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Wallbridge Mining and Balmoral Resources Enter Definitive Agreement to Merge
March 4, 2020
Wallbridge Mining Company and Balmoral Resources have entered into a definitive agreement following the signing of a letter. Wallbridge will, among other things, acquire all of the issued and outstanding shares of Balmoral, in an all-stock transaction. “This strategic transaction
Copper Mountain Mining Achieves “AA” TSM Rating for Tailings Management
March 4, 2020
Copper Mountain Mining Corporation has achieved a “AA” rating for its tailings management under the Towards Sustainable Mining (TSM) standards. The third party audit for Copper Mountain’s tailings management was completed by Klohn Crippen Berger Ltd. The company has wholly
Senators Murkowski and Manchin Introduce Major Energy Legislation
March 3, 2020
Senators Lisa Murkowski (R-Alaska) and Joe Manchin (D-W.Va.) have introduced a long-awaited energy package that’s shaping up to be the best chance this year for passing legislation to expand the use of cleaner forms of energy. The American Energy Innovation
Trump Administration Resuming Coal Leasing on Public Lands
March 3, 2020
The Trump administration announced on Wednesday that it will be resuming coal leasing on public lands, angering conservationists. The Bureau of Land Management said in a statement that it had completed an environmental assessment and found no significant impact from
Modular Mining Expands Corporate Headquarters in Tucson with New Customer Experience Center
March 3, 2020
Modular Mining, the global leader in the delivery of real-time computer-based mine management solutions, unveiled its new Customer Experience Center (CEC) during a ribbon cutting ceremony today. Located in the company’s corporate headquarters in Tucson, Arizona, USA, the CEC’s opening
Wyoming Lawmakers Advance Legislation for Tax Break for Coal Exports
March 3, 2020
Wyoming lawmakers advanced legislation Monday that would give the state’s coal companies a tax break on coal shipped overseas through ports in Canada and Mexico. The sponsors of the bill believe the effort could help Powder River Basin coal avoid
W. Va. State Senate Passes Bill Offering Tax Break for Aging Coal-fired Power Plants
March 3, 2020
The state Senate unanimously passed a bill providing a tax break for coal-fired power plants. Senate Bill 793 passed 34-0 and now goes to the House of Delegates. A similar bill already passed out of the House Energy Committee earlier
JPMorgan Cuts Back Lending to Coal Companies and Arctic Drillers
March 3, 2020
JPMorgan Chase & Co. will no longer do business with coal companies and will restrict financing to companies that drill in the Arctic, the company announced Tuesday. The announcement came in tandem with the bank announcing it would extend $200
Navajo Transitional Energy and Gov’t Reach Agreement on Newly Acquired Tennessee Mines
March 3, 2020
A Navajo tribal company has reached an agreement that would allow the U.S. government to enforce environmental laws at recently acquired mining properties in Tennessee. Navajo Transitional Energy Company has agreed to a limited waiver of sovereign immunity, the company
Great River Energy Mulling Future of Its Coal Creek Power Plant, North Dakota
March 3, 2020
Even coal-fired plants with a coal mine next door can have economic woes these days. Maple Grove-based Great River Energy — Minnesota’s second-largest electricity provider — is mulling the future of its big Coal Creek power plant, with early closure
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