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Officials Seize Mining Equipment Over Back Taxes at Black River Coal’s Mine in Virginia
March 9, 2016
Tazewell County officials have seized more than $850,000 of equipment at a coal mine owned by West Virginia gubernatorial candidate Jim Justice for failure to pay property taxes. Tazewell County Treasurer David Larimer tells the Bluefield Daily Telegraph that
Decline of Coal Severance Tax Felt Throughout Mining Communities, W. Va.
March 9, 2016
People in West Virginia’s coal mining communities have been feeling the decline of the coal industry for a few years now, but now some said it could get worse because of a bill the Senate passed. Coal mining counties get
Bill Changes Safety Checks on Coal Mine Hoisting Devices
March 9, 2016
Safety checks would be reduced on the hoisting devices used to transport workers and supplies in some underground coal mines, under a bill that is moving through the West Virginia Legislature with support from the coal industry and the United
JPMorgan Latest Bank to Pull Funding for Coal Projects
March 9, 2016
JPMorgan Chase & Co. became the latest big bank to pull back from coal. The New York bank will no longer finance new coal mines around the world and will end support for new coal-fired power plants being developed in
Strongbow to Acquire Teck’s Mactung and Cantung Royalties in the Yukon, Canada
March 8, 2016
Strongbow Exploration Inc. has reached an agreement with Teck Resources Limited to purchase Teck’s royalty interest on the Mactung and Cantung projects located in the Yukon and Northwest Territories. The Mactung royalty is a 4 percent net smelter returns royalty
Sunrise International Resources to Acquire Canadian Orebodies’ Crescent Lake Lithium Project
March 8, 2016
Canadian Orebodies Inc. has entered into an option agreement to sell its 100 percent interest in the Crescent Lake Project which comprise the Zigzag and Falcon Lake lithium properties to Sunrise International Resources Ltd, a subsidiary of Argonaut Resources NL.
Sprott Mining Named to Operate and Manage Inventus’ Pardo Gold JV Project, Canada
March 8, 2016
Inventus Mining Corp. has named Sprott Mining Inc. to act as operator to manage the Pardo Joint Venture between Mount Logan Resources Ltd. and Endurance Gold Corporation. Mount Logan is owned 100 percent by Inventus and owns 64.5 percent of
Denison Enters Three Year Management Services Agreement with Uranium Participation Corp.
March 8, 2016
Denison Mines Corp. has entered into a new three year agreement (MSA) to provide management services to Uranium Participation Corporation (UPC). The MSA will take effect on April 1, 2016, at the conclusion of the current MSA between UPC and
Eurasian Minerals Agrees to Purchase NSR Royalties for Maggie Creek, Afgan Gold Properties, Nevada
March 8, 2016
Eurasian Minerals Inc. has executed a purchase agreement for net smelter return (NSR) royalty interests on the Maggie Creek and Afgan gold properties from Golden Predator US Holding Corp., a wholly-owned subsidiary of Till Capital Ltd. (TCL). Golden Predator owns
Canada Carbon Commences with PFS for Miller Graphite Mine, Montreal
March 8, 2016
Canada Carbon Inc. has begun a pre-feasibility study on the portion of the Miller property that was the subject of the PEA and resource estimate. The company has already completed a 47 hole, 3,405.5 meter in-fill drill program to provide
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