Latest Precious metals industry News

Big Nevada gold mine expansion on hold in face of opposition

Aug. 7, 2020 5:17 PM EDT

RENO, Nev. (AP) — Facing fierce opposition from conservationists and tribal leaders on multiple fronts, Nevada’s largest mining company has suspended its proposed expansion of what would become one of the biggest gold mines in the world. Lawyers for the U.S. government and one of the groups seeking...

President Donald Trump speaks during a briefing with reporters in the James Brady Press Briefing Room of the White House, Wednesday, Aug. 5, 2020, in Washington. Trump said Wednesday he would

Trump says he'll listen to both sides on Alaska mine project

Aug. 5, 2020 8:58 PM EDT

JUNEAU, Alaska (AP) — President Donald Trump said Wednesday he would “listen to both sides” after his eldest son and a campaign adviser urged him to intervene to block a proposed copper and gold mine in Alaska’s Bristol Bay region. Donald Trump Jr. on Tuesday agreed with a tweet from...

Brazil's President Jair Bolsonaro wears a mask amid the COVID-19 pandemic at the start of a ceremony where his nation's flag is projected in Brasilia, Brazil, Wednesday, Aug. 5, 2020. (AP Photo/Eraldo Peres)

Top court rules Brazil must protect Indigenous in pandemic

Aug. 5, 2020 8:17 PM EDT

BRASILIA, Brazil (AP) — The Brazilian Supreme Court ordered President Jair Bolsonaro’s administration Wednesday to adopt measures to shield Indigenous peoples from the new coronavirus, in a vote that came hours after a prominent Indigenous leader died from COVID-19. The justices voted unanimously in...

FILE - In this June 23, 2020 file photo, Donald Trump Jr. speaks at Dream City Church in Phoenix. Trump Jr. has agreed with calls to block a proposed copper and gold mine near the headwaters of a major U.S. salmon fishery in southwest Alaska. Trump Jr. responded Tuesday, Aug. 4, 2020, to a tweet by Nick Ayers, a former aide to Vice President Mike Pence, that expressed hope President Donald Trump would direct the U.S. Environmental Protection Agency to block the proposed Pebble Mine. (AP Photo/Evan Vucci, File)

Trump Jr. expresses opposition to Alaska mine project

Aug. 4, 2020 9:31 PM EDT

JUNEAU, Alaska (AP) — President Donald Trump's eldest son agreed Tuesday with calls to block a proposed copper and gold mine near the headwaters of a major U.S. salmon fishery in southwest Alaska. Donald Trump Jr. responded to a tweet by Nick Ayers, a former aide to Vice President Mike Pence and a senior...

FILE - In this July 13, 2007, file photo, workers with the Pebble Mine project test drill in the Bristol Bay region of Alaska, near the village of Iliamma. The Pebble Limited Partnership, which wants to build a copper and gold mine near the headwaters of a major U.S. salmon fishery in southwest Alaska, says it plans to offer residents in the region a dividend. (AP Photo/Al Grillo, File)

Mine developer sees review as positive for Alaska project

Jul. 24, 2020 7:54 PM EDT

JUNEAU, Alaska (AP) — A proposed copper and gold mine that critics fear would imperil a major U.S. salmon fishery got a boost Friday with the release of an environmental review that the developer of the Pebble Mine sees as laying the groundwork for key federal approvals as early as this summer. The...

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Review: 'Conspiracy' tells of gold rush and Gilded Age greed

Jul. 7, 2020 9:53 AM EDT

“A Most Wicked Conspiracy: The Last Great Swindle of the Gilded Age,” by Paul Starobin (Public Affairs) Rules, laws and honesty meant little to Alexander McKenzie, a Gilded Age political boss in North Dakota who chummed around with deep-pocketed capitalists and U.S. senators. After gold was...

UN experts: Gold from Congo going to armed groups, criminals

Jun. 19, 2020 10:20 PM EDT

UNITED NATIONS (AP) — U.N. experts say armed groups, criminal networks and some law enforcement agents in Congo are reaping vast sums of money from illegally exploiting gold and other natural resources and smuggling them to Uganda, Burundi, Rwanda, Tanzania and the United Arab Emirates. The experts...

A statue of Cecil Rhodes, the controversial Victorian imperialist who supported apartheid-style measures in southern Africa stands mounted on the facade of Oriel College in Oxford, England, Wednesday, June 17, 2020. The governing body of Oriel College are meeting today to discuss the future of the statue. (AP Photo/Matt Dunham)

Oxford college recommends removal of Cecil Rhodes statue

Jun. 17, 2020 4:51 PM EDT

LONDON (AP) — The governing body of Oxford University’s Oriel College on Wednesday recommended the removal of a statue of Victorian imperialist Cecil Rhodes that has long been the target of protests — though it won’t be taken down immediately. The college’s governors said they...

Workers remove a statue of John Sutter, a Swiss settler who built the first European settlement on the site of the city of Sacramento, outside Sutter hospital in midtown on Monday, June 15, 2020. Some historical accounts describe Sutter as using Native Americans as slaves and raping Native American girls as young as age 12. (Daniel Kim/The Sacramento Bee via AP)

Statue of pioneer linked to California Gold Rush is removed

Jun. 15, 2020 9:24 PM EDT

SACRAMENTO, Calif. (AP) — A statue honoring a colonizer who laid claim to the land where the discovery of shiny flakes of gold sparked the California Gold Rush was removed Monday outside a hospital bearing his name in the state capital. Several dozen people cheered as a work crew lifted the statue of John...