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Equinox Gold to Acquire Leagold Mining for $578 Million
December 19, 2019
Canada-based Equinox Gold has agreed to acquire rival Leagold Mining for C$2.70 ($2.05) per common share or combined amount of C$769.3 million ($578.38 million). Under the terms of the agreement, Leagold shareholders will get 0.331 of an Equinox share for
Nevada Copper Begins Production at Pumpkin Hollow Copper Project, Nevada
December 19, 2019
Canada-based copper ores company Nevada Copper has commenced production at Pumpkin Hollow copper project in Lyon County, Nevada, US. The company has stated that the project is the first new copper producer in the US in over a decade. Nevada
Union Miners at Hecla’s Lucky Friday Mine Reject Contract, Will Hire Non-Union Miners
December 19, 2019
The longest mining strike in Silver Valley history will continue after Monday’s narrow defeat of a contract proposal. The United Steelworkers Union 5114 chapter rejected the contract that had been agreed upon by their leadership and Coeur d’Alene-based Hecla Mining
Minnesota Congressman Stauber Lauds Decision to Revamp Mining Appropriations
December 19, 2019
Congressman Pete Stauber, R-Duluth, praised actions Tuesday, Dec. 17, by the Trump administration that he said strips harmful anti-mining, anti-jobs language from the Interior appropriations package. “In northern Minnesota, mining is a way of life. Unfortunately, the livelihoods of my
Miners’ Pensions and Health Care Benefits Secured in Government-Funding Agreement
December 19, 2019
A $1.4 trillion spending plan to keep the U.S. government open that also will protect the retirement and health benefits for about 100,000 retired coal miners passed the House of Representatives on Tuesday. The bipartisan year-end spending bill includes a
USMCA Will Secure North American Supply Chain and Ensure Business Certainty for Mining Industry
December 18, 2019
The National Mining Association (NMA) issued the following statement from Rich Nolan, NMA president and CEO, applauding the announced deal to proceed with the United States-Mexico-Canada Agreement (USMCA). “The U.S. mining industry exports more than $40 billion in metals, minerals,
NMA Names Komatsu Mining’s Jeffrey Dawes Chairperson for MINExpo INTERNATIONAL® 2020
December 18, 2019
The National Mining Association (NMA) said that Jeffrey Dawes of Komatsu will chair MINExpo INTERNATIONAL® 2020. A longtime leader within Komatsu and the industry, Dawes is VP of Komatsu’s Global Mining Business Division, and president and CEO of Milwaukee, WI-based
Peabody and Arch Coal to Complete Wyoming Coal Merger Review by Mid-2020
December 18, 2019
U.S. regulators plan to finish reviewing a proposed coal mining joint venture in the first half of 2020. Peabody Energy and Arch Coal seek to merge operations in Wyoming and Colorado. The St. Louis-based companies operate some of the world’s
Bipartisan Bill Introduced to Advance Research and Promote Coal-derived Carbon Products
December 17, 2019
U.S. Senators Joe Manchin (D-WV) and Shelley Moore Capito (R-WV) introduced a bipartisan legislation on Friday to advance research and promote coal-derived carbon products. According to a press release from Manchin’s office, some of the coal products include carbon fiber,
Michigan Issues New Air Permit, Updated Mining Permit for Aquila Resources’ Back Forty Mine
December 17, 2019
The Michigan Department of Environment, Great Lakes, and Energy (EGLE) Thursday issued a new air permit and an updated mining permit to Aquila Resources for its proposed Back Forty mining project in the Upper Peninsula. Aquila also informed EGLE that
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