Latest Metals and minerals industry News

Asian stocks lower on US-China trade worries

Sep. 25, 2018 12:49 AM EDT

BEIJING (AP) — Asian stock markets were mostly lower Tuesday after a Chinese government report accusing the Trump administration of bullying other countries dampened hopes for a settlement in their escalating tariff war. KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,775.91 and Sydney's...

Barrick buys Randgold to create world's largest gold miner

Sep. 24, 2018 8:13 AM EDT

LONDON (AP) — Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world's largest gold miner, worth a combined $18 billion. Investors will get 6.128 new Barrick shares for each Randgold share they hold. Shareholders in Barrick, which is based in Toronto, will own about...

Germany continues evicting protesters from forest

Sep. 24, 2018 6:18 AM EDT

BERLIN (AP) — Authorities in western Germany say they are continuing to evict dozens of environmental protesters from a forest after the operation was suspended last week due to the death of a journalist there. The German news agency dpa reported that the interior ministry of the western state of North...

AP FACT CHECK: Trump wrong on judges, 'plummeting' poverty

Sep. 24, 2018 1:26 AM EDT

WASHINGTON (AP) — As the midterm elections draw near, President Donald Trump's tendency to declare his campaign promises fulfilled when they aren't has come into starker relief. He insists poverty in the U.S. is "plummeting," even though the number of poor people has barely declined under his watch and...

AP FACT CHECK: Trump's errant claims on Kavanaugh, economy

Sep. 22, 2018 10:14 AM EDT

WASHINGTON (AP) — Juggling a suddenly hot-potato Supreme Court nomination and midterm-election jousting, President Donald Trump flubbed facts across a broad front over the past week. His comments about nominee Brett Kavanaugh's accuser betrayed a misunderstanding of how the process works. His claim to be...

US agency endorses plan to block new mining near Yellowstone

Sep. 21, 2018 6:02 PM EDT

BILLINGS, Mont. (AP) — U.S. officials recommended approval on Friday of a plan to block new mining claims for 20 years on the forested public lands that make up Yellowstone National Park's mountainous northern boundary. Regional Forester Leanne Marten submitted a letter to the Bureau of Land Management...

APNewsBreak: Duke Energy says dam breached at plant in North Carolina; coal ash may be flowing into Cape Fear River

Sep. 21, 2018 11:33 AM EDT
WILMINGTON, N.C. (AP) — APNewsBreak: Duke Energy says dam breached at plant in North Carolina; coal ash may be flowing into Cape Fear River.

Peabody to purchase Shoal Creek coal mine in Alabama

Sep. 21, 2018 11:06 AM EDT

ST. LOUIS (AP) — The St. Louis-based coal company Peabody Energy has agreed to purchase Shoal Creek metallurgical coal mine from Drummond Co. Inc. for $400 million. Peabody said Friday that the transaction is expected to close by the end of the year. The Shoal Creek mine is on the Black Warrior River in...

Colombian rebels attack mining company, kill 3

Sep. 20, 2018 12:32 PM EDT

BOGOTA, Colombia (AP) — Colombia's military says a holdout rebel faction has attacked a mining camp run by Toronto-based Continental Gold Inc. and killed three of its workers. The attack occurred in Yarumal, a mountainous area of Antioquia Province, where Continental Gold is conducting exploration work....

Philippine landslide shows poor often live in danger's path

Sep. 19, 2018 8:10 AM EDT

ITOGON, Philippines (AP) — They're eerie photographs, probably the final images of a few Filipino villagers standing placidly outside low-slung buildings a day before the green mountainside behind them collapsed on that spot. The massive landslide buried dozens of poor miners and their families as Typhoon...