USA Mining News

Shell speeds up exit from oil sands, selling stake in Canadian Natural Resources

Transaction could become one of the country’s one of the biggest-ever equity sales.

Gold and silver bullion now treated as money in this US state

Arizona Governor Doug Ducey signed into law a bill that lets residents use precious metals as currency instead of Federal Reserve notes.

How Boart Longyear addresses worker safety

The company highlights the importance of involving everyone in safety practices.

Coal transfer facility challenged in Federal Court

A decision is expected within six months.

Northern Dynasty announces Pebble Project advisory committee

Northern Dynasty Minerals Ltd. reports that its wholly-owned subsidiary, Alaska-based Pebble Limited Partnership announced today it has received commitments from five prominent Alaskan and national figures to serve as founding members of an Advisory Committee formed to provide independent, external advice as the Pebble Project advances into federal and state permitting.

China successfully mines flammable ice from the South Sea

During the mining trial done at a depth of 4,153 feet, engineers extracted each day around 16,000 cubic metres of gas, with methane content of up to 99.5%.

U.S. shale is immune to an oil price crash in 2017

Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement.

Gold rallies as Trump’s ‘toughest time in office’ batters dollar

Bullion climbed for a fifth day Wednesday on reports that the president asked FBI Director James Comey to drop an investigation into a former National Security Adviser.

These 5 trends will boost copper demand

Increasing demand for efficient building systems, electric vehicles and renewables generation could add more than 4 million tonnes of annual copper use by 2030, a study shows.

BHP’s Mackenzie, Elliot Management face off

US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.

Will next market crash be like 2008 or 1973?

History predicts an amazing run in gold and gold stocks.

BHP ditching 'Billiton' in $10 million rebranding move

Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.

US Northeast states are devouring natural gas for electricity, and that's a problem for coal

The Northeast U.S. states — a vast market that generates and consumes much of America's annual electricity — is gradually using less coal to fire up its electricity plants.

EPA, Northern Dynasty settle dispute over Pebble mine

Donald Trump’s Environmental Protection Agency (EPA) has injected new life into the long-stalled and controversial copper-gold-silver project near Bristol Bay, southwest Alaska.

Global silver output falls for first time in 14 years

Global silver production dropped last year for the first time since 2002 driven by lower by-product output from the lead/zinc and gold sectors, as well as a sharp decline of scrap supply to the market.

GoldMining to buy Yellowknife Gold Project, property

The Vancouver-based miner has inked a deal to acquire 100% of the Yellowknife Gold Project and nearby Big Sky Property, both located in the Northwest Territories, Canada.

CHARTS: Gold price vs Fed vs ETF investors vs hedge funds

Gold price falls to 8-week low Tuesday, turning the old Wall St adage buy on rumour sell on fact on its head and opening up a huge gap for bargain hunters.

Suncor plans to build new oil sands project in Canada

The Lewis project would be located about 25 km northeast of Fort McMurray and could eventually produce up to 160,000 barrels a day.

Nova Scotia marks 25 years since one of Canada's deadliest mine disasters

The tragic accident was the result of "incompetence, mismanagement, bureaucratic bungling, deceit, ruthlessness... and cynical indifference," an official report said.

Renamed Joy Global officially launched as Komatsu Mining Corp

Executives, elected officials and hundreds of Milwaukee-area employees today celebrated the official launch of Komatsu Mining Corp.

Another BHP investor pressing for oil spinoff, board shake-up

The miner faces another shareholder revolt as Australia’s Tribeca has joined calls by US activist investor Elliott Management for an exit from shale to free up capital.

INFOGRAPHIC: The numbers behind the world's closest trade relationship

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

Newmont Mining receives top mining industry safety certification

The National Mining Association (NMA) today recognized Newmont Mining Corporation for receiving independent certification under its CORESafety® system.

2017 global natural diamond production forecasted at 142M carats worth $15.6B

The top 10 largest mines in the world by value produced are estimated to represent 58% of global production.

Gold: The big surprise

The main eye-opener thus far this year has been the metal’s lack of price volatility.