USA Mining News

It’s time to invest in gold: Haywood

Haywood believes that “conditions are ideal” for investment in the gold industry.

Refiners lash out at regulators plans to force banks cover gold holdings

Under the new rules, banks will need a higher ratio of longer term, more pricey funding against the precious metal on their balance sheets, they argue.

Mexico's mining sector to reach $17.8bn by 2020 on the back of silver, zinc prices

The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.

Oil prices to rise in 2017: World Bank

The new forecast is a response to OPEC's decision to limit production after a long period of unrestrained output.

Cooling fans can consume up to 10 pct of an engine's fuel

Fans driven using viscous technology.

What to expect from the next generation of autonomous trucks

Equipment will be making decisions on its own.

Rio Tinto to ship less iron ore despite increased demand from China

Smaller rival Fortescue Metals went the opposite way — it increased iron ore exports by 5% in the Sep. quarter.

BHP Billiton to lose chairman Jac Nasser next year

He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.

Mergers and Acquisitions: An integral component contributing to the growth of the mining equipment market

Advancement in technology and increase in mining activities contribute to the growth of the mining industry.

Cat scales back room and pillar business

CAT said it remains committed to existing customers.

Gold Miners: The lull before the calm before the storm

The USD is up 5% in the last 3 months and gold is holding just above $1269/oz, as we write. The presidential election might be center stage but the possibility of a rate hike before the year end is being eagerly observed.

Gold prices up

December Comex gold was last up $7.40 an ounce at $1,270.30.

Joy Global shareholders approve $3.7 billion acquisition by Komatsu

The deal still remains subject to closing conditions and regulatory clearances.

Congo takes Freeport, Lundin to court over sale of Tenke Fungurume

The Congo mine, which cost $3 billion to build, holds one of the world’s largest known copper resources.

Is this Nord Gold's next takeover target?

Columbus Gold is a junior miner headquartered in Vancouver, with an exploration office in Nevada, and two primary assets – one in the US (Nevada) and one in South America (French Guiana).

World’s top miner BHP Billiton finally sees signs of recovery in mining

BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.

ISS gives Potash Corp-Agrium merger its blessing

The deal, the biggest Canadian merger since CNOOC Ltd. bought Nexen Energy ULC in 2013, would create the world’s largest crop-nutrient supplier, worth about $36 billion.

Battle against Nevada molybdenum mine goes to appeals court

Activists say the Mount Hope project will have a devastating effect on local water supplies.

New Oil Categories Extend Off-Road Diesel Engine Performance & Protection

The new API CK-4 oils deliver many benefits that directly address major issues with off-road equipment, including extended drain intervals, reduced engine wear, and ability to extend engine rebuild intervals.

This gold mine was shut during WWII. Now is operating again

Soledad Mountain Project's gold and silver production is projected to average 74,000 oz and 781,000 oz respectively per year.

Congo’s cobalt production set to soar despite claims of child labour

Last year, the country's cobalt production accounted for just over half of the world's output.

Miners still sceptical that coal surge will hold

Prices rose after China — the world’s biggest consumer and producer — cut its output.

Caterpillar CEO Oberhelman to step down in March

Jim Umpleby, group president for energy and transportation, will succeed Oberhelman as chief executive.

California Gold appoints IAMGOLD co-founder Larry Phillips as advisor to the Board and Executive Management

California Gold Mining Inc. is pleased to announce the appointment of veteran gold mining executive, Larry E. Phillips, as an Advisor to the Board of Directors and Executive Management.

World’s two largest gold producers disagree on mine value

Newmont is interested in buying Barrick Gold’s half of the Kalgoorlie Super Pit "at the right price."