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Tag Archives: mining

AP FACT CHECK: Trump claims Clinton wants to end mining jobs

coal miner, coal mine

WASHINGTON (AP) — A claim from the second presidential debate and how it stacks up with the facts: DONALD TRUMP: “Hillary Clinton wants to put all the miners out of business … The (Environmental Protection Agency) is putting our energy companies out of business.” THE FACTS: Coal companies have been battered by the rise of natural gas production more than ...

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US stocks bounce back as mining and consumer companies rise

stocks

NEW YORK (AP) — U.S. stocks are rising Wednesday morning after a four-day losing streak. Mining companies and consumer stocks are making some of the largest gains. Energy companies are falling as the price of oil continues to slide. KEEPING SCORE: The Dow Jones industrial average rose 53 points, or 0.3 percent, to 17,728 as of 9:52 a.m. Eastern time. ...

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US stocks retreat as banks, energy companies fall

stocks

NEW YORK (AP) — U.S. stocks are falling Thursday morning and returning some of their recent gains. Banks are skidding on the prospect of a drop in interest rates. Energy companies are slipping with the price of oil and metals companies are also down. KEEPING SCORE: The Dow Jones industrial average slid 53 points, or 0.3 percent, to 17,951 as ...

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Labor regulators aim to finish difficult dust rule

Dust in the workplace — affecting the construction, mining and oil and gas industries — has proven a tough issue to regulate, with a battle over updating federal standards dragging on more than 40 years and vexing eight presidential administrations. But a final rule could come as soon as February, one that would cut the allowable exposure of crystalline silica, ...

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Commodities slump tests Montana’s largest mining company

NYE, Mont. — More than 1,500 feet underground beneath the jagged peaks of the Beartooth Mountains, the man in charge of the only platinum and palladium mines in the U.S. is digging in against the worldwide slump in commodities. As global prices have fallen in recent months for goods ranging from gold and copper to oil and coal, Stillwater Mining ...

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Alpha Resources subsidiaries are going into idle mode

coal mine

On January 30th, Alpha Resources announced in a press release that two of its subsidiaries will be going into idle mode at certain West Virginia coal mines due to weak market conditions and federal government regulations that have tested the Central Appalachian mining industry. Following the rules set by the Worker Adjustment and Retraining Notification (WARN) Act, the company has ...

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European stocks knocked lower by commodity slump

PARIS, Dec 1 – European shares fell on Monday, led lower by oil and mining stocks, as weak Chinese and euro zone economic data fueled a rout in the commodities market. Shares in UK telecom group Vodafone sank 4.4 percent on talk it would bid for cable operator Liberty Global . Sources said Vodafone is reviewing potential acquisitions, including Liberty ...

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Supreme Court takes up Montana coal tax dispute

BILLINGS, Mont. — Montana tax authorities will appear before the state Supreme Court Tuesday to argue a Wyoming mining company owes $3.4 million for selling coal to an affiliate at less than market value. State officials says Cloud Peak Energy of Gillette, Wyo., undervalued coal it sold between 2005 and 2007 and paid too little in taxes as a result. ...

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Kentucky approves new coal-permit rules to protect water, but environmentalists file suit

coal

Bill Estep | Lexington Herald-Leader The state this week finalized new rules on coal-mining permits that include upgraded water-quality standards. Several environmental groups argue the rules aren’t strong enough, however, and are suing over one key provision. The standards are in what is called the general permit for coal. The rules govern discharges of water from mines and coal-processing facilities ...

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