October 18, 2008 |
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.
October 23, 1990 |
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.
August 9, 2003 |
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.
October 25, 2001 |
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.
November 24, 2005 |
A federal appeals court on Wednesday reinstated streamlined permitting for mountaintop-removal coal mines in West Virginia. U.S. District Judge Joseph Goodwin last year revoked 11 permits issued by the U.S. Army Corps of Engineers under the Nationwide Permit 21 process, which is intended for activities that cause no more than minimal environmental damage. A three-judge panel of the U.S.
January 4, 1989 |
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.
January 27, 2006 |
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."
CALIFORNIA | LOCAL
April 25, 2001 |
After an outpouring of opposition from residents and city officials, the county Board of Supervisors on Tuesday rejected a proposal to mine 56 million tons of sand and gravel in Soledad Canyon. Citing the project's size and its effect on the environment, the board voted 4 to 0 with Supervisor Gloria Molina absent to deny the project proposed by Transit Mixed Concrete Co., upholding a 1999 decision by the county Regional Planning Commission.
June 25, 2001 |
Canadian mining company Falconbridge Ltd., which is seeking to develop new nickel mines in New Caledonia and Indonesia, said on Sunday that demand for nickel remains weak. Falconbridge has signed a tentative agreement with Australia's BHP Ltd. for a 37.5% interest in the undeveloped Gag Island deposit in Indonesia.
CALIFORNIA | LOCAL
October 10, 2000 |
City leaders plan to fire another volley Wednesday in opposition to the proposed Transit Mixed Concrete Co. mining pit in Soledad Canyon by hosting a community rally. Officials from nearby Agua Dulce and Acton, along with residents from the three communities, are expected to attend, city officials said. The 460-acre Transit Mixed site lies southeast of the Antelope Valley Freeway about two miles outside the Santa Clarita city limits.