United States Mining News

Consol unloads Virginia coal mine for $420 million

The sale leaves Consol will only have three mines in southwestern Pennsylvania and one site, the Miller Creek complex, in southern West Virginia.

Value of U.S. metal mine production drops 15%

The United States earned less from its mines in 2015 and became more reliant on outside sources for critical metals, according to a new report from the U.S. Geological Survey (USGS).

U.S. coal for electricity plummets to 45-year low

The main culprit? Cheap natural gas.

30+ U.S. coal projects could be scrapped under moratorium

Some of the largest projects are in the Powder River Basin of Wyoming and Montana.

Will taxpayers get stuck with the bill to clean up strip mining coal sites?

The issue of how to pay for mine reclamation is flying below the surface of the general public even though the matter is, literally, above ground and right before the eyes of the major coal-producing regions.

24 states line up to block Obama's Clean Power Plan

President Obama's climate change plan has run up against some serious opposition among 24 states that are challenging it in federal court.

Ur-Energy proposes to expand Wyoming uranium mine

The mine, already one of the biggest in the state, would double in size as company bets on rebound in prices.

Forever QE continues unabated

The Fed’s balance sheet has swelled to roughly $2.4 trillion since the start of QE.

Meet QT; QE's evil twin

There is a growing sense across the financial spectrum that the world is about to turn some type of economic page.

Could a President Trump put people back to work and help the dollar?: ShadowStats' John Williams

Despite happy economic reporting from the government, ShadowStats' John Williams warns that underlying problems from the crash of 2008 were never addressed, leaving the United States in a recession papered over by sleight of hand and a workforce redefined out of existence.

U.S. coal co's cringe as Obama tightens climate change rules

U.S. President Obama has unveiled new rules designed to impose more costs on the battered and bruised United States coal industry.

Alpha Natural Resources files for bankruptcy protection

The slump in the coal market has claimed another victim.

Here's the ad that is upsetting the union at Stillwater Mining

With contract talks underway, Stillwater Mining is running a TV spot that the union says overstates their take home pay. At the 17 second spot, there is a graphic that shows average worker pay at […]

Newmont Mining earnings are 50 pct higher in Q1

Outlook is unchanged.

Russia took control over 20% of US uranium after Uranium One’s associates made lavish contributions to Clinton Foundation

The sale gave the Russians control of one-fifth of all uranium production capacity in the United States.

This is what will determine if oil prices go up or down

It appears as if oil prices could be on the verge of a rebound, with new data showing that the U.S. oil patch is hitting an inflection point.

Hecla grabs Montana silver-copper deposit through $20 million merger

Hecla Mining (NYSE:HL) has expanded its operations in the western United States with the purchase on Friday of Revett Minerals (TSX:RVM) in an all-stock deal worth $20 million.

Anti-oil sands activists in the U.S. are getting visits from the FBI

Unexpected visitors have been dropping in on anti-oil activists in the United States — knocking on doors, calling, texting, contacting family members.

Uranium producer Cameco boosts Q4 profit by 14%

Cameco (TSX:CCO) has reported a double-digit increase in fourth-quarter profits despite a nine per cent drop in revenue.

Locals rejoice over Kershaw gold mine accord

Kershaw Mayor Wayne Rhodes smiled with relief this week when he learned that a gold mine proposed for his community had settled differences with an environmental group.

Deal offers hope for miners thrown out of work in W. Kentucky

Nearly 700 coal miners in Western Kentucky are feeling hopeful this week, despite Patriot Coal deciding to permanently shut down the Highland and Dodge Hill mines on Dec. 31.

Sherritt makes big move on US-Cuba deal

Sherritt International (TSX:S), the natural resources company with extensive operations in Cuba, saw a whopping 42.9 percent gain between last Monday and Friday, resulting from an announced thaw in US-Cuba relations.

US coal mines nearing record low in worker deaths

Less than five years after an explosion fueled by excess coal dust killed 29 men deep inside a West Virginia underground mine, the nation's coal mines are on pace for an all-time low in work-related deaths.

Senate passes huge Arizona copper mine

The United States Senate has passed a controversial land swap deal, paving the way for the country's largest copper mine to move forward, following close to a decade of roadblocks by Washington.

Will the Fed turn off the QE tap? We'll find out Wednesday

Precious metals markets could be in for a wild ride this week, with the US Federal Reserve expected to wind down its third installment of quantitative easing. (QE)