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Arch Coal Secures Global Settlement, Facilitates Consensual Completion of Financial Restructuring
July 11, 2016
Arch Coal, Inc. has secured a global settlement with certain of its senior secured lenders that hold more than 66 2/3 percent of its first lien term loan and the Official Committee of Unsecured Creditors (UCC). The company has filed
Dominion Diamond to Proceed with Development of Jay Project, Canada
July 11, 2016
Dominion Diamond Corporation will proceed with the development of the Jay Project based on the positive results of a feasibility study (FS) and subsequent revised project schedule and life-of-mine plan. The Jay Project is located within the Buffer Zone Joint
GE’s Fairchild Mining Equipment Plant in Glen Lyn, Virginia to Close
July 11, 2016
Another manufacturing facility in the area dependent on the coal mining industry is closing. GE’s Fairchild Mining Equipment plant in Glen Lyn, Va. will close within six to 12 months, the company said Wednesday, impacting 59 employees. Cathy Heiman, communications
MSHA Awards $8.4 Million in Mine Safety Training Grants
July 11, 2016
The West Virginia Office of Miners’ Health, Safety and Training will receive more than $524,000 in federal funds for training courses aimed at reducing mining accidents, injuries and illnesses. The Mine Safety and Health Administration announced the grants Wednesday. MSHA
Dos Republicas Receives Wastewater Discharge Permit and Expansion Approval for Its Coal Mine, Texas
July 11, 2016
After almost two years of hearings, protests and legal maneuvers, state environmental regulators have approved a wastewater permit that will allow the expansion of a controversial coal mine two hours southwest of San Antonio. The Texas Commission on Environmental Quality,
Dominion Diamond’s Ekati Diamond Mine Process Plant Repairs to Take Three Months, Cost C$25 Million
July 8, 2016
Dominion Diamond Corporation has reported that after further review of the repairs required at the Ekati Diamond Mine process plant from the fire that occurred on June 23rd, it continues to estimate that repairs will take approximately three months from
BLM Weighs Energy Fuels’ Daneros Uranium Mine Expansion, Utah
July 8, 2016
A now idled uranium mine could increase its physical footprint by more than tenfold under a proposed expansion under review by the Bureau of Land Management. The Daneros Uranium Mine in southeast Utah, once called the Denison Mine, would supply
Decline in Mining Sector Steepest in Wyoming’s History
July 8, 2016
Wyoming lost nearly 8,700 jobs from the first quarter of 2015 to the first quarter of 2016, according to a new report from the state’s Economic Analysis Division. Of those, about 5,500 were in the mining and logging industries, and
Alpha Natural Resources Edges Closer to Mine Clean Up Deal with Government
July 8, 2016
Alpha Natural Resources said on Wednesday it expects to reach a deal with the U.S. government over responsibility for the cost of cleaning up mining sites, removing one of the most significant hurdles to the coal company’s exiting bankruptcy. Over
SME Issues Technical Briefing Addressing Mining Industry Commitment to Social Responsibility
July 6, 2016
The Government and Public Affairs Committee (GPAC) of the Society for Mining, Metallurgy & Exploration Inc. (SME) has issued the technical briefing paper, “The Mining Industry and Sustainable Development.” This paper, along with the others developed by GPAC, is designed
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