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Obama, the EPA, and Vanishing Jobs in the Coal Sector
March 4, 2016
The mining and coal industries lost tens of thousands of jobs last year alone according to federal data, mostly due to federal regulations and low-priced natural gas. Mark Perry, a scholar at the American Enterprise Institute, aggregated data from the
Foresight Energy to Temporarily Seal Deer Run Mine, Illinois
March 4, 2016
Owners of the Deer Run Mine near Hillsboro now want to temporarily seal the coal mine after more than a year of unsuccessfully fighting a smoldering underground fire. State regulators, meanwhile, are preparing to consider an application from the mine’s
Firma Acquires Fully Permitted Magistral Tailings Project, Mexico
March 3, 2016
Firma Holdings Corp.‘s subsidiary, American Metal Mining, S.A. de C.V., has purchased and taken control of the Magistral Del Oro tailings project, which is located in what is known as the “Golden Triangle” in Santa Maria Del Oro, Durango, Mexico.
MAG Silver Secures $65 Million for Development of Juanicipio Project, Mexico
March 3, 2016
MAG Silver Corp. has secured $65 million for development of the Juanicipio Project. The company completed its previously announced bought deal financing and has issued 8,905,000 common shares at US$7.30 per share, for gross proceeds of US$65,006,500. The company intends
Rockhaven Resources Completes PEA for Klaza Gold-Silver Property, Southern Yukon
March 3, 2016
Rockhaven Resources Ltd. has completed a preliminary economic assessment (PEA) for its 100 percent-owned and road-accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. The results of the PEA include a pre-tax net present value (NPV)
Discovery Ventures Receives Permit for Its Willa Gold-Copper-Silver Underground Mine, B.C.
March 3, 2016
Discovery Ventures Inc. has planned activities on the Willa Gold, Copper, Silver Deposit for 2016. Discovery has received a permit to mine a 10,000 tonne bulk sample and is presently working with the different ministries to apply for a small
New Jersey Mining to Assume Control of Permitting, Management at Butte Highlands Gold Project, Mont.
March 3, 2016
New Jersey Mining Company (NJMC) has signed a memorandum of understanding (MOU) to modify the operating agreement that governs management of the Butte Highlands Gold Project, a high-grade, underground gold mine near Butte, Montana. NJMC and Highland Mining LLC each
Integra Gold Names Five Finalists in $1 Million Gold Rush Challenge, Canada
March 3, 2016
Integra Gold Corp. has named five finalists for the $1 million Gold Rush Challenge. The live finale charity event will take place on Sunday, March 6, 2016 at the Carlu in Toronto during the Prospectors and Developers Association of Canada
March 3-4: Nevada Mining Auctioning Off Mining Equipment at Its Coyote Gold Mine, Nevada
March 3, 2016
The Coyote has gone quiet once again in Searchlight. Just a few years after it reopened, the gold mine some expected to breathe new life into Harry Reid’s hometown 60 miles south of Las Vegas is selling off its equipment
Strateco Adds $10 Million in Punitive Damages to Its $190 Million Claim Against Quebec Government
March 2, 2016
Strateco Resources Inc. amended its motion to institute proceedings with the Superior Court of Quebec on February 23, 2016 in order to claim $10 million in punitive damages from the Attorney General of Quebec. This amount is in addition to
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