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Sandvik Signs Agreement to Divest Its Mining Systems Operations
July 19, 2016
Sandvik has signed an agreement to divest its Mining Systems operations, reported in the Sandvik income statement as discontinued operations, to the private equity company CoBe Capital. Sandvik will maintain ownership of ongoing projects which are close to finalization. The
Komet Completes $4.7 Million Financing to Fund Equipment & Exploration Activities, Canada
July 19, 2016
Komet Resources Inc. has closed a non-brokered private placement for gross aggregate proceeds to Komet of $4,726,644.12. Two subscribers have participated in the offering: Top Premier SA and Dynamics Management SA. Under their respective subscription agreement, the subscribers have certain
Ucore Partners with Major Alberta Oil Sands Producer for Recovery of Technology Metals, Canada
July 19, 2016
Ucore Rare Metals Inc. has partnered with an undisclosed Major Alberta Oil Sands Producer (MOSP) for the purpose of recovering rare earth elements (REE) and other technology metals from Alberta oil sands operations. The partnership has obtained a funding grant
Alight Mining Solutions and Colorado School of Mines Strengthen Partnership
July 19, 2016
Alight Mining Solutions, a division of Alight, Inc. has selected Tom Struttmann, group head of Alight Mining Solutions, to serve on the Mining Engineering Industry Advisory Committee for the Colorado School of Mines, further strengthening the continued partnership between these
July 26-28: International Conference on Ground Control in Mining in Morgantown, W. Va.
July 19, 2016
The International Conference on Ground Control in Mining will celebrate its 35th year July 26-28 in Morgantown, West Virginia. The conference, founded by West Virginia University Charles E. Lawall Chair in Mining Engineering Emeritus Syd Peng, was created to provide
Monarques Gold to Acquire Beacon Mill and Property in Val-d’Or for $3.5 Million, Canada
July 18, 2016
Monarques Gold Corp. has signed a letter of intent to acquire the Beacon property from Québec Inc. The property consists of a metallurgical processing plant, tailings management ponds, underground installations, a 500-meter deep shaft, a mechanical shop and all mineral
Amec Foster Wheeler Awarded Coal Ash Treatment Project at LG&E and KU, Kentucky
July 18, 2016
Amec Foster Wheeler has started work on an engineering, procurement and construction (EPC) contract for Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) for a coal combustion residuals (CCR) — otherwise known as coal ash — treatment
SME Peru Student Chapter Wins 2015 Membership Challenge
July 18, 2016
The Society for Mining, Metallurgy & Exploration Inc. (SME) Student Chapter Fall Membership Challenge is an annual membership contest between SME student chapters to recruit newcomers to join the chapter and become SME members. The SME Student Chapter of the
Tuesday, July 19: Job Fair in Charleston Aims to Help Out of Work Coal Miners, W. Va.
July 15, 2016
A job fair Tuesday in South Charleston, WV offered out of work coal miners an opportunity to look for a new place to work outside of the coal industry. The event was at the South Charleston Recreation Center. Fifth generation
Southeast Missouri Lead Mine Reaches Proposed $850K Settlement for Environmental Damages
July 15, 2016
A proposed settlement for environmental damages has been announced between Nadist LLC and the state. The agreement would designate $850,000 to address impacts from the company’s Sweetwater Mine and Mill in Reynolds County. Of that sum, $45,000 would be allotted
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