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NEWS Click on text to read news by category: General | Product | People | Worldwide

Bill Changes Safety Checks on Coal Mine Hoisting Devices

March 9, 2016

Safety checks would be reduced on the hoisting devices used to transport workers and supplies in some underground coal mines, under a bill that is moving through the West Virginia Legislature with support from the coal industry and the United

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JPMorgan Latest Bank to Pull Funding for Coal Projects

March 9, 2016

JPMorgan Chase & Co. became the latest big bank to pull back from coal. The New York bank will no longer finance new coal mines around the world and will end support for new coal-fired power plants being developed in

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Strongbow to Acquire Teck’s Mactung and Cantung Royalties in the Yukon, Canada

March 8, 2016

Strongbow Exploration Inc. has reached an agreement with Teck Resources Limited to purchase Teck’s royalty interest on the Mactung and Cantung projects located in the Yukon and Northwest Territories. The Mactung royalty is a 4 percent net smelter returns royalty

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Sunrise International Resources to Acquire Canadian Orebodies’ Crescent Lake Lithium Project

March 8, 2016

Canadian Orebodies Inc. has entered into an option agreement to sell its 100 percent interest in the Crescent Lake Project which comprise the Zigzag and Falcon Lake lithium properties to Sunrise International Resources Ltd, a subsidiary of Argonaut Resources NL.

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Sprott Mining Named to Operate and Manage Inventus’ Pardo Gold JV Project, Canada

March 8, 2016

Inventus Mining Corp. has named Sprott Mining Inc. to act as operator to manage the Pardo Joint Venture between Mount Logan Resources Ltd. and Endurance Gold Corporation. Mount Logan is owned 100 percent by Inventus and owns 64.5 percent of

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Denison Enters Three Year Management Services Agreement with Uranium Participation Corp.

March 8, 2016

Denison Mines Corp. has entered into a new three year agreement (MSA) to provide management services to Uranium Participation Corporation (UPC). The MSA will take effect on April 1, 2016, at the conclusion of the current MSA between UPC and

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Eurasian Minerals Agrees to Purchase NSR Royalties for Maggie Creek, Afgan Gold Properties, Nevada

March 8, 2016

Eurasian Minerals Inc. has executed a purchase agreement for net smelter return (NSR) royalty interests on the Maggie Creek and Afgan gold properties from Golden Predator US Holding Corp., a wholly-owned subsidiary of Till Capital Ltd. (TCL). Golden Predator owns

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Canada Carbon Commences with PFS for Miller Graphite Mine, Montreal

March 8, 2016

Canada Carbon Inc. has begun a pre-feasibility study on the portion of the Miller property that was the subject of the PEA and resource estimate. The company has already completed a 47 hole, 3,405.5 meter in-fill drill program to provide

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Wilkes-Barre Residents Get Early Peek of ‘Knox Mine Disaster’ Documentary at Benefit Dinner, Pa.

March 8, 2016

Wyoming Valley locals were given a sneak peek into the Knox Mine Disaster documentary film during a benefit dinner held at the Anthracite Cafe on Sunday. Director/Producer David Brocco, a native of West Pittston, gave a presentation on the documentary

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Minnesota Validates PolyMet’s NorthMet Final EIS, Clears Path for Construction Permit Applications

March 7, 2016

The Minnesota Department of Natural Resources has completed its review and validated PolyMet Mining Corp.‘s NorthMet final environmental impact statement that was published in November 2015. This decision on the NorthMet final EIS is the final and conclusive action by

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