NEWS — Click on text to read news by category: General | Product | People | Worldwide
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…
49 North Resources JV Partner Announces Major Drill Program for Manitoba Coal Projects
February 1, 2012
49 North Resources has reported that its joint venture partner, Westcore Energy will launch its major winter drilling campaign on its FNR JV coal project located near The Pas, Manitoba. The FNR JV drill program is planned for 15-20 holes (2,200…
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…
Commentary: Obama Renewing War Against Coal
January 27, 2012
President Barack Obama talked a lot about “renewable” energy during his State of the Union speech Tuesday night. But he made it crystal clear he plans to renew his administration’s war against coal while forcing expensive, unrealistic non-alternatives down the throats…
Caterpillar Profit Beats Estimates as Mining Demand Increases
January 27, 2012
Caterpillar Inc. reported fourth-quarter earnings and gave a full-year profit forecast that topped analysts’ estimates as demand rose for shovels and trucks. “The mining business is going to continue to be very strong,” Brian Rayle, a Cleveland-based analyst for Northcoast Research…
Big Bear Mining Acquires Property in Elk City Gold Project in Idaho
January 27, 2012
Big Bear Mining has acquired new property in the Elk City gold project in Idaho County, Idaho. The Elk City gold project consists of 48 federal mining claims located in Idaho County, Idaho. The property was acquired from Southern Legacy Minerals,…
International Tower Selects Engineering Firms for Feasibility Study at Livengood Project in Alaska
January 27, 2012
International Tower Hill Mines has selected Samuel Engineering of Greenwood Village, Colorado, to provide process engineering services for its feasibility study on the Livengood Gold Project located near Fairbanks, Alaska. The company has also engaged AMEC Environment & Infrastructure of Denver,…
Pan American Silver to Acquire Minefinders, $1.49 Billion
January 27, 2012
Pan American Silver Corp. has entered into a definitive agreement to acquire Minefinders for about C$1.5 billion ($1.49 billion) in cash and stock to expand production and add reserves in Mexico. “Given the location of Minefinders’ assets, we believe this acquisition…
Oroco Receives Permits and Acquisition of Right of Way for Cerro Prieto Project in Mexico
January 27, 2012
Oroco Resource has reached important milestones in advancing its Cerro Prieto gold and silver project toward production. Those important achievements are: — Receipt of the Environmental Impact Statement / Manifestacion de Impacto Ambiental (MIA) from the Environmental Protection Authorities (SEMARNAT) —…
