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Michael Fuljenz, America’s Gold Expert®, Makes Seven Fearless Forecast Predictions for 2016
January 5, 2016
Presidential election year politics will disrupt markets, leading to a strong year for physical gold and rare coins in 2016, and a drop in the Dow Jones stock market average, predicts Michael Fuljenz, an award-winning precious metals and numismatic writer
Duke Energy Reviews State’s Recommendations While Coal Ash Management Work Continues, North Carolina
January 5, 2016
Duke Energy has issued the following statement regarding initial ash basin classifications issued by the North Carolina Department of Environmental Quality (NCDEQ). We appreciate the work that has gone into developing these preliminary recommendations. We’re particularly interested in understanding how
Peabody Energy Amends Agreement with UMWA Regarding Patriot Retiree Healthcare Benefits
January 5, 2016
Peabody Energy has amended elements of its 2013 agreement with the United Mine Workers of America (UMWA) to resolve outstanding Patriot retiree healthcare benefit issues. This agreement improves Peabody’s expected 2017 cash flows by $70 million. Since 2013, Peabody has
United Steel Workers Delivers Message at Iron Range Jobs Summit, Minnesota
January 5, 2016
The director for USW District 11 joined a small group of taconite miners from the shutdown mines on Northern Minnesota’s Iron Range for a private jobs crisis leadership summit. The event was hosted by Gov. Mark Dayton. Strong statements were
Layoffs Expected at Murray Energy Coal Mines in W. Va. and Ohio
January 5, 2016
As we move into 2016, more than 500 coal miners will be laid off by Murray Energy. Officials are estimating the number of layoffs to land somewhere in the upper 500s, reaching over 600 including those from earlier this year.
Signal Peak Energy Lays Off 58 Coal Miners at Bull Mountain Mine, Montana
January 5, 2016
A Montana coal mine announced Wednesday that it laid off dozens of workers and is cutting production amid an industrywide slowdown that’s starting to impact the largest coal-producing region of the United States. Signal Peak Energy announced Wednesday that 58
Fatality at Greenbrier Minerals’s Lower War Eagle Coal Mine, W. Va.
January 5, 2016
State officials are investigating a fatal accident at an underground coal mine in southern West Virginia. The fatality involving a belt roller occurred early Monday at Greenbrier Minerals LLC’s Lower War Eagle Mine near Cyclone in Wyoming County, said West
First Mining Finance to Acquire Goldrush Resources
January 4, 2016
At a special meeting held on December 29, 2015, shareholders of Goldrush Resources voted nearly unanimously in favor of the plan of arrangement under which First Mining Finance will acquire each of all the issued and outstanding common shares of
Comstock Mining Completes Harris Portal Underground Exploration Drift at Lucerne Gold Mine, Nevada
January 4, 2016
Comstock Mining Inc. has completed the entire 800-foot underground exploration drift (Harris Portal) at the north end of the existing surface mining operation of the Lucerne underground exploration and underground drift development. The Harris Portal runs parallel to the previously
United Steelworkers Reaches Tentative Agreement with U.S. Steel
January 4, 2016
The United Steelworkers (USW) union’s bargaining committee reached a tentative agreement today on a new contract covering 18,000 workers at more than a dozen facilities across the United States, subject to ratification from the members of 26 local unions at
