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Pacton Gold to Acquire Additional Red Lake Properties, Canada
April 30, 2020
Pacton Gold, a Canadian junior exploration company, has signed option agreements with an undisclosed company to acquire the latter’s mineral claims in the Red Lake District, Ontario in Canada. Under the terms of the agreements, Pacton Gold will option a
DOE Funds Carbon Capture and Storage Project, Opens New Funding Opportunity
April 30, 2020
The U.S. Department of Energy on April 24 announced plans to award funding to a carbon capture and storage (CCUS) project under development at an Illinois ethanol plant. The agency is also soliciting applications for a new round of CCUS
Peabody Energy to Take Aggressive, Decisive Action in Face of COVID-19 Impacts
April 30, 2020
Peabody Energy is looking to preserve cash amid the uncertainty created by the COVID-19 pandemic and is considering layoffs, divestitures and other measures to protect its business, the company said Wednesday. “It has been a challenging start to 2020 and
Senator Murkowski Lauds DOE Efforts to Renew Nuclear Energy Dominance
April 30, 2020
Following a report from the United States Department of Energy (DOE) on methods capable of restoring the nation’s place in the global nuclear energy industry, U.S. Sen. Lisa Murkowski (R-AK) released a statement commending the efforts. For Murkowski, chairman of
UMWA: CONSOL Filings on Murray Bankruptcy Could Threaten Thousands of Coal Miners Jobs
April 30, 2020
The United Mine Workers of America (UMWA) said Wednesday recent filings by CONSOL Energy in the Chapter 11 bankruptcy case of Murray Energy could pose a major threat to the jobs of coal miners in West Virginia and the surrounding
Hi-Crush Lays Off Workers at Its Frack Sand Mine in Michigan
April 30, 2020
The coronavirus pandemic has had a ripple effect on frack sand mining plants in Wisconsin. At least three plants have shut down this month amid crashing oil and gas prices. The latest plant closure was reported this week to the
Northern Vertex Releases Improvement Initiatives at Moss Gold Mine, Arizona
April 29, 2020
Northern Vertex Mining released an operational update related to continuous improvement initiatives, exploration drilling, and capital projects for its Moss Mine. Gold production in the current quarter increased as compared to the quarter ended December 31, 2019. The company expects
Frost & Sullivan Examines Uptake of Drones in Power and Utilities Sector
April 29, 2020
An analysis by Frost & Sullivan, Drones in the Global Power and Utilities Industry, Forecast to 2030, reveals that the market for drones in the power and utilities industry will continue to expand at a compound annual growth rate of
Silvercorp Metals to Acquire Guyana Goldfields Creating a Diversified Precious Metals Producer
April 29, 2020
Silvercorp Metals Guyana Goldfields have entered into a definitive agreement where Silvercorp will acquire all of the issued and outstanding shares of Guyana Goldfields by way of a plan of arrangement under the Canada Business Corporations Act. The transaction will
Blue Lagoon Highlights Phase One Program at Its Dome Mountain Gold Mine Project, B.C.
April 29, 2020
Blue Lagoon Resources is planning to move forward with a Phase One program at the company’s Dome Mountain Gold Mine Project located a short 50-minute drive from the town of Smithers B.C. The Dome Mountain Gold Mine Project holds a
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