Missouri mining industry looks to Illinois fracking bill
The Southeast Missourian reports that the Missouri mining industry stands to gain from an increased need for silica sand, which is used in the process of large-scale hydraulic fracturing - or fracking.
Missouri is not an abundant resource of oil or natural gas, but it is a resource for silica sand. The silica sand is critical for the process of fracking.
Environmentalists in Missouri say there is concern that expanded sand mining will cause environmental damage.
The January 2013 Mineral Commodity Summary by the U.S. Geological Survey says Missouri is the sixth-largest producer of industrial sand and gravel.
Former miners arrested during protest of Peabody Energy
KTRS's Michael Golde is on the scene and reports that the protesters' goal was to get arrested. They hope to draw attention to what they believe is a unfair deal concerning their pension and health benefits.
Peabody's Senior Vice President of Investor Relations and Corporate Communications Vic Svec, says this is a matter between Patriot coal and the United Mine Workers of America. Many of the former miners at the protest, worked for Patriot Coal. They argue that Peabody Energy made Patriot Coal a separate company that was never supposed to succeed. They accuse Peabody of "fraudulent conveyance,” or transfer of money with the intent to hurt creditors, but that charge must be proved to hold Peabody liable for potential losses in retirement benefits.
There were also miners arrested at another protest of Peabody last month. The protest remains peaceful and those miners arrested were very cordial with police, even shaking hands with the arresting officers.
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