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Montana coal mine deal includes secret side settlement

2016-01-14 08:46:23| Waste Management - Topix.net

A deal to keep an underground coal mine operating in central Montana includes a secret side settlement between an environmental group and the mine's owner. The Montana Board of Environmental Review on Tuesday approved the agreement between Signal Peak Energy, the Montana Environmental Information Center and the state Department of Environmental Quality.

Tags: side includes deal secret

 

Sherritt, Sumitomo take $1.7 bln hit on Madagascar nickel mine

2016-01-13 10:32:31| Food - Topix.net

Jan 13 Canada's Sherritt International Corp and Japan's Sumitomo Corp said on Wednesday they would book more than $1.7 billion of losses on their Ambatovy nickel mine in Madagascar, as prices at 12-year lows wreak havoc among miners. The companies had been ramping up production at the 60,000 tonne a year nickel mine, but the prolonged slump in commodities is taking an ever greater toll on miners and traders, forcing losses, asset sales and writedowns, with no end in sight as the new year starts.

Tags: hit mine madagascar nickel

 
 

Sherritt, Sumitomo take $1.7 bln hit on Madagascar nickel mine

2016-01-13 09:07:07| Grocery - Topix.net

Jan 13 Canada's Sherritt International Corp and Japan's Sumitomo Corp said on Wednesday they would book more than $1.7 billion of losses on their Ambatovy nickel mine in Madagascar, as prices at 12-year lows wreak havoc among miners. The companies had been ramping up production at the 60,000 tonne a year nickel mine, but the prolonged slump in commodities is taking an ever greater toll on miners and traders, forcing losses, asset sales and writedowns, with no end in sight as the new year starts.

Tags: hit mine madagascar nickel

 

Montana looks at partial approval for wilderness area mine - Mon, 11 Jan 2016 PST

2016-01-12 09:51:26| Waste Management - Topix.net

Montana officials are considering giving only partial approval to a $500 million silver and copper mine proposed beneath a wilderness area near the Idaho border, injecting uncertainty into a project that's been in the works for more than a decade. Regulators have continuing concerns with the Montanore Mine's potential effect on surrounding waterways, said Tom Livers, director of the Montana Department of Environmental Quality.

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NY mine where 17 workers got stuck is closed for 2nd day

2016-01-08 16:23:05| Food - Topix.net

The fourth group of workers emerge from an elevator Thursday, Jan. 7, 2016, after they were stuck overnight in a shaft at the Cayuga Salt Mine in Lansing, N.Y. Cargill Inc. spokesman Mark Klein said all 17 miners have been rescued. The last of 17 Cargill salt miners emerge Thursday, Jan. 7, 2016, after being rescued from an elevator stuck 900 feet below the surface at the Cayuga Salt Mine, in Lansing, N.Y. A rescue cage was lowered from a crane to bring them up four at a time.

Tags: day closed 2nd mine

 

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