The mine, already one of the biggest in the state, would double in size as company bets on rebound in prices.
The Fed’s balance sheet has swelled to roughly $2.4 trillion since the start of QE.
There is a growing sense across the financial spectrum that the world is about to turn some type of economic page.
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. President Obama has unveiled new rules designed to impose more costs on the battered and bruised United States coal industry.
The slump in the coal market has claimed another victim.
Stillwater Mining Company TV Spot "Generations" 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 …
Outlook is unchanged.
The sale gave the Russians control of one-fifth of all uranium production capacity in the United States.
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 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.
Unexpected visitors have been dropping in on anti-oil activists in the United States — knocking on doors, calling, texting, contacting family members.
Cameco (TSX:CCO) has reported a double-digit increase in fourth-quarter profits despite a nine per cent drop in revenue.
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.
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 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.
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.
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.
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)
Eastern Kentucky could play a deciding role in a Senate race seen as important to establishing control of the United States Congress in upcoming mid-term elections.
The southern New Mexico mining town of Santa Rita no longer exists, even as a ghost town, except in the memories of Terry Humble and others who lived there.
The gold price fell to a nine-month low and silver dropped to its lowest level in more than four years as the strengthening dollar and the lack of concern over ongoing geopolitical trouble spots continue to pressure precious metals.
Southern Iran sits atop the active Arabian and Eurasian tectonic plates.
There's been plenty of talk about potentially radical US foreign policy changes as a result of the shale boom. While one shouldn't expect any dramatic US foreign policy move away from the Middle East, factors are influencing a greater focus on Asia. Only one thing is certain in this transforming world: The shale boom is real and the implications are many and difficult to predict.
Santa Rosa residents in Guatemala gathered in front of the Canadian Embassy last week to protest against the mining projects of GoldCorp in San Marcos and Tahoe Resources in Santa Rosa.
Miranda Gold Corp. said its has received a notice of termination of the exploration agreement with option to joint venture with Agnico-Eagle, on Miranda's Ester Dome project in the Fairbanks mining district of Alaska.
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