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USC Consulting Expands to Meet Growing Client Needs
February 3, 2012
USC Consulting Group (USCCG) is augmenting its mining and metals practice with additional resources, and applying innovative tools, methodologies, and experience from a wide variety of other industries to better serve its growing global mining and metals clientele. “A majority of…
Patriot Coal Receives Mountaineer Guardian Safety Award for Panther Complex
February 3, 2012
Patriot Coal’s Panther complex has received the prestigious Mountaineer Guardian Safety Award. Mountaineer Guardian Safety Awards are presented each year by the West Virginia Coal Association to mining operations that demonstrate a commitment to operational safety. Inspectors for the West Virginia…
Alpha Natural Resources Affiliates Recognized for Safety Performance at the W. Va. Mining Symposium
February 3, 2012
Six of Alpha Natural Resources affiliates in West Virginia have received the Mountaineer Guardian safety award for 2011. The operations received the award at the 39th annual West Virginia Mining Symposium on in Charleston, W.Va. The following operations at Alpha affiliated…
Goldsource Reports on Border Coal Project in Canada and Converts Exploration Permits to Coal Leases
February 2, 2012
Goldsource Mines has received proximate analyses for the 8 core holes completed during the fall 2011 exploration program at its wholly-owned Border Project located near Hudson Bay, Saskatchewan, Canada. Multiple intercepts of up to 32 meters of continuous thermal coal were…
Cascade Energy Delivers Energy Savings in the Pacific Northwest Industrial Sector
February 2, 2012
Cascade Energy has announced unprecedented energy savings in the Pacific Northwest industrial sector. As the program partner for Bonneville Power Administration’s (BPA’s) Energy Smart Industrial (ESI) program, Cascade Energy helped deliver more than 40 average megawatts in verified energy savings in…
Molycorp to Receive $390 Million Strategic Investment From Molymet
February 2, 2012
Molycorp has reported that Molibdenos y Metales (Molymet), the world’s largest processor of the strategic metals molybdenum and rhenium, has agreed to invest approximately $390 million in Molycorp in exchange for 12.5 million shares of Molycorp common stock. Molycorp has agreed…
Westmoreland Completes Acquisition of Kemmerer Coal Mine in Wyoming
February 1, 2012
Westmoreland Coal Company has completed the acquisition of Chevron Mining Inc.’s Kemmerer coal mine in Lincoln County, Wyoming. Total consideration for the purchase of the Kemmerer mine included a cash payment of $76.5 million and the assumption of approximately $118.0 million…
Coalspur Mines Completes Bankable Feasibility Study on Vista Project in Canada
February 1, 2012
Coalspur Mines has completed a Bankable Feasibility Study (BFS) on the company’s flagship Vista Coal Project. The BFS follows a Pre-Feasibility Study which was completed in December 2010 and is the final major technical study that will be completed prior to…
B&W Awarded $75 Million Environmental Construction Contract for Indiana Power Plant
February 1, 2012
Babcock & Wilcox Construction Co. (BWCC), a subsidiary of The Babcock & Wilcox Company has been awarded a contract worth more than $75 million to provide construction services for the installation of environmental equipment at Northern Indiana Public Service Company’s R.M.…
FirstEnergy to Close Six Coal-Fired Power Plants, Citing Impact of Environmental Regulations
February 1, 2012
FirstEnergy will retire six older coal-fired power plants located in Ohio, Pennsylvania and Maryland by September 1, 2012. The decision to close the plants is based on the U.S. Environmental Protection Agency Mercury and Air Toxics Standards (MATS), which were recently…
