Environmental groups sue to stop coal leases in Wyoming

Citing global warming, environmental groups are asking a federal judge to call a halt in Wyoming to one of the largest coal-mining plans ever approved by the US government. In a lawsuit filed on Wednesday in US District Court in Washington, DC,...

Stillwater reports huge Q1 profit drop

Billings, Montana-based Stillwater Mining said on Thursday first-quarter profit plunged 93% to $2.4-million, dragged down by exploration expenses on a copper property the palladium producer bought last year, as well as higher production costs....

Revett to relook Rock Creek capital costs this year

Revett Minerals, which this week reported a $13.5-million profit for 2011, will update the capital estimate for its planned Rock Creek mine in Montana this year, CEO John Shanahan said. The company previously estimated the mine would cost...

Mitsubishi buys 25% of Marathon PGM project

Billings, Montana-based palladium and platinum producer Stillwater Mining has agreed to sell a 25% stake in its Marathon project in Ontario to Mitsubishi for $94.6-million, including a commitment from the Japanese firm to meet the venture’s...

Company Announcement: Mine Development Commences At New Departure

Black Mountain Resources Limited is pleased to announce that an agreement has been signed with Groundhog LLC of Dillon, Montana to assist with planning and preparation for exploration, underground development and mining operations at the New...

Palladium price to continue gaining ground on platinum

Supply constraints out of South Africa, the biggest platinum producer, coupled with shrinking palladium shipments from Russia, mean that the prices of the two metals will continue to move closer together, Stillwater Mining CEO Francis McAllister...

Stillwater Q4 trumps street view

Stillwater Mining on Tuesday said fourth quarter profit rose 50% year-on-year to $24.7-million, as higher prices more than offset a drop in platinum and palladium prices. That translated into net earnings of $0.21 a share, well exceeding analyst...

Company Announcement: Announces Montana Oil Production

VANCOUVER, B.C., February 9, 2012 - Hillcrest Resources Ltd. (the "Company") (TSX.V:HRH ) announces that the Company has been successful in its efforts to rework an oil well for purpose of daily production. The Tulla well, located in Pondera...

US diversified miner finds platinum in Idaho

US-based exploration mining company Texas Wyoming Drilling’s (TWDL’s) unexpected platinum deposits discovery at its Blue Jacket gold mine in Idaho, in the US, could make it only the second miner in the US to produce viable amounts of...

Company focused on acquiring troubled gas projects

US-based gas exploration company High Plains Gas (HPG) plans to build stockholder value through profitable growth in reserves and production, which will include investing in and developing existing programmes as well as growth through exploration...

Stellar to take full control of Heemskirk project

ASX-listed Stellar Resources has reached an agreement with fellow listed Gippsland to take full ownership of the Heemskirk tin project, in Tasmania. In return for Gippsland’s 40% stake in the Heemskirk project, and subject to shareholder...

Golden Sunlight mine, Canada

An opencast mine, situated in Canada.