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Freeport-McMoRan Looks to Sell Stakes in Mining Operations
April 26, 2016
Freeport-McMoRan Inc. is trying to sell stakes in packages of mining and energy assets as the biggest publicly traded copper miner steps up efforts to reduce debt, three people with knowledge of the matter said. The Phoenix-based company has held
Foresight Energy Obtains Lender Consent for Debt Restructuring
April 26, 2016
Foresight Energy LP reached an agreement with its senior lenders to restructure debt, a deal that may allow the struggling U.S. coal miner to avoid bankruptcy. The company also convinced two-thirds of the holders of its $600 million of 7.875
U.S. Sen. John McCain Calls for Criminal Probe Into Gold King Mine Spill, Colorado
April 26, 2016
U.S. Sen. John McCain called for a criminal investigation into actions by the Environmental Protection Agency that led to a mine spill polluting rivers in three Western states last summer. During a congressional hearing on the issue in Phoenix, McCain
Coal Companies Fight Over Rights to New Mine in Sheridan County, Wyoming
April 26, 2016
The developer of a proposed coal mine in Sheridan County says the planned project is being held ransom by a mining firm and ranch that control surface rights in the area. Those remarks, delivered by Ramaco LLC CEO Randy Atkins
June 16: BLM to Host Mining Claim Workshop at Nugget Casino Resort, Nevada
April 26, 2016
The Bureau of Land Management will be hosting a free workshop to provide guidance and tips on public mining claims, from 8:30 a.m. to 4:30 p.m. June 16 at the Nugget Casino Resort in Sparks. The workshop will cover topics
Ontario-based Benton Capital Acquires Lithium and Graphite Projects, Changes Company Name
April 26, 2016
Benton Capital Corp. has agreed to refocus the company’s efforts toward a 100 percent green-energy exploration and development company. The main focus will be the acquisition and development of high quality lithium and graphite projects which the company considers to
Victoria Gold Secures C$24 Million to Advance Its Eagle Gold Project, Yukon
April 25, 2016
Victoria Gold Corp. intends to issue 80,000,000 units in a non-brokered private placement to Electrum Strategic Opportunities Fund L.P. and existing significant shareholder, Sun Valley Gold LLC, for gross proceeds of C$24,000,000. The net proceeds of the offering will be
NMA Applauds Senate Passage of Bill to Strengthen America’s Mineral Security, Energy Future
April 25, 2016
The following statement was released by National Mining Association (NMA) President and CEO Hal Quinn praising the Senate for passing the “Energy Modernization Policy Act of 2016,” which includes modernization of the federal permitting systems to improve access to minerals
NMA: Paris Agreement Ignores Role of Clean Coal Technology
April 25, 2016
National Mining Association (NMA) President and CEO Hal Quinn commented on the April 22 climate change agreement signing ceremony in New York City: “What is missing from the administration’s celebratory rhetoric surrounding the Paris agreement is that its own plan
Uranium Miner Cameco to Cut 85 Jobs in Wyoming and Nebraska
April 22, 2016
Uranium miner Cameco Corp. announced Thursday it would cut 85 jobs in Wyoming and Nebraska. The Canadian-based company said the move was a response to a prolonged downturn in prices, which have remained depressed since the disaster at the Fukushima
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