USA Mining News

Barrick shares bounce on final permits for giant Alaska gold mine

Rough day for world's top gold mining company ends on high note.

Look away from the US and gold prices are soaring higher

Gold may be trading at its lowest in 18 months in dollar terms but look at the precious metal in other currencies and you can see it’s still serving its role as a safe-haven asset.

CHARTS: Warning for bears as gold price drops through $1,200

Hedge funds' bearish bets hit new record amid historically low gold price volatility as new report warns of "complacency" and "trend projection".

New lawsuit against EPA for Gold King Mine spill

A federal court in Albuquerque received a lawsuit filed by 295 Navajo farmers and ranchers against the federal agency.

Trump escalates feud with Turkey, imposing higher metals tariffs

Trump's move sendsReut Turkey's lira currency deeper into tailspin

Barrick ‘was almost dead’: Thornton pulls no punches on gold miner’s missteps

Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that’s not tier 1 or deemed to be “strategic.”

"Catastrophic" shutdowns expected at Rusal if U.S. sanctions remain

Under the terms of the sanctions, imposed in April in response to Moscow's alleged meddling in the 2016 U.S. election, U.S. customers must wind down business with Rusal by Oct. 23.

This $6.2 million mansion was once 40-room hotel for gold miners

The Goldminer Hotel, established in 1919 at the entrance of the Little Daisy Mine in Jerome, Arizona.

Shanghai rebar dips from 6-yr high; tradespat escalates

Rebar open interest falls to lowest in 4 months.

Linamar sees higher metals costs as 'opportunistic' U.S. companies hike prices

The U.S. Commerce Department said it was investigating recent steel price hikes to determine whether some market participants were "illegitimately profiteering" from 25 percent tariffs introduced by Trump on steel imports.

Hexagon acquires mine safety specialist, Guardvant

Guardvant specializes in advanced technologies to improve operator performance, create a more productive work environment, and protect assets.

Coal miners to see improved finances: Fitch

The market research firm states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong.

Sole supplier puts cobalt (and EV) market at risk: IEA

For the International Energy Agency, having the Democratic Republic of Congo as the supplier of almost 60 per cent of the global production of cobalt is a risky business.

Russia's Rusal shuts down Nadvoitsky plant due to U.S. sanctions

Russia's Rusal, the world's largest aluminium producer outside China, has started shutting down production at one of its smaller plants as a result of U.S. sanctions on the company, Rusal representatives said on Monday. Operations […]

Strange metal makes electrons work in teams: scientists

Cuprates may carry current in a way entirely different from conventional metals such as copper.

USTR reviewing Turkey's trade preferences after tariff retaliation

Imports of jewelry, precious metals and stone products would be under the microscope.

The wait continues for victims of Gold King mine spill

The U.S. Environmental Protection Agency says it is still reviewing about 380 claims for lost income, fallen property values and other losses.

US electric vehicle charging market to grow to $18.6B

The global fleet of electric vehicles is likely to more than triple to 13 million by the end of the decade from 3.7 million last year.

China plans tariffs on $60B of US goods in latest trade salvo

China proposed retaliatory tariffs on $60 billion worth of US goods ranging from liquefied natural gas to some aircraft.

White House escalates China trade dispute to secure early breakthrough: Kemp

Trump has reportedly rejected a plan to levy tariffs of 10 percent on an additional $200 billion of imports from China and ordered aides to prepare a proposal for tariffs at the higher rate of 25 percent.

RenGold, Newmont expand Nevada project

They want to grow the Ecru Project, located in Lander County.

How big data can help find new mineral deposits

Researchers want to use a type of analysis commonly employed in understanding Facebook connections.

US Steel tumbles as investors seek more from tariff windfall

U.S. Steel Corp. fell the most among peers as a mixed bag of quarterly results left investors wondering if they would see any real benefit from trade policies that have pushed up U.S. prices of the metal.

China stands its ground after Trump amps up tariff threats

China vowed on Thursday to retaliate if the United States acted on a threat to raise tariffs on the Asian nation's exports, fueling fears in financial markets that the trade war between the world's two biggest economies would escalate.

Gold price at 18-month low as US investors sour on bullion ETFs

Investment outflows in the US drive global gold demand to lowest since 2009 as strong economy provides "little incentive to buy gold".