UC Hub Group Announces Agreement for Montana Gold and Royal American Sapphire Property

UC Hub Group, Inc. announces the signing of a binding letter of intent agreement to mine the gold and sapphire mine near Helena, Montana in exchange for shared revenue. Formal contracts are being prepared this week by counsel for execution. The Montana mine will produce revenue from gold and sapphires and will allow UC HUB to place the UC HUB Gold Wash Plant on the private property to begin mining... 

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Proposed Canadian coal-bed methane exploration worries officials

A new proposal to drill for coal-bed methane north of Glacier National Park has Montana officials looking for a permanent solution to energy development issues in southeastern British Columbia. “We’re tired of fighting this project after project after project,” said Rich Moy, water management chief with Montana’s Department of Natural Resources and Conservation. “What... 

Energy company gets tentative OK for coal-bed methane injection wells

An energy company has tentative state approval to drill two injection wells for a pioneering step in Montana’s emerging coal-bed methane industry: Water brought forth in the extraction of coal-bed methane would be sent back into the ground. The Montana Board of Oil and Gas Conservation on Thursday approved conditionally two injection wells for Wyoming-based Pinnacle Gas Resources Inc. Pinnacle... 

Mining lawsuit: State, Arco reach deal

The state of Montana is ready to settle a nearly 25-year lawsuit against Atlantic Richfield Co. over environmental damage caused by mining and smelting in Butte and Anaconda. The Montana Department of Justice and the Atlantic Richfield Co. have reached a confidential agreement to settle the final three outstanding natural resource damage claims, according to court documents filed recently in U.S. District... 

State approves Bull Mountain mine expansion

The Bull Mountain coal mine south of Roundup recently received state approval to significantly expand the area to be mined using the underground longwall mining method. The mine plan revision will enable the company to take advantage of its reserves by recovering more coal more efficiently, said John DeMichiei, president and chief executive officer of Bull Mountain Coal Mining Inc., formerly BMP Investments... 

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Apollo Gold Updates Progress on the Montana Tunnels Mine Joint Venture

Apollo Gold Corporation is pleased to report on the progress of the open-pit wall remediation work and the development of the new wall ramp at its Montana Tunnels Mine (the ”Mineã¢â‚¬Â), located near Helena, Montana. As previously announced, on August 1, 2006, Apollo entered into a joint venture (the ”JV Agreementã¢â‚¬Â) with Elkhorn Tunnels, LLC (”Elkhornã¢â‚¬Â),...