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Comstock Mining Secures $10.7 Million Refinancing to Advance Dayton Gold Mine, Nevada
January 24, 2017
Comstock Mining Inc. has secured a strategic refinancing with an affiliate of GF Capital, LLC, that retires substantially all of the company’s obligations and resumes drilling at the Dayton resource area. “This strategic refinancing strengthens our balance sheet, provides great
NioCorp Achieves Major Processing Breakthroughs at Its Planned Elk Creek Superalloy Project, Neb.
January 24, 2017
NioCorp Developments Ltd. has achieved two major process breakthroughs as part of its final design work for the feasibility study of the Elk Creek Superalloy Project. Both advances — one in the Niobium metallurgical process and one related to regenerating
NMA Applauds Critical Minerals Legislation to Streamline Permitting Process to Boost Jobs, Economy
January 24, 2017
National Mining Association (NMA) President and CEO Hal Quinn has issued the following statement on the introduction of the “National Strategic and Critical Minerals Production Act of 2017” by Sen. Dean Heller (R-Nev.) in partnership with Rep. Mark Amodei (R-Nev.):
Peabody Energy Agrees With Unsecured Creditors’ Committee on Proposed Plan of Reorganization
January 24, 2017
Peabody Energy has reached agreement by which the Unsecured Creditors’ Committee (UCC) will support the company’s proposed plan of reorganization. This agreement builds on momentum regarding the company’s proposed plan, which has received substantial support in recent weeks by holders
Freeport-McMoRan Reaches $600 Million Deal to Clean Up Navajo Nation Abandoned Uranium Mines
January 20, 2017
The federal government has reached another settlement for cleanup work at abandoned uranium mines across the Navajo Nation. The U.S. Justice Department, Environmental Protection Agency and tribe announced a settlement agreement Tuesday with two affiliated subsidiaries of Freeport-McMoRan for the
McConnell Introduces Bill to Fund Coal Miner Health Plans
January 20, 2017
Top Senate Republican Mitch McConnell on Tuesday introduced legislation to maintain health benefits for retired union coal miners whose companies have declared bankruptcy in recent years. McConnell was among those who successfully worked last year to provide a four-month extension
Miners Protection Act Reintroduced in U.S. Senate and House
January 20, 2017
The debate over whether to extend a lifeline to retired miners whose health insurance and pensions are in jeopardy is primed to begin anew. A previous version of the Miners Protection Act died after it did not receive the required
Navajo Nation Vows to Fight EPA for Toxic Mine Spill in Colorado
January 20, 2017
Navajo Nation officials say they are outraged the Environmental Protection Agency is refusing to pay millions of dollars in claims filed against it following the devastating Colorado Gold Mine spill. The federal agency has accepted responsibility for the August 2015
McConnell Sends Letter to President-elect Trump Proposing Ways to Revitalize Coal industry
January 20, 2017
Senate Majority Leader Mitch McConnell (R-Ky.) released a letter he sent to President-elect Donald Trump proposing ways the incoming administration can revitalize the region’s coal industry. McConnell, who has blamed President Obama for coal’s downfall, said environmental regulations are largely
U.S. Mining Deaths Drop to Another New Low in 2016
January 20, 2017
Last year ended as the safest ever for American miners, according to the U.S. Department of Labor’s Mine Safety and Health Administration. Preliminary data released by MSHA states 26 miners died in work-related accidents at the nation’s mines — down
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