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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
Victoria Gold Initiates Feasibility Study for Its Fully Permitted Eagle Gold Project, Yukon
April 11, 2016
A feasibility study (FS) update has been initiated for Victoria Gold Corp.‘s fully permitted Eagle Gold project, Yukon. Victoria has engaged JDS Energy and Mining Inc. to lead the FS update with support from Merit Consultants International, Allnorth, and certain
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
Nevada Zinc Completes Initial Metallurgical Test Work at Its Lone Mountain Zinc Project, Nevada
April 11, 2016
Nevada Zinc Corporation has received positive initial results from mineralogical and sample processing studies completed on representative non-sulphide mineralized material from its Lone Mountain Zinc project near Eureka, Nevada. “Knowing that the high grade near surface mineralization we discovered on
Marathon Gold Receives Funding for Metallurgical Testing at Valentine Gold Camp, Newfoundland
April 11, 2016
Marathon Gold Corporation will receive research and development funding under the GeoEXPLORE program of the Research & Development Corporation of Newfoundland and Labrador (RDC) for metallurgical testing on mineralized material from the Leprechaun and Marathon Deposits at the Valentine Gold
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