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Rye Patch Gold to Acquire Florida Canyon Gold Mine for $15 Million, Nevada
June 1, 2016
Rye Patch Gold Corp. has signed a definitive agreement with Jipangu International Inc. (JII), Imlay Mining Co., Ltd. and ADM‑Gold Co., Ltd. to acquire 100 percent ownership of the Florida Canyon gold mine located in Pershing County, Nevada, for total
Atlantic Gold Completes $20 Million Finance Facility to Fund MRC Project Mining Fleet, Nova Scotia
June 1, 2016
Atlantic Gold Corporation, through its wholly owned subsidiary D.D.V. Gold Ltd., has executed a definitive master lease agreement with Caterpillar Financial Services Limited in respect of the $20 million mining fleet equipment lease facility to fund the company’s acquisition of
Northern Superior Receives Judgment Regarding Its Action Against Ontario Government
June 1, 2016
The judge’s written decision in the Northern Superior Resources Inc.‘s lawsuit against the Government of Ontario was handed down May 25, 2016. The judge ruled in favor of Ontario. In the coming days, the company will review the decision in
Wallbridge Mining to Acquire Balmoral Resources’ Fenelon Gold Project for $3.6 Million, Quebec
June 1, 2016
Wallbridge Mining is pleased to announce that it has entered into a binding Letter of Intent (“LOI”) dated May 24, 2016 (the “Agreement Date”) to acquire 100 percent of the Fenelon Gold Property (“Fenelon Mine Property”) from Balmoral Resources Ltd.
Cliffs Natural Resources, Minnesota Power Sign $31 Million Power Supply Agreement for Silver Bay
June 1, 2016
Cliffs Natural Resources and Minnesota Power announced a multi-year power supply deal and other agreements Tuesday that will see the Duluth-based utility add Northshore Mining to its portfolio of giant electricity-gobbling clients. Under the deal, Minnesota Power will supply electricity
NMA: Technology and Innovative Practices Leading to Record Mine Safety Improvement
June 1, 2016
The House Subcommittee on Energy and Mineral Resources has examined an important but seldom recognized aspect of technological innovation — the impact of technologies on modern mining practices. Advances in high-speed, wireless and environmental monitoring technologies have shaped modern mining
PotashCorp’s Social Media Challenge Nets $150,000 for Regina Hospitals Foundation, Saskatchewan
June 1, 2016
Potash Corporation of Saskatchewan Inc. (PotashCorp) has donated $150,000 to Regina’s Z99 Radiothon. This brings PotashCorp’s total donations to Z99 Radiothons to $700,000 since 2012. The annual radiothon raises funds to purchase new equipment to improve treatment at the Neonatal
Colorado Congressman Tipton Encouraged with Coal Study
June 1, 2016
A U.S. Forest Service study of the effects of mining coal in the North Fork Valley on the global climate meets requirements set by a federal court, U.S. Rep. Scott Tipton, R-Colo., said he was told by the head of
Virginia Conservation Legacy Fund Idles Federal No. 2 Coal Mine, W. Va.
June 1, 2016
Work is at a standstill at the Federal No. 2 Mine in Monongalia County. The mine has been idled as owners try to find buyers for 380,000 tons of coal already on the ground. Virginia Conservation Legacy Fund, which owns
Donald Trump Pledges to Rip Up Paris Climate Agreement in Energy Speech
June 1, 2016
In a rare prepared speech, Donald Trump outlined his energy policy in Bismarck, North Dakota. Trump is known for bucking conservative orthodoxy but, on Thursday, the presumptive Republican presidential nominee largely hewed to the typical Republican line. Reading from a
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