Natural Resource Partners Benefits from Aggregates Acquisition

Oil and gas, coal, aggregates and industrial-minerals producer Natural Resource Partners L.P. (NRP) reported revenues of $91.6 million for the third quarter of 2014 compared to $82.2 million for the third quarter of 2013, and distributable cash flow, a non-GAAP measure, of $57.8 million compared to $104.6 million for the third quarter of 2013.

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This Week’s Market Buzz

Grant County, Wis., Circuit Court Judge Craig Day ruled in favor of Pattison Sand Co. in its lawsuit against the Lower Wisconsin State Riverway Board (LWSRB), according to SWNEWS4U.COM. The ruling overturns the decision by the LWSRB last August to deny permits to the Pattison Sand Co. to mine frac sand within the Riverway boundary. Unless the LWSRB chooses to…

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This Week’s Market Buzz

According to the Allamakee County Standard, the Allamakee County, Iowa, Board of Supervisors held a public hearing regarding the regulation of frac sand mining and other industrial minerals. Allamakee County Zoning Administrator Tom Blake said the county received an application for the mining of silica sand almost two years ago, and though that application was eventually withdrawn, it did bring…

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Victory Mountain Secures Frac Sand Permits

Victory Mountain Ventures Ltd. has entered into an option agreement, subject to the approval of the TSX Venture Exchange, whereby it may earn a 100 percent interest in eight Metallic and Industrial Minerals Permits totaling approximately 737 sq. km located west of Fort McKay, Alberta, Canada, in the Fort McMurray area of northeastern Alberta.

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