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Kinross to Acquire 70% Stake in Peak Gold Project for $93.7 Million, Alaska
October 6, 2020
Kinross Gold has signed agreements with Royal Gold and Contango ORE to acquire 70 percent stake in the Peak Gold project in Alaska, for $93.7 million in cash. Under the terms of the agreement, Canada-based gold and silver mining firm
Peabody Temporarily Halts Operations at Shoal Creek Coal Mine, Alabama
October 6, 2020
About 350 workers will be laid off when a mine in Alabama temporarily closes, according to the United Mine Workers Association. The Shoal Creek Mine, which spans three counties, was set to close for six months, said Larry Spencer, the
Montana Proposes New Rules to Stem Canadian Coal Mine Pollution
October 6, 2020
Montana environmental regulators took the first step last week to tighten pollution rules for toxins flowing into Lake Koocanusa and the Kootenai River. The new rules are aimed at stemming pollution coming from British Columbia coal mines. State officials said
Eagle Specialty Materials Negotiating $50M in Unpaid Leases After Blackjewel Acquisition, Wyoming
October 6, 2020
A coal mining company has not secured federal leases for two Wyoming mines it bought and reopened almost a year ago in Campbell County. Eagle Specialty Materials and the U.S. Department of the Interior have been negotiating for months to
Former Hobet Coal Mine Used as Training Tool for Naval Aviation Squadrons, W.Va.
October 6, 2020
For the first time, the U.S. Navy has landed in the Mountain State to use its geographic features as a training tool for naval aviation squadrons. What was once one of the largest surface mines in West Virginia, has recently
Duke Energy Considers Retiring Coal Plants in Carolina’s
October 6, 2020
Duke Energy Corp. would retire all of its power plants in the Carolinas that “rely exclusively on coal” within the next 10 years and add between 1,050 MW and 7,400 MW of storage to its portfolio under the six scenarios
Wyoming Man Behind Mine Fraud Scheme Gets Five Years in Prison
October 6, 2020
A former Wyoming coal mine vice president was sentenced Friday to five years in prison almost two years after he pleaded guilty and admitted to stealing millions of dollars from his company and private investors. U.S. District Judge Dana Christensen
House Democrats Propose to Block Pebble Mine Permit, Alaska
October 5, 2020
U.S. Sen. Maria Cantwell says she’ll support a bill to block a permit for the proposed Pebble Mine in southwest Alaska. The Washington state Democrat is also calling for an investigation into whether Pebble’s CEO lied to Congress about the
Buscar Begins Crushing Ore at Treasure Canyon Gold Mining Site, California
October 5, 2020
Buscar Company said the will begin crushing ore the week of September 28 as mining and milling equipment continues to arrive on site. “Things have settled down considerably from the wildfire activity in Plumas County and our team is excited
Navajo Transitional Energy Wins 2020 Excellence in Surface Coal Mining Reclamation Award
October 5, 2020
Navajo Transitional Energy Company, North American Coal Company, and Bisti Fuels Navajo Mine received a national award by the Office of Surface Mining Reclamation and Enforcement. The Excellence in Surface Coal Mining Reclamation Awards are presented to the coal mining
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