Mining

House OKs measure to speed mineral mine permitting

Source: 
The Hill

Despite White House opposition, the GOP-led House has approved legislation that would set a 20-month deadline for permitting on mineral mines proposed for federal land, The Hill reports.

Key events leading up to massive Colorado mine waste spill

A U.S. Interior Department investigation released Thursday said the Environmental Protection Agency could have prevented a 3-million-gallon wastewater spill from a Colorado mine in August. The Bureau of Reclamation, which is part of Interior, provided this timeline of events concerning the cleanup of the long-inactive Gold King Mine in southwest Colorado:

EPA mine spill was preventable, points to broader problem

BILLINGS, Mont. (AP) — Investigators are blaming the U.S. Environmental Protection Agency for a 3 million-gallon wastewater spill from a Colorado gold mine, saying an agency cleanup crew rushed its work, failed to consider the complex engineering involved and ended up triggering the very blowout it hoped to avoid.

Members of Congress seized on the results of the two-month Interior Department investigation to slam EPA's handling of a spill that fouled rivers in three states.

Interior finds EPA caused mine spill it hoped to avoid

BILLINGS, Mont. (AP) — Government investigators squarely blamed the U.S. Environmental Protection Agency Thursday for a 3 million gallon wastewater spill from a Colorado gold mine, saying an EPA cleanup crew rushed its work and failed to consider the complex engineering involved, triggering the very blowout it hoped to avoid.

The spill that fouled rivers in three states would have been avoided had the EPA team checked on water levels inside the Gold King Mine before digging into a collapsed and leaking mine entrance, Interior Department investigators concluded.

Caterpillar weighed down by slowing global economic growth

PEORIA, Ill. (AP) — Caterpillar was stung by ongoing weakness in the mining and oil and gas industries during the third quarter and revenue fell short of expectations.

The construction and mining equipment maker lowered its full-year earnings forecast with expectations that the costs of restructuring the company will rise sharply.

Alexa Rogals/The Associated Press

EPA mine spill could have been prevented, Interior concludes

BILLINGS, Mont. (AP) — Government investigators squarely blamed the U.S. Environmental Protection Agency Thursday for a 3 million gallon wastewater spill from a Colorado gold mine, saying an EPA cleanup crew rushed its work and failed to consider the complex engineering involved, triggering the very blowout it hoped to avoid.

The spill that fouled rivers in three states would have been avoided had the EPA team checked on water levels inside the Gold King Mine before digging into its entrance, Interior Department investigators concluded.

Global Witness: How 4 African countries lost $4 billion

LAGOS, Nigeria (AP) — A watchdog group says four African countries lost more than $4 billion in shady oil and mining deals and calls for the Extractive Industries Transparency Initiative to police the hidden ownership of companies used for such corruption.

Global Witness details contracts in Nigeria, Angola, Republic of Congo and the Democratic Republic of Congo and "lays bare how anonymous companies facilitate the loss of national wealth on an epic scale."

Environmental Protection Agency

House Republicans to probe EPA moves on Pebble Mine after report

The chairman of the House Science, Space and Technology Committee is pressing the Environmental Protection Agency for information, after a report concluded the agency gave environmentalists improper favor when it proposed restrictions on a potential gold and copper mining project in Bristol Bay.

In a Wednesday letter to EPA Administrator Gina McCarthy, Rep. Lamar Smith, R-Texas, said the report, conducted by Clinton administration Defense Secretary William Cohen for the mining group Pebble Partnership, raised serious concerns about the transparency of the agency's action.

Smith also announced that the committee would hold a Nov. 5 hearing on the EPA’s handling of the project, with Cohen set to testify.

Glencore puts copper mines in Australia, Chile on sale

BERLIN (AP) — Commodities group Glencore is putting two copper mines, in Australia and Chile, on sale.

The company said Monday it is initiating the sale process for the Cobar mine in Australia and the Lomas Bayas mine in Chile in response to "a number of unsolicited expressions of interest for these mines from various potential buyers."

Glencore chief trying to shore up faltering miner

Source: 
The Wall Street Journal

Glencore CEO Ivan Glasenberg has been pressing hard to restore confidence in the debt-ridden mining giant that has lost 83 percent of its value since going public four years ago, The Wall Street Journal reports.

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