Latest Precious metals industry News

Alaska agency to review Donlin Gold mine gas pipeline lease

May. 21, 2020 10:20 AM EDT

BETHEL, Alaska (AP) — The Alaska Department of Natural Resources has started a review of a right-of-way lease for a gas pipeline to a proposed gold mine. The agency previously approved the lease for the Donlin Gold mine pipeline in January, KYUK-AM reported Wednesday. The 315-mile (507-kilometer) pipeline...

The Latest: Japan ending state of emergency in 3 prefectures

May. 21, 2020 1:30 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan approves lifting state of emergency in three...

In this photo taken Sunday, Feb. 23, 2020, a miner stands on a mound of dirt to make a phone call, at a gold mine in Bouda, Burkina Faso. A growing number of small-scale gold miners are out of work in Burkina Faso as jihadists try to seize control of the country's most lucrative industry. (AP Photo/Sam Mednick)

Militants increasing attacks on Burkina Faso mines

May. 9, 2020 5:04 AM EDT

BOUDA, Burkina Faso (AP) — Jihadists burst into the gold mine where Moussa Tambura worked in Burkina Faso, forbidding everyone from smoking and drinking. It wasn’t long before the men returned and leveled the place to the ground. “They attacked the site, killed people and burned...

Judge's ruling halts gold mine project in eastern Idaho

May. 5, 2020 3:26 PM EDT

BOISE, Idaho (AP) — Exploration work by a Canadian company hoping to build an open-pit gold mine in Idaho west of Yellowstone National Park was halted following a federal judge’s ruling involving its impact on groundwater. U.S. District Court Judge B. Lynn Winmill on Monday amended his previous...

The Latest: Paper mill temporarily closes, cites COVID-19

Apr. 21, 2020 10:36 AM EDT

GRAND RAPIDS, Minn. (AP) — The Latest on the coronavirus outbreak in Minnesota (all times local): 9:35 a.m. A northern Minnesota paper mill is temporarily closing because of the economic fallout from the coronavirus pandemic. UPM Blandin cites market forces for shutting down its Grand Rapids mill. The...

Opponents lose court case against Alaska mine near fishery

Apr. 20, 2020 10:00 AM EDT

JUNEAU, Alaska (AP) — Opponents have lost a court case against the proposed copper and gold mine near a major salmon fishery in Alaska’s Bristol Bay region. U.S. District Court Judge Sharon Gleason ruled the U.S. Environmental Protection Agency could withdraw a “proposed determination”...

Dairy to close Honolulu operation in deal with new buyer

Apr. 16, 2020 10:36 AM EDT

HONOLULU (AP) — An anticipated sale of Hawaii’s oldest and largest milk processor fell through and the company expects to close its Honolulu operation, despite a tentative deal with another buyer, official said. Dean Foods Co., the parent company of Meadow Gold, announced Monday that a pending sale...

Magnitude 5.2 quake rattles California-Nevada state line

Apr. 11, 2020 12:15 PM EDT

BODIE, Calif. (AP) — An earthquake with a preliminary magnitude of 5.2 rattled the remote California-Nevada state line but no damage or injuries were reported. The quake just struck after 7:36 a.m. Saturday and was centered near Bodie, a former gold-mining town that is now a state park in the eastern...

In this Friday, March 6, 2020 photo, villagers board a bus as they flee their homes following clashes between security forces and a rebel group, in Tembagapura, Papua, Indonesia. The attacks between gunmen and security forces near the world's largest gold mine in Indonesia's easternmost region has caused nearly 2,000 villagers to flee, officials said Saturday. (AP Photo/Sevianto Pakiding)

3 rebels linked to Indonesia gold mine attack die in clash

Apr. 11, 2020 1:50 AM EDT

TIMIKA, Indonesia (AP) — Indonesian security forces shot and killed three separatist rebels who were suspected in an attack that killed a New Zealander near the world’s largest gold mine in the easternmost province of Papua, police said Saturday. Clashes near the Grasberg copper and gold mine began...

Conservationists oppose water rights for Nevada gold mine

Apr. 10, 2020 5:11 PM EDT

RENO, Nev. (AP) — Five conservation groups have joined a tribe’s effort to block the expansion of a northeast Nevada gold mine they say would suck water from other area users and destroy cultural resources and habitat for sensitive wildlife dependent on nearby wetlands. The environmentalists filed...