Mining

Rockefeller re-introduces comprehensive mine safety package

Source: 
The State Journal
Sen. Jay Rockefeller, D-W.Va., introduced a large package of mine safety measures in a third attempt at passing such legislation since 2010, The State Journal reports.

EPA blamed for delaying asbestos study in Montana

BILLINGS, Mont. (AP) — Internal investigators have faulted the Environmental Protection Agency over years of delays in completing health studies needed to guide the cleanup of a Montana mining town where hundreds of people have died from asbestos exposure.

Coal miner Peabody 1Q earnings slide

ST. LOUIS (AP) — Coal miner Peabody Energy Corp. says its profit slid in the first three months of the year on lower U.S. shipments and prices for its Australian coal. But the results still beat Wall Street's expectations.

New Zealand company convicted in deadly mine blast

WELLINGTON, New Zealand (AP) — A New Zealand judge has convicted a coal mining company of nine health and safety violations over a 2010 explosion that killed 29 miners.

Greenland leader worries about life after mining

COPENHAGEN, Denmark (AP) — Greenland's government wants to make sure the sparsely populated Arctic island doesn't get "ripped off" by foreign companies seeking to exploit its natural resources, the new premier said Wednesday.

Cars, utilities lift US industrial output in March

WASHINGTON (AP) — U.S. industrial output rose in March as cold weather kept utilities busy generating heat and a surge in auto production helped offset broader weakness in manufacturing.

Oil

Stock market takes biggest drop this year

NEW YORK (AP) — A steep fall in commodity prices led the stock market to its worst day this year on Monday, as worries about the global economy resurfaced.

Barrick Gold suffers setbacks in Latin American mining

SANTIAGO, Chile (AP) — A Chilean court's halt to construction of Barrick Gold Corp.'s $8 billion, border-straddling mine on the high spine of the Andes is only the latest setback in Latin America for the world's largest gold miner.

Barrick also faces growing environmental resistance in Argentina, which shares the Pascua-Lama mine project, and the Dominican Republic's government is insisting on rewriting the royalty contract for its $4 billion Pueblo Viejo mine.

Amid investigation, coal exports at record levels

DECKER, Mont. (AP) — From the time coal is scooped from the depths of the Spring Creek strip mine in Montana's wide-open Powder River Basin until it travels more than 6,000 miles across the Pacific Ocean to power plants in South Korea, the price can increase more than fivefold.

Low coal demand halts work on Wyoming mining project

Source: 
Caser Star-Tribune
A poor market demand for coal prompted Haystack Coal Co. to halt work on a new mining project in Evanston, Wyo., the Casper Star-Tribune reports.

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