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CONSOL Energy Moves Ahead With Coal Divestment Plans
March 10, 2017
CONSOL Energy Inc. said it has hired advisers to help push ahead with plans to divest its coal business in a transaction that, people familiar with the matter say, could be worth $2.8 billion or more. The energy company is
Arch Coal Increases Equity Ownership in Coal Export Terminal in Newport News, Virginia
March 9, 2017
Arch Coal, Inc. has expanded its equity share in Dominion Terminal Associates (DTA), a coal export terminal in Newport News, Virginia. The transaction will increase Arch’s percentage interest in the storage-to-vessel coal transloading facility from 22 percent to 35 percent
Paramount Gold Executes MOU With Regulators on Process to Permit Grassy Mountain Project, Oregon
March 9, 2017
Paramount Gold Nevada Corp. has entered into a memorandum of understanding (MOU) governing the preparation of a National Environmental Policy Act (NEPA) analysis for its wholly-owned Grassy Mountain Gold Project in Oregon. The MOU is a signed agreement among the
EPA Issues Draft Permits for Azarga Uranium’s Dewey Burdock Project, Colorado
March 9, 2017
Azarga Uranium’s wholly owned subsidiary, Powertech (USA) Inc, has received notice that the United States Environmental Protection Agency has issued two draft permits for the Dewey Burdock Uranium Project. The issuance of the draft permits represents the completion of a
PDAC Applauds Government of Canada’s Commitment to Support Capital Raising for Minerals Industry
March 9, 2017
The Honourable Jim Carr, minister of natural resources, announced the renewal of the Mineral Exploration Tax Credit (METC) for one year, along with the maintenance of the flow-through share system, during his address at the media reception at the PDAC
Arch Coal Closes $300 Million Senior Secured Term Loan Facility
March 9, 2017
Arch Coal, Inc. has successfully refinanced its senior secured term loan and, in response to strong demand and very attractive rates, has upsized the term loan to $300 million from the previously announced level of $250 million. The interest rate
W. Va. Attorney General Morrisey Meets with President Trump About Coal Mining
March 8, 2017
West Virginia Attorney General Patrick Morrisey discussed efforts to reinvigorate coal mining and eradicate the state’s opioid drug epidemic during a Tuesday meeting with President Donald Trump. The Attorney General visited the White House as part of this week’s Winter
Retired Coal Miners Fight to Rescue Health Benefits
March 8, 2017
To retired coal miners of America, the thought of losing their safety net — union promised health insurance and pensions — has them on desperation’s edge with Congress. If they don’t get federal bailout money to make up for these
Interior Secretary Zinke Promises Review of Federal Coal Leasing Program
March 8, 2017
Interior Secretary Ryan Zinke on Friday promised a comprehensive review of the federal coal leasing program, even as President Donald Trump moves to do away with a moratorium on coal leases on public lands. Trump, who has vowed to revitalize
President Trump to Sign Executive Orders to Roll Back Clean Power Plan, Mining Lease Moratorium
March 8, 2017
President Trump plans to sign an executive order this week that scraps two major Obama energy and climate regulations in one fell swoop. The presidential executive order aims to roll back the Clean Power Plan, the centerpiece of former President
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