U.S. Mining News

Damn the deficits, huge tax cuts ahead!

While I have rarely met a tax cut I didn't like, this one just may be more likely to send the economy into a downward spiral than it is to send up to orbit.

What a Westinghouse bankruptcy could mean for U.S. utilities

The two U.S. utilities with the most at risk are Southern Company and SCANA Corp.

US prosecutors want max of 1 year in prison for ex-Massey Energy CEO

Blankenship is scheduled to be sentenced on April 6, day that marks the sixth anniversary of the Upper Big Branch Mine disaster.

America's top coal producers of 2015

These mines accounted for more than one quarter of U.S. coal production in 2015.

Mining deaths in the U.S. fell to historic low in 2015

Eleven of the 28 deaths last year occurred at coal mines, a sector that has seen employment decrease significantly in recent years, especially in Appalachia.

Ex-Massey Energy CEO's fate in hands of West Virginia jury

Jurors have begun deliberating the fate of Blankenship, leader of the company that owned the Upper Big Branch mine at the time of a 2010 deadly explosion.

Defence of West Virginia's former 'King of Coal' rests without calling witnesses

Former Massey Energy CEO, Don Blankenship, could face up to 30 years in prison in relation with a deadly 2010 mine accident in West Virginia.

China scraps decade-old rare earths export quotas

The long-awaited policy change comes after the World Trade Organization determined last year that the nation’s quota system violated trade rules.

WTO tells China to drop restrictions on rare earths exports

The World Trade Organization has not confirmed the news yet.

Hecla Mining could scupper U.S. Silver/RX Gold & Silver merger with all-cash bid

Hecla Mining Company (NYSE:HL) has made an all-cash offer for U.S. Silver Corporations (TSX-V:USA) in a bid to scupper its proposed merger with RX Gold & Silver (TSX-V:RXE).

Seaway pipeline expansion almost ready: operators‎

Canadian Enbridge and Enterprise Products Partners LP have nearly completed work on the Seaway pipeline to increase its capacity from 150,000 to 400,000 barrels per day.

Caterpillar profits in Q1 beat analysts expectations

Caterpillar Inc. (NYX:CAT), the world’s largest manufacturer of earthmoving equipment by revenues, injected some optimism on the U.S. economy today, after announcing profits for the first quarter well above of Wall Street expectations.

Broadcast live today: How James Cameron's company will mine asteroids

Google's billionaire co-founders Larry Page and Eric Schmidt and filmmaker James Cameron will officially announce today plans to mine asteroids. The company's presentation will be broadcast live today at 1:30 p.m. ET.

New lawsuit to reverse Grand Canyon uranium mining ban

Canadian mining company Quaterra Alaska and county supervisors in northern Arizona have filed a lawsuit against the US government, aiming to reverse a federal 20-year closure of one million acres of uranium-rich public lands located near the Grand Canyon.

U.S. Defense Department undervaluing importance of rare earths for national security: report

The U.S. Defense Department needs to realize the dangerous consequences a potential lack of domestic rare earths may have on the U.S. weapon industry, suggests a latest study by the Congress released last week.

8% drop in U.S. polished diamond imports

U.S. diamond traders and buyers imported less diamonds in February and increased their exports during the month. At the same time, the focus is shifting to higher value goods.

U.S. mining regulator tightens coal mines safety rules

As families and friends of dead miners mark the second anniversary of the Upper Big Branch Mine disaster in West Virginia on April 5, the U.S. Mine Safety and Health Administration announced it would issue its final set of rules for inspecting underground coal mines on Friday.

Japan urges dialogue with China on rare earths

Japan, the world’s main importer of rare earths, has requested international assistance for alternatives, conservation, diversification and recycling and to continue dialogue with China to secure stable global supply

New EPA regulations are the latest attempt to shutter America’s coal industry

The following statement was released today by the American Coalition for Clean Coal Electricity President and CEO Steve Miller in response to the EPA’s proposed New Source Performance Standards for greenhouse gas emissions.

Two new pipelines to compete with Keystone XL

U.S.-based Enterprise Products Partners LP (NYSE:EPD) and Canadian Enbridge Inc. (NYSE/TSX:ENB) are shaping up as the main competitors for TransCanada Corp’s Keystone XL, as the two companies announced they will build new pipelines that will move as much as 850,000 barrels of crude oil a day from Canada to refineries along the Gulf Coast by mid-2014.

Poll: Alternative energy loses support

Support for development of fuel sources such as wind and solar power has diminished in the United States during the past year, a survey found.

Commodity prices drive TSX up, while Wall Street opened mixed

The Toronto Stock Exchange opened this morning moderately higher as commodity prices increased driven mainly by traders’ hopes of a U.S. housing market in recovery mode.

Gem-quality white diamonds created in laboratory

A Florida-based company says it has created high-quality, colorless, lab-created diamonds. Diamond industry representatives are debating whether this is a “game changer” in how colorless diamonds are sourced and priced.

U.S., Japan and the E.U. dispute China’s decision on rare earths at the WTO

The U.S., Japan and the European Union have filed an official complaint at the World Trade Organization this morning, urging the body to take actions against China’s restrictions on these metals. President Obama warned China that it would not be allowed to gain a competitive advantage in world trade by "skirting the rules."

U.S. net polished diamond imports +4% in January

U.S. net polished diamond imports increased in January this year when compared to January 2011 as well as when compared month-over-month to December 2011.