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EPA Sets Long-term Goals for Colorado Mining Superfund Site
March 18, 2019
The U.S. Environmental Protection Agency announced three long-term goals Wednesday for cleaning up the Bonita Peak Mining District Superfund site in southwestern Colorado. The goals call for improving water quality in four sections of rivers and streams, stabilizing mine waste
Westmoreland Coal Emerges from Chapter 11 Bankruptcy
March 18, 2019
Westmoreland Coal Co. has emerged from Chapter 11 bankruptcy and will operate as a new, privately held company. The Colorado-based company announced Friday that its assets, including three Montana mines, are now owned and operated by a group of its
Wyoming Gov. Mark Gordon Vetoes Bill to Sue Washington State Over Coal Terminal
March 18, 2019
Gov. Mark Gordon has blocked Wyoming lawmakers from hiring a private attorney to sue Washington state and its Gov. Jay Inslee over a coal port terminal. A bill that survived the recent legislative session would have greenlighted $250,000 to go
Cloud Peak Energy’s Financial Uncertainty Grows After it Reports $718 Million Loss
March 18, 2019
Cloud Peak Energy disclosed in financial filings Friday that it will skip an interest payment, a possible signal that one of Wyoming’s largest coal firms is sliding toward bankruptcy. The company’s delayed financial filing, which reported a $718 million net
South Florida’s Republic Metals Files for Bankruptcy
March 18, 2019
Republic Metals, the South Florida-based gold refiner that is one of the nation’s largest, has filed for bankruptcy, a further sign of trouble for the U.S. precious metals industry, which has been targeted by federal prosecutors investigating “blood gold” for
Hudbay to Purchase Minority JV Interest Rosemont Copper Mine for $75 Million, Arizona
March 15, 2019
Hudbay Minerals Inc. has reached an agreement with United Copper & Moly LLC (UCM) to purchase UCM’s 7.95 percent interest in the Rosemont project, and to terminate all of UCM’s remaining earn-in and off-take rights, for upfront cash consideration of
International Cobalt Acquires District-Scale Gold-Cobalt Project, Idaho
March 15, 2019
International Cobalt Corp. has acquired by staking, the JA Project located in the cobalt region of Lemhi County, Idaho. The project is located within a geological trend that is prospective for cobalt and gold mineralization in the area of the
Harte Gold Commences Commercial Production at Sugar Zone Mine, Ontario
March 15, 2019
Harte Gold has achieved commercial production at the Sugar Zone Mine. “Since start-up of the mill, our focus has been on reaching commercial production in an efficient and cost effective manner. I believe our team has done a remarkable job
Sokoman Iron Acquires Altius’ Moosehead Gold Property, Canada
March 15, 2019
Sokoman Iron Corp. has acquired 100 percent interest in the Moosehead Gold Property. “This is a significant milestone for Sokoman and its shareholders. Altius has notified us of the transfer of ownership, and the transfer of license was approved by
Weir’s ESCO Division to Expand Production, Hire More Workers at Newton Facility, Mississippi
March 14, 2019
Weir Group says it’s increasing its investment in Newton, expanding production and adding 150 additional highly-skilled jobs. According to a news release from the governor’s office, the mining equipment manufacturer is putting an additional $15 million into the Newton operation.
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