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

Kingdom Resources to Reopen Enterprise Coal Mine, Kentucky

March 8, 2017

Kingdom Resources, a Texas company, plans to take over operations at the old Enterprise Mine on Defeated Creek at Redfox. “We are going to reopen the number nine mine and then begin washing and loading either the end of the

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May 12 & 13: Mining and Oil & Gas Industry Helps Make Wishes Come True at Golf Outing

March 7, 2017

On behalf of Make-A-Wish® Greater Pennsylvania and West Virginia and the Energy Golf Committee, you are invited to participate in the Make-A-Wish Energy Golf Outing. For more than 20 years, people from the Mining and Oil & Gas markets have

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Synalloy Acquires Marcegaglia USA’s Stainless Steel Pipe and Tube Operations for $14.95 Million

March 7, 2017

Synalloy Corporation’s subsidiary Bristol Metals, LLC, has closed on the purchase of Marcegaglia USA’s stainless steel pipe and tube operations. The purchase price for the transaction of $14.95 million includes primarily the stainless steel pipe and tube manufacturing equipment and

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Newmont Secures Rights to Explore and Develop Prospective in Canada’s Yukon Territory

March 7, 2017

Newmont Mining Corporation has secured rights to access and explore a highly prospective gold district in Canada’s Yukon Territory through a private placement with Goldstrike Resources. The agreement entitles Newmont to earn up to 80 percent equity in the Plateau

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De Beers’ Begins Commercial Production at Gahcho Kué Mine, Canada

March 7, 2017

De Beers has begun commercial production at Gahcho Kué, the world’s largest new diamond mine in the last 13 years. The mine, a joint venture with De Beers Group (51 percent) and Mountain Province Diamonds (49 percent), is expected to

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White Metal Commences Work Program on Shebandowan Gold Property, Canada

March 7, 2017

White Metal Resources Corp. has commenced its work program on the Shebandowan gold property where recently White Metal acquired a 100 percent ownership on claims that were controlled by Benton Resources Inc. The Benton claims lie directly south of the

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Minera Alamos Moves Forward with Mining Permit Applications for La Fortuna Gold Project, Mexico

March 7, 2017

Minera Alamos Inc. has moved forward after successful negotiations with community representatives to finalized a surface use agreement at the La Fortuna site in Durango, Mexico. With the completion of these surface rights negotiations, the company can now proceed to

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Fraser Institute: Saskatchewan, Manitoba Top Jurisdictions Worldwide for Mining Investment

March 7, 2017

Saskatchewan and Manitoba are now the two most attractive jurisdictions for mining investment in the world, according to the annual global survey of mining executives released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. The two Canadian

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Peabody Energy Releases Plans for Future Coal Mine Reclamation Bonding Requirements

March 7, 2017

Peabody Energy has chosen a path for future coal mine reclamation bonding requirements upon emergence from Chapter 11. While Peabody believes it continues to qualify for self-bonding, the company is choosing to support its coal mine reclamation bonding requirements through

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Summitville Gold-Silver Mine Receives $1 Million in Superfund Grant Money, Colorado

March 3, 2017

An old mining site in southwest Colorado has received $1 million in Superfund grant money from the Environmental Protection Agency to continue water treatment at the site. The Summitville Mine, located in Rio Grande County, has been under the purview

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