Mining

Feds seek to renew delay in Massey investors' case

MORGANTOWN, W.Va. (AP) — Federal prosecutors want to further delay their involvement in a long-lingering civil lawsuit filed by former Massey Energy shareholders who say the coal company lied about its safety record to inflate stock prices.

More than 130 nations begin mercury treaty talks

GENEVA (AP) — Delegates from more than 130 nations began a final round of negotiations on Sunday that are expected to lead to the creation of the first legally binding international treaty to reduce mercury emissions.

DOE grants Ames Lab $120M for rare earth shortage research

Source: 
Ames Tribune

The Ames Laboratory in Iowa was granted as much as $120 million from the Department of Energy to establish the Critical Materials Institute, a research center tasked with developing solutions to rare earth shortages, the Ames Tribune reports.

Barrick no longer in talks to sell African gold assets

TORONTO (AP) — Barrick Gold Corp. is no longer in discussions with China National Gold regarding its holding in African Barrick Gold plc.

Coal mine collapse and blast kills 8 in Iran

TEHRAN, Iran (AP) — Iran's official news agency says a collapse and explosion in a coal mine has killed eight workers in the country's east.

Mining executive receives Russia's largest-ever severance payout

Source: 
The New York Times
The board of Russia's Norilsk Nickel mining company approved a plan to pay outgoing executive Vladimir Strzhalkovsky $100 million, the largest-ever severance payment in Russia's history, The New York Times reports.

California returns to gold mining after half-century hiatus

SUTTER CREEK, Calif. (AP) — The gold miners who made California famous were the rugged loners trying to shake nuggets loose from streams or hillsides. The ones who made the state rich were those who worked for big mining companies that blasted gold from an underground world of dust and darkness.

Inmet Mining to evaluate First Quantum $5.17B bid

TORONTO (AP) — Copper miner Inmet Mining Corp. said Monday that it has not yet received the unsolicited $5.17 billion takeover offer from First Quantum Minerals Ltd. announced over the weekend.

Court upholds conviction in W.Va. mine explosion

MORGANTOWN, W.Va. (AP) — A federal appeals court on Friday upheld the conviction of an ex-security chief who lied to investigators and ordered a subordinate to destroy documents after the 2010 explosion that killed 29 coal miners at West Virginia's Upper Big Branch mine.

Former Massey mine exec set to enter plea Jan. 16

BECKLEY, W.Va. (AP) — An ex-president of Massey Energy's White Buck Coal Co. will enter a plea on conspiracy charges in January.

Pages

Subscribe to Mining