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Firma Acquires Remaining Interest in Fully Permitted IDS Smelter, Mexico
February 14, 2017
Firma Holdings Corp., through its subsidiary Gracepoint Mining Corp, has acquired the remaining interest in its Durango Smelter Project, which is joint ventured with MX Gold Corp. The company has now completed the purchase of a 100 percent interest in
Potash Ridge Secures Long-Term Supply of Sulphuric Acid from Its Valleyfield Project, Quebec
February 14, 2017
Potash Ridge Corporation has signed a five year agreement with a major North American supplier for 100 percent of the corporation’s sulphuric acid requirements for its Valleyfield Project in Valleyfield, Quebec. Valleyfield is a planned 40,000 tonne per year potassium
Montana Coal Production Climbs
February 10, 2017
It’s been a long, coal’d winter for the Montana mines, which are seeing production stabilize as thermostats click on and stay on. Montana coal mining was in rebound at the end of 2016 after falling behind a million tons a
CONSOL Energy Lays Off 200 Coal Miners at Bailey Mine After Expansion Denied, Pa.
February 10, 2017
A coal company has laid off 200 miners in Pennsylvania because of a state environmental ruling that limits mining beneath a park creek in western Pennsylvania. CNX Coal Resources, a spinoff of CONSOL Energy, issued the temporary layoff notices Tuesday
Canada Coal Terminates Discussions With Honu Due to Contract Breach
February 9, 2017
Canada Coal has terminated discussions with Honu Inc. due to a breach by Honu Inc. of the exclusivity provisions contained in the letter of intent signed by the parties. Canada Coal has served notice of this breach. The company is
Paramount Gold Nevada Secures $3.66 Million to Advance Grassy Mountain Project to Pre-Feasibility
February 8, 2017
Paramount Gold Nevada Corp. has entered into definitive agreements with accredited investors to issue common stock and warrants in a private transaction. Under the terms of the transaction, Paramount has agreed to sell an aggregate of 2,090,000 units at $1.75
TriMetals Mining Acquires Water Rights for Its Gold Springs Project, Utah
February 8, 2017
TriMetals Mining Inc. has acquired the rights to 1,658 acre feet of water per year through a water lease agreement which includes an option to purchase the water rights. These water rights are located in Utah within the Escalante water
American Coal Council Applauds Action on Stream Rule
February 8, 2017
The American Coal Council has applauded the recent action on the stream protection rule. The American Coal Council released the following statement: The congressional action this week to strike down the “Stream Protection Rule” issued December 19, 2016 by the
Caterpillar to Establish Global Headquarters in Chicago Area
February 8, 2017
Caterpillar Inc. will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed the ongoing importance of its presence in Peoria and Central Illinois. “Caterpillar’s Board of Directors has been discussing
Albemarle Prepares to Ramp Up Production at Its Silver Peak Lithium Mine, Nevada
February 7, 2017
Anyone who uses a smart phone, tablet, cordless power tool, or even an electric car knows the device would not operate without its battery. The popularity of these gadgets is a big reason for growth in the lithium industry. “The
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