Advertisement
YOU ARE HERE: LAT HomeCollectionsMining
IN THE NEWS

Mining

WORLD
December 23, 2004 | From Times Wire Reports
A U.S. mining company has admitted that it released tons of mercury into the air and water over a period of years at one of its Indonesian gold mines but denied that the releases had any health effects for people. Indonesian police have accused Newmont Mining Corp.'s local subsidiary, Newmont Minahasa Raya, of dumping heavy metals into Buyat Bay, causing residents to develop skin diseases and tumors.
Advertisement
WORLD
August 6, 2005 | From Times Wire Reports
Villagers in southern China clashed with a force of 800 police who raided the area to stop illegal mining that was polluting a river, a news report said. Police arrested 47 people Thursday in several villages along the He River in the southern region of Guangxi, the Guangxi Newsnet said on its website. The report said villagers responded by "beating, smashing and looting." No injuries or deaths were mentioned.
NEWS
December 14, 1995 | From Reuters
The House passed and sent to the Senate Wednesday a $12.2-billion natural resources bill that retains a one-year moratorium on mining leases on federal lands and permits logging in Alaska's Tongass National Forest. The Interior Department's funds are used to manage the national parks, arts agencies and museums, and federal lands. The bill cuts the National Endowments for the Arts and Humanities by nearly 40% from last year.
NATIONAL
October 18, 2008 | From Times Wire Reports
The Interior Department is poised to issue a final rule that would make it easier for mountaintop mining companies to dump waste near rivers and streams, the agency announced. The environmental impact statement overhauls a 1983 regulation protecting water quality that has been regularly flouted by mining companies. It marks the next-to-last step in a 4 1/2 -year battle over how companies should dispose of the rubble and slurry created when they blow the tops off mountains to get to the coal.
NEWS
October 23, 1990 | Associated Press
Spurred by protests from Western states, the Senate late Monday rejected a proposed one-year ban on selling federal land containing gold, silver and other hard-rock minerals to mining companies for as little as $2.50 an acre. The proposed temporary moratorium on issuing cheap titles to federal mining land was sponsored by Sen. Dale Bumpers (D-Ark.), who called the practice a flagrant giveaway of public land and "the biggest scam still going on in America." Western senators led by Sen.
NEWS
October 26, 2001 | From Times Wire Reports
Mining industry leaders cheered the Bush administration's repeal of Clinton-era regulations as a key step toward reversing declines in hard rock exploration and mine expansions in Nevada and the West. Conservationists said it reverses gains made in protecting the environment and guarding against mine pollution. They said they would file a lawsuit. Sen. Harry Reid (D-Nev.), said environmentalists have made unreasonable demands.
BUSINESS
August 9, 2003 | From Reuters
Seeking refuge from a shaky bond market and troubled dollar, investors are piling back into the gold sector, driving shares in pure-gold-play mining stocks Friday to their highest levels in more than six years. The American Stock Exchange "gold bugs" index -- comprising mining companies that sell gold only as it is mined, instead of preselling to lock in future prices with forwards and options -- surged 5% to its highest level since March 1997. Fourteen of the index's 15 stocks rose.
NEWS
October 25, 2001 | From Associated Press
The Department of the Interior will issue new mining regulations today that will reverse some Clinton-era provisions but keep a requirement that mining operators post bonds to guarantee they will clean up after themselves, senior department officials said.
BUSINESS
January 4, 1989 | From Reuters
British Petroleum Co. began 1989 with two major deals Tuesday, saying it agreed to sell its huge mineral interests to the international mining group RTZ Corp. and would buy back a large chunk of its own shares from Kuwait. BP, the world's third-largest oil company and Britain's biggest, said it would sell the mining operations, minus BP Canada Inc., to RTZ for $4.4 billion or 2.4 billion pounds.
NATIONAL
January 27, 2006 | From Times Wire Reports
Gov. Joe Manchin signed new mine safety rules into law, saying that the requirements for better communications, underground oxygen supplies and faster emergency responses would help prevent tragedies like the two that killed 14 miners this month. "We want to be the benchmark everyone looks to when they mine," Manchin said during the signing ceremony in Charleston, attended by some of the dead miners' relatives. "The sacrifice you all have made will change mining in this country."
Los Angeles Times Articles
|