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NewCastle Gold Consolidates Royalties with Franco-Nevada for $3.4 Million
April 12, 2016
NewCastle Gold Ltd. has entered into an agreement with Franco-Nevada Corporation, whereby NewCastle and Franco-Nevada have agreed to create, in return for a cash payment of approximately $2.2 million, a new 2.65 percent royalty covering all of NewCastle’s Castle Mountain
Preliminary MSHA Data Indicate 2015 Was Safest Year in Mining History
April 12, 2016
The U.S. Department of Labor’s Mine Safety and Health Administration has released preliminary data for calendar year 2015, updating the “Mine Safety and Health at a Glance” page. The charts include information on inspections, violations and number of mines and
Mexus Readies Materials and Equipment for Heap Leach Pad for Its Julio/Santa Elena Property, Mexico
April 12, 2016
Mexus Gold US has received the first shipment of liner for its 10,000 ton test heap leach pad at the Julio/Santa Elena property. In addition, the company transported and installed a 30 foot insulated lab trailer. This lab will be
MSHA Releases Notice to Coal Operators Regarding Respirable Dust Sampling and Proximity Detection
April 12, 2016
Due to a recently discovered interference problem between proximity detection systems and respirable dust sampling devices, MSHA is temporarily delaying its own respirable coal mine dust sampling, and the requirement that coal mine operators conduct respirable coal mine dust sampling,
Colorado Senators Send Letters to Jewell to Finalize Environmental Assessment for Trapper Coal Mine
April 12, 2016
Two U.S. Senators from Colorado sent letters to U.S. Secretary of the Interior Sally Jewell on Wednesday, urging her to finalize the environmental assessment for Trapper coal mine in Moffat County before the April 30 deadline. “We write today to
West Virginia Senator Manchin Urges Bill to Make Coal Mines Safer, Hold Operators Accountable
April 12, 2016
Just a day after former coal executive Don Blankenship was sentenced to a year in prison for conspiring to willfully violate mine safety laws, West Virginia Sen. Joe Manchin, D-W.Va., nudged a Senate committee to take action on legislation to
Court Approves Restart of Navajo Coal Mine, New Mexico
April 12, 2016
The U.S. Court of Appeals for the 10th Circuit in Denver has vacated and dismissed last year’s federal court decision that halted operations in Area IV North at the Navajo Mine. On Wednesday, a three-judge panel dismissed an appeal the
SunCoke Energy Divests Its Coal Business for $10.3 Million
April 12, 2016
SunCoke Energy, Inc. has divested its coal mining business to Revelation Energy, LLC in a transaction that includes substantially all of SXC’s remaining coal mining assets, mineral leases, real estate and mining reclamation costs. Under the terms of the deal,
Former Coal CEO Don Blankenship to Appeal Verdict in W. Va. Mine Explosion
April 12, 2016
While he appeals a decision that served him a one-year prison sentence, former coal company executive Don Blankenship has paid his $250,000 fine. According to a U.S. District Court filing, the wealthy ex-Massey Energy CEO paid the fine in Charleston
New Bill to Provide $100 Million to Retrain Laid-off Coal Miners, W. Va.
April 12, 2016
New legislation to help displaced coal miners, introduced by Third District Congressional Rep. Evan Jenkins (R-W.Va.), would earmark $100 million over the next five years for retraining. Jenkins made the announcement of the Assisting America’s Dislocated Miners Act Thursday at
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