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TECO Energy exits the coal mining industry
TECO Energy has entered into a deal to sell its wholly owned TECO Coal plus subsidiaries to Booth Energy Group's Cambrian Coal for $170m. The sale is part of TECO's restructuring plan, under which the company sold its...
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Allied Nevada’s Hycroft mine mill expansion in US to cost additional $66m
US-based metals miner Allied Nevada Gold has revealed the results of the prefeasibility study (PFS) carried out in May which found that the Hycroft mine's mill expansion would cost an additional $66m, taking the total cost of the project...
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Areva starts uranium ore processing at McClean Lake mill in Canada
French group Areva has started processing ore mined from one of the world's largest uranium mines, Cigar Lake, at its McClean Lake mill in Saskatchewan province, Canada. McClean Lake mill is located 70km from the $2.4bn Cigar Lake...
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Ontario Government to fund mining research projects in Sudbury
The Ontario Government will invest around $900,000 on mining-related industry research in the Canadian city of Sudbury to generate jobs, reduce operating costs and enhance the safety of mine workers. The funds will be provided through the Northern...
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Lundin Mining begins production at $400m Eagle project in Michigan
Canada-based Lundin Mining has started commercial production at its $400m Eagle nickel-copper mine in Michigan, US. The company announced that construction activities are now complete and the project has been delivered on-budget and ahead of schedule. Lundin...
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Uranium Energy reveals PEA results of Anderson project in Arizona
Uranium Energy has received the results of the preliminary economic assessment (PEA) for its Anderson project near Phoenix, Arizona. Located in western Yavapai County north-west of Phoenix, the project covers a 9,852 acres area, 450 mining and placer...
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PotashCorp may increase production capacity at Canadian mines
Canada-based Potash Corporation of Saskatchewan (PotashCorp) may increase production at its Canadian mines from around 9.2 million tonnes (Mt) this year to 11Mt of potash a year by 2015. Speaking at the Credit Suisse investor conference in New...
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