The Mine Safety and Health Administration (MSHA) reminds producers that mining in hot work areas during the summer can cause serious health issues for miners. Everyone needs to recognize the hazards of heat stress and mine operators should provide heat-stress recognition training, monitoring and personal protective equipment. Symptoms of Heat Stress Skin is hot, usually dry, red or spotted. Body…
Read MoreDay: May 22, 2023
Athabasca Revenue Spikes 185%
Athabasca Minerals Inc. announced 2022 year-end financial results and fourth-quarter 2022 financial results. The company is reporting: Gross revenue of $34,579,732 for the fiscal year ended Dec. 31, 2022, versus gross revenue of $12,129,249 for the period ended Dec. 31, 2021, an increase of 185%. Net income of $12,167,346 for the fiscal period ending Dec. 31, 2022, versus net loss of $2,187,088 for…
Read MoreMichigan Governor Signs Tax Exemption Bills
Michigan Gov. Gretchen Whitmer (D) signed Senate Bill 97 and House Bill 4054 into law. The bills will lower costs for Michigan residents by amending the Use Tax Act to exempt from taxation the sale of property, used for production, manufacturing or recycling of aggregate by the property if the aggregate would be used as an ingredient or component part…
Read MoreNew Life for Eagle Mountain?
March 22, 2023 – Exactly what is Ecology Mountain Holding, the company that bought “mineral rights” in the ghost town of Eagle Mountain, Calif., from Eagle Mountain Acquisition LLC for approximately $22.5 million? A “for sale” sign at the town’s entrance promising rock products and minerals begs some rather large questions. Is the former Kaiser Steel mining town about to get new life?…
Read MoreMexican Government Again Seizes Private Property
The Mexican government sent in marines to take over part of a private railway line in southern Mexico, according to an AP report. It marked the second time this year that President Andrés Manuel López Obrador’s administration has seized ports or rail lines from private companies. In March, police and soldiers stormed in to seize a Caribbean coast seaport owned by…
Read MoreHolcim to Deploy 1,000 Volvo Electric Trucks
Holcim will deploy up to 1,000 electric trucks from Volvo by 2030, the company announced. Delivery for the first trucks will start in the fourth quarter of 2023. This is the largest commercial order to date for Volvo electric trucks. Both companies are founding members of the First Movers Coalition (FMC), a coalition of companies that use their purchasing power…
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