USA Mining News

Barrick, Newmont JV completed, world’s largest gold producing complex is born

The new business, yet to be named, is set to be the world’s largest gold producing complex.

Stock euphoria stunts gold

Realize gold’s big problem right now is universal stock-market euphoria at extreme stock-bull-peaking levels. But that won’t last, it never does.

Automakers invest heavily in electric vehicles despite still-low demand

Officials said their companies are charging ahead with a flurry of new electric vehicle models, citing rising regulatory requirements globally.

Coal prices are up and US miners still can't catch a break

The global coal markets have been on a tear lately, and America’s miners are still tanking.

Done deal: Newmont Goldcorp becomes world’s No. 1 gold miner

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.

Sherritt sees no impact as Trump lifts ban on lawsuits against foreign firms in Cuba

The complete lifting of the ban could allow billions of dollars in legal claims to move forward in U.S. courts and likely antagonize Canada and Europe.

Venezuela unrest may hurt Crystallex bid to reclaim $1.2B

Confusion over who’s in charge in Venezuela may keep Crystallex International Inc. from collecting a $1.2B arbitration award.

A coal miner's less-is-more lesson for frackers

Arch Coal Inc. has a novel approach to beating the market: by not getting any more valuable.

Industry groups sign MoU on responsible tin sourcing

The International Tin Association and the Responsible Business Alliance want to join forces to tackle minerals sourcing challenges from higher risk areas.

Trump's former interior secretary joins board of gold miner

Zinke left his post in January amid several federal investigations into his travel, political activity and potential conflicts of interest.

Interactive map pinpoints lead battery energy storage installations globally

Lead battery-powered energy storage highlighted by research consortium’s online map.

Nevada Copper files Pumpkin Hollow open pit prefeasibility study

The new technical report shows improved economics, simplified build and phased expansion.

How central bank gold buying is undermining the dollar

The reason for central banks’ recent gold accumulations has little to do with safe havens and a lot to do with chipping away at the US dollar’s role as the reserve currency.

Hecla Mining’s water permit for Montana mine revoked

Licence would have allowed Hecla to pump groundwater to supply the proposed copper and silver mine beneath a Montana wilderness area.

Waterton takes Hudbay Minerals to court

The Canadian miner's second-largest investor, Waterton Global Resource Management, has filed a lawsuit against the base metals producer in a bid to constrain its ability to solicit proxies.

Taseko stock gets boost on first copper production in Arizona

Taseko’s Florence production test facility is fully operational and producing copper.

US agency submits uranium import probe to White House

The probe was prompted by a petition filed by two uranium mining companies, complaining that subsidized foreign competitors have caused them to cut capacity and lay off workers.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.

Coeur Mining’s shares hit on first quarter 2019 production and sales report

The miner maintains production guidance for 2019.

Polish parliament’s lower house approves 15% cut to copper tax

If rubber-stamped by the senate, the move would give state-run KGHM a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past years.

Coal's collapse crowns winners and losers from China to the US

It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.

Victory Metals expands Iron Point project

The company has expanded its landholdings at the Iron Point vanadium project to 5,382 hectares due to its recent drilling results.

Para Resources to drill Tr-Ue gold vein in Arizona

The program will begin in May 2019 and explore around the historic United Western and United Eastern gold mines.

Electric-vehicle tax credits get a bipartisan boost in senate

The legislation would grant automakers a $7,000 tax credit for an additional 400,000 vehicles after they reach the 200,000 vehicle cap.