USA Mining News

Mayday, mayday, gold is sinking!

An irresponsible U.S. fiscal policy seems to be the only bullish gold’s driver in operation right now.

Why rough diamond prices are at a 52-week high

Forecasted industry fundamentals point to an environment favoring higher diamond prices over a period of at least the next four years.

Blockchain will completely revolutionize how we mine gold and precious metals

Tracking metals across the supply chain has become increasingly important to businesses and consumers - with blockchain, there’s no hiding anything.

Goldcorp says Peru and Nevada would make portfolio perfect

Goldcorp Inc. CEO David Garofalo says he’s happy with his company’s portfolio of assets, but that doesn’t mean he doesn’t have a wish list.

Rio Tinto says investors to take stance on Oyu Tolgoi as ‘test case’

Rio Tinto has called for less interference at its giant copper and gold mine in Mongolia, as it moves forward with an underground expansion.

Shares of Colorado mining junior rocket on US critical minerals list

Niocorp's $1 billion Nebraska scandium-niobium-titanium project would reduce US dependence on Russia and China for superalloys used in defence industry.

Virginia uranium mining dispute draws US Supreme Court review

Court agrees to consider overturning a ban on mining at the site of the nation’s largest known uranium deposit.

Tía María copper project gaining legitimacy in Peru: exec

Southern Copper’s Manager of Technical Services said that the company has been able to knock down previous resistance from local communities.

The big battery boom hits another roadblock: fire-fearing cities

 The new era of big batteries has already drawn scrutiny after fiery electric-car crashes across America and Europe.

US confirms list of 35 key minerals, targets domestic supply boost

Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the US deems essential to national security.

Glencore drops as British regulators looming probe adds to Congo issues

Britain’s Serious Fraud Office plans to open a formal bribery investigation into Glencore and its deals with Israeli billionaire and former partner Dan Gertler.

Global consumer demand for diamond jewellery hits new record high of US$82 billion

An increase in self-purchase of diamond jewellery helped drive demand, representing 33% of total US diamond jewellery pieces acquired in 2017.

IEA: high oil prices "taking a toll" on demand

Geopolitics has taken over the oil market, driving oil prices up to three-year highs.

China’s Tianqi Lithium buys minority stake in SQM for $4.07bn

The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.

Australia's Kidman Resources to supply lithium hydroxide to Tesla Inc

The deal is for an initial three-year term on a "fixed-price take-or-pay basis."

EU heads discuss bold-or-fold strategy toward Trump tariffs

European leaders sought unity on Wednesday toward threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions.

Ray Dalio, Paulson keep faith in gold amid rate hike headwind

Rising interest rates have trimmed the metal’s gains.

Oakland port ban on coal shipments blocked by US judge

As demand for coal in the U.S. declines, miners depend increasingly on overseas markets.

Nevada copper provides positive update on drill program: intersects copper mineralization in pit extension zone

Drill hole NC18-01, located in the Northern Extension Zone, intersected multiple zones of mineralization along the hole.

Gold price crashes through $1,300 – worst fall in 17 months

Bullion brought down by US bond yields at seven year high and a bounce back for the dollar.

Rio Tinto says climbing costs, resource nationalism once again big threats

Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.

As Trump haggles with China on trade, company fortunes at stake

Trump has proposed imposing duties on as much as $150 billion in goods over China’s alleged theft of intellectual property and unfair trade practices.

Supercycle may be setting up for higher commodity demand

Conditions may be in place for increased demand and increased prices for a number of commodities including natural gas, copper, aluminum, and gold.

India's thermal coal imports rise over 15 pct in Q1 – trader

India's rising coal imports are contributing to higher demand across Asia this year.

Canada / U.S. big players announce world’s first carbon-free aluminum smelting process

Alcoa and Rio Tinto announced the launching of Elysis, a joint venture company whose goal is to push towards commercial production a newly discovered, carbon-free aluminum smelting process.