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.
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.
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.
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.
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, 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
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.
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.
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.
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.
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.
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 increased in January this year when compared to January 2011 as well as when compared month-over-month to December 2011.
Several small earthquakes that affected the northwest region of the United States during 2011 were probably caused by hydraulic fracturing or "fracking,” concludes the latest report by the Ohio Department of Natural Resources (ODNR), which regulates the oil and gas industry in the country.
"I can't believe what the [U.S. Attorney] did. We are emotional and at a loss for words. I wish they had not done anything. It would have been better than this"– victim's sister Gayle McDonald.
“Good, but not great,” “Okay, but not outstanding.” These are the impressions heard repeatedly while walking around the diamond booths at BaselWorld.
Despite persisting tightness in global money markets, mining multinational BHP Billiton (NYSE:BHP) has raised the third-biggest amount this year, selling a $5.25-billion five-part global bond to the US securities market.
NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) provided an update on the previously announced spin-out transaction of NovaCopper, a wholly-owned subsidiary, which holds NovaGold’s interest in the Ambler project located in Alaska, U.S.
The value of mineral production in the United States increased by 12 percent in 2011 from that of 2010, suggesting that the nonfuel minerals industries, particularly metals, continued to recover from the economic recession that began in December 2007 and lasted well into 2009.
Despite U.S. hardrock mining's efforts to limit pollution, naturally occurring substances in minerals and metals still deliver a serious blow to its overall ranking in EPA's TRI data.
This week, the financial media celebrated as the Dow closed above the 12,000 mark for the first time since June 19th, 2008.
Zinc and cobalt often fall into that esoteric metals category called byproduct, meaning they are generally an afterthought for miners who are keen at getting at, say, nickel or copper deposits. Still, both metals are being increasingly targeted for their use in growing markets, such as rechargeable batteries for electric cars.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.