RUSTENBURG, South Africa (AP) — Tens of thousands of platinum miners in South Africa went on strike Thursday, demanding higher wages in a protest that is disrupting one of the country's major industries.
Protesters from the Association of Mineworkers and Construction Union sang and danced outside one mine shaft in Rustenburg, the center of major platinum operations. Some wore hard hats, and one donned a zebra mask.
South Africa is the world's leading producer of the metal, which is used in medical, electronic and other industries.
Major global mining companies have cut their investment budgets for the second year in a row, and China's relentless demand looks set to continue, which could herald price increases in precious metals, Bloomberg reports.
JUNEAU, Alaska (AP) — A U.S. government report indicates a large-scale copper and gold mine in Alaska's Bristol Bay region could have devastating effects on the world's largest sockeye salmon fishery and adversely affect Alaska Natives, whose culture is built around salmon.
The U.S. Environmental Protection Agency on Wednesday released its final assessment of the impact of mining in the Bristol Bay region. Its findings are similar to those of an earlier draft report, concluding that, depending on the size of the mine, up to 94 miles of streams would be destroyed in the mere build-out of the project, including losses of between 5 and 22 miles of streams known to provide salmon spawning and rearing habitat.
Up to 5,350 acres of wetlands, ponds and lakes also would be lost due to the mine footprint.
ANCHORAGE, Alaska (AP) — London-based mining giant Rio Tinto announced Monday it plans to conduct a review of the Pebble Mine prospect in southwest Alaska, including whether to cut its ties with the proposed project.
The Defense Department said in a new report that its reliance on China for rare earths necessary for military manufacturing has fallen in the past few years as new markets have opened, Reuters reports.
ST. LOUIS (AP) — A federal bankruptcy court has approved Patriot Coal's reorganization plan, clearing the way for it to emerge from 17 months of bankruptcy, the St. Louis-based company said Tuesday as it finished wrapping up its exit financing.
RICHMOND, Va. (AP) — A company is suspending its campaign to mine one of the world's largest known deposits of uranium ore in Virginia, concluding that Gov.-elect Terry McAuliffe's opposition presents a significant challenge over the next four years.
Moves by the Commerce Department to allow Pioneer Natural Resources Ltd. and Enterprise Products Partners LP to export lightly processed crude known as condensate are being “held without action,” sources told Reuters, which says the delay may give the agency more time to put together comprehensive guidelines.
Concerns about the shutdown of the Coffeyville refinery in Kansas after a fire pressured U.S. crude prices, benchmark WTI for September delivery dropped 70 cents to $100.97 while in London Brent crude gained on the announcement of fresh Russia sanctions, up 15 cents to $107.72, Bloomberg reports.
As violence in Libya worsens, shelling between rival militias at Tripoli airport has seen a third fuel storage tank set on fire, while the U.S. has already evacuated its embassy staff, Bloomberg reports.
Commerce Department moves to increase duties on many solar panels coming from China and Taiwan could hurt the industry in the U.S., according to warnings from Canadian companies Canadian Solar Inc. and Trina Solar Ltd., The Wall Street Journal reports.
At least six members of the Secretary of Energy Advisory Board, which makes policy recommendations to Energy Secretary Ernest Moniz, have had their financial conflicts of interest waived by the Department so that they can serve, according to documents obtained by E&E through the Freedom of Information Act.
American Electric Power Co.'s failure to reach its 2008 sales figures in the years since is an example of how utilities will have to rethink their traditional assumptions that demand for electricity will increase in the future, The Wall Street Journal reports.
Demand for drilling and production equipment is up at National Oilwell Varco and is likely to stay that way, according to chief Clay Williams, as the company reported a 17 percent gain in profit in the second quarter compared to a year earlier, FuelFix reports.
Canada’s Talisman Energy refused comment on details of its negotiations with Spanish oil giant Repsol, even as the company reported a second quarter loss of $237 million on lower gas prices and higher royalty payments, Reuters reports.
Senate Budget Committee chair Sen. Patty Murray, D-Wash., said Tuesday that long term budgets don’t reflect climate change costs, while Sens. Ron Johnson, R-Wisc., and Angus King, I-Me., debated over the impact of carbon emissions on climate change, The Hill reports.