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KWG Resources Applauds Canadian Government Budget Support for Ring of Fire Project
March 28, 2016
The Government of Canada made allocations in the budget that will assist KWG Resources Inc. in the development of the Ring of Fire. As reported by the Mining Association of Canada, the budget addressed a number of issues that it
Sunrise Coal Acquires Triad Mining’s Freelandville Mining Complex for $18.25 Million, Indiana
March 24, 2016
Sunrise Coal, LLC has completed the purchase of certain underground coal reserves and a coal sales agreement associated with Triad Mining, LLC‘s Freelandville mining complex. Triad is a wholly owned subsidiary of Blackhawk Mining, LLC based in Lexington, Kentucky. The
Arizona Mining Raises $15.6 Million to Advance Taylor Deposit
March 24, 2016
Arizona Mining Inc. has entered into a term sheet with Osisko Gold Royalties Ltd. for a 1 percent net smelter royalty on any lead/zinc/silver sulfide ores mined from its Hermosa Project for proceeds of $10.0 million. In addition, Osisko and
AuRico Metals Completes Feasibility Study for Kemess Underground Gold-Copper Project, B.C.
March 24, 2016
AuRico Metals Inc. has completed a feasibility study (FS) update for the Kemess Underground (KUG) project located on the company’s 100 percent-owned Kemess property in British Columbia, Canada. The FS contemplates the development of a low-cost panel caving operation to
Copper North Mining Advances PEA for Carmacks Copper-Gold-Silver Project, Yukon
March 24, 2016
Copper North Mining Corp has begun a new preliminary economic assessment (PEA) for the Carmacks copper-gold-silver deposit in Yukon. The PEA should be completed in early May 2016. Copper North is progressing with a new PEA that reflects the new
MSHA’s Joe Main Highlights Dramatic Accomplishments, Challenges in Mine Safety
March 24, 2016
Assistant Secretary of Labor for Mine Safety and Health Joseph A. Main has highlighted the measurable improvements that have taken place in mine safety and health in the past five years. His remarks came at the 2016 National Stone, Sand
NatureWorks’ New Laboratory to Research, Develop Commercial Methane to Lactic Acid Fermentation
March 23, 2016
The new $1 million 8,300 square-foot laboratory at NatureWorks world headquarters is the latest milestone in the company’s multi-year program to commercialize a fermentation process for transforming methane, a potent greenhouse gas, into lactic acid, the building block of Ingeo™
Obama Rejects William Koch’s Royalty Refund Request on Colorado Coal Mine
March 23, 2016
The Obama administration has rejected a request by William Koch for royalty refunds on a now-closed mine that could have been worth up to $14 million. According to a report from Reuters, Koch’s Oxbow Carbon LLC closed the coal mine
Probe Metals Expands Land Package in West Timmins Area, Ontario
March 22, 2016
Probe Metals Inc. has acquired a 100 percent undivided interest in the Ross Property comprising 14 mining claims or 108 claim units originally staked by the late George Ross, a well-known and respected Timmins prospector, and now held by family
Goldstrike Files for Advanced Exploration Permit for Its Plateau Property, Canada
March 22, 2016
Goldstrike Resources Ltd. has filed for a 5 year advanced exploration permit, based on the strong drill results and interest in its new district-scale Plateau gold discovery. The advance exploration permit will cover all of the planned exploration activities that
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