Category: Market Buzz

Victory Nickel Inc. finalized its supply contract for washed concentrated sand to be delivered for finish processing at its new Seven Persons frac sand plant (the 7P Plant) near Medicine Hat, Alberta. The completion of this agreement ensures the availability of the highest quality Jordan formation sand from Wisconsin and also provides Victory Nickel with the opportunity to participate in…

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Toronto, Canada-based Claim Post Resources closed a second level of financing that will be used to: 1) carry out a minimum 1,000-meter drilling program towards completing a resource estimation of the Seymourville Frac Sand Project in accordance with NI 43-101 standards; 2) to complete a preliminary economic assessment on the project, which will allow the company to test the market…

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Eau Claire County, Wis., is re-evaluating its guidelines for groundwater, according to a report on WQOW TV. The county’s Groundwater Advisory Committee is focusing on the demand for water and the impact of that demand, in light of local frac sand production which uses high-capacity wells that handle anywhere from a few thousand gallons to a several million per year.…

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According to Wisconsin Public Radio, tribal members of the Ho-Chunk nation are calling for native and non-native people to band together to stop frac sand mining. About 30 people gathered in Black River Falls, Wis., to hear speakers talking about how frac sand mining can lead to environmental damage and possible health problems. The meeting was organized by Andi Cloud,…

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According to The Cap Times, five Republican lawmakers from western Wisconsin, the heart of the state’s frac sand mining boom, are expressing concerns over a Republican bill that would strip local government control to regulate the industry. In a letter to the authors of Senate Bill 349, the lawmakers – Reps. Dean Knudson of Hudson, Thomas Larson of Colfax, Mary…

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According to the Winona Daily News, Independence, Minn., Common Council members gave the green light to annex a portion of the city’s land after previously denying the request. The council rejected the estimated 250-acre annexation proposed by Hi-Crush Proppants LLC during a meeting Oct. 22, but brought the petition back for a special session to vote again. The annexation was…

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Hi-Crush Partners LP announced that Hi-Crush Operating LLC, a wholly owned subsidiary of Hi-Crush, has reached an amicable settlement with Baker Hughes Oilfield Operations Inc., or Baker Hughes, in previously disclosed litigation between the parties and have filed with the State District Court of Harris County, Texas, a Joint Motion to Dismiss with Prejudice with respect to all claims and…

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KBIA Radio reports that The Missouri Department of Natural Resources has postponed its decision on issuing a permit for a proposed frac sand mine in Ste. Genevieve County. The department’s Land Reclamation Commission voted to table its decision for two weeks so it can determine if the mine’s location would violate a federal non-discrimination act. At issue is a residence…

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The city of Decorah, Iowa, has been asked to take a stand on frac sand mining, according to the Decorah Newspapers. Mayoral Candidate Jim McIntosh wrote, “People of Decorah look to the city administration to speak for and to focus our desires for the city we love. We therefore request that the mayor and the City Council employ its influence…

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Frac sand mining in Minnesota now has its own website. Six state agencies created a portal to their frac sand activities and rule-making around the industry. Officials said the site is geared toward easy navigation of the regulatory landscape. In particular, it will help people interested in what the state is doing to develop new rules for managing and permitting…

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