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SunCoke Energy Divests Its Coal Business for $10.3 Million
April 12, 2016
SunCoke Energy, Inc. has divested its coal mining business to Revelation Energy, LLC in a transaction that includes substantially all of SXC’s remaining coal mining assets, mineral leases, real estate and mining reclamation costs. Under the terms of the deal,
Former Coal CEO Don Blankenship to Appeal Verdict in W. Va. Mine Explosion
April 12, 2016
While he appeals a decision that served him a one-year prison sentence, former coal company executive Don Blankenship has paid his $250,000 fine. According to a U.S. District Court filing, the wealthy ex-Massey Energy CEO paid the fine in Charleston
New Bill to Provide $100 Million to Retrain Laid-off Coal Miners, W. Va.
April 12, 2016
New legislation to help displaced coal miners, introduced by Third District Congressional Rep. Evan Jenkins (R-W.Va.), would earmark $100 million over the next five years for retraining. Jenkins made the announcement of the Assisting America’s Dislocated Miners Act Thursday at
U.S. Labor Secretary Perez Responds to Sentencing of Ex-coal Operator Blankenship
April 11, 2016
U.S. Secretary of Labor Thomas E. Perez issued the following statement about the sentencing of former Massey Energy Chief Executive Officer Donald Blankenship: “This sentence proves that no mine operator is above the law, and should send a strong signal
Millrock Acquires Chisna Copper-Gold Project, Alaska
April 11, 2016
Millrock Resources Inc. has purchased mining claims comprising the Chisna project in Alaska. A 100 percent interest in the project was purchased by Millrock from Corvus Gold Inc. for US$25,000. Corvus will retain a 1 percent net smelter returns royalty
Rhino Resource Partners to Form JV Entity for Domestic and International Coal Marketing Focus
April 11, 2016
Rhino Resource Partners LP has signed an agreement with ION Carbon & Minerals, LLC, a wholly owned subsidiary of AMCI Holdings, Inc., to explore a potential joint venture between Rhino and AMCI. The proposed joint venture, named Encore Global Commodities
IRMA Releases Its Standard for Responsible Mining Report
April 11, 2016
The Initiative for Responsible Mining Assurance (IRMA) released the second and revised draft Standard for Responsible Mining for a 60-day review and public comment period ahead of the first-ever global certification program for industrial-scale mine sites, planned to begin in
EPA Moves Ahead for Superfund Cleanup at Gold King and 47 Other Inactive Mines
April 8, 2016
The push to deal with inactive mines contaminating waterways advanced Wednesday as the Environmental Protection Agency proposed to add Colorado Animas River sites to a priority list of disasters eligible for Superfund cleanup. A cluster of 48 mining sites near
Former Coal CEO Don Blankenship Gets One Year in Prison for Deadly Coal Mine Explosion, W. Va.
April 7, 2016
Standing before a federal judge, former coal company executive Don Blankenship expressed sorrow for the families of 29 men killed in his coal mine six years ago and added, almost in the same breath, that he committed no crime. “I
Globex Mining Acquires Cameron Gold Property, Quebec
April 7, 2016
Globex Mining Enterprises Inc. has acquired 100 percent interest in the Cameron Gold Property located in Desjardins, Franquet and Grevet Townships, Quebec. The property consists of 30 cells totaling 1,242 hectares and covers 6.4 km of the Cameron Shear Zone,
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