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Keyword: minerals

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  • Alaska Gold and Copper Mine Project Moves Forward, Despite Environmentalist Objections

    07/26/2020 4:02:30 PM PDT · by KC_Lion · 8 replies
    Breitbart ^ | 26 July 2020 | Penny Starr
    The U.S. Army Corps of Engineers released its final environmental impact statement on Friday which found gold and copper mining in Alaska “would not be expected to have a measurable effect on fish numbers.” That clears the final hurdle for the Corps to issue a permit this year to Northern Dynasty Minerals Ltd., the Canadian company that has proposed the mining operation in the state. Environmentalists oppose the project and the Obama administration did what it could to keep the Alaskan wilderness off limits to energy production. “In a scientific review conducted under the Obama administration, the U.S. Environmental Protection...
  • Interior Dept unplugged from the Net

    03/17/2004 7:34:00 AM PST · by glorgau · 5 replies · 139+ views
    CNNMoney ^ | March 16, 2004: 2:46 PM EST | Staff
    <p>WASHINGTON (Reuters) - Wide swaths of the Interior Department were taken off the Internet again Tuesday after a federal judge concluded that the agency still has not fixed security holes that threaten payments owed to American Indians.</p> <p>It was the third such shutdown for the Interior Department since 2001, when an investigator found that hackers could easily steal money from a system that allocates energy and mineral royalties to 300,000 Indians for use of their land.</p>
  • Want to Mine the Moon? Here’s a Detailed Map of all its Minerals

    05/05/2020 1:19:24 PM PDT · by LibWhacker · 47 replies
    Universe Today ^ | 5/4/20 | Matt Williams
    Posted on May 4, 2020May 4, 2020 by Matt Williams Want to Mine the Moon? Here’s a Detailed Map of all its Minerals The prospect of mining asteroids and the Moon is on a lot of peoples’ minds lately. Maybe it’s all the growth that’s happened in the commercial aerospace industry in the past few decades. Or perhaps it’s because of Trump’s recent executive order to allow for asteroid and lunar mining. Either way, there is no shortage of entrepreneurs and futurists who can’t wait to start prospecting and harvest the natural bounty of space!Coincidentally enough, future lunar miners...
  • World-famous mine is a hidden geological marvel aglow with surreal display of fluorescence

    02/23/2020 4:25:42 PM PST · by Coleus · 11 replies
    Jersey's Best ^ | 02.03.20 | Hunter Hulbert
    History and geology come together at this spectacular destination in Sussex County, showcasing one of nature’s best-kept secrets in the most amazing way. Photo by Michael Kucinski Mining takes on a whole new meaning in the tiny town of Ogdensburg — just a stone’s throw from the “Fluorescent Mineral Capital of the World” in Franklin — where one museum houses more than enough evidence to back up the lofty title. Upon descent into the Earth’s depths in rural Sussex County, an underground world concealed from the masses comes to light, its marvelous features a true hidden gem. Wandering through...
  • Chinese copper traders declare force majeure

    02/07/2020 6:20:45 AM PST · by texas booster · 29 replies
    DNYUZ ^ | February 7, 2020 | Staff
    Copper traders in China, the world’s largest buyer of the metal, have asked miners from Chile to Nigeria to cancel or delay shipments as the deadly coronavirus outbreak hits demand. Multiple Chinese copper buyers said they had scrapped or postponed overseas orders by declaring force majeure since the end of January, when Beijing began to report a surge in coronavirus infections. Copper, a barometer for the health of the global economy, is the latest commodity to fall victim to the epidemic. China’s efforts to contain the virus, ranging from restricting highway traffic to extending the lunar new year holiday, have...
  • Sheridan woman named one of Forbes ’30 Under 30’ [ Colorado and Wyoming ]

    12/30/2019 9:31:15 AM PST · by george76 · 22 replies
    The Sheridan Press ^ | Dec 14, 2019 | Allayana Darrow
    Whitney Wickes, who recently moved her Rocking WW Minerals company from Colorado to Sheridan, has been named one of Forbes Magazine's list of top "30 Under 30" entrepreneurs. There is a “healthy” number of people focused on renewable energy in the U.S., but few who are dedicated to improving sustainability on the fossil fuel side, Whitney Wickes said. Wickes, Rocking WW Minerals co-founder and recent Sheridan transplant, was named to Forbes 30 under 30 top entrepreneurs for 2020 in the energy sector this month. Wickes was contacted as one of 20,000 nominees throughout 16 industries in October and asked to...
  • How Ukrainian Oligarchs Secretly Became the Largest Real Estate Owners in Downtown Cleveland

    12/24/2019 4:05:36 AM PST · by Pontiac · 20 replies
    SCENE ^ | Jun 11, 2019 | Sam Allard
    In an explosive legal complaint filed last month in Delaware, attorneys for a major Ukrainian bank alleged that two oligarchs who founded the bank and controlled it from 2006 to 2016 laundered hundreds of millions of dollars in fraudulent corporate loans to purchase assets in the United States and unjustly enrich themselves and their associates. Dubbed the "Optima Schemes" in the 104-page document, these "brazen fraudulent schemes" were successful, among other things, in making the oligarchs and their co-defendants the largest commercial real estate holders in Cleveland. With money siphoned from public bonds and 20 million private Ukrainian citizens who'd...
  • Renewable Energy Will Only Be Possible With Massive Increases in the Supply of Critical Minerals

    09/17/2019 8:22:35 AM PDT · by SeekAndFind · 24 replies
    Townhall ^ | 09/17/2019 | Stephen Moore
    The recent threats by Beijing to cut off American access to critical mineral imports has many Americans wondering why our politicians have allowed the United States to become so overly dependent on China for these valued resources in the first place. Today, the United States is 90% dependent on China and Russia for many vital "rare earth minerals." The main reason for our overreliance on nations like China for these minerals is not that we are running out of these resources here at home. The U.S. Mining Association estimates that we have at least $5 trillion of recoverable mineral resources....
  • Why does Trump want to buy Greenland? A mineral perspective

    09/04/2019 2:31:48 AM PDT · by 2ndDivisionVet · 26 replies
    Mining Technology ^ | September 3, 2019 | Umar Ali
    It was recently reported that US President Donald Trump wants to buy Greenland, but what would he actually be getting for his money? Umar Ali takes a look at Greenland’s mineral resources, whether they are worth mining, and why the US could want them. The Kvanefjeld project Greenland currently only has one major mining project, the Kvanefjeld rare earth project launched in 2007. The project is centred on the Ilimaussaq alkaline complex in southwest Greenland, measuring approximately 8km x 15km, it is being developed by Australian company Greenland Minerals. The Kvanefjeld project is thought to be one of the world’s...
  • Rare Earth Minerals and Thorium: A solution to several pressing technical and political problems.

    06/03/2019 9:02:48 AM PDT · by SeekAndFind · 29 replies
    American Thinker ^ | 06/03/2019 | Mac MacDowell
    There seems to be a similarity between international trade disputes and Texas Hold’em. There is always a certain amount of bluff that is part of the negotiations. The question is, how much is a bluff and how much is not. The Peoples Republic of China (PRC) has just revealed that they are going to use their stake in rare earth minerals production as their show card. Make no mistake -- the communist government is not bluffing. However, one good card does not make a winning hand. To understand the problem, we first must understand where rare earth mineral deposits are...
  • China Threatens To Cut Rare Earths Supplies To The U.S. -- Bad Idea

    05/20/2019 10:30:55 AM PDT · by SeekAndFind · 122 replies
    Forbes ^ | 05/20/2019 | Panos Mourdoukoutas
    China is threatening to take the trade war to the next stage: cut off rare earth metal supplies to US technology and defense industries. That’s according to a couple of Globaltimes editorials.” US faces squeeze on rare earths,” says one editorial. “US need for rare earths an ace on Beijing’s hand,” goes another. “Without a reliable domestic supply, the US must rely on rare earths from China to supply industries of strategic importance,” acknowledges Hu Weijia, author of the second editorial. “Rare earths are vital to many modern technologies and a wide array of weapon systems used by the US...
  • Fight over dinosaur fossils comes down to what’s a mineral

    11/16/2018 2:04:02 PM PST · by Olog-hai · 22 replies
    Associated Press ^ | November 16, 2018 | Amy Beth Hanson
    About 66 million years after two dinosaurs died apparently locked in battle on the plains of modern-day Montana, an unusual fight over who owns the entangled fossils has become a multimillion-dollar issue that hinges on the legal definition of “mineral.” The 9th U.S. Circuit Court of Appeals ruled last week that the “Dueling Dinosaurs” located on private land are minerals both scientifically and under mineral rights laws. The fossils belong both to the owners of the property where they were found and two brothers who kept two-thirds of the mineral rights to the land once owned by their father, a...
  • North Korea and ‘The Commons’: Blank slate for a new kind of nation?

    10/24/2018 12:55:05 PM PDT · by 2ndDivisionVet · 4 replies
    Asia Times ^ | October 24, 2018 | Emanuel Pastreich
    Could an emergent North Korea provide the world with a new, from-scratch benchmark of sustainable, collaborative economic and social development? With geopolitical change and emerging technologies, the idea of a national “commons” now looks increasingly feasible. Relations between North and South Korea are changing so rapidly, the pressing question is no longer what the next step in this process of reconciliation will be, but rather where the peninsula is heading in the political, economic and cultural senses. A door is opening for the institutional transformation of the “Hermit Kingdom” with new concepts and technologies. The implementation of new approaches to...
  • China to cut import tariffs on wide range of products

    09/30/2018 2:56:29 PM PDT · by JME_FAN · 50 replies
    Reuters ^ | SEPTEMBER 30, 2018 | Reuters
    BEIJING (Reuters) - China will cut import tariffs on textile products and metals, including steel products, to 8.4 percent from 11.5 percent, effective Nov. 1, the finance ministry said on Sunday.
  • Why North Korea Is An Untapped Goldmine For Tech Companies, And For China

    07/30/2018 9:49:28 PM PDT · by 2ndDivisionVet · 13 replies
    Forbes ^ | July 14, 2018 | Luke Kelly
    It was revealed recently that North Korea is sitting on approximately $6 trillion worth of natural resources, which the country lacks the technology or expertise to extract. The impoverished nation is quite literally sitting on a goldmine, a significant portion of which is made up of rare earth metals. Rare earth metals are not - as you would expect - exceptionally rare, but are generally found in small trace quantities underground. What is rare is to find them in high concentrations, which is exactly what experts believe is present beneath the soil of North Korea. Not only are these resources...
  • North Korea may be sitting on a $6 trillion resources stockpile

    07/13/2018 12:06:44 PM PDT · by 2ndDivisionVet · 19 replies
    Business Insider ^ | July 13, 2018 | Sam Jacobs
    Recent negotiations between North Korea's Kim Jong Un and US President Donald Trump have provided a glimmer of hope for the hermit kingdom's economic outlook. Markets are now watching to see whether the North Korean leader follows through with his pledge to denuclearise. The next step will be policy reforms, which will open North Korea's economy to foreign investors. Credit Suisse analyst Trang Thuy Le estimates North Korea could become a $100 billion economy within 10 years if it takes a path towards modernisation. Even it happens, a $100 billion economy still comprises just 0.1% of today's global GDP....
  • Is North Korea sitting on a pile of rare-earth minerals?

    07/03/2018 3:18:44 PM PDT · by 2ndDivisionVet · 28 replies
    Korea JoongAng Daily ^ | July 4, 2018
    The Korea Institute of Geoscience and Mineral Resources, a state-run research institute, held a symposium on June 14 where experts in geology and natural resources gathered to talk about how they could further their research on the natural resources in North Korea. The symposium took place amid growing interest from South Korea and abroad on the potential of the mineral deposits buried in the North. After the historic summit between South Korean President Moon Jae-in and North Korean leader Kim Jong-un in April, high-ranking officials from the two Koreas met multiple times over the past few months to discuss how...
  • Trump’s North Korea Play: a Ploy to Secure Vast Deposits of Rare Earth Elements?

    06/21/2018 1:45:07 PM PDT · by 2ndDivisionVet · 32 replies
    Mint Press News ^ | June 21, 2018 | Pepe Escobar
    It’s not far-fetched to consider ‘The Art of the Deal’ applied to North Korea’s allegedly vast rare earth resources. This may not be about condos on North Korean beaches after all. Arguably, the heart of the matter in the Trump administration’s embrace of Kim Jong-un has everything to do with one of the largest deposits of rare earth elements (REEs) in the world, located only 150 km northwest of Pyongyang and potentially worth billions of US dollars. All the implements of 21st century technology-driven everyday life rely on the chemical and physical properties of 17 precious elements on the periodic...
  • 15 surprising ways North Korea could become rich

    06/18/2018 6:27:15 PM PDT · by 2ndDivisionVet · 44 replies
    love money ^ | June 18, 2018
    Hard-up North Korea has so much to gain from denuclearising and becoming part of the civilised world. The hermit kingdom was actually wealthier than the now-affluent South before the Korean War, and is blessed with everything from abundant mineral resources and oil reserves to fertile agricultural land and stunning tourist-friendly beaches, as noted by President Trump. With this in mind, here are 15 industries that could make North Korea very rich indeed. Tourism During their historic summit in Singapore this month, President Trump showed Kim Jong-un a video extolling the virtues of tourism. “They have great beaches,” President Trump told...
  • Zinke moves to protect critical minerals from foreign threats.....

    Interior Secretary Ryan Zinke is listing 35 minerals used in aircraft, cellphones, and other important technologies as "vital" to national security in a move to wean the U.S. off foreign suppliers. The list includes such valuable metals as aluminum and titanium, as well as uranium, helium, lithium, platinum, potash, and strontium. The materials are used in aircraft and other aerospace technologies. Lithium is used in batteries to power a wide range of products from cellphones to electric cars. A final rule to be published Friday says the U.S. is "heavily reliant" on imports of the minerals. "This dependency of the...