Franklin Mining, Inc. Finalizes Contract with Huiracocha International Service, Securing the Funding Required for the Mining of the Escala Property
LAS VEGAS, May 18, 2012 /PRNewswire/ -- FRANKLIN MINING, INC. (Pink Sheets: FMNJ.pk) – is pleased to announce that the Company has finalized the highly anticipated agreement with a local Bolivian Corporation, Huiracocha International Service SRL, which has provided Bolser Ltda. with the required funding to mobilize and launch production. Bolser Ltda. is the Company's Lead Contractor in providing civil and mechanical work services; including construction and maintenance, mass earth mo...continuedFMNJ MGUY mines oil coal
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Arch Coal Completes Term Loan, Amends Credit Facility
ST. LOUIS, May 16, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today closed on a new $1.4 billion term loan that was upsized from the previously announced $1 billion due to strong investor interest. Separately, Arch finalized its amended senior secured revolving credit facility, as previously planned, which modifies certain financial covenants to provide incremental flexibility over the next two years. Under the terms of the agreements, the upsized term loan will reduce the revol...continuedACI arch mining coal
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KBR Dividend Declaration
KBR Inc. (NYSE:KBR) announced today that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company’s common stock, payable July 16, 2012, to shareholders of record at the close of business on June 15, 2012. KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com. ...continuedKBR coal Services employment
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Introducing the 3M Adjustable Composite Positioning System 11095
3M introduces the new 3M™ Adjustable Composite Positioning System (ACPS) 11095, an easy-to-use positioning spray designed for pre-infusion resin bond dry reinforcements and composite matrices. The unique properties of 3M ACPS 11095 enable it to integrate into the part during resin infusion, eliminating read-through and transition layers in the part post-cure. This patent-pending system offers manufacturers benefits in productivity, esthetics and flexibility. 3M ACPS 11095 is uniquely formul...continuedMMM Guard mining coal
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Arch Western Finance, LLC Completes Consent Solicitation for Its 6 3/4% Senior Notes due 2013
ST. LOUIS, May 15, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced that Arch Western Finance, LLC ("Arch Western Finance"), its indirect subsidiary, successfully completed its consent solicitation with respect to its 6 3/4% Senior Notes due 2013 (CUSIP Nos. 03939RAB6, 03939RAA8, U22142AA8, 03939RAC4 and U22142AB6) (the "Notes"). On May 1, 2012, Arch Western Finance commenced a cash tender offer (the "Tender Offer") for any and all of the Notes. In connection with the Tender Of...continuedACI coal mining arch
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The Micronutrient Initiative, Government of Canada and Teck Launch New Initiative with Senegal Ministry of Health to Save Children’s Lives
DAKAR, SENEGAL--(Marketwire - May 15, 2012) - Canadian partners the Micronutrient Initiative, the Government of Canada and Teck launched a major project with the Senegal Ministry of Health today that will save young lives from diarrhea, a condition that can be deadly if untreated. Each year, 1.5 million children under the age of five die from complications associated with diarrhea, including 6,000 in Senegal. Zinc is an essential micronutrient that can prevent and treat diarrhea, yet two billion ...continuedTCK TCK.A:CA TCK.B:CA coal mining copper
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Penn Virginia Corporation to Participate in Upcoming Investor Events
Penn Virginia Corporation (NYSE: PVA) announced today that it will participate in upcoming investor events. On June 5, 2012, PVA will participate in the 2012 RBC Capital Markets’ Energy & Power Conference, in New York. H. Baird Whitehead, President and Chief Executive Officer, will present an overview of PVA’s operations, including a discussion of strategy and recent activities, in investor meetings. In addition, management will participate in investor meetings during th...continuedPVA Energy coal llc
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Patriot Coal Provides Update On Fiscal Year 2012 And 2013
ST. LOUIS, May 14, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX) announced today that it is revising its outlook provided in its press release issued on May 8, 2012. Based on recent developments involving the potential default by a key customer, Patriot, with respect to its currently priced tons of Appalachia – met coal, revises its anticipated sales volume and average selling prices as set forth below. The current spot market price for this quality of high volat...continuedPCX coal xstrata coals
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Cameco Announces Agreement to Acquire NUKEM
SASKATOON, SASKATCHEWAN--(Marketwire - May 14, 2012) - Cameco (TSX:CCO) (NYSE:CCJ) announced today it has signed an agreement with Advent International to purchase NUKEM Energy GmbH (NUKEM), one of the world's leading traders and brokers of nuclear fuel products and services. Under the agreement, Cameco will pay Advent and other shareholders €105 million ($136 million (US)) on closing subject to certain adjustments. Cameco will receive benefits of owning NUKEM and the obligation for the ...continuedCCJ CCO:CA coal uranium mining
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Alpha Natural Resources Establishes Foundation To Improve Mine Health and Safety
BRISTOL, Va., May 14, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE: ANR), a leading U.S. coal producer, announces the establishment of the Alpha Foundation for the Improvement of Mine Safety and Health, Inc. The Alpha Foundation is a non-profit organization whose mission is to improve mine health and safety through funding projects by qualified academic institutions, not-for-profit entities and individuals associated with those entities. Alpha will contribute a total of $48 mill...continuedANR audit hipaa coal
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Silver Wheaton Reports a Strong Start to 2012 with Record Quarterly Revenues of US$200 Million
TSX: SLW NYSE: SLW VANCOUVER, May 14, 2012 /CNW/ - Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW)(NYSE:SLW) is pleased to announce its unaudited results for the first quarter ended March 31, 2012. FIRST QUARTER HIGHLIGHTS Attributable silver equivalent production of 6.7 million ounces (6.6 million ounces of silver and 2,100 ounces of gold), an increase of 8% compared with Q1 2011. Revenues increased 26% compared with Q1 2011, to a record US$199.6 million, on reco...continuedSLW SLW:CA minerals coal slw
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 11, 2012) - International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX:ITH)(NYSE Amex:THM)(FRANKFURT:IW9) has filed its unaudited first quarter financial statements and associated management discussion and analysis for the three-month period ended March 31, 2012 on May 10, 2012. These documents will be available for viewing on SEDAR and EDGAR and on the Company's website on Friday, May 11, 2012. Shareholders can obtain copies of these document...continuedITH:CA THM mining coal mine
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Alpha Natural Resources Affiliates Recognized for Safety Excellence
BRISTOL, Va., May 10, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE:ANR), a leading U.S. coal supplier, is pleased to announce that several affiliates were recently recognized for safety achievements. The awards were distributed at the 29th Annual Meeting of the West Virginia State Council of the Joseph A. Holmes Safety Association at Oglebay Resort in Wheeling, W. Va. The following Alpha-affiliated operations were recognized: Brooks Run Mining Company, LLC for...continuedANR audit coal hipaa
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VANCOUVER, May 9, 2012 /PRNewswire/ - Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) ("Taseko" or the "Company") reports the results for the three months ended March 31, 2012. Highlights Revenues for the first quarter 2012 were $55.4 million from the sale of 12.8 million pounds of copper and 354 thousand pounds of molybdenum. Total production at Gibraltar (100%), for the quarter ended March 31, 2012 was 20.7 million pounds of copper and 438 thousand pounds of molybdenum. On ...continuedTGB TKO:CA coal mine tgb
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Taseko announces first quarter 2012 gross profit of $17 million
VANCOUVER, May 9, 2012 /CNW/ - Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) ("Taseko" or the "Company") reports the results for the three months ended March 31, 2012. Highlights Revenues for the first quarter 2012 were $55.4 million from the sale of 12.8 million pounds of copper and 354 thousand pounds of molybdenum. Total production at Gibraltar (100%), for the quarter ended March 31, 2012 was 20.7 million pounds of copper and 438 thousand pounds of molybdenum. On a 100% ...continuedTGB TKO:CA coal mines mining
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TORONTO, ONTARIO--(Marketwire - May 9, 2012) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE Amex:DNN) today reported its financial results for the three months ended March 31, 2012. The Company recorded a net loss of $51,987,000 or $0.14 per share for the three months ended March 31, 2012 compared with a net loss of $7,067,000 or $0.02 per share for the same period in 2011. The results for the quarter include a charge of $44,079,000 related to an impairment of the US Mining s...continuedDML:CA DNN mines coal mining
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Thompson Creek prices 6.50% tangible equity units
NYSE: TC TSX: TCM TSX-V: TRX.WT DENVER, CO, May 7, 2012 /CNW/ - Thompson Creek Metals Company Inc. (the "Company" or "Thompson Creek") today announced the pricing of an offering of 8,800,000 of its 6.50% tangible equity units ("tMEDS"), each with a stated amount of $25. The tMEDS priced at $25 each, generating net proceeds of approximately $212.0 million. Of the $220.0 million aggregate stated amount of tMEDS, approximately $177.5 million will be accounted for as equity and $3...continuedTC TCM:CA TRX.WT:CA mining molybdenum coal
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The Securities Arbitration Law Firm of Klayman & Toskes, P.A. (“K&T”), www.nasd-law.com, announced today that it is investigating claims on behalf of Arch Coal, Inc. (NYSE: ACI) shareholders who sustained investment losses due to an over-concentration of Arch Coal stock. Trading above $70 per share in June of 2008, Arch Coal has declined about 90% and is now trading around $8 per share. As a result, investors who held concentrated stock positions in Arch Coal during this time per...continuedACI arch mining coal
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Alpha Natural Resources Awards $149,000 in Annual High School Scholarships
BRISTOL, Va., May 7, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE: ANR), a leading U.S. coal supplier, recently awarded tuition funding to 96 high school graduates in seven states through its High School Scholarship Program. This year's scholarship winners are slated to collectively receive $149,000 during the upcoming academic year, with $576,000 expected to be invested over the next four years. The Bristol, Va. -based company's long-range plan is to provide higher-education s...continuedANR coal hipaa audit
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