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

American Creek Resources Acquires Silvershot Property in BC’S Golden Triangle

March 31, 2016

American Creek Resources Ltd. has acquired the SILVERSHOT silver property located in the “Golden Triangle” near Stewart, British Columbia. The 235 hectare SILVERSHOT property is located approximately seven kilometers northeast of Stewart near the past producing Portland Canal Mine. BC

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Torex Gold Resources Begins Commercial Production at Its El Limon-Guajes Mine, Mexico

March 31, 2016

Torex Gold Resources Inc. has achieved commercial production at its 100 percent owned El Limon-Guajes Mine (ELG) located in southwest Mexico, having operated for over 30 consecutive days at an average of 9,470 tonnes per day (tpd). “Achieving commercial production

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Cyprium Mining Retains IMDEX/Cascabel as Technical Advisors for Potosi Silver Mine, Mexico

March 31, 2016

Cyprium Mining Corporation has retained International Mineral Development and Exploration Inc./Compañia Minera Cascabel S.A. de C.V. (IMDEX/Cascabel) as technical advisors for the development and exploration program at the company’s Potosi silver mine located in the historic Santa Eulalia mining district

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Stillwater Mining Company Donates Underground Loader to Montana Tech

March 31, 2016

Stillwater Mining Company has donated an underground loader, MTI LT270 LHD, to Montana Tech. The donation will go to the mining engineering department and will be delivered on Friday, April 1, the first day of the International Mining Competition on

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Comstock Mining Partners With American Mining for Mining Services

March 30, 2016

Comstock Mining Inc. has entered into an agreement with its strategic partner, American Mining and Tunneling, LLC and American Drilling Corp, LLC , (together the American Group) for $5 million in underground mine development, drilling and mining services. These services

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Graphite Companies Join Forces for Spherical Graphite Development in North America

March 30, 2016

Elcora Advanced Materials Corp, Northern Graphite Corporation, Nouveau Monde Mining Enterprises Inc., Metals of Africa Limited, Coulometrics LLC and a private industry partner are jointly acquiring a micronizing and spheronizing mill to produce spherical graphite (SPG), a critical step in

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Pershing Gold Raises $6 Million to Advance Relief Canyon Mine, Nevada

March 30, 2016

Pershing Gold Corporation has raised $6 million to advance the Relief Canyon project. Pershing Gold closed on a private placement with Donald Smith Value Fund, L.P. for the sale of 1,850,000 units, at a price of $3.25 per unit, for

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Closure Preparation Activities Underway at All 29 Georgia Power Coal Ash Ponds

March 30, 2016

Georgia Power has preparation activities currently underway to permanently close all of the company’s 29 ash ponds located at 11 coal-fired generation facilities across the state. Twelve ponds are scheduled for closure in less than two years; 16 are expected

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EPA Tries to Extract Wealth of Records from Stalled Pebble Mine, Alaska

March 30, 2016

A federal agency is pushing back in a court fight over the stalled Pebble mine, suggesting that the project’s troubles stem from falling gold and copper prices, not government actions. With development on hold, Pebble Limited Partnership’s effort has shifted

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Consumers Energy to Close Seven Coal-fired Power Plants in Michigan

March 30, 2016

Consumers Energy plans to close seven coal-fired plants in Michigan, US which have a combined power generation capacity of 1000MW, following more than 60 years of operation. The closure of the power plants, which are together called ‘Classic Seven’, comes

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