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Mining News

Mining news continually updated from thousands of sources around the net.

1 hr ago | WHSV-TV Harrisonburg

Benefitting from EPA Enforcement Actions

The Environmental Protection Agency says enforcement actions against companies that violate environmental laws are expected to generate more than $1.9 billion worth of pollution controls and cleanup in West ...

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Related Topix: U.S. Environmental Protection Agency, Environmental Law, Law, Massey Energy

5 hrs ago | Kansas.com

Brazil's Vale to reduce nickel output in Canada

Falling nickel prices are responsible for the decision, Companhia Vale do Rio Doce SA said in a statement.

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Related Topix: Metals, Inco

10 hrs ago | The Times West Virginian

Severstal says case against Massey is validated

Severstal North America says it's happy to have closure on a long-running dispute between its Wheeling plant and a Massey Energy subsidiary.

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Related Topix: Massey Energy, US Supreme Court, US News

14 hrs ago | WMRR-FM Muskegon

Dow unofficially ends up 180.64 points or 2.15 percent; S&P up 2.62 percent; Nasdaq up 2.94 percent.

Stocks rose on Wednesday as news pointing to a deepening recession spurred investors to buy defensive stocks, including the shares of biotechnology companies.

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Related Topix: Financial Markets, Biotech, Science / Technology, US Politics, Barack Obama, US News, US Senate, Democrat, Restaurant Management, Mcdonalds, FreeportMcMoRan Copper and Gold

18 hrs ago | The Chronicle-Journal

Base metal stocks such as Teck, Sherritt soar on investor confidence

Mining stocks, including shares of giant Teck Cominco Ltd. , soared for a second-straight day Thursday as investors continued to feel optimistic about a boost in global demand for metals after China slashed ...

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Related Topix: Financial Markets, Metals

22 hrs ago | Seattle Post-Intelligencer

Feds nearing decision on Black Mesa mine permit

The federal agency that regulates surface mining could decide as early as next week whether to merge two northern Arizona coal mines under one permit, a move that could allow one to resume operations despite ...

Comment?

Related Topix: Arizona, Peabody Energy, Nevada Government, Nevada

Wed Dec 03, 2008

News Journal

AK Steel plans pay cuts for salaried workers

WEST CHESTER - AK Steel, caught in the sharp drop in steel demand in the face of the recession, said late Wednesday it was implementing an indefinite 5 percent pay cut for its 1,500 salaried employees, ...

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Related Topix: Steel, AK Steel Holding, Pension, Personal Finance, Hamilton Metro

Idaho Entertainment

Global economic slowdown felt in mining towns

Global economic slowdown felt in mining towns Comments DENVER - A severe pullback in spending for everything from houses in Connecticut to jewelry in Europe and steel in China has reached as far as the New ...

Comment?

Related Topix: Silver City, NM, FreeportMcMoRan Copper and Gold, Real Estate

KPVI-TV Pocatello

Hecla to pay $102,000 after 2006 spill in N. Idaho

Hecla Mining Co., a northern Idaho-based silver mining company, must pay an $85,000 penalty and buy $17,000 in emergency equipment for a local fire department after 22,500 gallons of mine tailings spilled from ...

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Related Topix: Hecla Mining, Weather

Reuters

Freeport-McMoRan suspends dividend, cuts output

Freeport-McMoRan Copper & Gold Inc suspended dividend payments, slashed its 2009 capital expenditure budget and lowered copper output on Wednesday due to a slump in metal prices and its shares fell 13 percent.

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Related Topix: Real Estate, FreeportMcMoRan Copper and Gold

Fox News

The Westaim Corporation requisitions meeting of shareholders of...

The Westaim Corporation requisitions meeting of shareholders of NUCRYST Pharmaceuticals to return capital to NUCRYST shareholders Comtex CALGARY, Dec.

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Related Topix: Electronics, Westaim Corporation The, Metals, Chemicals, Business News

Hotels

Interview With Ratan Tata

ZAKARIA: Ratan Tata is the chairman of the Taj Group of hotels, and also the Tata Group -- the largest private corporate group in India.

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Related Topix: Automakers, Tata Motors, Steel, Travel/Tourism

Tue Dec 02, 2008

United States Department of Justice

Utah Gold and Silver Refinery Sentenced for Clean Water Act Violation

Johnson Matthey Inc. , a Pennsylvania corporation, was sentenced today to a $3 million criminal fine for a felony violation of the Clean Water Act by Judge Dee Benson of the U.S. District Court for the District ...

Comment?

Related Topix: Environmental Law, Law, Sundance Film Festival, Criminal Defense Law, Salt Lake City, UT

Canada NewsWire

U. S. Steel Consolidates Production for Greater Efficiency

PITTSBURGH, Dec. 2 /CNW/ -- United States Steel Corporation announced today that as a result of the company's continuing review and analysis of market conditions and their impact on customers' orders, it is ...

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Related Topix: Steel, United States Steel, Detroit Metro

KSDK NewsChannel 5

Effort would make St. Louis clean coal focal point

Two major coal companies and one of the Midwest's largest utilities are combining with Washington University to try and make St.

Comment?

Related Topix: Arch Coal, Peabody Energy, Ameren, Energy

National Jeweler

Diamantaires spared in Mumbai terror attacks

Mumbai , India --Diamantaires who gathered in Mumbai for a Diamond Trading Co. meeting last week have all been accounted for in the wake of terror attacks in India's jewelry manufacturing hub, the DTC reported ...

Comment?

Related Topix: World News, India, Blues, Taj Mahal, Israel, Middle East, Brooklyn, NY, New York, NY

Bloomberg.com - Asia

Shell, Anglo Delay $3.2 Billion Australia Coal-to-Liquids Project on Costs

Royal Dutch Shell Plc and Anglo American Plc have delayed plans to develop a A$5 billion project in Australia to convert coal into clean fuels, citing higher costs.

Comment?

Related Topix: Australia, Oceania, World News, Anglo American

Rental Equipment Register

United Rentals Names New CFO

United Rentals last week named William Plummer as chief financial officer, replacing Martin Welch, effective Dec.

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Related Topix: Industrial Machines, United Rentals, Leasing, Alcoa

Mon Dec 01, 2008

Latest news updates from RGJ.com

Shoshone activists seek to halt Nevada gold mine

A lawyer for environmentalists and tribal activists told a federal judge Monday that the government's approval of a big gold mine was flawed and would prohibit the Western Shoshone from practicing religious ...

Comment?

Related Topix: Activism, Barrick Gold

Seeking Alpha

Investors Lower Likelihood of Bankruptcy at Frontera Copper, Shares Soar

Shares of Frontera Copper Corp. jumped from C$0.31 to C$0.59 last week, a gain of more than 90%, as 14.3% of the Toronto-based miner's outstanding shares were acquired by two or three investors in the past ...

Comment?

Related Topix: Pan American Silver

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