More than $500 million in transactions are pending or were completed so far this month.
United States Mining News
Fresh off a bounce in the polls, Democratic nominee Hillary Clinton is promising to revitalize Pennsylvania communities hurt by a downturn in the coal and steel industries.
The road to a coal-less future was strewn with two more casualties Tuesday, after a large Montana coal plant agreed to shut down two of its units.
Above-normal temperatures during the winter of 2015–16 were a key reason for the large decrease in coal production during the first three months of 2016.
The sale leaves Consol will only have three mines in southwestern Pennsylvania and one site, the Miller Creek complex, in southern West Virginia.
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).
The main culprit? Cheap natural gas.
Some of the largest projects are in the Powder River Basin of Wyoming and Montana.
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.
President Obama's climate change plan has run up against some serious opposition among 24 states that are challenging it in federal court.
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.
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 […]
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.
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.