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West Virginia Governor Justice Asks Trump for $4.5 Billion Coal Bailout
August 14, 2017
West Virginia Gov. Jim Justice has asked President Donald Trump to provide some $4.5 billion in federal funds to keep Appalachian coal mines open in the face of increasing competition from Western coal mines and natural gas. Justice, who switched
DOE Predicts Coal Production Will Increase Due to Export Demands
August 14, 2017
The Department of Energy is predicting U.S. coal production will see sustained increases over the next two years due to higher amounts of exports and coal generated electricity, the Washington Examiner reports. “U.S. coal production is getting a boost in
Caterpillar and Designer Rio Nuevo Unveil Plans for Tucson Mining Center, Arizona
August 14, 2017
Caterpillar Inc. and Rio Nuevo today released design renderings of Caterpillar’s new 150,000 square-foot Tucson Mining Center to be located in the Mercado District in downtown Tucson. The Tucson Mining Center, being built by the Rio Nuevo Multipurpose Facilities District,
Coal Producer Contura Energy Withdraws $150 Million IPO
August 14, 2017
Contura Energy, a coal producer formed out of Alpha Natural Resources’ restructuring, withdrew its IPO on Thursday. It had filed to raise $150 million by offering 6 million shares (100 percent insider) at a price range of $23 to $27.
North American Coal to Layoff Miners at Its Liberty Mine, Mississippi
August 14, 2017
Liberty Fuels Company, which runs Liberty Mine adjacent to Mississippi Power’s Kemper County energy facility, expects to lay off 75 employees at the mine in about two months. NACCO Industries, the head company that oversees Liberty Fuels Company’s parent North
Awards Presented at Virginia Mining Institute’s Mine Rescue Competition
August 14, 2017
Southwest Virginia mine rescue teams won numerous awards during the recent Virginia Mining Institute’s Mine Rescue Competition. Wellmore Energy Company’s Wellmore Red Team, from Grundy, Virginia, took top honors in the Virginia Mining Institute’s Mine Rescue Competition held Aug. 8t-10
Colorado Resources Acquires Seabridge Gold’s KSP Project, B.C.
August 11, 2017
SnipGold Corp., a wholly-owned subsidiary of Seabridge Gold Inc. has entered into an agreement with Colorado Resources Ltd., whereby Colorado has agreed to purchase SnipGold’s 49 perecent interest in the KSP Gold Project. The transaction will result in Colorado owning
South Dakota School of Mines Offers New Mining Class for Caterpillar Employees
August 11, 2017
South Dakota School of Mines & Technology is launching a new and unique 30 week-long Mining Practitioner Program that provides Caterpillar employees from a non-mining background a comprehensive understanding of the mining industry. The program will give a select group
Ultra Lithium Acquires Three More Lithium Brine Properties in Catamarca, Argentina
August 11, 2017
Ultra Lithium Inc. has entered into a definitive agreement to acquire 100 percent interest in three Lithium Brine properties covering 22,176 hectares, located in the Antofagasta region, Province of Catamarca in Argentina. The three properties are comprised of 11 mining
MSHA: Screening Shows No Mines Eligible for Pattern of Violations Notice for Third Straight Year
August 9, 2017
The U.S. Department of Labor’s Mine Safety and Health Administration said, for the third consecutive year, none of the nation’s more than 13,000 mining operations meets the criteria for a Pattern of Violations notice. The screening period started on July
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