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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…
Quadra FNX & Atikameksheng Anishnawbek Sign Memorandum of Understanding
February 2, 2012
Atikameksheng Anishnawbek First Nation and Quadra FNX Mining have entered into a MOU whereby the two parties have agreed to enter into negotiations with the goal of concluding and executing a final agreement. The agreement will define the future working relationships…
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…
U.S. Silver Proceeds With Development Work to Reopen Coeur Mine in Idaho
February 1, 2012
U.S. Silver’s board of directors has approved the 2012 budget and operating plan. Specifically, the company announces that it forecasts 2012 production to be approximately 2.4 million ounces of silver with by-product production of lead to be approximately 6.5 million pounds…
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…
Vale Coleman Mine Halts Operations After Worker Killed in Ontario
February 1, 2012
All operations at Vale’s Coleman Mine near Sudbury, Ont., have been temporarily suspended while the death of an employee over the weekend is investigated. This is the third fatality at a Vale mine in the area in the past eight months.…
