U.S. Mining News

Fracking "probable cause" of Ohio earthquakes in 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.

Crandall Canyon victims' families call plea bargain deal ‘a slap in the face'

"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.

Decent diamond demand at BaselWorld, fancies sought after

“Good, but not great,” “Okay, but not outstanding.” These are the impressions heard repeatedly while walking around the diamond booths at BaselWorld.

BHP gets $US5.25billion in five-part bond deal

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 to spin-out Ambler Project into NovaCopper

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.

U.S. mineral values are up in 2011

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.

EPA says metals mining still largest U.S. toxic releases generator

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.

Is the US rally sustainable?

This week, the financial media celebrated as the Dow closed above the 12,000 mark for the first time since June 19th, 2008.

Zinc, cobalt grabbing some ‘green’ traction

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.