Latest Metals and minerals industry News

The Logo of the steel company ArcelorMittal is pictured in Saint Denis, outside Paris, France, Wednesday, Sept. 13, 2017. Cleveland-Cliffs is making its second billion-dollar acquisition in less than a year with the purchase of steel maker ArcelorMittal's U.S. business for about $1.4 billion in cash and stock. About a third of the deal will be an up front cash payment of about $505 million, the companies said Monday, Sept. 28, 2020. ArcelorMittal will also receive stock in Cleveland-Cliffs valued at about $873 million. (AP Photo/Michel Euler)

Cleveland-Cliffs buys ArcelorMittal's US business for $1.4b

Sep. 28, 2020 2:06 PM EDT

CLEVELAND (AP) — Cleveland-Cliffs is making its second billion-dollar acquisition in less than a year with the purchase of steel maker ArcelorMittal's U.S. business for about $1.4 billion in cash and stock. About a third of the deal will be an up front cash payment of about $505 million, the companies said...

In this photo provided by China's Xinhua News Agency, rescuers arrive at a coal mine in southwest China's Chongqing Municipality, Sunday, Sept. 27, 2020. More than a dozen of people died Sunday in the coal mine in southwestern China because of excessively high levels of carbon monoxide, authorities and state media said. (Huang Wei/Xinhua via AP)

Carbon monoxide kills 16 in coal mine in southwest China

Sep. 27, 2020 3:38 AM EDT

BEIJING (AP) — Sixteen people died Sunday in a coal mine in southwestern China because of excessively high levels of carbon monoxide, authorities and state media said. A total of 17 people were trapped in the mine, the Chongqing municipal government said on its social media account. One person was taken to...

Activists are surrounded by police on the Garzweiler power plant grounds in Grevenbroich, western Germany, Saturday, Sept. 26, 2020. Anti-coal protesters have entered a mine to protest the continued extraction and use of fossil fuels. (David Young/dpa via AP)

Hundreds of anti-coal campaigners protest at German mine

Sep. 26, 2020 11:38 AM EDT

LUETZERATH, Germany (AP) — Hundreds of anti-coal activists staged protesters in and around a mine in western Germany on Saturday, demonstrating against the continued extraction and use of fossil fuels in Europe's biggest economy. Environmental groups oppose the German government's decision to allow the...

Executive leaves mine project amid recorded comment fallout

Sep. 23, 2020 7:05 PM EDT

JUNEAU, Alaska (AP) — The man helping lead efforts to develop a copper and gold mine near the headwaters of a major salmon fishery in Alaska has resigned following the release of recorded comments in which he “embellished” relationships with elected and regulatory officials, Northern Dynasty...

University students march holding a poster with a message that reads in Spanish:

Wave of massacres signals new chapter in Colombia's conflict

Sep. 23, 2020 3:04 PM EDT

BOGOTA, Colombia (AP) — Jose Manuel Mancilla was taking a break from his job at a local gold mine. So on Sunday he gathered with friends at a hillside home in his village of Munchique, where about 20 people were drinking and staging cockfights. The 19-year-old’s life ended abruptly when hooded men...

President Donald Trump arrives for a campaign rally at Bemidji Regional Airport, Friday, Sept. 18, 2020, in Bemidji, Minn. (AP Photo/Evan Vucci)

Trump and Biden hit unlikely battleground state of Minnesota

Sep. 18, 2020 8:08 PM EDT

DULUTH, Minn. (AP) — A solidly blue state for the past half century, Minnesota became an unquestioned presidential battleground on Friday as President Donald Trump and Democratic challenger Joe Biden fought for working-class voters in dueling events that marked the beginning of early voting. Their...

FILE - In this June 28, 2018, file photo, rolls of finished steel are seen at the U.S. Steel Granite City Works facility in Granite City, Ill.  Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found, Wednesday, Sept. 16, 2020. The U.S. Government Accountability Office reported that the Commerce Department, overwhelmed by companies lobbying to avoid the tariffs, could not meet its own deadline for processing around three-fourths of the requests. (AP Photo/Jeff Roberson, File)

US companies seeking tariff relief faced red tape, delays

Sep. 16, 2020 12:18 PM EDT

WASHINGTON (AP) — Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found. The U.S. Government Accountability Office reported that the Commerce Department, overwhelmed by companies lobbying to...

FILE - This Dec. 22, 2018, file photo shows a pump jack over an oil well along Interstate 25 near Dacono, Colo. Federal courts have delivered a string of rebukes to the Trump administration over what they found were failures to protect the environment and address climate change as it promotes fossil fuel interests and the extraction of natural resources from public lands. (AP Photo/David Zalubowski, File)

Trump's fossil fuel agenda gets pushback from federal judges

Sep. 15, 2020 12:37 PM EDT

BILLINGS, Mont. (AP) — Federal courts have delivered a string of rebukes to the Trump administration over what they found were failures to protect the environment and address climate change as it promotes fossil fuel interests and the extraction of natural resources from public lands. Judges have ruled...

People gather at the scene of a gold mine collapse near the town of Kamituga, South Kivu province, in eastern Congo Friday, Sept. 11, 2020. More than 50 people are dead after landslides collapsed three artisanal gold mines near the town of Kamituga in eastern Congo's South Kivu province on Friday, officials said. (Jeff Mwenyemali/Maisha RDC via AP)

More than 50 killed at collapsed gold mine in eastern Congo

Sep. 12, 2020 6:14 AM EDT

KINSHASA, Congo (AP) — More than 50 people are dead after landslides caused the collapse of three artisanal gold mines near the city of Kamituga in eastern Congo’s South Kivu province on Friday, officials said. Heavy rains for days led to the disaster. “The diggers and the transporters of...

Rio Tinto chief executive Jean-Sebastien Jacques attends an annual general meeting in Perth, May 9, 2019. Jacques will leave the Anglo-Australian mining giant by March, 2021, over the destruction of the sacred sites, the company said on Friday, Sept. 11, 2020. (Will Russell/AAP Image via AP)

Rio Tinto CEO to leave over destruction of Indigenous sites

Sep. 11, 2020 2:50 AM EDT

CANBERRA, Australia (AP) — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday. “Significant stakeholders have expressed concerns about...