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Mining Industry

December 11, 2007 | Jane Danowitz, Jane Danowitz directs the Pew Charitable Trusts' Campaign for Responsible Mining.
Gifts of jewelry -- particularly gold -- are a perennial favorite on Santa's list. And with the metal's price hovering near $800 an ounce, the tiniest golden bauble, bangle or bead will be a coveted commodity. But even if you don't elect to splurge on this luxury, it will still cost you plenty because mining companies from around the world can take gold from U.S. lands basically for free, leaving taxpayers with nothing but the cost of cleaning up the damage that mining leaves behind.
It was an old alchemist's trick, dripping deadly cyanide onto a piece of rock to burn out its hidden stores of gold. Two decades ago, Pegasus Gold Inc. turned ancient art into modern riches, building a network of cyanide mines in the Little Rocky Mountains and transforming 38,000 tons a day of some of the lowest-grade ore in the world into Montana's biggest gold mine. After hauling 46 tons of gold out of the barren hills, Pegasus Gold Inc.
July 15, 1986 | From Times Wire Services
U.S. industrial production sank 0.5% in June while retail sales advanced only 0.2%, the government said today in separate reports providing further evidence of how weak the economy has become. The decline in industrial production was the fourth in the last five months, Federal Reserve Board said. It followed a 0.4% drop in May and left industrial output 2.1% below where it was in January.
June 20, 2011 | By Neela Banerjee, Washington Bureau
The Obama administration said it intended to place a 20-year ban on new mining claims on 1 million acres of land bordering the Grand Canyon, moving to protect an area that is a crucial water supply to the Southwest and where uranium mining claims have jumped 2,000% over the last seven years. The ban would extend a two-year moratorium established in 2009 but set to expire July 20. Interior Secretary Ken Salazar said Monday that the agency would extend it until December to allow time to complete the steps needed to enact the 20-year ban. Mines currently operating would be able to continue working.
June 2, 2011 | By David Pierson, Los Angeles Times
Wang Wenlin and his family have eked out a living for decades farming and herding sheep and cattle on the vast, unforgiving Inner Mongolian steppes. But the opening three years ago of a nearby colliery and railway line to transport coal across his grazing land has squeezed Wang's livelihood. "My animals only have so much land to graze," said Wang, who earns about $9,000 a year. "In the winter, I'm cut off from the closest city. When it's windy, we get covered in coal dust because it's an open mine.
This isolated and rocky section of desert in the Imperial Valley is suddenly center stage in a national political fight over the Bush administration's effort to make it easier for mining companies to operate on federal land. In rules published Tuesday in the Federal Register, Interior Secretary Gale Norton said she is rolling back environmental restrictions placed on mining by the Clinton administration. Environmental groups are threatening to sue.
July 13, 1987 | From Times Wire Services
Major labor unrest was feared Sunday in South Africa after union officials said that 80,000 metalworkers had voted overwhelmingly in favor of a strike. Walkouts by coal and gold miners were also possible. A strike by the 200,000 mine workers would be by far the most serious for South Africa's economy. These miners work in 27 gold pits and 18 collieries and make up nearly half the miners in South Africa, and the mines provide more than half of the country's export earnings.
A federal judge on Wednesday ordered the U.S. government to stop permitting coal companies to put tons of dirt and rock from their mountaintop mining operations into streams and valleys, a practice that has permanently changed the topography of Appalachia. The ruling, which prohibits the Army Corps of Engineers from issuing new permits for piling leftover dirt and rock into streams, could greatly reduce mountaintop removal mining.
December 18, 1990 | DANIEL AKST
Welfare saps initiative, right? Generation after generation, it creates a culture of dependence. Sure. Doubters need only look to the minerals mining industry, a business so addicted to government handouts that it apparently can barely lift a shovel without taxpayer help. California is having a second great gold rush. It's a leader in boron and gypsum too, producing $3 billion a year in non-fuel minerals overall and ranking second only to Arizona.
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