USA Mining News

Detour Gold interim CEO, chairman lose out to Paulson nominees

Paulson, who owns about 6% stake in the gold miner, had nominated eight members to the board.

Bacanora Lithium seeks listing of German unit in 2019

The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.

Global bankers spurn Trump's pleas to keep making loans for coal

Given the economics and how the conversation around coal has shifted, you might as well try to push these banks into rotary phones or horse-drawn carriages.

Australia plans deal with US on 'critical minerals', hopes to boost its exports

This will mean Geoscience Australia and the United States Geological Survey (USGS) will work closely on exploration, extraction, processing and research and development.

President Trump’s coal comeback keeps falling short

In the grand scheme of things, even the 2,500 coal-mining jobs added since Trump took office in January 2017 really don’t amount to much.

Big coal wants consumers to pay for fixing its pollution problem

"CCS is a get-out-of-jail card and a great business opportunity,” - Michael Liebreich, founder of Bloomberg NEF research group.

Aura Resources optimistic about Arizona gold project

As soon as 2019 kicks off, the Canadian miner wants to start mapping and sampling the Gold Chain project.

Trump shifts to reverse by going after electric cars: Noah Smith

The administration would end subsidies for electric cars. Under the existing program, buyers of electric vehicles get a federal tax credit.

Gold-backed ETFs up on stock volatility in November

Gold-backed ETFs registered inflows in all the world's major regions in November, as volatile stock markets fueled flight-to-safety buying.

Barrick announces North America leadership changes

Michael Brown, currently President, Barrick U.S.A., will be retiring from the Company on December 31, 2018.

Newmont says 2019 gold production at mid-point of previous outlook

The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces.

Trump administration to lift barriers to build new coal plants

The EPA has announced plans to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions.

Trade war relief for metals, but bull-bear battle rages on: Andy Home

The macro picture may have brightened just a little after the weekend meeting of the U.S. and Chinese presidents, but signs the global economy is losing momentum, do not bode well for metals demand.

Fiore Gold reports additions to resource estimate of Pan mine

The Toronto-based miner reported that the updated resource estimate has resulted in the addition of approximately 38,000 gold ounces in the Inferred category.

Excelsior closes $75M deal for Arizona copper project

Excelsior will start construction activities at the Arizona Gunnison copper project before the end of the year.

Congo plans to audit Glencore unit's cobalt over uranium levels

Relations with Congolese authorities have grown increasingly strained in recent months as the government pushes for foreign investors to contribute more.

World Gold Council to appoint David Tait chief executive

Tait will take over in February from Aram Shishmanian, the council's CEO for the last decade.

Tacora secures $212m cash to restart Scully mine

The mine has been closed since 2014 when former-owner Cliffs Natural Resources pulled out of Canada.

Nevada Zinc starts PEA for Lone Mountain project

The project is the company's flagship mine and it comprises 231 claims covering 1,619 hectares.

BHP unveils world-class copper find near Olympic Dam in South Australia

It is already being called by some experts “the thickest high-grade copper intersection seen in years.”

GM unplugs the Volt, but EVs aren’t dead: Liam Denning

Farewell Chevy Volt, we hardly knew ye.

Chile is taking Albemarle to International Court over lithium prices

The country's state development agency says Albemarle has failed to provide as much as 25% of its annual production at a discount to companies seeking to produce battery metals within Chile, as stipulated in a contract signed in 2016.

Shale boom raises specter of new glut: Gulf Coast oil terminals

The race to export U.S. shale oil overseas is about to get fierce.

Liberty Gold expands mineralized footprint in Utah at Goldstrike

The project, near the Nevada border in southwestern Utah, hosts disseminated gold mineralization similar to deposits on the Carlin Trend.

Gold production to grow in the next four years: report

According to Fitch Solutions, slightly higher prices and stronger company financial positions are encouraging greater mine investment.