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Mining Industry

NEWS
November 17, 1998 | KIM MURPHY, TIMES STAFF WRITER
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.
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NEWS
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.
NATIONAL
October 11, 2003 | Elizabeth Shogren, Times Staff Writer
The Bush administration announced Friday that it would start allowing companies that mine gold, silver and other precious metals as much public land as they need to help them develop their claims. The decision, a reinterpretation of the 1872 Mining Law, came in response to pressure from the mining industry and members of Congress in big mining states.
NEWS
June 21, 2011 | By Neela Banerjee, Washington Bureau
WASHINGTON — The Obama administration announced Monday that it intends to place a 20-year ban on mining 1 million acres of land bordering the Grand Canyon, an area where uranium mining claims have spiked 2,000% in the last seven years. The ban would strengthen a moratorium on new mining claims and activity, which the administration placed on Grand Canyon border lands two years ago in response to the jump in uranium stakes. Interior Department officials said the agency initially would extend the current moratorium another six months, until December, in order to complete the steps necessary to establish the 20-year ban. Mines currently in operation would not be affected.
CALIFORNIA | LOCAL
October 31, 2001 | TONY PERRY, TIMES STAFF WRITER
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.
NEWS
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.
NATIONAL
August 16, 2009 | Kim Murphy
The controversial Kensington gold mine in southeast Alaska has won an important go-ahead from the U.S. Army Corps of Engineers, which approved an amended permit that will allow the mine to dump millions of tons of waste into a nearby lake. The project has been the subject of a national environmental fight over whether navigable lakes and rivers can be used as repositories for toxic mine tailings. The Corps last week announced it was extending Coeur Alaska's permit until 2014 and reiterated that the company could construct a tailings storage facility in Lower Slate Lake, below the mine.
NATIONAL
May 9, 2002 | ELIZABETH SHOGREN, TIMES STAFF WRITER
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.
BUSINESS
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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