Recently added articles from Mining Engineering:
Economic stimulus bill includes billions for clean coal
Mar 01, 2009; ... President Barack Obama signed into law a $787-billion economic stimulus package in Denver, CO on Feb. 17. The compromise package that was passed by the U.S. Congress contains $3.4 billion in funding to support the development of advanced clean coal technologies. This includes slightly ...
Industry Events
Mar 01, 2009; ... March 2009 * 20- April 3, 2009 International No-Dig Show, Sheraton Center Toronto Hotel, Toronto, Canada. Contact: Benjamin Media, 1770 Main St., P.O. Box 190, Peninsula.OH 44264-0190, phone: 330-467-7588, fax: 330-468-2289, e-mail: mmagyar@benjaminmedia. com, Web site ...
THE DRIFT OF THINGS
Mar 01, 2009; ... * SME elects its directors and officers at annual meeting * UCA of SME's Fox Conference attracts record crowd At its annual meeting in Denver, CO in February, SME installed its 2009 president, board of directors and members of the Society's six strategic ...
United States ranks fourth in countries to invest; but scores low in permitting
Mar 01, 2009; ... Behre Dolbear Group's annual survey documenting mineral investment trends in 25 countries ranked the U.S. as one of the best countries for investment. However, the study also warns of risks associated with permitting delays in the United States. The U.S. ranks as the fourth best country ...
USGS report details economic contributions by mining industry
Mar 01, 2009; ... A report by the U.S. Geological Survey (USGS) titled "Mineral Commodity Summaries 2009," documents the economic contributions created by mineral mining and the use of mineral commodities in the United States. According to Mineral Commodity Summaries 2009, the value added to America's ...
Strategies for saving your job
Mar 01, 2009; ... We are all now painfully aware that the mining industry has a ballooning number of "Free Agents." This new euphemism competes with the other classics such as "made redundant," "downsized," "outsourced," "pink-slipped" and "shown the door." Although some people may actually work for free, ...
Hardrock Mining and Reclamation Act off 2009 introduced to Congress
Mar 01, 2009; ... U.S. House Natural Resources Committee Chairman Nick Rahall (D-WV) introduced legislation that is aimed at reforming the 1872 Mining Law, called the Hardrock Mining and Reclamation Act of 2009 (H.R. 699). H.R. 699 is nearly identical to a bill that was approved by the House in 2007 ....
Mining industry contributes millions of dollars to economy
Mar 01, 2009; ... MINING CONTRIBUTIONS A report by Moore Economics titled "The Economic Contributions of U.S. Mining in 2007" shows that the mining industry is a fundamental part of America's economy through its contribution of millions of jobs and billions of dollars in payroll and personal income and ...
Chinalco plans to invest nearly $20 billion into Rio Tinto
Mar 01, 2009; ... MERGERS AND ACQUISITION Rio Tinto will receive a $12.3-billion investment in some of Rio Tinto's aluminum, copper and iron ore projects. In addition to this investment, Chinalco is buying $7.2 billion of convertible bonds. Together, this will increase Chinalco's stake in Rio Tinto from 9 ...
New mining law in Ecuador draws praise from Canadian miners
Mar 01, 2009; ... LATIN AMERICA Anew mining law in Ecuador was ratified by the National Assembly that is supported by Ecuador's President Rafael Correa and was applauded by many mining firms. The new law places no limits on the number of mining concessions held by a single company, with concessions ...
Chavez threatens to seize gold concessions in Venezuela
Mar 01, 2009; ... (ProQuest: ... denotes text stops here in original.) Venezuelan President Hugo Chavez said that his government will seize several gold mining concessions that previous governments granted private operators, in a bid to supplement falling oil prices with proceeds from statecontrolled ...
Rio Tinto sells mine to Vale
Mar 01, 2009; ... Rio Tinto said it had struck a deal to sell an iron ore mine and other projects in South America to Vale for $1 .6 billion. The deal comes as the AngloAustralian miner scrambles to reduce its heavy debt burden. Rio Tinto said in a statement it had signed definitive agreements to ...
Alcoa weighs in on climate change legislation
Mar 01, 2009; ... CLIMATE CHANGE The Blueprint for Legislative Action, a climate protection initiative that includes policy recommendations for developing legislation to address climate changes, was introduced by a coalition of companies, including aluminum producer Alcoca. Alcoa is a founding ...
Judge refuses to halt Nevada gold mine
Mar 01, 2009; ... LEGAL AFFAIRS Barrick Gold will be able to proceed at its Cortez Hills project on Mount Tenabo in northeast Nevada following a ruling by U.S. District Judge Larry Hicks. He ruled that there is not enough evidence to force Barrick Gold to postpone digging a 610-m (2,000-ft) deep openpit ...
Mountaintop mining restrictions reversed by appeals court
Mar 01, 2009; ... The U.S. Fourth Circuit Court of Appeals in Virginia reversed a two-year-old decision from the Southern District of West Virginia that had ruled the U.S. Army Corp of Engineers had violated the Clean Water Act in issuing permits for four coal mines. The ruling reverses the injunction ...
BHP Billiton cuts jobs, closes mine in Australia
Mar 01, 2009; ... NICKEL The global recession continued to take a toll on the mining industry in January as BHP Billiton joined the ranks of companies forced to cut back. BHP Billiton announced that it would cut 6,000 jobs and close its giant Ravensthorpe nickel mine in Australia, writing off $1.6 ...
Newmont raises $1.56 billion to purchase controlling stake in the Boddington gold mine
Mar 01, 2009; ... GOLD Despite the tough times, Newmont Mining was able to raise $1.56 billion to acquire full control of the Boddington gold mine in Australia. Newmont sold 30 million shares at $37/share and sold $450 million of convertible notes with a 3-percent coupon due in 2012 to come up ...
Hostile takeover bid halted by Ontario court
Mar 01, 2009; ... Rusoro Mining's hostile takeover bid for Gold Reserve was halted by a judge in Ontario. The judge, Peter Cumming, halted the takeover on the grounds that Rusuro had access to confidential information from a financial adviser who acted for both companies. An interlocutory injunction will restrain ...
China remains No. 1 gold producer
Mar 01, 2009; ... For the second year in a row, China is the world's top gold producer. In 2008, the Chinese Gold Association (CGA) said China's gold production increased 4.26 percent to 282 t (9.1 million oz), retaining its title of the world's largest gold producer and beating out South Africa for the ...
William H. Wilkinson an interview with the 2009 SME President
Mar 01, 2009; ... What is your assessment of the current state of the minerals industry? It is no understatement that domestic mining is facing a severe crisis at this time. The sharp decline in commodity prices and demand is putting a great strain on domestic and worldwide mining, causing major declines ...