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Minnesota Executive Council Approves Mining Exploration Leases
March 4, 2016
Three mining companies looking for gold, silver, copper and other valuable metals in northern Minnesota were awarded exclusive rights to prospect on state-owned tracts thanks to action by top state officials Wednesday. The state’s Executive Council voted 4-1 to approve
Obama, the EPA, and Vanishing Jobs in the Coal Sector
March 4, 2016
The mining and coal industries lost tens of thousands of jobs last year alone according to federal data, mostly due to federal regulations and low-priced natural gas. Mark Perry, a scholar at the American Enterprise Institute, aggregated data from the
Foresight Energy to Temporarily Seal Deer Run Mine, Illinois
March 4, 2016
Owners of the Deer Run Mine near Hillsboro now want to temporarily seal the coal mine after more than a year of unsuccessfully fighting a smoldering underground fire. State regulators, meanwhile, are preparing to consider an application from the mine’s
Firma Acquires Fully Permitted Magistral Tailings Project, Mexico
March 3, 2016
Firma Holdings Corp.‘s subsidiary, American Metal Mining, S.A. de C.V., has purchased and taken control of the Magistral Del Oro tailings project, which is located in what is known as the “Golden Triangle” in Santa Maria Del Oro, Durango, Mexico.
Discovery Ventures Receives Permit for Its Willa Gold-Copper-Silver Underground Mine, B.C.
March 3, 2016
Discovery Ventures Inc. has planned activities on the Willa Gold, Copper, Silver Deposit for 2016. Discovery has received a permit to mine a 10,000 tonne bulk sample and is presently working with the different ministries to apply for a small
New Jersey Mining to Assume Control of Permitting, Management at Butte Highlands Gold Project, Mont.
March 3, 2016
New Jersey Mining Company (NJMC) has signed a memorandum of understanding (MOU) to modify the operating agreement that governs management of the Butte Highlands Gold Project, a high-grade, underground gold mine near Butte, Montana. NJMC and Highland Mining LLC each
Integra Gold Names Five Finalists in $1 Million Gold Rush Challenge, Canada
March 3, 2016
Integra Gold Corp. has named five finalists for the $1 million Gold Rush Challenge. The live finale charity event will take place on Sunday, March 6, 2016 at the Carlu in Toronto during the Prospectors and Developers Association of Canada
March 3-4: Nevada Mining Auctioning Off Mining Equipment at Its Coyote Gold Mine, Nevada
March 3, 2016
The Coyote has gone quiet once again in Searchlight. Just a few years after it reopened, the gold mine some expected to breathe new life into Harry Reid’s hometown 60 miles south of Las Vegas is selling off its equipment
Strateco Adds $10 Million in Punitive Damages to Its $190 Million Claim Against Quebec Government
March 2, 2016
Strateco Resources Inc. amended its motion to institute proceedings with the Superior Court of Quebec on February 23, 2016 in order to claim $10 million in punitive damages from the Attorney General of Quebec. This amount is in addition to
McEwen Mining Acquires Afgan-Kobeh Gold Property, Nevada
March 2, 2016
McEwen Mining Inc. has completed the purchase of the Afgan-Kobeh property in Nevada for $450,000 in cash. Afgan-Kobeh is an attractive acquisition for McEwen Mining because it hosts a near surface, oxide gold resource in close proximity to its Gold
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