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McEwen Mining Acquires Almadex Minerals’ El Encuentro Gold-Silver Project, Mexico
May 5, 2016
Almadex Minerals Limited has sold its El Encuentro project to McEwen Mining Inc. for US$250,000 and a 2.0 percent NSR royalty. The El Encuentro project is located approximately 10 kilometers from McEwen’s operating El Gallo gold/silver mine in Sinaloa State,
Commercial Metals Begins Construction of Its Advanced Micro Mill, Oklahoma
May 5, 2016
Commercial Metals Company have began construction of the company’s second technologically advanced micro mill which will be located in Durant, OK. “This event marks another historic day for CMC, the State of Oklahoma, and the City of Durant. We believe
Sandvik Consolidates to Three Business Areas, Identifies Non-Strategic Operations
May 5, 2016
Sandvik has consolidated to three business areas and identified non-strategic operations. First, Sandvik moved Wolfram (Wolfram Bergbau und Hütten) and two selected production sites from Sandvik Hyperion into Sandvik Machining Solutions. These businesses are internal suppliers to Sandvik Machining Solutions.
Pele Mountain Releases Update on Development Plans and Progress at Eco Ridge Property, Ontario
May 5, 2016
Pele Mountain Resources Inc. has provided an update regarding development plans and progress for its rare earth processing center and solar energy power projects at and near its Eco Ridge property in the City of Elliot Lake, Ontario. In 2015,
Women’s Mining Coalition to Receive 2016 Prazen Living Legend of Mining Award
May 5, 2016
The Women’s Mining Coalition will receive the 2016 Prazen Living Legend of Mining Award from the National Mining Hall of Fame and Museum. Every year, the National Mining Hall of Fame & Museum selects an individual or entity that has
Video: Laid Off Coal Miner Challenges Clinton on Her Remarks About the Coal Industry
May 4, 2016
Democratic presidential front-runner Hillary Clinton tried to make amends with West Virginia voters Monday after a laid-off miner confronted her over comments she made weeks ago about putting the coal industry “out of business.” The exchange during a visit to
Hillary Clinton: “We Are Going to Put a Lot of Coal Miners & Coal Companies Out of Business”
May 4, 2016
Promising economic revitalization via “clean renewable energy” if elected president, Hillary Clinton declared that she would “put a lot of coal miners and coal companies out of business.” Speaking at the CNN-hosted Democratic town hall event in Columbus, Ohio, Clinton
Pershing Gold Initiates Pre-Feasibility Level Studies at Relief Canyon Mine, Nevada
May 4, 2016
Pershing Gold Corporation has provided an update on the progress to production at its Relief Canyon Mine in Pershing County, Nevada. “This second quarter is a pivotal time for Pershing Gold. For more than a year now, we have been
Preston Executes Lease Agreement to Bring Gold Mine Back into Production, California
May 4, 2016
Preston Corp, through its agent Western Mine Development LLC, has executed a preliminary lease agreement on a gold mine in California. The project is a placer mine and historic gold producer located in the Sierra Nevada Mountains north of Sacramento.
Sayona Mining to Acquire Glen Eagle Resources’ Authier Lithium Deposit for $4 Million, Canada
May 4, 2016
Sayona Mining Ltd’s has signed a binding agreement with Glen Eagle Resources to acquire the Authier lithium deposit in Quebec, Canada for CAD$4 million (A$4.15 million). The acquisition of Authier, which will be finalized after a 60-day due diligence period,
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