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Taseko Files Civil Suit Seeking Damages in BC Supreme Court Over Its New Prosperity Project
February 15, 2016
Taseko Mines Limited has filed a civil claim in the BC Supreme Court against the Canadian federal government. The claim seeks damages in relation to the February 25, 2014 decision concerning the New Prosperity Project, a multi-billion dollar gold-copper deposit
Richmont Releases 2016 Operational Outlook
February 15, 2016
Richmont Mines Inc. has released 2016 estimates that include a potential increase in production of up to 22 percent from the cornerstone Island Gold mine that is expected to drive a decrease in all-in sustaining costs (AISC). In 2016, company-wide
Sierra Metals Reaches Federal Court Ruling on Litigation Pertaining to Its Bolivar Property, Mexico
February 15, 2016
Sierra Metals Inc. has reported a positive outcome in the legal dispute between Polo & Ron Minerals (P&R) and Dia Bras Exploration Inc., (the company’s previous name) and Dia Bras Mexicana a subsidiary of Sierra Metals, that holds its Bolivar
Georgia Power Plans Power Plant Retirements and Coal-to-Gas Conversions in Compliance Strategy
February 12, 2016
The Environmental Compliance Strategy for Georgia Power has included recently, in part for federal Mercury and Air Toxics Standards (MATS) compliance, a number of coal-fired power retirements and coal-to-gas conversions. The latest version of the strategy was filed on Jan.
Alpha Natural Resources Receives $500 Million Bid for Its Coal Mines
February 12, 2016
Alpha Natural Resources said it has received a $500 million offer from existing lenders for the potential sale of the bankrupt coal producer’s core assets. A filing Monday in U.S. Bankruptcy Court in Richmond said the unspecified lenders agreed to
Alpha Natural Resources’ Wyoming Mines Are on Auction Block
February 12, 2016
Alpha Natural Resources’ Wyoming mines are on the auction block. The bankrupt coal company said in court filings Monday it had received a $500 million offer from its secured creditors to buy the Virginia-based firm’s core assets, including the Belle
New Mexico Official Blasts EPA Over Colorado Mine Spill
February 12, 2016
The head of the New Mexico Environment Department is blasting the U.S. Environmental Protection Agency, saying federal officials are downplaying the long-term effects of the Gold King Mine spill. Environment Secretary Ryan Flynn on Wednesday told members of a state
BHP Billiton Signs Agreement with SaskPower for Carbon Capture and Storage Knowledge Center
February 12, 2016
BHP Billiton and Saskatchewan-based electricity provider SaskPower have signed an agreement to establish the BHP Billiton SaskPower Carbon Capture Knowledge Center to help advance Carbon Capture and Storage (CCS) as a means of managing greenhouse gas emissions. BHP Billiton will
Gold Standard Closes C$16.1M Investment With Goldcorp to Advance Railroad-Pinion Project, Nevada
February 11, 2016
Gold Standard Ventures Corp. has closed its private placement financing with Goldcorp Inc. for 16,100,000 common shares of Gold Standard at a price of C$1.00 per share for gross proceeds of C$16,100,000. Goldcorp now owns approximately 9.9 percent of the
Anaconda Acquires Another Gold Deposit and Project, Expands Its Reach in Newfoundland
February 11, 2016
Anaconda Mining Inc. has entered into an option agreement with Spruce Ridge Resources Ltd., to acquire a 100 percent undivided interest in the Viking property, which contains the Thor-Trend Gold Deposit. The Thor Deposit remains open for potential expansion along
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