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Preferred Sands Secures $376 Million Loan for Acquisition & Capacity Expansion Projects
January 23, 2012
Preferred Sands recently acquired Winn Bay Sand in conjunction with a $376 million debt offering. Preferred Sands has acquired substantially all the assets of Winn Bay Sand, including mining locations in Blair, Wisconsin and Hanson Lake, Saskatchewan, Canada. As a part…
Texas Utility to Purchase Electricity from Innovative DOE-Supported Clean Coal Project
January 20, 2012
An innovative clean coal technology project in Texas will supply electricity to the largest municipally owned utility in the United States under a recently signed Power Purchase Agreement, the U.S. Department of Energy announced. Under the agreement — the first U.S.…
Dingo Software Pty Ltd Announces Formation of Dingo Mining; New Executive Appointments
January 20, 2012
Dingo Software Pty Ltd has formed a new wholly-owned subsidiary, Dingo Mining. In support of this new business focus, Dingo Mining has made several changes to its leadership team, which were effective January 1, 2012. Steve Bradbury has been promoted to…
Novadx Moves to Full Commercial Production at Rosa Coal Mine, Alabama
January 20, 2012
Novadx Ventures has moved to full commercial production at the Rosa Mine. Since the commencement of full production in December, the wash plant at the Rosa Mine has produced approximately 13,800 tons of coal, which were sold at an average price…
Cliffs Natural Resources Projects 2012 Capital Expenditure Plan
January 20, 2012
Cliffs Natural Resources has projected the full year, 2012 capital expenditures expectations. Cliffs plans to invest approximately $1 billion, comprised of approximately $300 million of sustaining capital and $700 million of growth and productivity-improvement capital. Cliffs’ 2012 capital budget represents an…
Silver Sun Begins Milling Material From Cherry Hill, Oregon
January 20, 2012
Silver Sun Resource has announced that milling of the stockpiled material from the Cherry Hill gold mine will begin at the gravity and floatation circuit mill in Grants Pass, Oregon. Approximately 200 tons of the initial 2,000 tons of material will…
GE Energy Launches New Power Conversion Business
January 19, 2012
GE Energy has taken the next step in the integration of its acquisition of Converteam by renaming the business Power Conversion. Power Conversion’s technologies in process controls, automation systems and high-efficiency power electronics, motors and generators will enable the company to…
Joy Mining Machinery Enters Into a Distribution Agreement With J. H. Fletcher & Co.
January 18, 2012
Joy Mining Machinery and J. H. Fletcher & Co. have signed an exclusive distribution and authorized service provider agreement. The agreement gives Joy the right to market, sell and service all Fletcher products to coal mines, as well as hard rock…
Kennametal to Acquire UK Based Deloro Stellite
January 18, 2012
Kennametal has signed a definitive agreement to purchase the Deloro Stellite Group from Duke Street Capital for approximately euro 277 million. The acquisition, which is expected to close in 60 to 90 days, remains subject to customary regulatory approval and negotiated…
Trevali and First Nations Launch Underground Core Mining Training Program in New Brunswick
January 18, 2012
Trevali Mining has supported and committed to the recently launched First Nations Underground Core Mining Training Program through the New Brunswick Community College (NBCC) in Miramichi. The program is a partnership between the Aboriginal Workforce Development Initiative (AWDI), the New Brunswick…
