Latest Precious metals industry News

New wildfire erupts near Colorado ski resorts, houses

Jun. 13, 2018 3:16 AM EDT

DENVER (AP) — A wildfire erupted Tuesday in an area of Colorado known for its ski resorts, forcing the evacuation of more than 1,300 homes and marking the latest in a series of blazes that have ignited in the drought-stricken U.S. West. The fire in central Colorado had burned only about 100 acres but was...

Midas touch: French demolition workers find 600 gold coins

Jun. 11, 2018 5:28 AM EDT

PARIS (AP) — French gendarmes say workers paid to demolish an uninhabited house in Brittany made an unexpected discovery in the cellar — 600 gold coins. The Pont-Aven gendarmerie said Monday that after rattling a mysterious, shell-shaped container, the workers discovered the coins inside. They were...

Lawmakers want to question Brexit backer on Russia meetings

Jun. 10, 2018 11:24 AM EDT

LONDON (AP) — The chairman of the British Parliament's media committee said Sunday that a millionaire backer of the successful campaign to leave the European Union has questions to answer about his contacts with Russian officials. Lawmaker Damian Collins said his committee plans to question Arron Banks,...

23 miners rescued in northeastern China after blast kills 11

Jun. 6, 2018 1:06 AM EDT

BEIJING (AP) — Rescuers pulled 23 miners to safety after a blast at an iron mine in northeast China trapped them underground and killed 11 others, the government said Wednesday. The search was continuing for two workers still missing after explosives that were being transported to a mine blew up near the...

Canadian investor backs away from Alaska mine project

May. 25, 2018 7:52 PM EDT

JUNEAU, Alaska (AP) — A Canadian company that was courted as a potential partner in a proposed copper-and-gold mine near one of the world's largest salmon fisheries in Alaska has backed away from the project. Northern Dynasty Minerals Ltd., which is seeking to develop the Pebble Mine project in southwest...

The Latest: Mine official downplays impact of failed deal

May. 25, 2018 7:35 PM EDT

JUNEAU, Alaska (AP) — The Latest on a proposed copper-and-gold mine in southwest Alaska (all times local): 3:20 p.m. Developers of a proposed copper-and-gold mine near a world-class salmon fishery in southwest Alaska are downplaying the impact after a deal with a potential investor fell apart. Tom Collier...

Court: Montana minimizes impact of mining near Yellowstone

May. 25, 2018 7:14 PM EDT

BILLINGS, Mont. (AP) — A gold exploration proposal near Yellowstone National Park faced a significant setback as a judge blamed Montana officials for understating the potential for mining to harm land, water and wildlife. The ruling released Friday means the Montana Department of Environmental Quality...

Trump reversal of mining pollution rule challenged in court

May. 16, 2018 4:55 PM EDT

BILLINGS, Mont. (AP) — Environmental groups challenged the Trump administration in federal court Wednesday over its rejection of an Obama-era proposal that would have required mining companies to prove they have enough money to clean up their pollution. The Idaho Conservation League, Earthworks, Sierra...

Death toll in South African mining accident rises to 7

May. 5, 2018 11:58 AM EDT

JOHANNESBURG (AP) — A mining company in South Africa says seven workers died and six were rescued after an earth tremor caused a rock fall at a gold mine. The Sibanye-Stillwater company said Saturday that 13 miners had been trapped at the Masakhane mine in Driefontein after the 2.2-magnitude quake on...

4 miners killed at South African gold mine after tremor

May. 4, 2018 3:44 AM EDT

JOHANNESBURG (AP) — A mining company in South Africa says four workers have died and two others are missing after an earth tremor caused a rockfall at a gold mine. The Sibanye-Stillwater company says 13 miners had been trapped at the Masakhane mine in Driefontein after the 2.2-magnitude quake on Thursday....