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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.
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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.
NATIONAL
November 24, 2005 | From Associated Press
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.
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."
CALIFORNIA | LOCAL
April 25, 2001 | CAROL CHAMBERS, TIMES STAFF WRITER
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.
BUSINESS
June 25, 2001 | From Reuters
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 | CAROL CHAMBERS
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.
CALIFORNIA | LOCAL
November 12, 2003 | Wendy Thermos, Times Staff Writer
A battle over a massive quarry expansion sought near Santa Clarita took a new turn Tuesday when Rep. Howard P. "Buck" McKeon announced he will ask Congress to cap the mine's activity at roughly its current level. The Santa Clarita Republican said a bill he plans to introduce next week is a compromise version of at least two legislative attempts by him since 1999 that sought to ban mining in Soledad Canyon because of widespread opposition to truck traffic and air pollution.
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