Archive | United States Mining

Arizona shares tumble on speculation – by Salma Tarikh (Northern Miner – January 1, 2017)

Global mining news

Arizona Mining (TSX: AZ) shares slightly recovered on promising assays from the Taylor zinc-lead sulphide deposit at its Hermosa property, following a sharp decline after a mining publication raised concerns about the marketability of Taylor’s zinc concentrates, before sliding again.

Located 10 km from the town of Patagonia and 80 km southeast of Tucson, Ariz., the high-grade zinc deposit contains 28.3 million indicated tonnes grading 10.9% zinc equivalent and 75 million inferred tonnes at 11.1% zinc equivalent, using a 4% zinc equivalent cut-off grade. Exploration success at Taylor this year coupled with higher zinc prices have skyrocketed the company’s shares.

On Dec. 7, the stock touched a 52-week high of $3.49, up 947% from its 2015 close of 32.5¢. A day earlier the company had closed a $36-million bought deal with underwriters led by Scotia Capital, National Bank Financial, RBC Capital Markets, TD Securities and Raymond James. It sold 11.8 million shares at $3.05 apiece. Continue Reading →

McConnell Outlines Environmental Wish-List for Trump Action (New York Times – January 10, 2017)

http://www.nytimes.com/

THE ASSOCIATED PRESS – WASHINGTON — The top Republican in the Senate outlined a series of actions he hopes President-elect Donald Trump will take to overturn environmental regulations imposed by President Barack Obama, including a rule to protect streams from coal-mining debris.

Majority Leader Mitch McConnell, R-Ky., urged Trump in a letter to scrap a rule to protect small streams and wetlands from development and other regulations that the GOP considers overly burdensome. He also asked Trump to drop a legal defense of the Clean Power Plan, Obama’s signature effort to limit carbon pollution from coal-fired power plants.

The plan, the linchpin of Obama’s strategy to fight climate change, is on hold awaiting a court ruling. In a Jan. 4 letter to the president-elect, McConnell said Trump “inspired the American people with your vision of less regulation, free and fair competition and enhanced job opportunities.” Continue Reading →

Can West Virginia’s New Governor Save Coal Country? – by Paul Barrett (Bloomberg News – January 10, 2017)

https://www.bloomberg.com/

Jim Justice—6 feet 7 inches, 375 pounds, rumpled in the extreme—has the friendly, shambling demeanor of a high school basketball coach, which he’s been for decades. He’s also the richest man in West Virginia, with holdings in coal, timber, and tourism.

This year he decided to run for governor—his second race for political office after a successful bid 17 years ago for a county school board seat. He ran as a Democrat, but kept his distance from Hillary Clinton and boasted of his friendship with Donald Trump.

Justice and Trump have similarities beyond their reputations as iconoclastic billionaires: Both own real estate that’s part of an intricate web of businesses run with assistance from adult children. Both refused to disclose their tax returns. And both vowed they’d somehow revive West Virginia’s slumping coal industry. Continue Reading →

Black Lung, Incurable and Fatal, Stalks Coal Miners Anew – Editorial (New York Times – December 24, 2016)

http://www.nytimes.com/

Appalachian health officials report a shocking rise in cases of black lung — the deadly coal-mining disease thought to have been reined in by a landmark federal law passed in 1969.

Young miners are proving particularly vulnerable because the thinner coal seams now being worked in Appalachia leave them vulnerable to a more volatile black lung strain rooted in silica dust, according to an investigative report by National Public Radio.

The emergence of a new generation of miners gasping for their lives should give President-elect Donald Trump, who has vowed to revive the industry, reason to reflect on a safer course for the very workers he claimed to prize as a candidate. There is no known cure for black lung, a wearying disease responsible for 78,000 deaths since 1968. Continue Reading →

Phosphate industry has a large footprint in Florida – by Zach Murdock (Sarasota Herald-Tribune – December 20, 2016)

http://www.heraldtribune.com/

SARASOTA – Four area environmental groups announced Tuesday that they plan to sue two federal agencies over approvals of more than 50,000 acres for phosphate mining across central Florida.

The groups contend the operations “irretrievably damage habitat for imperiled species, threaten water quality and forever change Florida’s landscape” in and around critical watersheds that are a major source of drinking water for hundreds of thousands of Southwest Florida residents, including Manatee and Sarasota counties.

The joint lawsuit will be filed by the Center for Biological Diversity, ManaSota-88, People for Protecting Peace River and Suncoast Waterkeeper against the U.S. Army Corps of Engineers and U.S. Fish and Wildlife Service, according to the notice of intent to sue issued Tuesday morning. Continue Reading →

Short View: Trump’s coal hard truths – by Alan Livsey (Financial Times – December 21, 2016)

https://www.ft.com/

Donald Trump’s holiday gift season actually starts in January, the 20th to be exact. From then he must deliver on all the promises he made in his presidential campaign over the past year or so.

One of those promises was to hand out sacks of coal, not to the bad kids, but ideally to every American. Get everyone using more coal: stop this fad for renewable energy, and keep the Environmental Protection Agency in check over clean-air regulations that reduce demand for coal.

Produce more coal and the miners in states such as West Virginia can get their jobs back, the thinking goes. That state has suffered the brunt of job cuts in that sector. Continue Reading →

Mining companies scramble to fight burdensome new EPA rule – by Barbara Mannino (Fox News – December 19, 2016)

http://www.foxnews.com/

Mining companies are fired up about a proposed federal rule change that would jack up the purse companies must have access to in order to cover any environmental damage their work might cause.

The proposed Environmental Protection Agency (EPA) changes shift the burden of financing Superfund cleanups — which are also known as National Priority List, or NPL, sites — away from the federal government to the mining facilities, a move that would cost the industry $171 million a year and save the EPA $527 million over 34 years, according to the agency’s Regulatory Impact Analysis.

Companies see an added burden as much as 20 times higher from the insurance and bonds they would be required to get, and believe the change will have a devastating impact on the economy of states like Nevada, which leads the U.S. in gold production, and other metal-mining states, most of them in the western half of the country. Continue Reading →

Obama Sets Up Water Clash With Mining Rule Trump Opposes – by Ari Natter (Bloomberg News – December 19, 2016)

https://www.bloomberg.com/

The Obama administration issued new regulations to protect streams and groundwater from coal mining, a measure that’s targeted for repeal by congressional Republicans.

The industry says the U.S. Interior Department’s so-called stream protection rule will strand billions of dollars worth of coal in the ground. Even before it was issued Monday, President-elect Donald Trump had vowed to rescind it, calling it “excessive.”

The Interior Department says the rule, which updates 33-year-old regulations, will protect 6,000 miles of streams and 52,000 acres of forests primarily in Appalachia. The rule will end practices that permanently pollute streams and drinking water, requiring companies to restore streams once their mining work is complete and to monitor water quality. Continue Reading →

Advanced Black Lung Cases Surge In Appalachia – by Howard Berkes (National Public Radio – December 15, 2016)

http://www.npr.org/

Across Appalachia, coal miners are suffering from the most serious form of the deadly mining disease black lung in numbers more than 10 times what federal regulators report, an NPR investigation has found.

The government, through the National Institute for Occupational Safety and Health, reported 99 cases of “complicated” black lung, or progressive massive fibrosis, throughout the country the last five years.

But NPR obtained data from 11 black lung clinics in Virginia, West Virginia, Pennsylvania and Ohio, which reported a total of 962 cases so far this decade. The true number is probably even higher, because some clinics had incomplete records and others declined to provide data. Continue Reading →

Feds slam brakes on copper-nickel mine near Boundary Waters – by Jennifer Bjorhus (Minneapolis Star Tribune – December 15, 2016)

http://www.startribune.com/

Feds say Twin Metals plan poses too big a risk to BWCA.

In a major victory for environmentalists, the federal government said it will not renew two mineral leases held by Twin Metals Minnesota, saying its proposed copper mine near Ely poses too great a risk of contaminating the Boundary Waters Canoe Area Wilderness.

“The Boundary Waters is a national treasure, special to the 150,000 who canoe, fish and recreate there each year, and is the economic life blood to local businesses that depend on a pristine natural resource,” U.S. Agriculture Secretary Tom Vilsack said in announcing the decision Thursday.

The ruling slams the brakes on one of two copper-nickel mines proposed for northern Minnesota, and is likely to intensify an emotional debate that pits the region’s storied mining industry against a rare and much-loved forest wilderness. Continue Reading →

The Goose-Killing Lake And The Scientists Who Study It – by Sarah Zhang (The Atlantic/Huffington Post – December 14, 2016)

http://www.huffingtonpost.com/

In late November, a flock of migrating snow geese landed in a lake in Butte, Montana. Soon, they began to die. Because what they landed in was the Berkeley Pit, a Superfund site filled with acidic and metal-laden toxic waste from copper mining. The lake was “white with birds;” thousands died. Weeks later, as the story has gone viral, officials are still counting.

The Berkeley Pit had killed migrating geese before. “It was a shock to hear it happening again, on a much larger scale,” says Andrea Stierle, who, along with her husband Don, has been studying the Berkeley Pit for more than three decades. In 1995, over 300 migrating geese landed in the pit and died from ingesting the toxic water.

The Stierles were chemists at nearby Montana Tech at the time, and they were in search of microbes living in the toxic waste water that could make antibiotics and other useful substances. That arrival of the first flock of geese changed the microbial makeup of the Berkeley Pit and likely the outcomes of Stierles’ research, too. Continue Reading →

NEWS RELEASE: Arizona Mining Comments on Misleading Article

VANCOUVER, BC–(Marketwired – December 14, 2016) – Arizona Mining Inc. (AZ.TO) (“Arizona Mining” or the “Company”) is responding to the latest article published by the Global Mining Observer that is aimed at discrediting Arizona Mining and its Taylor Project.

The latest article quotes unnamed sources giving generic opinions about the marketability of zinc concentrates containing manganese. Global Mining Observer then takes these general comments and attempts to apply them to Arizona Mining to discredit what the Company has announced to date on its Taylor deposit.

As previously disclosed, Arizona Mining has done initial bench-scale metallurgical work on the various types of ore found at the Taylor deposit which does not yet reflect cleaner stages, regrinds or any optimization, which may reduce the manganese levels. The same initial results show very low iron and cadmium contents and negligible mercury and arsenic, which are other common undesirable elements. Continue Reading →

Copper Supply From Top Mine Threatened as Export Ban Looms (Bloomberg News – December 14, 2016)

https://www.bloomberg.com/

Exports from the world’s second-largest copper mine in Indonesia are under threat as a government ban on overseas concentrate shipments is scheduled to come into force from the middle of January.

While ministers are rushing to revise the regulations so miners that have committed to build smelters can continue to export ore concentrates, an intermediate product used to make copper, there’s no guarantee that the deadline will be met. The rules as they stand now only permit shipments of refined metal after Jan. 11.

Richard Adkerson, chief executive officer of Freeport-McMoRan Inc., the world’s biggest publicly traded copper miner and owner of the massive Grasberg mine in Papua province, says he’s confident the issue will be resolved. Continue Reading →

Arizona Mining comes out swinging – by Staff (Mining Journal – December 13, 2016)

http://www.mining-journal.com/

Vancouver-based Arizona Mining has strongly refuted claims made in global mining blog that compared some of its deposits to the “Bre-X” scandal. An article in the Global Mining Observer on the weekend drew a comparison to Bre-X, the company involved in a major gold mining scandal in the mid-1990s, the Financial Post reported.

Arizona says the Observer’s article, which is no longer available online, was misleading. “First, the article appeared to infer that the Taylor deposit was a re-named version of the Central Deposit,” Arizona said in a statement.

“There are, in fact, two distinct deposits at the Hermosa project – the Taylor zinc-lead-silver sulphide deposit and the Central deposit, which is a manganese-silver oxide deposit.” Continue Reading →

Editorial: Mountaintop mining ban will protect Upper Cumberland (Knoxville News Sentinel – December 13, 2016)

http://www.knoxnews.com/

In a victory for those who love Tennessee’s mountains, the U.S. Department of the Interior last week banned mountaintop coal mining from more than 500 miles of ridgetops in the Upper Cumberland region. The decision, six years in the making, places a 1,200-foot buffer – 600 feet on both sides of the ridgetops – from surface mining. In all, the ruling covers nearly 75,000 acres of state-managed land.

The land that will be declared off-limits to mountaintop mining is in Scott, Morgan, Anderson and Campbell counties and falls within the North Cumberland Wildlife Management Area and the Emory River Tract Conservation Easement.

The state petitioned the federal Office of Surface Mining Reclamation and Enforcement for the declaration in 2010, three months before then-Gov. Phil Bredesen left office. In its petition, the state said mountaintop coal mining would be incompatible with existing local and state plans and would result in significant damage to cultural, scientific, aesthetic values or natural systems. Continue Reading →