Latest Metals and minerals industry News

EPA extends comment period on proposed mine restrictions

Jul. 01, 2022 13:37 PM EDT

JUNEAU, Alaska (AP) — The U.S. Environmental Protection Agency is extending by two months the public comment period on its proposed restrictions that would block plans for a copper and gold mine in Alaska’s Bristol Bay region. The agency in a statement said its regional office...

Czech Republic to extend coal mining amid high demand

Jun. 30, 2022 07:24 AM EDT

PRAGUE (AP) — The Czech Republic has decided to reverse plans to halt mining in a key black coal region to help the country safeguard its power supply amid high demand and the energy crunch prompted by the Russia's war in Ukraine. Finance Minister Zbynek Stanjura said Thursday that...

Editorial Roundup: Minnesota

Jun. 29, 2022 23:49 PM EDT

Minneapolis Star Tribune. June 25, 2022. Editorial: Ruling should end cop funding nonsense Minnesota Supreme Court rightly decides that Minneapolis must follow its charter requirements. Minnesota’s highest court recently made it official: Minneapolis...

Russians fight to encircle Ukraine's last eastern stronghold

Jun. 29, 2022 19:15 PM EDT

KREMENCHUK, Ukraine (AP) — Russian forces battled Wednesday to surround the Ukrainian military’s last stronghold in a long-contested eastern province, as shock reverberated from a Russian airstrike on a shopping mall that killed at least 18 in the center of the country two days earlier. ...

US Steel upgrading MN mill to produce specialty pellets

Jun. 29, 2022 11:47 AM EDT

MINNEAPOLIS (AP) — U.S. Steel plans to spend $150 million to upgrade one of its two Minnesota mines to produce a new kind of iron ore feedstock now used in the majority of the nation's steel mills. The specialty “DR-grade” pellets are used to make a purer form of iron that is...

Yacht of wealthiest Russian oligarch docked in haven Dubai

Jun. 28, 2022 12:16 PM EDT

DUBAI, United Arab Emirates (AP) — The man considered to be the wealthiest oligarch in Russia, who has been photographed playing ice hockey with President Vladimir Putin, joins a growing list of those transferring — or, sailing — their prized assets to Dubai as the West tightens its massive...

Cyberattack forces Iran steel company to halt production

Jun. 27, 2022 14:04 PM EDT

DUBAI, United Arab Emirates (AP) — One of Iran’s major steel companies said Monday it was forced to halt production after being hit by a cyberattack that also targeted two other plants, apparently marking one of the biggest such assaults on the country’s strategic industrial sector in recent...

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. ...