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NEWS Click on text to read news by category: General | Product | People | Worldwide

U.S. to Consider Sharp Hike in Royalties from Coal Mines

March 29, 2016

Royalty rates on coal extracted from massive strip mines on public lands could increase 50 percent under a pending overhaul of a U.S. government program that critics say contributes to climate change, documents released Thursday show. The royalty hike was

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Cliffs Natural Resources to Shut Down Empire Mine by Year End, Michigan

March 29, 2016

This time, it’s official. The Empire Mine will close at the end of 2016. “We are shutting down the Empire Mine by the end of this year. So we will start the process of winding down operations and the warning

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Fatality at Arch Coal’s Huff Creek No. 1 Coal Mine, Kentucky

March 29, 2016

A man was killed Friday in a mining accident in Harlan County, Kentucky. Mark Frazier, 48, of Line Fork, Kentucky, was struck and killed by falling material around 8:15 a.m. as he was performing mine maintenance work at the Huff

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Black Diamond to Acquire Long Carbon Steel Mills in North America from ArcelorMittal

March 28, 2016

Black Diamond Capital Management, L.L.C.‘s affiliated investment vehicle has signed a definitive agreement with ArcelorMittal to acquire ArcelorMittal’s LaPlace, Louisiana; Harriman, Tennessee; and Vinton, Texas steelmaking and finishing operations focused on the production and sale of long carbon steel products

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Mitch McConnell Sends Letter to Governors Regarding Supreme Court’s Stay of Clean Power Plan

March 28, 2016

U.S. Senate Majority Leader Mitch McConnell wrote to the nation’s governors regarding the Supreme Court’s recent nationwide stay of the Obama Administration’s so-called “Clean Power Plan” (CPP) — a massive regulatory plan that will not have a meaningful impact on

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Kentucky Rep. Rogers Questions EPA Administrator about War on Coal at Hearing

March 28, 2016

During a budget hearing for fiscal year 2017 with the Environmental Protection Agency (EPA), U.S. Rep. Harold “Hal” Rogers (KY-05) questioned EPA Administrator Gina McCarthy about the Obama administration’s war on coal. “Good [coal] jobs are disappearing day by day,

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AME BC Welcomes Mineral Exploration Incentives in Federal Budget 2016

March 28, 2016

The Association for Mineral Exploration British Columbia (AME BC) welcomes incentives in the Government of Canada’s 2016 budget that assist mineral explorers and developers in British Columbia. The federal budget extends the Mineral Exploration Tax Credit (METC) through March 2017.

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Sunrise Coal Acquires Triad Mining’s Freelandville Mining Complex for $18.25 Million, Indiana

March 24, 2016

Sunrise Coal, LLC has completed the purchase of certain underground coal reserves and a coal sales agreement associated with Triad Mining, LLC‘s Freelandville mining complex. Triad is a wholly owned subsidiary of Blackhawk Mining, LLC based in Lexington, Kentucky. The

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AuRico Metals Completes Feasibility Study for Kemess Underground Gold-Copper Project, B.C.

March 24, 2016

AuRico Metals Inc. has completed a feasibility study (FS) update for the Kemess Underground (KUG) project located on the company’s 100 percent-owned Kemess property in British Columbia, Canada. The FS contemplates the development of a low-cost panel caving operation to

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MSHA’s Joe Main Highlights Dramatic Accomplishments, Challenges in Mine Safety

March 24, 2016

Assistant Secretary of Labor for Mine Safety and Health Joseph A. Main has highlighted the measurable improvements that have taken place in mine safety and health in the past five years. His remarks came at the 2016 National Stone, Sand

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