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Newmont Mining Rejects Barrick Gold’s $18 Billion Takeover Bid
March 5, 2019
US-based gold and copper producer Newmont Mining said that its board has rejected Canadian gold mining giant Barrick Gold’s $18 billion worth merger proposal citing that it is not in the best interests of the company’s shareholders. Instead, Newmont Mining
CCS Technology Proposed to Save New Mexico’s San Juan Generating Station from Closing
March 5, 2019
The New York-based hedge fund aiming to take over New Mexico’s San Juan Generating Station (SJGS), targeted for closure by state lawmakers, wants to refit the 46-year-old, coal-fired plant to use carbon capture and sequestration (CCS) technology. Acme Equities LLC
Westmoreland Coal Set to Emerge from Bankruptcy
March 5, 2019
One of the oldest coal companies in the U.S. said Monday it expects to emerge from bankruptcy in coming weeks after a judge approved a plan that will keep its mines running in Montana, New Mexico and several other states
Pennsylvania Artist Sue Hand Wins National Award for Mining Artwork
March 5, 2019
Sue Hand, who continues to blaze trails in bringing local history to life in her art, has won a national award. Hand has been named winner of the Cherry Hunter Award of the American Mining History Association. Hand won for
Train Strikes Truck Carrying Fuel to Barrick’s Cortez Mine, Nevada
March 5, 2019
A truck carrying about 4,000 gallons of diesel fuel to Barrick’s Cortez mine was struck by a train Saturday morning when it failed to clear the tracks in time, according to the Nevada Highway Patrol. The crash at about 6:30
House Approves Updates to Idaho Mining Law
March 4, 2019
Legislation rewriting portions of Idaho’s mining law has passed the House despite concerns from several lawmakers that it could leave taxpayers with cleanup bills if a company declares bankruptcy. The House voted 59-11 on Thursday to send to the Senate
Caterpillar’s Tucson Mining Center Nears Completion
March 4, 2019
Caterpillar’s Tucson Mining Center is almost ready to welcome about 400 employees to its new headquarters. Employees are expected to move from their temporary work locations to the new $50 million, 150-000-square-foot facility at Cushing Street and Avenida del Convento
Rick Perry Warns Energy Grid Faces ‘Major Test’ in Coming Polar Vortex
March 4, 2019
Energy Secretary Rick Perry warned Thursday that a polar vortex descending on the U.S. in the first half of March will be a major test for the nation’s electricity grid from Montana all the way to his home state of
March 5: Georgia’s Etowah Valley Historical Society Presents ‘Bartow’s Tunnel Mining Age’
March 4, 2019
Bartow’s golden era of tunnel mining will step into the limelight during the Etowah Valley Historical Society’s lecture Tuesday. “Tunnel or shaft mining was indeed the beginning of the golden age of Bartow County mining history. This program will re-introduce
Coal Miners Union Continues Retiree’s Health Care Negotiations with Kemmerer Mine Owners
March 4, 2019
The coal miners union that represents workers at the Kemmerer mine in western Wyoming is unlikely to replace the lifetime health benefits lost in the Westmoreland bankruptcy, but continues to negotiate with the company for a better deal. The union
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