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Despite Coal Woes, Peabody Energy Official Optimistic
April 1, 2016
The coal industry is struggling, but a spokesman for St. Louis-based Peabody Energy says neither coal nor the company is going away. Heavy debt loads are weighing on companies like Peabody that made acquisitions when coal prices peaked, prompting a
North Antelope Rochelle on Edge, as Peabody Energy Informs Some Not to Report to Work, Wyoming
April 1, 2016
Some employees at Peabody Energy’s North Antelope Rochelle Mine were told Tuesday not to report to work later this week, raising the possibility of layoffs at the nation’s largest coal mine. The two-sentence letters, hand-delivered to an unknown number of
House Natural Resources Committee Files Complaints Over Obama Administrations Stream Protection Rule
April 1, 2016
Members of a House Natural Resources Committee panel on Wednesday peppered a top Obama administration official with complaints over a proposed coal mining rule. Republicans said the Office of Surface Mining has shut states out of the rule-making process for
Feds Start Public-land Coal Review Process
April 1, 2016
Federal officials started the process Thursday toward a comprehensive environmental review of the way the government leases public land for coal mining. The Interior Department’s notice of intent for a Programmatic Environmental Impact Statement is the first part of what
Millrock Enters Option With Centerra Gold for Los Chinos and Los Cuarentas Gold Projects, Mexico
March 31, 2016
Millrock Resources Inc. has entered an option to joint venture agreement with Centerra Gold concerning its Los Chinos and Los Cuarentas gold projects in Sonora State, Mexico. “We are pleased to start this new partnership with Centerra Gold. It is
Kootenay Silver Acquires NSR from Coeur Capital on La Cigarra Project, Mexico
March 31, 2016
Kootenay Silver has signed an agreement with Coeur Capital, Inc. to acquire its 2.5 percent net smelter return royalty (NSR) on future production from Northair Silver Corp.‘s La Cigarra project, located in Chihuahua, Mexico. “We are very pleased to have
American Creek Resources Acquires Silvershot Property in BC’S Golden Triangle
March 31, 2016
American Creek Resources Ltd. has acquired the SILVERSHOT silver property located in the “Golden Triangle” near Stewart, British Columbia. The 235 hectare SILVERSHOT property is located approximately seven kilometers northeast of Stewart near the past producing Portland Canal Mine. BC
Torex Gold Resources Begins Commercial Production at Its El Limon-Guajes Mine, Mexico
March 31, 2016
Torex Gold Resources Inc. has achieved commercial production at its 100 percent owned El Limon-Guajes Mine (ELG) located in southwest Mexico, having operated for over 30 consecutive days at an average of 9,470 tonnes per day (tpd). “Achieving commercial production
Cyprium Mining Retains IMDEX/Cascabel as Technical Advisors for Potosi Silver Mine, Mexico
March 31, 2016
Cyprium Mining Corporation has retained International Mineral Development and Exploration Inc./Compañia Minera Cascabel S.A. de C.V. (IMDEX/Cascabel) as technical advisors for the development and exploration program at the company’s Potosi silver mine located in the historic Santa Eulalia mining district
Stillwater Mining Company Donates Underground Loader to Montana Tech
March 31, 2016
Stillwater Mining Company has donated an underground loader, MTI LT270 LHD, to Montana Tech. The donation will go to the mining engineering department and will be delivered on Friday, April 1, the first day of the International Mining Competition on
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