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Asia Demand Props Up Canada Coking Coal Exports in May
July 9, 2019
Canada exported 2.36mn t of coking coal in May, down by 2.8pc on the year, as strong demand from Asia went some way to offsetting reductions in deliveries to Poland and Brazil, data from Statistics Canada show. Japan continued to
Blackjewel’s CEO to Resign as Part of Bankruptcy Deal
July 9, 2019
A federal judge has approved a $5 million lifeline to help one of the country’s largest coal producers navigate bankruptcy on the condition that its CEO step down. Court documents filed Wednesday said the financing from Riverstone Credit Partners will
Tours Closed Until September as Black Diamond Mines Installs New Exhibit
July 9, 2019
The Hazel-Atlas Mine and Greathouse Visitor Center will be closed until September 10 while a new exhibit is installed. No mine tours will be available during the construction period. Sidney Flat Visitor Center, located at park headquarters, will be open
Coal Tycoon and Philanthropist Chris Cline Dies in Helicopter Crash
July 8, 2019
Shockwaves rippled through southern West Virginia Friday as word spread of the Fourth of July helicopter crash that claimed the lives of Chris Cline, the Beckley-born billionaire mining tycoon, his 22-year-old daughter Kameron and five others. As of late Friday
Barrick and Newmont Officially Launch New Company Nevada Gold Mines LLC
July 8, 2019
Barrick Gold Corp. and Newmont Goldcorp Corp. officially launched Nevada Gold Mines LLC on Monday, creating the world’s third-largest gold mining company less than four months after the historic joint venture agreement was reached. A new sign went up on
Judge Orders Blackjewel to Honor All Miner Paychecks
July 8, 2019
A federal judge on Thursday ordered the bankrupt coal mining company Blackjewel to honor all checks distributed to its hundreds of workers. Despite the Independence Day holiday, the court convened after several Eagle Butte and Belle Ayr mine workers said
Wyoming Coal Miners Left Wondering After Blackjewel Files for Bankruptcy
July 8, 2019
Wyoming coal workers who were locked out of their jobs after a company filed for bankruptcy protection are wondering whether they’ll ever be called back to work. The West Virginia-based Blackjewel LLC has 580 employees at two open-pit mines in
Another Lawsuit Filed to Stop Arch Coal’s Mine Expansion, Colorado
July 8, 2019
Environmentalists have filed another lawsuit in a last-ditch attempt to stop a coal mine’s expansion beneath some 1,700 acres of roadless national forest in the upper North Fork Valley. The legal action filed this week includes a motion for a
Autlán to Acquire Certain Assets from Golden Minerals for $22 Million, Mexico
July 2, 2019
Golden Minerals has entered into an agreement to sell certain of its Mexican properties to Compañía Minera Autlán for $22 million. Under the terms of the agreement, Autlán will have the option to purchase the Canadian holding company ECU Silver
Sibanye-Stillwater Sign Acquisition Agreement to Advance Marathon Copper Project, Ontario
July 2, 2019
Sibanye-Stillwater is pleased to advise that it has entered into an acquisition agreement (“the agreement”) with Generation Mining Limited to further the development of the PGM-copper Marathon project, situated in northern Ontario, Canada, adjacent to Lake Superior. The Marathon project
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