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Brixton Metals Closes Acquisition of Past Producer Langis Silver Mine, Ontario
February 4, 2016
Brixton Metals Corporation has completed the purchase and sale agreement with Canagco Mining Corp. to acquire a 100 percent interest in the claims comprising the past-producing Langis silver mine. The project is located in the historic Cobalt silver mining camp
Taseko Completes US$70 Million Secured Credit Facility
February 4, 2016
Taseko Mines Limited has entered into a US$70 million senior secured credit facility agreement with an affiliate of RK Mine Finance (Red Kite). “In addition to repaying the May 2016 loan, this facility strengthens our balance sheet with approximately US$40
Respirable Coal Mine Dust Rule Enters Second Phase of Implementation
February 4, 2016
Eighteen months after its landmark rule aimed at preventing black lung disease took effect, the Mine Safety and Health Administration is implementing Phase II. Beginning February 1, underground coal mine operators are required to collect an increased number of coal
Canarc Leases Permitted La Plata Processing Plant in Zacatecas, Mexico
February 4, 2016
Canarc Resource Corp. has signed a definitive agreement with the Zacatecas state government to lease and operate the permitted 500 tonne per day La Plata ore processing plant in the city of Zacatecas, Mexico, through its wholly owned Mexican subsidiary,
AZZ Acquires Assets of Nebraska-based Galvanizing Facility from Olson Industries
February 4, 2016
AZZ Inc. has acquired the assets of Alpha Galvanizing Inc., an Atkinson, Nebraska-based business unit of Olson Industries, Inc. Alpha Galvanizing has served steel fabrication customers that manufacture electrical utility poles, agricultural machinery, and industrial manufacturing components since 1996. The
Westmoreland Completes Acquisition and Financing for San Juan Mine, Mexico
February 3, 2016
Westmoreland Coal Company has completed its acquisition of the San Juan Mine in Farmington, New Mexico by its subsidiary Westmoreland San Juan, LLC (WSJ) for a purchase price of approximately $127 million. Westmoreland San Juan assumed operations at the mine
Walter Energy to Sell Remaining U.S. Assets to Seminole Coal Resources
February 3, 2016
Walter Energy, Inc. has signed an asset purchase agreement with Seminole Coal Resources, LLC, ERP Compliant Coke, LLC and ERP Environmental Fund, Inc. (Seminole) all related to ERP Compliant Fuels, LLC, an affiliate of Virginia Conservation Legacy Fund, Inc. (VCLF),
Klondex Receives BLM Approval for Environmental Assessment at Fire Creek Gold Property, Nevada
February 3, 2016
Klondex Mines Ltd. has received a signed decision record and a finding of no significant impact for the environmental assessment (EA) completed for its Fire Creek property in Nevada. “I am grateful to the BLM and our environmental team at
Nemaska Lithium Begins Construction on Phase 1 Lithium Hydroxide Plant, Quebec
February 3, 2016
Nemaska Lithium Inc. is set to begin construction on its Phase 1 Lithium Hydroxide Plant. The Phase 1 Plant is designed to produce 500 tonnes per year of high purity lithium hydroxide. Construction of the Phase 1 Plant will start
Stillwater Mining Approves Four Year Contract with Union
February 2, 2016
About 800 union miners at Stillwater Mining Co. have approved a new four-year contract. Scott McGinniss, of Columbus-based United Steelworkers local 11-0001, says the contract was approved Friday. McGinniss tells The Billings Gazette that the base pay for miners stays
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