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Wallbridge Mining to Acquire Balmoral Resources’ Fenelon Gold Project for $3.6 Million, Quebec
June 1, 2016
Wallbridge Mining is pleased to announce that it has entered into a binding Letter of Intent (“LOI”) dated May 24, 2016 (the “Agreement Date”) to acquire 100 percent of the Fenelon Gold Property (“Fenelon Mine Property”) from Balmoral Resources Ltd.
Cliffs Natural Resources, Minnesota Power Sign $31 Million Power Supply Agreement for Silver Bay
June 1, 2016
Cliffs Natural Resources and Minnesota Power announced a multi-year power supply deal and other agreements Tuesday that will see the Duluth-based utility add Northshore Mining to its portfolio of giant electricity-gobbling clients. Under the deal, Minnesota Power will supply electricity
NMA: Technology and Innovative Practices Leading to Record Mine Safety Improvement
June 1, 2016
The House Subcommittee on Energy and Mineral Resources has examined an important but seldom recognized aspect of technological innovation — the impact of technologies on modern mining practices. Advances in high-speed, wireless and environmental monitoring technologies have shaped modern mining
PotashCorp’s Social Media Challenge Nets $150,000 for Regina Hospitals Foundation, Saskatchewan
June 1, 2016
Potash Corporation of Saskatchewan Inc. (PotashCorp) has donated $150,000 to Regina’s Z99 Radiothon. This brings PotashCorp’s total donations to Z99 Radiothons to $700,000 since 2012. The annual radiothon raises funds to purchase new equipment to improve treatment at the Neonatal
Colorado Congressman Tipton Encouraged with Coal Study
June 1, 2016
A U.S. Forest Service study of the effects of mining coal in the North Fork Valley on the global climate meets requirements set by a federal court, U.S. Rep. Scott Tipton, R-Colo., said he was told by the head of
Virginia Conservation Legacy Fund Idles Federal No. 2 Coal Mine, W. Va.
June 1, 2016
Work is at a standstill at the Federal No. 2 Mine in Monongalia County. The mine has been idled as owners try to find buyers for 380,000 tons of coal already on the ground. Virginia Conservation Legacy Fund, which owns
Donald Trump Pledges to Rip Up Paris Climate Agreement in Energy Speech
June 1, 2016
In a rare prepared speech, Donald Trump outlined his energy policy in Bismarck, North Dakota. Trump is known for bucking conservative orthodoxy but, on Thursday, the presumptive Republican presidential nominee largely hewed to the typical Republican line. Reading from a
Great Lakes Graphite Readies to Commission Matheson Micronization Facility, Ontario
May 31, 2016
Great Lakes Graphite Inc. (GLK) has recently completed end-to-end commercial transactions from order to delivery with two local customers, marking completion of a key initial step in the transition of the company towards becoming a commercial enterprise. Each of the
Lighthouse Resources Acquires Arch Coal’s Interest in Millennium Bulk Terminals, Washington
May 31, 2016
In a move that underscores its commitment to providing optimal supply chain solutions for the energy industry and to expanding trade through Washington state, Lighthouse Resources Inc. intends to secure 100 percent ownership of Millennium Bulk Terminals-Longview in Longview, Washington.
Northern Vertex and Patriot Gold Complete Ownership Consolidation of Moss Gold-Silver Mine, Arizona
May 31, 2016
Northern Vertex Mining Corp. and Patriot Gold Corp. have completed the agreement, whereby Northern Vertex would purchase Patriot Gold’s remaining 30 percent working interest in the Moss Gold/Silver Mine for C$1,500,000 plus the retention by Patriot of a 3 percent
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