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Intrepid Potash to Idle Mining Operations at Its West Facility in Carlsbad, New Mexico
May 11, 2016
Intrepid Potash Inc., which employs about 800 people at mines and processing facilities in and around Carlsbad, announced Monday that it will idle one of its mines there, potentially impacting 300 employees. Low world prices for potash and declining revenue
Federal Regulators Investigate Costs of Southern Company’s Kemper Clean-coal Plant, Mississippi
May 11, 2016
Federal regulators are investigating the estimated costs and schedule of Southern Co.’s long-delayed, $6.7 billion Kemper clean-coal plant under construction in Mississippi. Southern said in a filing Thursday it believes the U.S. Securities and Exchange Commission inquiry is focused primarily
Dynegy to Shut Down Three Coal Power Units, Illinois
May 11, 2016
Dynegy is set to shut down three uneconomical coal-fueled units at two power plants in Illinois, US. The company has decided to close the coal-fueled units as they failed to recover their basic operating costs at the Midcontinent Independent System
Oklahoma Gas and Electric Receives Approval for $500 Million Coal Scrubber Project at Sooner Plant
May 11, 2016
Persistence paid off for Oklahoma Gas and Electric Co. as regulators gave approval Thursday to the utility’s third attempt for a $500 million coal scrubber project to deal with tougher emissions regulations. The Oklahoma Corporation Commission voted 2-0 that the
Endeavour Silver to Acquire Oro Silver Resources and Its El Compas Gold-Silver Mine, Mexico
May 10, 2016
Endeavour Silver Corp. has entered into a definitive agreement with Canarc Resource Corp. to acquire a 100 percent interest in Oro Silver Resources Ltd., a wholly owned subsidiary of Canarc. Oro Silver holds the El Compas gold-silver mine property and
San Marco and GlobeTrotters Sign Alliance Agreement to Acquire Mineral Targets in Northern Mexico
May 10, 2016
San Marco Resources Inc. and GlobeTrotters Resource Group Inc. have signed a formal alliance agreement respecting their initiative to generate and acquire new high potential mineral targets primarily in the state of Sonora, Mexico announced on March 7, 2016. Pursuant
Rambler Metals & Mining Signs Engineering Agreement to Reopen Hammerdown Gold Mine, Canada
May 10, 2016
Rambler Metals and Mining plc has entered into an engineering, evaluation and services agreement with Maritime Resource Corp. to evaluate the economic potential of re-opening the past producing Hammerdown gold mine located within Maritime’s Green Bay Property, Newfoundland and Labrador,
Mountain Province Releases Updates for Gahcho Kué Diamond Mine Development, Canada
May 10, 2016
Mountain Province Diamonds Inc. have released updated for the Gahcho Kué diamond mine. The mine is progressing according to plan and revised budget with the overall project approximately 94 percent complete and on track for first production during H2 2016.
Caterpillar’s Group President Denise Johnson to Chair MINExpo International 2016
May 10, 2016
The National Mining Association (NMA), sponsor of MINExpo INTERNATIONAL® 2016, has announced that Caterpillar Inc. group president Denise Johnson will chair the world’s largest mining equipment exhibition. Johnson, who oversees the resource industries group for the Peoria, Ill.-based company, will
Murray Energy CEO: Coal Workers Don’t Want Clinton’s Welfare, They Want Jobs
May 10, 2016
Murray Energy Founder and CEO Bob Murray weighed in Thursday on what the challenging political environment for the coal industry means for coal companies, workers and consumers across the country. “It’s disastrous, and it’s disastrous for every American. Hillary Clinton
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