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NEWS Click on text to read news by category: General | Product | People | Worldwide

Colorado Mining Company Agrees to Pay $1.6 Million Over 2015 Gold King Mine Disaster

December 14, 2021

A mining company and the state of Colorado have come to a $1.6 million settlement agreement in regard to the 2015 Gold King Mine spill outside of Silverton, which sent millions of gallons of yellow water and hundreds of thousands

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Ramaco Resources Acquires W.Va. and Virginia Assets from Coronado for $30 Million

December 13, 2021

Ramaco Resources has successfully completed the purchase of assets (Amonate Assets) from Coronado Global Resources. The acquisition, for a total cash consideration of $30 million, will be immediately accretive to the company beginning in 2022. The Amonate Assets acquired from

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DOE Lets National Coal Council Charter Lapse, W.Va. Rep. McKinley Fights Back with New Bill

December 13, 2021

Under the Biden Administration, the U.S. Department of Energy (DOE) allowed the nearly 40-year-old National Coal Council (NCC) charter to lapse in November 2021. DOE has since proposed a major overhaul to the charter, which includes gutting the NCC’s membership

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Revised Production Plan Improves Prospects for Tower Hill Mines’ Livengood Gold Prospect, Alaska

December 13, 2021

Years of fieldwork and a wholesale review of prior efforts have helped the owners of the large Livengood gold prospect draft a plan that should yield slightly less gold but at a lower cost, according to the latest analysis of

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Biden Issues Order to End Federal Financing of Overseas Coal Plants

December 13, 2021

President Joe Biden has issued an order to U.S. embassies to immediately end federal funding of coal plants and other high-carbon projects, according to new reports Friday. The diplomatic cable was sent last week and states: “Our international energy engagement

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Former Signal Peak Mine Official Admits Conspiring to Not Report Mine Accidents

December 13, 2021

A former official for Signal Peak Mine, which operates an underground coal mine near Roundup, admitted Thursday that he conspired with others to not report work-place accidents that injured employees, said U.S. Attorney Leif M. Johnson. Dale Lee Musgrave, 52,

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Former Coal Mine in Martin County to Become Solar Energy Facility, Kentucky

December 13, 2021

A solar energy facility is coming to Eastern Kentucky. Savion, an energy company based in Kansas City, Missouri, intends to put solar panels on an abandoned coal mine site in Martin County. Construction is expected to begin next year, and

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Komatsu Mining Deploys Booms to Contain Waste-oil Spill in Local Rivers, Milwaukee

December 13, 2021

Komatsu Mining said Thursday it was continuing cleanup work this week on a spill of waste oil at its West Milwaukee plant and plans to place absorbent containment booms in the Menomonee, Kinnickinnic and Milwaukee rivers and in a tributary

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Kinross Gold to Acquire Great Bear Resources for $142 Billion

December 10, 2021

Kinross Gold has agreed to acquire Great Bear Resources, a publicly-listed Canadian gold exploration company, for an upfront consideration of C$1.8 billion ($1.42 billion). Great Bear is focused on advancing its fully-owned Dixie gold exploration project in Northwestern Ontario, Canada.

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Alta Equipment Group Acquires Midwest Mine Services

December 10, 2021

Alta Equipment Group has entered into a definitive agreement to acquire Midwest Mine Services, a privately held company headquartered near Toledo, Ohio. Midwest Mine Services designs, fabricates, and installs full aggregate processing plants for quarries, mines, and recycling operations throughout

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