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Select Sands Corp. Receives Authorization to Quarry

Select Sands Corp. announced receipt of an unconditional Authorization to Quarry with respect to its Sandtown quarry site, located in Independence County, Ark. The Authorization to Quarry, which is dated May 1, 2015, was issued by the Arkansas Department of Environmental Quality (ADEQ) pursuant to the Arkansas Quarry Operation, Reclamation and Safe Closure Act for a five-year period ending April 30, 2020.

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U.S. Silica Reports Decline for First Quarter

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 of business development expenses, $7.6 million of which was related to an adverse, unanticipated arbitration ruling.

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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. Hi-Crush will operate the frac sand terminals at these facilities, with the frac sand sourced from its production facilities in Wisconsin, and ARB will operate the crude-by-rail terminals.

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