Latest Metals and minerals industry News

CORRECTS THAT IRAN HAS EXCEEDED 17 KILOGRAMS NOT WILL EXCEED -- FILE - In this April 9, 2018, file photo, released by an official website of the office of the Iranian Presidency, President Hassan Rouhani listens to explanations on new nuclear achievements at a ceremony to mark

Iran says production of enriched uranium exceeds goals

Jan. 28, 2021 6:09 AM EST

TEHRAN, Iran (AP) — Iran has exceeded 17 kilograms of 20% enriched uranium within a month's time, state TV reported Thursday, moving its nuclear program closer to weapons-grade enrichment levels amid heightened tensions with the U.S. Parliament Speaker Mohammad Bagher Qalibaf, during a visit to the...

President Joe Biden signs an executive order on climate change, in the State Dining Room of the White House, Wednesday, Jan. 27, 2021, in Washington. (AP Photo/Evan Vucci)

Biden: 'We can't wait any longer' to address climate crisis

Jan. 28, 2021 12:36 AM EST

WASHINGTON (AP) — In the most ambitious U.S. effort to stave off the worst of climate change, President Joe Biden signed executive orders to transform the nation’s heavily fossil-fuel powered economy into a clean-burning one, pausing oil and gas leasing on federal land and targeting subsidies for...

President Joe Biden signs an executive order on climate change, in the State Dining Room of the White House, Wednesday, Jan. 27, 2021, in Washington. (AP Photo/Evan Vucci)

Biden: 'We can't wait any longer' to address climate crisis

Jan. 27, 2021 11:56 PM EST

WASHINGTON (AP) — In the most ambitious U.S. effort to stave off the worst of climate change, President Joe Biden signed executive orders Wednesday to transform the nation’s heavily fossil-fuel powered economy into a clean-burning one, pausing oil and gas leasing on federal land and targeting...

In this photo released by Xinhua News Agency, rescuers carry a miner who was trapped in a mine to an ambulance in Qixia City in east China's Shandong Province, Sunday, Jan. 24, 2021. Eleven workers trapped for two weeks by an explosion inside a Chinese gold mine were brought safely to the surface on Sunday. (Chen Hao/Xinhua via AP)

9 workers found dead in China gold mine explosions

Jan. 25, 2021 7:12 AM EST

BEIJING (AP) — Chinese rescuers have found the bodies of nine workers killed in explosions at a gold mine, raising the death toll to 10, officials said Monday. Eleven others were rescued a day earlier after being trapped underground for two weeks at the mine in Shandong province. One person was still...

In this photo released by Xinhua News Agency, rescuers carry a miner who was trapped in a gold mine in Qixia City in east China's Shandong Province, Sunday, Jan. 24, 2021. Rescuers in China on Sunday lifted several trapped miners to the surface who were trapped for two weeks after an explosion in a northern gold mine, state media reported. (Luan Qincheng/Xinhua via AP)

Trapped for 2 weeks, 11 workers rescued from China gold mine

Jan. 24, 2021 7:38 AM EST

BEIJING (AP) — Eleven workers trapped for two weeks inside a Chinese gold mine were brought safely to the surface on Sunday, a landmark achievement for an industry long-blighted by disasters and high death tolls. State broadcaster CCTV showed workers being hauled up one-by-one in baskets on Sunday...

FILE - In this Jan. 30, 2017, file photo, waste salt, foreground, is shown near an evaporation pond at the Silver Peak lithium mine near Tonopah, Nev.  The Trump administration granted final approval for a proposed northern Nevada lithium mine, one of several eleventh-hour moves made by the Department of Interior to greenlight mining and energy projects. Unlike some other approvals, which are likely to be revoked, President Biden has voiced support for lithium mining as part of his clean energy plans.  (Steve Marcus/Las Vegas Sun via AP, File)

Mine OK'd in Trump's last days may boost Biden energy plan

Jan. 23, 2021 11:42 AM EST

CARSON CITY, Nev. (AP) — One of the keys to President Joe Biden’s $2 trillion clean energy plan could be a mineral that lies in a salt flat above a prehistoric volcano just south of the Oregon-Nevada line. But the question of how to extract lithium and whether former President Donald Trump’s...

Israeli businessman and diamond-magnate, Beny Steinmetz, arrives to Geneva's courthouse for the reading of his verdict for alleged corruption of Guinean public officials and forgery documents, in Geneva, Switzerland, Friday, Jan. 22, 2021. (Martial Trezzini/Keystone via AP)

Israeli diamond tycoon convicted in Swiss corruption trial

Jan. 22, 2021 3:14 PM EST

GENEVA (AP) — A Geneva court on Friday convicted Israeli diamond magnate Beny Steinmetz on charges of corrupting foreign public officials and forging documents, in a trial over his successful bid to reap lavish iron ore resources in the Guinea. The man considered by some to be Israeli's richest man was...

6 die in collapse of abandoned mine in northeast India

Jan. 22, 2021 10:19 AM EST

GAUHATI, India (AP) — Six miners died after being trapped in an abandoned coal mine that collapsed in India’s remote northeast, a state official said Friday. Their bodies were recovered on Friday, a day after the six were trapped in the mine in Meghalaya state, said E. Kharmalki, district magistrate...

FILE - In this April 24, 2015, file photo, pumpjacks work in a field near Lovington, N.M. In the closing months of the Trump administration, energy companies stockpiled enough drilling permits for western public lands to keep pumping oil for years. That stands to undercut President-elect Joe Biden's plans to block new drilling on public lands to address climate change. (AP Photo/Charlie Riedel, File)

Biden halts oil and gas leases, permits on US land and water

Jan. 21, 2021 7:51 PM EST

BILLINGS, Mont. (AP) — The Biden administration announced Thursday a 60-day suspension of new oil and gas leasing and drilling permits for U.S. lands and waters, as officials moved quickly to reverse Trump administration policies on energy and the environment. The suspension, part of a broad review of...

A patron approaches the entrance to Coney Market, a convenience store Lonaconing, Md., where the jackpot-winning Powerball ticket worth $731.1 million was sold in a struggling coal mining town whose biggest previous claim to fame was being the hometown of baseball legend Lefty Grove, the Maryland Lottery announced, Thursday, Jan. 21, 2021. The store will receive a $100,000 bonus from the Maryland Lottery for selling the ticket to the fifth-largest lottery prize in U.S. history.  (Steven Bittner/Cumberland Times-News via AP)

Hard-luck Maryland town gets a $731.1 million Powerball win

Jan. 21, 2021 12:57 PM EST

LONACONING, Md. (AP) — The latest jackpot-winning Powerball ticket, worth $731.1 million, was sold in a struggling coal mining town whose biggest previous claim to fame was being the hometown of baseball Hall of Famer Lefty Grove. Someone bought it at Coney Market, a convenience store in the Allegany...