood Creek Magnesium Project. The mill equipment includes a jaw crusher, ball mill, flotation cells,
GE’s Fairchild Mining Equipment Plant in Glen Lyn, Virginia to Close
July 11, 2016
Another manufacturing facility in the area dependent on the coal mining industry is closing. GE’s Fairchild Mining Equipment plant in Glen Lyn, Va. will close within six to 12 months, the company said Wednesday, impacting 59 employees. Cathy Heiman, communications
MSHA Awards $8.4 Million in Mine Safety Training Grants
July 11, 2016
The West Virginia Office of Miners’ Health, Safety and Training will receive more than $524,000 in federal funds for training courses aimed at reducing mining accidents, injuries and illnesses. The Mine Safety and Health Administration announced the grants Wednesday. MSHA
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