Latest Metals and minerals industry News

NASA asteroid mission on hold due to late software delivery

Jun. 24, 2022 16:36 PM EDT

NASA put an asteroid mission on hold Friday, blaming the late delivery of its own navigation software. The Psyche mission to a strange metal asteroid of the same name was supposed to launch this September or October. But the agency’s Jet Propulsion Lab was several months late...

Kentucky aluminum plant idling, laying off 600 workers

Jun. 24, 2022 10:00 AM EDT

HAWESVILLE, Ky. (AP) — A large aluminum plant in Kentucky is temporarily halting production and laying off more than 600 workers due to rising energy costs. Century Aluminum has announced plans to shut down its Hawesville smelter for 9 to 12 months starting in August. The plant,...

Swiss customs tracks importation of Russian gold worth $200M

Jun. 24, 2022 05:43 AM EDT

GENEVA (AP) — Swiss customs authorities said Friday that they are tracking about 3 tons of gold of Russian origin that entered Switzerland from Britain last month to watch for potential violations of economic sanctions against Russia following President Vladimir Putin's war on Ukraine. ...

Feds issue draft assessment that could doom Minnesota mine

Jun. 23, 2022 17:41 PM EDT

ST. PAUL, Minn. (AP) — The U.S. Forest Service issued a draft environmental assessment Thursday to lay the foundation for a proposed 20-year moratorium on copper-nickel mining upstream from the Boundary Waters Canoe Area Wilderness. Formally, the proposal would “withdraw” from...

Mosaic, Bank of America fall; KB Home, Rite Aid rise

Jun. 23, 2022 16:25 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: KB Home, up $2.26 to $28.49. The homebuilder's second-quarter financial results beat analysts' forecasts. Worthington Industries Inc., up $3.67 to $44.08. ...

In climate fight, EU lawmakers back stricter emission caps

Jun. 22, 2022 12:43 PM EDT

BRUSSELS (AP) — European Union lawmakers stepped up the fight against global warming Wednesday by requiring deeper emission cuts from power plants, factories and planes in the EU and by endorsing an unprecedented import tax. The European Parliament advanced draft climate...

'The impossible': Ukraine's secret, deadly rescue missions

Jun. 22, 2022 04:26 AM EDT

KYIV, Ukraine (AP) — As was his habit before each flight, the veteran Ukrainian army pilot ran a hand along the fuselage of his Mi-8 helicopter, caressing the heavy transporter’s metal skin to bring luck to him and his crew. They would need it. Their destination — a besieged...

Officials: 1 killed, 1 hurt in cave-in inside Virginia mine

Jun. 21, 2022 11:44 AM EDT

RIPPLEMEAD, Va. (AP) — One mine worker was killed and another injured in a cave-in inside a mine in western Virginia on Monday afternoon, officials said. A Giles County emergency services official said the cave-in happened at the Lhoist Chemical Mine Plant in Ripplemead, news...

Colombian voters elect country's first Black vice president

Jun. 20, 2022 19:38 PM EDT

BOGOTA, Colombia (AP) — As Colombia's voters put aside a longtime antipathy to leftists and chose one as their new president, they also carved out another milestone — electing the country's first Black vice president. When former leftist rebel Gustavo Petro takes office as...

Researchers look at producing rare elements from N.D. coal

Jun. 19, 2022 18:09 PM EDT

GRAND FORKS, N.D. (AP) — Researchers are looking at whether it might be possible to recover some of the rare elements used to make magnets for electric motors and cell phones, batteries and other high-tech products from North Dakota's coal seams. It's already been proven that some...