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Union Set to Vote on New Contract with Contura Energy’s Cumberland, Emerald Coal Mines, Pa.
July 13, 2016
The United Mine Workers of America reached a tentative labor agreement with the company that is buying the Pennsylvania operations of Alpha Natural Resources, which is reorganizing in bankruptcy. Union members are set to vote Thursday on the contract with
Murray Energy Working to Avoid Bankruptcy
July 13, 2016
Murray Energy Corp. and its lenders are working on a plan to keep it solvent as the company works to avoid filing for bankruptcy in two months’ time. Last week, Murray Energy, the nation’s largest privately owned coal miner, told
PolyMet Submits First Permits for NorthMet Copper Mine, Minnesota
July 13, 2016
PolyMet Mining Co. on Monday submitted the first three permit applications for its proposed copper-nickel mine outside Hoyt Lakes. The company submitted a water appropriations permit to the Minnesota Department of Natural Resources, a water pollutant discharge permit to the
Kinder Morgan Terminals Signs 10-Year Agreement for In-plant Services with Nucor
July 12, 2016
Kinder Morgan, Inc. has entered into a new, 10-year agreement with Nucor Corporation to provide in-plant services for five of Nucor’s facilities at Decatur, Alabama; Hertford, North Carolina; Berkeley, South Carolina; and two facilities at Blytheville, Arkansas. The five facilities
Quaterra Reaches Agreement With Freeport-McMoRan to Extend Funding on Yerington Copper Project, Nev.
July 12, 2016
Quaterra Resources Inc. and its subsidiary Singatse Peak Services LLC (SPS) have reached an agreement with Freeport-McMoRan Nevada LLC to extend the current Stage 2 of Freeport Nevada’s option to acquire an interest in the company’s Yerington Copper Project in
MSHA Screening Shows No Mines Eligible for Pattern of Violations, First Since Program Began in 2010
July 12, 2016
The U.S. Department of Labor’s Mine Safety and Health Administration have reported that — for the first time since reforms began in 2010 — none of the nation’s more than 13,000 mining operations meets the criteria for a pattern of
Alpha Natural Resources’ Plan of Reorganization Confirmed by U.S. Bankruptcy Court
July 12, 2016
Alpha Natural Resources, Inc.‘s plan of reorganization has been approved, contingent upon the finalization of certain definitive documentation and the entry of an order in the coming days, by the United States Bankruptcy Court for the Eastern District of Virginia.
Court Approves Arch Coal’s Disclosure Statement for Its Proposed Plan of Reorganization
July 12, 2016
Arch Coal, Inc.‘s disclosure statement filed in connection with the company’s proposed plan of reorganization has been approved by the United States Bankruptcy Court for the Eastern District of Missouri. With this approval, Arch can begin to solicit approval of
Skeena to Acquire Sona Resources and Its Blackdome Gold Mine in B.C.
July 11, 2016
Skeena Resources Limited has entered into a definitive agreement to acquire Sona Resources Corp. Sona’s primary asset is the past-producing underground Blackdome Gold Mine, located in the Clinton Mining District in southwestern British Columbia. From 1986 to 1989, Blackdome produced
Arch Coal Secures Global Settlement, Facilitates Consensual Completion of Financial Restructuring
July 11, 2016
Arch Coal, Inc. has secured a global settlement with certain of its senior secured lenders that hold more than 66 2/3 percent of its first lien term loan and the Official Committee of Unsecured Creditors (UCC). The company has filed
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