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Pershing Gold Raises $6 Million to Advance Relief Canyon Mine, Nevada
March 30, 2016
Pershing Gold Corporation has raised $6 million to advance the Relief Canyon project. Pershing Gold closed on a private placement with Donald Smith Value Fund, L.P. for the sale of 1,850,000 units, at a price of $3.25 per unit, for
Closure Preparation Activities Underway at All 29 Georgia Power Coal Ash Ponds
March 30, 2016
Georgia Power has preparation activities currently underway to permanently close all of the company’s 29 ash ponds located at 11 coal-fired generation facilities across the state. Twelve ponds are scheduled for closure in less than two years; 16 are expected
EPA Tries to Extract Wealth of Records from Stalled Pebble Mine, Alaska
March 30, 2016
A federal agency is pushing back in a court fight over the stalled Pebble mine, suggesting that the project’s troubles stem from falling gold and copper prices, not government actions. With development on hold, Pebble Limited Partnership’s effort has shifted
Consumers Energy to Close Seven Coal-fired Power Plants in Michigan
March 30, 2016
Consumers Energy plans to close seven coal-fired plants in Michigan, US which have a combined power generation capacity of 1000MW, following more than 60 years of operation. The closure of the power plants, which are together called ‘Classic Seven’, comes
White Rock Minerals Expands Its Tenement Package at Red Mountain Project, Alaska
March 30, 2016
White Rock Minerals Ltd has expanded its highly prospective tenement package at the Red Mountain Project in central Alaska containing polymetallic mineralization rich in zinc, silver, lead and gold. An additional 85 mining claims have been added to the original
Centrus Signs $32.3 Million Uranium Centrifuge Technology Advancement Contract, Tennessee
March 29, 2016
Centrus Energy Corp. has signed a new U.S. Centrifuge Technology Advancement contract with UT-Battelle, LLC, as operator of the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL). Under the terms of the agreement, Centrus will continue to perform engineering
Explor Resources Signs MOU With First Nations for Its Kidd Township Property, Ontario
March 29, 2016
Explor Resources Inc. has signed a memorandum of understanding (MOU) with the Matachewan First Nation of Matachewan, Ontario and the Mattagami First Nation of Gogama, Ontario, with respect to the Kidd Township Property. The MOU sets out the areas in
Terex to Move Forward on Acquisition Negotiations With Zoomlion Heavy Industry Science & Technology
March 29, 2016
Terex Corporation has received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology Co. to acquire all of the outstanding shares of Terex for $31.00 per share in cash. The proposal is conditioned on, among other things, receipt
PDAC Welcomes Measures to Support Canada’s Mineral Exploration and Development Sector
March 29, 2016
The Prospectors & Developers Association of Canada (PDAC) has applauded the Government of Canada for taking steps to support the sustainable development of Canada’s mineral resources, as announced in the federal budget. “PDAC is pleased with a number of initiatives
April 16: Illinois Church to Honor Workers Affected by Coal Mine Layoffs
March 29, 2016
It struck Dawn Horn as she was driving home after grocery shopping one recent day. How could she help those who have lost their jobs or been affected by layoffs during the past year at local coal mines? “My family
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