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Barrick Gold Proposes to Acquire Newmont Mining for $18 Billion
February 28, 2019
According to Barrick Gold, its proposed combination with Newmont Mining will create a major gold company in the world with revenues of about $15.6 billion. The proposed merger could unlock over $7 billion net present value (pre-tax) of real synergies,
Methane Forces Evacuation at Ciner Wyoming’s Soda Ash Mine
February 28, 2019
Ciner Wyoming LLC employees were evacuated Saturday after monitors detected elevated methane levels, according to a company press release. “We evacuated all personnel from the mine and turned off the power due to the elevated levels of methane,” it states.
Bill to Keep Coal Plants Open Nears Finish Line
February 28, 2019
A bill seeking to keep retiring coal plants alive has passed third reading out of Wyoming’s House of Representatives today: 50-8-2. It would obligate utilities to look for another potential buyer in good-faith and accept any reasonable offer. The Wyoming
Sabine Mining Receives Award for Wildlife Habitat Reclamation, Texas
February 28, 2019
The Texas Railroad Commissioners on Tuesday awarded the Sabine Mining Co. the Commission’s 2019 Reclamation Award. The company was recognized for restoring more than 3,400 contiguous acres of mined land in Harrison County into native grass habitat for bobwhite quail,
Gold Company Says EPA is Mishandling Colorado Mining Cleanup
February 28, 2019
A gold company said the U.S. Environmental Protection Agency is mismanaging the Superfund cleanup of nearly 50 old mining sites in southwestern Colorado and should be removed as the agency in charge. Sunnyside Gold Corp., which owns mining property in
Grand Jury Indicts Coal Official With Conspiring to Break Dust-sampling Rule, Kentucky
February 28, 2019
A coal-company manager took part in cheating on tests designed to protect miners from contracting deadly black lung disease, a federal grand jury has charged. The grand jury issued a new indictment adding Glendal “Buddy” Hardison to a group of
Congressman Grijalva Introduces Bill to Permanently Ban New Mining Activity Near Grand Canyon
February 28, 2019
Over the weekend, U.S. Congressman Raúl Grijalva announced at a press conference that he would be introducing a bill to permanently ban new mining activity in the vicinity of the Grand Canyon a few days before the Grand Canyon centennial
West Virginia Mining Symposium Recognizes Companies with Safety and Reclamation Awards
February 27, 2019
The West Virginia Coal Association convened its 46th annual West Virginia Mining Symposium last month and celebrated the safety and reclamation achievements of mining industry operations across the state. “West Virginia’s coal industry continues to show its resilience and commitment
B.C. Gov’t to Spend $20 Million to Hire Safety Officials, Improve Mine Permit Process
February 26, 2019
B.C.’s mines minister says the Mount Polley tailings pond collapse is behind changes to increase safety and regulation enforcement in provincial mining operations. Michelle Mungall said Monday the government will spend $20 million over the next three years to hire
Pan American Silver Completes $1 Billion Acquisition of Tahoe Resources
February 26, 2019
Pan American Silver has completed its $1.07 billion worth acquisition of U.S.-based mid-tier precious metals company Tahoe Resources. Through the acquisition of Tahoe Resources, the Canadian mining company hopes to create a major silver mining company. Last month, the Supreme
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