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Minera Alamos Outlines Mine Plan for Newly Acquired La Fortuna Gold Project, Mexico
February 11, 2016
Minera Alamos Inc. has provided additional details regarding their acquisition of the La Fortuna Gold Project located in Durango, Mexico. “One of the primary factors in our decision to acquire La Fortuna is its advanced stage of development. The scope
Supreme Court Puts Obama’s Power Plant Regulations on Hold
February 10, 2016
A divided Supreme Court on Tuesday abruptly halted President Obama’s controversial new power plant regulations, dealing a blow to the administration’s sweeping plan to address global warming. In a 5-4 decision, the court halted enforcement of the plan until after
Refueling Activities, and Maintenance Underway at Southern’s Nuclear Plant Hatch Unit 1, Georgia
February 10, 2016
On February 8, 2016, operators at Southern Company’s Edwin I. Hatch Electric Generating Plant safely took Unit 1 offline for a planned refueling and maintenance outage. The last refueling outage for Unit 1 was completed in spring 2014. Each unit
Gerald Metals and Shanghai Pengxin Mining Enter JV Agreement to Supply, Market Copper and Cobalt
February 10, 2016
Gerald Metals SA, a member of Gerald Group, and Shanghai Pengxin Investment Co., Ltd., a subsidiary of Pengxin International Mining Co., Ltd., entered into a joint venture agreement in Shanghai on January 28, 2016, to work jointly in procuring, producing,
Feds Seeking Settlement in Coal Mining Lawsuits
February 10, 2016
Federal officials disclosed Thursday that they want to enter settlement talks with an environmental group that sued the government over the potential climate change impacts from burning coal mined in Western states. Government attorneys have asked judges overseeing the cases
Alliance Resource Partners Lays Off 200 Coal Miners at Its Hamilton County Mine, Illinois
February 10, 2016
About 200 employees at Hamilton County Coal LLC have received layoff notices. The announcement of the layoffs was made Feb. 6, and are described as temporary. The mine, previously owned by White Oak, is now owned by Alliance Partners LP.
Kootenay Silver to Acquire Northair Silver
February 9, 2016
Kootenay Silver Inc. will acquire all of the issued and outstanding common shares of Northair Silver Corp. Upon completion of the transaction, Northair will become a wholly-owned subsidiary of Kootenay, and former shareholders of Northair will hold approximately 40 percent
Tahoe Resources to Acquire Lake Shore Gold for C$945 Million
February 9, 2016
Tahoe Resources Inc. has entered into a definitive agreement whereby Tahoe will acquire all of the issued and outstanding shares of Lake Shore Gold for C$945 million. Upon completion of the transaction, existing Tahoe and Lake Shore Gold shareholders will
Canada-based Northern Graphite Advances Purification Technology
February 9, 2016
Northern Graphite Corporation has had a major international engineering company complete a fatal flaw analysis and scoping study with respect to the company’s proprietary purification process. It was concluded that Northern’s process does not present any major technical challenges, can
Cliffs Natural Resources to Settle Pending Class Action Lawsuit in Ohio
February 9, 2016
Cliffs Natural Resources Inc. has reached agreements in principle to settle both the putative federal securities class action pending in the United States District Court for the Northern District of Ohio, and the combined shareholder derivative actions pending in the
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