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Mexican Gold to Acquire Canadian Mining Exploration Firm New Found Gold
January 30, 2020
Mexican Gold, a Canadian based mineral exploration and development company, has proposed to acquire New Found Gold in an all-stock transaction. The two companies have entered into a binding letter agreement in this connection. Based in Toronto, Canada, New Found
Plato Gold to Acquire Rudy Wahl’s Pic River PGM Project, Canada
January 30, 2020
Canada-based exploration company Plato Gold has signed an option agreement with Rudy Wahl, to acquire 100 percent interest in the Pic River platinum group metals (PGM) project. Pic River PGM project is located in Foxtrap Lake and Grain Township of
Bankrupt Murray Energy Coal Company Still Banks on Trump
January 30, 2020
The Murray Energy Corp. may have filed for bankruptcy, but the coal company’s political action committee is still banking on President Donald Trump. New filings at the Federal Election Commission show the PAC for the Ohio-based company that declared bankruptcy
NARUC Releases White Paper on Impact of Coal-Fired Power Plants
January 30, 2020
The National Association of Regulatory Utility Commissioners (NARUC) released a white paper that examines the impacts of changes in the electricity generation mix on operating coal-fired power plants. Over the past two years, about 30 gigawatts of coal capacity having
Navajo Transitional Energy Says Deal in Place to Pay Back Taxes
January 30, 2020
A Navajo Nation company says it has an agreement to pay outstanding taxes and royalties on three large coal mines that it bought last year in Wyoming and Montana. The Navajo Transitional Energy Company said Tuesday that it made its
Auteco to Acquire Stake in Pickle Crow Gold Project in $7.5 Million Deal
January 30, 2020
Auteco Minerals has signed an agreement with First Mining Gold to acquire an 80 percent stake in the Pickle Crow gold project in Ontario, Canada. To acquire the stake in the project, Auteco has to spend approximately $7.5 million in
Kerr Mines Expected to Receive DOR for Its Copperstone Gold Mine Project, Arizona
January 29, 2020
Kerr Mines Inc. provided an update on recent positive developments on receipt of a decision of record at its 100 percent owned Copperstone Gold Mine project located in Arizona. The U.S. Bureau of Land Management has closed the environmental assessment
Federal Court Confirms Good Status of Otis Gold’s Kilgore Permit, Idaho
January 29, 2020
Otis Gold Corp. said the Idaho federal district court Judge B. Lynn Winmill issued a final judgment in Idaho Conservation League et al v. U.S. Forest Service on January 16, 2020 that confirms Otis’ continued legal right to conduct exploration
Feb. 5: NIOSH-MSHA Respirable Mine Dust Partnership Meeting
January 29, 2020
The National Institute for Occupational Safety and Health (NIOSH) and Mine Safety and Health Administration (MSHA) invite mining, public health and medical stakeholders to an inaugural meeting of the Respirable Mine Dust Partnership on February 5, 2020. The Partnership will
IEA: High Coal Demand Expected Through at Least 2024
January 28, 2020
The International Energy Agency’s 2019 report on global coal usage says coal demand has risen since 2017 and is expected to remain stable or rise slightly for the next five years. Global demand for coal has risen since 2017 and
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