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

Oroco Resource Acquires Altamura Copper

March 12, 2020

Canadian mineral exploration company, Oroco Resource has completed the acquisition of balance ownership of Altamura Copper. Through acquisition, Oroco secures the 100 percent ownership of Altamura as well as the outright control of the Santo Tomás porphyry copper project located

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Republicans Push Through Indiana’s Coal Bill, Heads to Governor’s Desk

March 12, 2020

Indiana’s coal bill is heading to the governor’s desk as legislation that would extend the life of the state’s coal-fired power plants for a year — following a seesaw battle between lawmakers over its major tenets. House Bill 1414 advanced

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Sunrise Coal Permanently Closes Carlisle Mine, Indiana

March 12, 2020

Sunrise Coal has permanently closed its Carlisle mining operation in Sullivan County in an effort to reduce financial losses. The announcement came Monday evening when the company posted its 2019 annual financial and operating results on its website. “After experiencing

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U.S. Mining Experts to Tour Donkin Mine as Concerns Mount Over Rockfalls, Canada

March 12, 2020

Mining experts from the United States will be touring the Kameron Collieries Donkin mine next week as a result of deep concern over recent rock falls. Scott Nauss, senior director of inspection and compliance for the Department of Labor, said

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Superior Silica Sands Given Green Light to Resume Operations After Emerging from Bankruptcy

March 12, 2020

A frac sand company has been given the green light to resume operations in Chippewa County after emerging from bankruptcy. Superior Silica Sands filed for bankruptcy last summer leaving an uncertain future for five operations in Chippewa and Barron counties.

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North Dakota’s AML Program Works to Clean Up Coal Mines that Predate Reclamation Laws

March 12, 2020

North Dakota will receive $2.8 million dollars from the federal Abandoned Mine Lands program this year. The money comes from a tax coal companies pay to take care of problems with mines that pre-dated modern reclamation techniques. North Dakota Public

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Newmont Successfully Sells Stake in Continental Gold for $260 Million in Cash

March 11, 2020

Newmont Corporation has successfully completed the sale of its 19.9 percent equity stake and convertible bond in Continental Gold Inc. for $260 million in cash. The sale was part of a contractual arrangement to support Zijin Mining Group’s acquisition of

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Pancontinental Resources Executes Mining Lease with Option to Purchase Former Brewer Gold Mine, SC

March 11, 2020

Pancontinental Resources Corporation has executed, with the Brewer Gold Receiver, an exclusive mining lease with option to purchase the highly prospective former Brewer Gold Mine property. Brewer is located 12 kilometers northeast along trend from the producing Haile Gold Mine

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School of Mines to Hold Open House March 21 for Prospective Students

March 10, 2020

High school students and their families are invited to South Dakota School of Mines & Technology on March 21 for the next Go to Mines open house. During Go to Mines, prospective students and their families will tour departments, residence

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Energy Storage Association Applauds Introduction of American Energy Innovation Act

March 10, 2020

The Energy Storage Association (ESA) is applauding Senate consideration of the American Energy Innovation Act (AEIA), which aims to increase the use of renewable energy and energy storage through investments and modernization of domestic energy laws. In a statement published

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