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Hudbay to Purchase Minority JV Interest Rosemont Copper Mine for $75 Million, Arizona
March 15, 2019
Hudbay Minerals Inc. has reached an agreement with United Copper & Moly LLC (UCM) to purchase UCM’s 7.95 percent interest in the Rosemont project, and to terminate all of UCM’s remaining earn-in and off-take rights, for upfront cash consideration of
International Cobalt Acquires District-Scale Gold-Cobalt Project, Idaho
March 15, 2019
International Cobalt Corp. has acquired by staking, the JA Project located in the cobalt region of Lemhi County, Idaho. The project is located within a geological trend that is prospective for cobalt and gold mineralization in the area of the
Harte Gold Commences Commercial Production at Sugar Zone Mine, Ontario
March 15, 2019
Harte Gold has achieved commercial production at the Sugar Zone Mine. “Since start-up of the mill, our focus has been on reaching commercial production in an efficient and cost effective manner. I believe our team has done a remarkable job
Sokoman Iron Acquires Altius’ Moosehead Gold Property, Canada
March 15, 2019
Sokoman Iron Corp. has acquired 100 percent interest in the Moosehead Gold Property. “This is a significant milestone for Sokoman and its shareholders. Altius has notified us of the transfer of ownership, and the transfer of license was approved by
Weir’s ESCO Division to Expand Production, Hire More Workers at Newton Facility, Mississippi
March 14, 2019
Weir Group says it’s increasing its investment in Newton, expanding production and adding 150 additional highly-skilled jobs. According to a news release from the governor’s office, the mining equipment manufacturer is putting an additional $15 million into the Newton operation.
Senate Panel Advances Funding Plan for West Coast Deep-water Port
March 14, 2019
One way or another, $53 million of Utahns’ money soon may get sunk into a deep-water export terminal on the West Coast in an effort to shore up the state’s fading coal industry. On Monday, a Senate panel advanced a
President Trump’s Fiscal 2020 Year Budget Sustains Coal Support
March 14, 2019
President Donald Trump’s fiscal 2020 year budget proposes less restrictive cuts for coal-related programs than for other government areas, in some cases even increasing funding. The proposed budget released today would trim funding to the Interior Department’s Bureau of Land
Government Considering W.Va. Site for Mine Safety Lab
March 14, 2019
The federal government is considering a West Virginia site for a new research center and testing laboratory for underground mine safety. The Charleston Gazette-Mail reports the National Institute for Occupational Safety and Health is interested in a 460-acre tract straddling
March 30: Penn State to Host Eastern Collegiate Mine Rescue Contest
March 14, 2019
Penn State will host the 2019 Eastern SME (Society for Mining, Metallurgy and Exploration) Spring Collegiate Mine Rescue Contest from 8 a.m. to 2 p.m. on Saturday, March 30, at the Penn State Snider Agricultural Arena. Seven competitive mine rescue
Colorado Coal Jobs See Modest Uptick in 2018
March 14, 2019
After years of losses, Colorado coal jobs stabilized in 2018. The industry saw 4 percent job growth, a total of 1,304 jobs across the state. “We’ve had a tough time since the peak of coal production in 2004,” said Colorado
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