In a significant victory for the mining industry, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit recently dismissed challenges filed by six environmental groups of EPA’s decision not to require financial assurances for hardrock mining facilities under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA or Superfund), according to Mark Ellis, president…
Read MoreDay: August 22, 2019
Smart Sand Tons Sold, Revenues Up in Second Quarter
Smart Sand Inc. second-quarter revenues were $67.9, an increase of 31% compared to first-quarter revenues of $51.8 million, and an increase of 25% compared to second-quarter 2018 revenues of $54.4 million.
Read MoreHi-Crush Whitehall Plant Goes Idle
According to the Lacrosse Tribune, the Hi-Crush Frac and Sand Mine in Whitehall, Wis., is closing. The closure means 35 to 40 people will lose their jobs.
Read MoreCovia’s Volumes, Revenues Increase
Covia announced results for the second quarter ended June 30. As a result of the merger that closed on June 1, 2018, Covia’s 2018 reported results under U.S. generally accepted accounting principles include the consolidated financial results of both Unimin Corp. and Fairmount Santrol Holdings Inc. for the seven months ended Dec. 31, 2018, as well as the stand-alone results…
Read MoreThis Week’s Market Buzz
West Texas Intermediate crude for October delivery fell by 5 cents, or 0.09%, to $56.08 a barrel at press time. The October contract for global benchmark Brent crude rose 41 cents, or 1%, to $60.64 a barrel on ICE Futures Europe.
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