USA Mining News

Copper price is getting crushed

Losses come despite huge drop in the dollar and consensus forecasts point to further declines in 2017.

Mosaic to reopen Colonsay potash mine in a matter of days

Decision to resume operations at the mine was based on Mosaic's expectations that 2017 will be a stronger year for the potash industry.

The top 5 places to work in U.S. oil and gas

Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed.

Three reasons for coming gold price correction

Capital Economics sees gold back at $1,050 an ounce by end of the year.

Gold price: Hedge funds bullish bets jump 57%

Change of sentiment among large-scale gold price futures speculators following eight straight weeks of increasing bearishness.

EPA won't pay mine spill claims

The US Environmental Protection Agency won’t pay the $1.2 billion in claims filed by local governments, farmers, ranchers, tribes, and river-running raft companies.

Mining the Moon: Florida company one step closer

Moon Express wants to mine Helium-3 on the Moon.

Gold price: Top ETF breaks record losing streak

Investors in the world's largest physically-backed gold exchange traded fund – GLD – jump back in after 43 days of outflows.

US Gov’t mulls raising royalties for coal mining in public lands

The Obama administration has called for a broad array of reforms to its coal-leasing program, including royalty rates increases.

Video | Donald Trump's $20 trillion problem

Only a few days after Trump’s inauguration ceremony, the U.S. National Debt will creep across the important psychological barrier of $20 trillion.

Nickel prices plummet as Indonesia eases export ban

Far-reaching new mining rules ease a controversial ban on exports of nickel ore and bauxite.

Oil prices running out of reasons to rally

For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, raising the possibility that the oil rally is running out of steam.

Private capital rotating into mining and metals

Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.

Gold price makes stab at $1,200

Gold futures up again as US dollar retreats over Trump stimulus uncertainty.

Egypt opens gold assets to foreign companies, first time since 2009

First international tender for gold mining concessions in eight years to be held on Sunday.

Canadian oil sands producers could fetch up to $15 more per barrel with this technology

The adoption of a“partial upgrading” technology could bring in hundreds of millions of dollars into Alberta's economy, a new study claims.

Hedge funds aren't buying into gold price rally

Gold price jumps 1% to five-week high even as large scale derivatives speculators continue to slash bullish positions – down 88% or 25moz in seven months.

For General Electric, mining's future is digital

At MINExpo 2016, GE showcased its cloud-based platform Predix and other applications that help miners drive productivity.

EPA says Colorado mine spill equivalent to 4 to 7 days of ongoing acid drainage

In a final report, the agency acknowledges that concentrations of some metals at the Animas river following the spill were higher than historical mine drainage.

INTERACTIVE: Mining emerges from slump

With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.

Gold price rally gains momentum

Gold price jumps by most since September hitting one month high.

US Republicans pass bill to block last minute Obama regulations on coal

Congress has now the power to kill in one fell swoop dozens of regulations and executive orders recently issued by President Barack Obama.

Take comfort in gold’s long term fundamentals

Rather than ending 2016 on a strong note, the biggest surprise to many was the failure of gold to surge higher in the wake of Donald Trump’s election as the next president of the United States.

Gold close to 4-week high on weaker dollar, surging demand

Analysts believe the upcoming Chinese New Year celebration will likely result in some physical restocking of metal in that country as well as India, the world’s top consumers.

25 miners died in work-related accidents last year in the US

Preliminary data released by the U.S. Department of Labor’s Mine Safety and Health Administration indicate that in 2016, 25 miners died in work-related accidents at the nation’s mines – down from 29 in 2015.