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Fatality at Capstone Mining’s Cozamin Copper-Silver Mine in Zacatecas, Mexico
October 18, 2016
Capstone Mining Corp. has reported a fatal accident at its Cozamin Mine on Monday, October 10, 2016. A miner was struck by a piece of mobile equipment in transit in the Mala Noche Footwall Zone area. He was transported immediately
AMR to Acquire PEMCO Corporation
October 14, 2016
AMR, Inc. has signed a definitive agreement to acquire the PEMCO Corporation, a leading design, engineering, and manufacturer of electrical and power distribution equipment in Bluefield, VA. PEMCO provides custom electrical solutions to a wide variety of global industries including
Millrock Assembles Land Position in Goodpaster Mining District, Near Pogo Mine, Alaska
October 14, 2016
Millrock Resources Inc., through a series of purchase and option agreements and claim staking, has assembled a large land position covering high-potential gold targets in the Goodpaster Mining District, near the Pogo gold mine, in central Alaska. The Pogo Gold
Minnesota Power Reaches Five-Year Contract to Supply Electricity to U.S. Steel
October 14, 2016
Minnesota Power has reached a five-year agreement to supply electricity to U.S. Steel through at least December 2021. The largest taconite producer on Minnesota’s Iron Range, U.S. Steel owns the Minntac and Keetac taconite plants and mines on Minnesota’s Iron
Hillary Clinton Struggles to Explain Energy Policies in Recent Debate
October 14, 2016
Democratic presidential nominee Hillary Clinton struggled to answer a question posed by an audience member during Sunday night’s second presidential debate who asked how she would meet U.S. energy needs while not forcing more fossil fuel workers out or work.
Mining Deaths Fall to All-time Low in U.S.
October 14, 2016
There were 24 mining deaths across the United States between October 2015 and September 2016, the Labor Department reported Tuesday. That time frame represents the department’s fiscal year. It’s down 30 percent from the previous low set in 2013 when
Millrock Resources Acquires Kiska Metals’ Goodpaster Gold Project, Alaska
October 13, 2016
Kiska Metals Corporation has signed a definitive agreement regarding the sale of its non-core Goodpaster project in Alaska to Millrock Resources Inc. Highlights: • Kiska to receive a $32,000 cash payment upon execution of the agreement; • Kiska will be
Del Toro Silver Executes Option Agreement to Acquire Mt. Vernon Gold Mine, California
October 13, 2016
Del Toro Silver Corp. has signed an option agreement effective October 4, 2016 to acquire 100 percent of the Mt. Vernon Gold Mine. This past-producing mine is located near Downieville, in one of the richest districts in California’s Mother Lode
Noront Advances Development of Its Eagle’s Nest Mine in Ring of Fire, Canada
October 13, 2016
Noront Resources Ltd. has advanced development in the Ring of Fire, its exploration program and closed a recent private placement. RING OF FIRE DEVELOPMENT Noront continues to work closely with the provincial government and First Nation communities to gain commitment
Peabody Energy Obtains DIP Lender Approval to Amend Milestones Relating to CNTA
October 13, 2016
Peabody Energy has obtained approval from required debtor-in-possession (DIP) lenders to amend several milestones related to the time for a decision on what is known as the CNTA issue; the company’s deadline for filing of a plan of reorganization/disclosure statement;
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