U.S. Silica Holdings Inc. announced net income of $14.8 million or $0.28 per basic and $0.27 per diluted share for the first quarter ended March 31, 2015, compared with net income of $18.4 million or $0.34 per basic share and diluted share for the first quarter of 2014. Earnings per share during the quarter were negatively impacted by $8.3 million…
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Hi-Crush, ARB to Develop Rail Hubs
Hi-Crush Partners LP and ARB Midstream LLC announced that the companies have entered into definitive agreements to jointly develop and operate two energy rail hubs, one in the DJ Basin and one in the Permian Basin. Both facilities will be served by the Union Pacific Railroad, and will provide unit and manifest train capabilities for frac sand and crude oil.…
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According to the LaCrosse Tribune, the Minnesota appeals court panel heard arguments from a sand mine owner protesting a Department of Natural Resources ruling that the mine cannot operate without a special permit because of its proximity to a trout stream. Asking that the state’s ruling be reversed, an attorney for mine owners Tracie and Michelle Erickson of Rushford, Minn.,…
Read MoreVictory Nickel Frac Sand Sales Decrease
Victory Nickel Inc. announced that frac sand sales during the first quarter of 2015 have been slower than anticipated. Sales decreased monthly from January to March and, as a result of current market conditions the company has temporarily suspended production at its Seven Persons, Alberta, Canada, frac sand plant (7P). The 7P Plant was just entering its full production stage…
Read MoreSelect Sands Submits Permit Application
Select Sands Corp. has submitted a Quarry Mining Permit Application to the Arkansas Department of Environmental Quality (ADEQ) for its Sandtown project in Northeast Arkansas.
Read MoreDi-Corp. Hopes to Build New Plant
A well-established Alberta, Canada, company is hoping to set up a plant in Yellowhead County, just west of Peers. Di-Corp is hoping build a frac sand, oil and gas facility beside the CN Rail mainline.
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A Texas based frac sand mining company is backing out of plans to develop a 1,600 acre mine and processing plant in Trempealeau County, Wis. Over the last year, Superior Silica Sands has been in the process of developing a plant between the cities of Independence and Arcadia. As part of the project, Independence annexed the property, but controversy about…
Read MoreNew Fracking Laws Challenged by Industry
Following a process that included more than 1.5 million public comments, Secretary of the Interior Sally Jewell released final standards that she said will support “safe and responsible hydraulic fracturing on public and American Indian lands.”
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Superior Silica Sands (SSS) announced that it will no longer pursue the construction of a silica sand processing facility in Independence, Wis. “This was a difficult but necessary decision,” said Rick Shearer, chief executive officer of parent company Emerge Energy and SSS. “Given current economic conditions affecting the frac sand industry as a whole, as well as the specific mining…
Read MoreTwin Eagle Opens Colorado Terminal
Twin Eagle Sand Logistics, a subsidiary of Twin Eagle Resource Management, opened its Evans, Colo., terminal in the heart of the DJ Basin. The Evans Terminal, which was commercially operational in February, is Twin Eagle’s fourth frac sand terminal and the first located in the DJ Basin.
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