MINING.COM Staff Writer

Posts by MINING.COM Staff Writer:

Bill ending eminent domain powers of mining industry clears Nevada Senate

Exploration and mining in mineral-rich Nevada could be affected, CB Online reports: The Nevada Senate passed a bill nearly unanimously Thursday that ends the authority of the state's mining and defunct sugar beet industries to invoke eminent domain to take private land for their own use. Sen. Sheila Leslie, D-Reno, who sponsored SB86, said she focused on the two industries because they represent companies that take property for private enrichment rather than for the public good.

Police investigating mine death at Ontario gold mine

For the second time this year, police have been called to the scene of a mining-related death in Timmins, Ontario. According to a report in The Timmins Times, a 57-year-old man died Thursday morning in an accident at Goldcorp's Hoyle Pond gold mine in Timmins. Paramedics were dispatched to the Hoyle Pond Mine just before the noon hour today in response to a 9-1-1 call that a miner suffered a serious injury after being struck by a piece of heavy equipment underground near the 1400 level.

Anglesey inks rail agreement with QNS&L

Anglesey Mining's 41%-owned Labrador Iron Mines Holdings Limited (TSX: LIM) has entered into a life of mine transportation contract with Quebec North Shore and Labrador Railway for transporting iron ore from LIM's DSO iron ore projects near Schefferville. The contract provides that QNS&L will carry LIM's iron ore from Emeril Junction, Newfoundland and Labrador, to Sept- les Junction, Quebec, on the QNS& L Railway. The railway already carries iron ore for Iron Ore Company of Canada, Wabush Mines and Consolidated Thompson's (now Cliffs Resources) Bloom Lake Mine.
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Gold price steadies as inflation revives higher-rate bets

Gold prices consolidate near $4,700/oz as US consumption slows, aligning with market expectations.