USA Mining News

Mining services to target high value technologies to streamline ops and cut costs

Mine services companies will increasingly target better-performing commodities and focus on technology research and development to help miners streamline operations and cut costs as the weak mineral price environment continues to weigh on profit margins.

Infographic: Tesla's gigafactory opens this week: What we know in 9 epic slides

The massive new structure will be the world's biggest building by footprint, and it could possibly be a game-changer for the auto, energy, and battery industries.

SME Issues Health & Safety White Papers

The Health and Safety Division of the Society for Mining, Metallurgy & Exploration Inc. (SME) has issued two white papers authored by industry specialists who share their knowledge, experience and commitment to enhancing health and safety best practices in the workplace.

Caterpillar further cuts profit, sales forecast

CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.

Tesla to open its Gigafactory years ahead of schedule

The company now has 1,000 construction workers on two shifts, seven days a week to ready for the launch of its Model 3 early next year.

China snaps up $4.5bn worth of overseas mining assets in just six months

Most of them have been after existing operations and companies, rather than trying to build mines from scratch.

7 signs that the gold market remains resilient

Gold and silver prices ran out of momentum during the first week of July and have been drifting lower ever since.

Fresh wave of Chinese firms to go after Congo’s riches — report

Faced with declining domestic production, China's top copper company — Minmetals — said earlier this year that the "only solution” was going overseas, and many are following its steps.

Gold: Waiting for Wall Street

Gold has been trading inversely to equities – and, consequently, the yellow metal stands to gain much when Wall Street tumbles, an outcome that seems increasingly likely as world stock markets edge higher.

Did oil kill the dinosaurs?

What killed the dinosaurs? It's a question as old as – well the dinosaurs themselves, and one that everyone from school children to scientists have been asking for decades.

Japan’s Komatsu is buying Joy Global for $3.7 billion

The deal, Komatsu's biggest-ever acquisition, is set to boost its clout in the mining industry.

Enbridge to pay $61 million fine for 2010 oil spills in Michigan, Illinois

$177 million settlement announced Wednesday requires action to prevent future spills.

US elections to give gold prices fresh boost despite roadblocks — analysts

Gold hit a three-week low in early US trading Wednesday, but analysts believe the overall trend is upward.

Eric Sprott: As the Fed loses control gold prices will soar

In the opinion of billionaire Eric Sprott, what is happening to gold and gold shares is stunning.

Weak potash prices force Mosaic to idle Colonsay mine, hundreds laid off

The company has set Jan. 3 as the restart date for the mine, but that may change based on market conditions.

INFOGRAPHIC: The volatile history of crude oil markets

The infographic serves as the perfect primer for all the questions about oil that you had, yet were afraid to ask.

Alight Mining Solutions and the Colorado School of Mines strengthen partnership

Tom Struttmann, Head of Alight Mining Solutions, has been appointed to the Mining Engineering Industry Advisory Committee at the Colorado School of Mines.

Arizona court hands key legal victory to Hudbay’s Rosemont copper project

Air quality control permit yanked last year has been reinstated.

Oil industry faces huge worker shortage

Bringing back all of that equipment and personnel is no easy task.

Here is how EPA can make firms, not taxpayers, pay for mine clean up — report

Report issued as EPA writes court-ordered rules to protect public from financial liabilities like Colorado’s Gold King disaster

Bottlenecks expected as more Canadian oil meets tight pipe space

Hundreds of thousands of barrels of new supply will have difficulty finding space in crowded pipelines.

Record lows instead of highs for gold prices in this key market

It appears that India’s gold buyers are still staying away from the market. In fact, the situation in terms of physical demand is one of the most dire ever seen in the country.

Gold price rally helps producers climb world’s top 25 mining companies list

Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.

Bill Gates and other billionaires backing a nuclear renaissance

The positive side of nuclear energy definitely deserves more attention than it's currently getting.

Alpha Natural Resources, Arch Coal near bankruptcy exit deals

Alpha, which filed for bankruptcy in August last year, is scheduled to ask a federal judge Thursday to approve its exit plan despite objections to it.