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FreightWaves Classics: Fallen Flags – Southern Pacific Railroad


There are many people interested in former transportation companies, whether they were trucking companies, railroads, airlines or ocean lines. They are called “fallen flags,” and the term describes those companies whose corporate names have been dissolved through merger, bankruptcy or liquidation.
This FreightWaves Classics article provides an overview of the Southern Pacific (reporting mark SP) Railroad, which was one of America’s most successful and widely recognized railroads. The Southern Pacific’s heritage is intertwined with one of the most important events in American history – the completion of the Transcontinental Railroad.
A historical overview
The Southern Pacific was an American Class I railroad network that was founded in 1865 and operated until it was acquired in 1996. Its system was primarily in the western and southwestern United States. The system was operated by various companies under the names Southern Pacific Railroad, Southern Pacific C ....

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More Bonanza Grade Gold-Silver at Los Reyes as Ongoing Drilling Expands Guadalupe East and Zapote South 7th Drill Rig Added to the Project


VANCOUVER, British Columbia, May 25, 2021 (GLOBE NEWSWIRE)
Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM), (OTCQB: PRMNF), (Frankfurt: A2PRDW), announces additional positive results from its continuing 15,000-metre first phase drill program (“Phase 1”) at its wholly owned Los Reyes gold-silver project in Sinaloa state, Mexico. The results include new drill core assays from the Guadalupe East and Zapote South deposits which are two of eight known gold-silver deposits that comprise the current mineral resource at Los Reyes. Twelve drill holes are being reported on, including seven holes from Guadalupe East, and five holes from Zapote South (see Figure 1). An additional four drill holes have also been completed at Guadalupe East, each encountering the Estaca vein, with assays pending. A seventh drill rig has been added to the project as the Company pursues completion of Phase 1 drilling prior to the upcoming rainy season.   ....

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WSWS interviews Jorge O'Leary, leader of 1983–86 Phelps Dodge miners strike


WSWS interviews Jorge O’Leary, leader of 1983–86 Phelps Dodge miners strike
At midnight on June 30, 1983, nearly 3,000 Arizona copper miners employed by the Phelps Dodge Corporation went on strike in the desert camp towns of Ajo, Morenci, Douglas and Clifton. For three long years, strikers from 13 local unions fought a ruthless company and its thugs, police, the National Guard, the Reagan administration, the state’s Democratic governor, the National Labor Relations Board, federal court injunctions, and the AFL-CIO, which isolated the strike in order to ensure its defeat. In 1986, the strike was lost, and strikebreaking replacement workers voted to decertify the unions. ....

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Hycroft Nominates Stephen Lang And David Naccarati To Board Of Directors


Hycroft Nominates Stephen Lang And David Naccarati To Board Of Directors
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DENVER, April 14, 2021 /PRNewswire/  Hycroft Mining Holding Corporation (Nasdaq: HYMC) ( Hycroft or the Company ), a gold and silver producer operating the Hycroft Mine in the prolific mining region of Northern Nevada, is pleased to announce that it will nominate Mr. Stephen A. Lang and Mr. David Naccarati, to its Board of Directors at its upcoming Annual Meeting being held on May 24, 2021.
David Kirsch, Chairman of the Board of Directors, said, we are very pleased to invite and nominate Steve and David to the Board of Directors. Both gentlemen are seasoned mining professionals with extensive technical expertise in mining operations, mine development, safety and leadership and will be joining at a critical time where their depth of operational and technical experience will be important in guiding the Company as we continue to deve ....

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