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Coal Power Plant Retirements Surge Amid Changing Energy Industry
March 11, 2016
U.S. utilities retired power plants that generated nearly 18 gigawatts of electricity last year, with coal-fired plants taking more than 80 percent of the hit, according to an update from the Energy Information Administration on Tuesday. The loss in coal
Arch Coal Suspends Permitting Efforts for Otter Creek Reserves, Montana
March 10, 2016
Arch Coal, Inc. today said that it is suspending efforts to secure a mining permit for the Otter Creek coal reserves near Ashland in southeastern Montana, due to capital constraints, near-term weakness in coal markets and an extended and uncertain
Alpha Natural Resources Files Plan of Reorganization
March 10, 2016
Alpha Natural Resources, Inc. has filed a proposed Chapter 11 plan of reorganization and a related disclosure statement with the United States Bankruptcy Court for the Eastern District of Virginia. Together with the recently-filed motion seeking approval of a marketing
Engineering Group DRA to Acquire Met-Chem Canada
March 10, 2016
Engineering Group DRA International has agreed to acquire Met-Chem Canada Inc. from UEC Technologies LLC, which is part of United States Steel Corporation. Met-Chem is a consulting engineering company, headquartered in Montréal, Québec, which provides services including resource estimation, mine
Fitch: Met Coal Price Recovery Unlikely Over Near Term
March 10, 2016
Metallurgical (met) coal prices will likely remain weak over the near term, increasing only gradually in the coming years as market oversupply recedes, according to Fitch Ratings. Met coal prices have continued to fall in early 2016 with benchmark hard
Prospectors & Developers Association of Canada’s PADC Convention Exceeds 22,000 Attendees
March 10, 2016
Optimism and opportunity abounded at the PDAC 2016 Convention of The Prospectors & Developers Association of Canada in spite of recent industry challenges, indicating a positive shift in sentiment amongst the industry’s key players. A clear sense of industry confidence
Richwood Industries Receives ISO 9001:2008 Certification
March 10, 2016
Richwood Industries has received ISO 9001:2008 certification. This certification applies to the design and manufacture of conveyor accessories for a variety of industries. “We have always believed in continual improvement and functioned under a lean system. ISO certification is another
SME Conference & Exhibit in Phoenix Draws More Than 6,300 Attendees, Arizona
March 10, 2016
The 2016 Annual Conference and Expo of the Society for Mining, Metallurgy & Exploration Inc. (SME) was held at the Phoenix Convention Center Feb. 21-24, and brought together mining industry professionals from around the globe. More than 38 countries were
First Mining Finance to Acquire Brionor Resources’ Pitt Gold Property for CDN$1.25 Million, Quebec
March 9, 2016
First Mining Finance Corp. and Brionor Resources Inc. have entered into a purchase agreement pursuant to which First Mining has agreed to acquire the gold development property known as the Pitt Gold Property from Brionor for an aggregate purchase price
Orbite Close to Completion and Commissioning of Its HPA Plant, Quebec
March 9, 2016
Orbite Technologies Inc. has provided an update on its progress towards its HPA plant completion and commissioning. Construction: • The installation of critical system components, withheld by a supplier in breach of his contract, commenced on January 4 and was
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