Latest Metals and minerals industry News

Navajo Nation company ends bid to buy power plant, mine

Mar. 22, 2019 10:43 PM EDT

ALBUQUERQUE, N.M. (AP) — One of the largest coal-fired power plants in the West will close this year as planned after a Navajo Nation company ended its long-shot bid Friday to acquire it. The Navajo Generating Station has operated for decades in northeastern Arizona near the Utah border, providing a hefty...

'Brace ourselves': Cyclone death toll tops 600 in Africa

Mar. 22, 2019 7:35 PM EDT

BEIRA, Mozambique (AP) — With the flooding easing in parts of cyclone-stricken Mozambique on Friday, fears are rising that the waters could yield up many more bodies. The confirmed number of people killed in Mozambique and neighboring Zimbabwe and Malawi climbed past 600. Eight days after Cyclone Idai...

A look at Russians who became mixed up in Trump probe

Mar. 22, 2019 7:08 PM EDT

MOSCOW (AP) — An investigation by special counsel Robert Mueller into an elaborate Russian operation that sought to meddle in the 2016 U.S. presidential election and try to help Donald Trump win the White House has cast a spotlight on more than a dozen Russian nationals, including billionaires, an elusive...

Army Corps of Engineers grants final permit for PolyMet mine

Mar. 22, 2019 4:25 PM EDT

ST. PAUL, Minn. (AP) — PolyMet Mining Corp. has received the final permit it needs to proceed with building Minnesota's first copper-nickel mine, the company and the Army Corps of Engineers announced Friday. The Corps said it issued the permit late Tuesday. It deals with the steps PolyMet must take to...

With black lung fund in jeopardy, taxpayers could foot bill

Mar. 20, 2019 6:12 PM EDT

LOUISVILLE, Ky. (AP) — The Trump administration and coal industry allies are insisting that a federal black lung trust fund will continue to pay benefits to sick miners despite a drastic cut in funding. But the expected shortfalls will be covered by taxpayers instead of coal companies, adding more debt to...

Gunmen fire on uranium convoy in Brazil; no injuries

Mar. 20, 2019 4:45 PM EDT

RIO DE JANEIRO (AP) — Gunmen fired on a convoy transporting uranium fuel to a Brazilian nuclear plant as it drove past a rough neighborhood in the state of Rio de Janeiro, but the company operating the plant said the attack didn't appear to be related to the radioactive material. The state-owned...

APNewsBreak: Congress' inaction endangers black lung fund

Mar. 20, 2019 1:49 AM EDT

COEBURN, Va. (AP) — Former coal miner John Robinson's bills for black lung treatments run $4,000 a month, but the federal fund he depends on to help cover them is being drained of money because of inaction by Congress and the Trump administration. Amid the turmoil of the government shutdown this winter, a...

Norwegian aluminum producer hit by cyberattack

Mar. 19, 2019 11:34 AM EDT

HELSINKI (AP) — Norwegian aluminum producer Norsk Hydro says it has been a targeted by "an extensive cyberattack" through a ransomware virus impacting its key operations and disrupting its IT systems. The Oslo-based company that is one of the world's largest aluminum producers said Tuesday it has isolated...

US adds Venezuelan state mining company to sanctions list

Mar. 19, 2019 11:21 AM EDT

WASHINGTON (AP) — The U.S. has added a Venezuelan state-owned mining company and its president to a growing sanctions list as it seeks to increase pressure on President Nicolas Maduro. The Treasury Department says the gold mining company known as Minerven and Adrian Antonio Perdomo Mata are helping to prop...

Correction: Chile-Floating Solar Island story

Mar. 16, 2019 2:18 PM EDT

SANTIAGO, Chile (AP) — In a story March 15 about a floating island of solar panels in Chile, The Associated Press reported erroneously that the array is 1,200 square feet. The array is 1,200 square meters. A corrected version of the story is below: SANTIAGO, Chile (AP) — A floating island of solar...