In the latest developments in a dispute over copper exports, Indonesia has slammed Newmont Mining for declaring force majeure – which allows it to back out of contracts without penalty – and says the company isn’t moving quickly enough to comply with local regulations, The Wall Street Journal reports.
BILLINGS, Mont. (AP) — A group of investors that includes former Montana Gov. Brian Schweitzer is seeking $10 million from a mining company in exchange for access to a huge copper and silver reserve — a move the company's chief executive said Wednesday was "extortion" and included a threat to stir up negative publicity for the project.
Schweitzer, who has hinted at a 2016 presidential run, rejected the accusation and said he had been making a good-faith effort to resolve the dispute with a cash and stock settlement.
SIOUX FALLS, S.D. (AP) — A federal panel has lifted a temporary hold on the operating license for a proposed uranium mine in western South Dakota.
The Atomic Safety and Licensing Board in late April issued the stay on the U.S. Nuclear Regulatory Commission license granted to Powertech Uranium Corp. The stay was to ensure historic and cultural sites in the Black Hills aren't damaged by work at Powertech's proposed Dewey-Burdock mine near Edgemont.
JUNEAU, Alaska (AP) — A group seeking to develop a massive gold-and-copper prospect near the headwaters of a world-premier salmon fishery in Alaska is suing the U.S. Environmental Protection Agency for taking steps that could result in development being restricted or prohibited.
The Pebble Limited Partnership alleges in its lawsuit that the EPA exceeded its authority when it initiated the rarely used process under the Clean Water Act after concluding that large-scale mining in the Bristol Bay watershed posed significant risks to salmon. Pebble fears the agency will kill the project before mine plans are finalized or it's evaluated through the permitting process.
SIOUX FALLS, S.D. (AP) — A company proposing a uranium mine near Edgemont needs better studies to ensure that its operations won't hurt cultural and historic sites in the Black Hills, an attorney representing the Oglala Sioux Tribe said Tuesday.
Three administrative judges of the federal Atomic Safety and Licensing Board listened to telephone arguments on its April decision to put a temporary hold on the U.S. Nuclear Regulatory Commission operating license for Powertech Uranium Corp.
ARLINGTON, Va. (AP) — The U.S. Mine Safety and Health Administration is reporting that eight miners died in mine accidents in the first three months of 2014, three in coal mining accidents and the rest in metal and other mines.
Joseph Main, the assistant secretary of labor for mine safety and health, says they've seen a spike in deaths thus far in the second quarter, primarily in metal and other non-coal mining.
Since October, there have been 19 mining fatalities.
It’s expected that the Pebble Partnership will make a formal response Tuesday to the Environmental Protection Agency’s decision to use the Clean Water Act to hold up the permitting process for the copper and gold mine, The Hill reports.
PIERRE, S.D. (AP) — The Oglala Sioux Tribe in southwestern South Dakota is invoking federal treaties and international agreements in protest of a proposed uranium mine in the western part of the state.
Tribal president Bryan Brewer is demanding protection from the federal government from "immediate threat of contamination and irreparable harm."
RIDDLE, Ore. (AP) — U.S. Rep. Peter DeFazio on Thursday toured an abandoned copper mine in southwestern Oregon that is on the Superfund list of major pollution sites as he prepares to file legislation to overhaul the nation's primary mining law.
DeFazio, D-Ore., said the Formosa Mine, which is on federal and private land outside Riddle, illustrates what is wrong about the 1872 Mining Act: The Canadian companies that reopened the mine in the 1990s have disappeared, the bond put up for cleanup was nowhere near enough to cover the true costs, and the federal government never got a penny in royalties.
Proposals to tighten safety standards for crude carried by rail were published in the Federal Register Friday by the Pipeline and Hazardous Materials Safety Administration, kicking off a period for public comment that will run for 60 days, The Hill reports.
Environmental groups have submitted a petition to the U.S. Court of Appeals for the District of Columbia Circuit, charging an Environmental Protection Agency rule that sets a new deadline for states to submit plans to reduce fine particle pollution violates the Clean Air Act and asking for a review, E&E reports.
With a glut in the Atlantic basin and weaker demand, crude oil Friday dropped to its lowest settlements in months in New York and London despite continued crises in the Middle East and Ukraine. U.S. benchmark crude for September delivery finished the week more than 4 percent lower, falling 29 cents to close at $97.88 a barrel on the Nymex, its lowest settlement since February, while Brent crude tumbled $1.18 to $104.84, Reuters reports.
Although Libyan ports and oilfields have been reopening, sending oil prices tumbling globally, analysts warn that the worst violence to wrack the country since its 2011 civil war shows little sign of abating and the oil industry there remains at risk, The Wall Street Journal reports.
The three West Coast governors, all Democrats -- Jerry Brown of California, Jay Inslee of Washington and John Kitzhaber of Oregon -- have sent a letter to Interior Secretary Sally Jewell, expressing their opposition to including any oil or gas lease sales from their area in her department’s updated plan for the Outer Continental Shelf, The Associated Press reports.
Opening up more areas to offshore drilling -- including parts of the Pacific -- would generate around $160 billion over a period of less than 20 years, according to more than 160 Republican Congressmen who sent a letter to Interior Secretary Sally Jewell about her department’s updated plan for the Outer Continental Shelf, The Hill reports.
The latest round of sanctions against Russia over its policy in Ukraine, which would require permits for exporting oil technology to Moscow, poses a problem for Exxon Mobil, which has plans to drill for oil in partnership with state-owned Rosneft in the Arctic and elsewhere, National Journal reports.
The cost of battery technology will have to come down by more than half, but Tesla Motors chief Elon Musk – speaking to investors during a week when he announced partnership with Panasonic to build a battery gigafactory -- is confident that will happen and electric vehicles will achieve price parity with those running on gasoline within 10 years, E&E reports.
Kinder Morgan affiliate El Paso Natural Gas Co. has already begun engineering work on $529 million worth of upgrades to its pipeline system in the Southwest which will enable it to deliver promised natural gas to Mexico, agreed in a 21-year deal signed with the country’s electricity commission, FuelFix reports.
The BNSF Railway is some 811,000 short tons behind on coal deliveries to the Sherco power plant northwest of Minneapolis, Xcel Energy has told the Surface Transportation Board, warning that if the plant runs out of coal it will stop producing electricity, Platts reports.