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Keyword: mining

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  • Rescuers call off attempts to save man who fell 190ft into abandoned mine shaft

    03/05/2011 10:50:17 AM PST · by rellimpank · 68 replies
    Daily Mail--UK via Drudge ^ | 05 mar 2011 | Wil Longbottom
    Rescuers have called off attempts to save a man who fell into an abandoned mine shaft, despite video footage showing he was still breathing. The 28-year-old man fell 190ft into part of Murphy's Mine Complex in Jersey Valley, Nevada, on Wednesday. But the shaft was so unstable that parts of the walls were crumbling and rocks were hitting rescuers on the head, forcing teams to postpone the operation.
  • China holding rare-earth materials back from export

    02/05/2011 5:32:01 PM PST · by george76 · 28 replies
    European Business Press ^ | February 04, 2011 | Phil Ling
    According to the new report on the world linear and torque motor market by IMS Research, the biggest threat to the market is the continuity of supply of rare-earth magnets, as the latest reports show that the Chinese Government intends to cut export quotas of rare earth material by 35% for the first half of 2011. It is widely accepted that China produces 97% of the world's rare-earth material and so controls the world market for it... It poses several questions; how are direct-drive motor manufacturers going to ensure continuity of supply of rare-earth magnetic components, and what is the...
  • Chairman Issa Slams EPA Decision To Close Mine

    01/13/2011 3:43:17 PM PST · by Slyscribe · 10 replies
    IBD's Capital Hill ^ | 1/13/2011 | Sean Higgins
    In a preview of the type of confrontations likely this year as the new Republican-led House gets down to business, the chairman of the Oversight and Government Reform committee, Rep. Darrell Issa, R-Calif., said an action by the Environmental Protection Agency to effectively close down a West Virginia coal mine was part of the “climate of uncertainty” facing businesses that was holding back the economic recovery.
  • 29 miners dead after 2nd blast at New Zealand mine

    11/23/2010 9:18:11 PM PST · by Justaham · 12 replies · 1+ views
    Police say all 29 workers missing in a New Zealand coal mine are dead after a second explosion Wednesday that no one could have survived. Explosive and poisonous gases had prevented rescuers from entering the mine to search for the missing men since an initial explosion on Friday at the Pike River Mine. But even if any had survived, the second blast would have killed them, police superintendent Gary Knowles said. "Unfortunately I have to inform the public of New Zealand at 2:37 p.m. today there was another massive explosion underground and based on that explosion no one would have...
  • New Zealand 'hanging on every hope' for miners missing after gas blast

    11/19/2010 9:02:44 AM PST · by Tennessee Nana · 6 replies
    MSNBC.com ^ | November 19, 2010 | Staff
    WELLINGTON, New Zealand — A gas explosion ripped through one of New Zealand's largest coal mines Friday while dozens of workers were underground. Five of them, dazed and slightly injured, stumbled to the surface but 27 were missing, officials said. One was blown off his vehicle by the blast, which happened at about 3:45 p.m. local time (9:45 p.m. ET Thursday), while working about 5,000 feet into the mine. Television footage showed blackened and singed trees and light smoke billowing from the top of a mountain where a 360-foot ventilation shaft emerges. A nearby hut had been blown down, suggesting...
  • Germany to help Japan obtain vital rare earths

    10/17/2010 2:09:56 PM PDT · by Berlin_Freeper · 10 replies
    AFP ^ | October 16 2010 | AFP
    YEKATERINBURG, Russia — Germany will help Japan gain access to vital rare earth minerals which are being withheld by China in a territorial dispute, German Economy Minister Rainer Bruederle said Saturday. Bruederle was speaking on his way home from a visit to Tokyo where he had talks with Japanese trade and economy ministers Akihiro Ohata and Banri Kaieda. He said they had raised the possibility of Japan running out of stocks of the commodities vital for the manufacture of electronic goods such as mobile telephones. In turn Bruederle spoke of eventual joint efforts to explore for new resources of the...
  • World Exclusive: First Interview With Mario Sepulveda [Chilean Miner]

    10/17/2010 2:51:27 AM PDT · by BunnySlippers · 14 replies · 3+ views
    Daily Mail UK ^ | 10/17/10 | CAROLINE GRAHAM
    Mario says his first instinct was to seek an escape route. ‘Some of the younger ones were in a bad way – hysterical – but I had to find a way out. The only thought that kept going through my head was that I didn’t want to die before my children had an education. It sounds like a crazy thought but that is so important to me. --- He says: ‘The mine was swelteringly hot [around 92F, 33C]. We stripped down to our underwear. It was so humid you could not move without sweating. ‘The air was so bad our...
  • San Jose rescue a terrific success for Chile and for global mining

    10/15/2010 5:24:44 AM PDT · by rellimpank · 8 replies · 1+ views
    Mineweb ^ | 15 oct 2010
    At the San Jose mine near Copiapo in Chile all the miners have emerged, one by one, including those brave men who went underground yesterday to help with the extraction from 642 m below surface. The industry at large should view this as a great triumph. This, more than anything we have ever done over the last decades, has had the general public interested in the mining industry. The incident has certainly shown mining engineers in a very positive, professional light. It also, inadvertently, contrasted the oil and mining industries, following so close after the drawn out BP oil spill...
  • They're all out: 33 miners raised safely in Chile

    10/13/2010 8:45:33 PM PDT · by malkee · 25 replies
    Yahoo ^ | October 13 2010 | Michael Warren
    SAN JOSE MINE, Chile – The last of the Chilean miners, the foreman who held them together when they were feared lost, was raised from the depths of the earth Wednesday night — a joyous ending to a 69-day ordeal that riveted the world. No one has ever been trapped so long and survived. Luis Urzua ascended smoothly through 2,000 feet of rock, completing a 22 1/2-hour rescue operation that unfolded with remarkable speed and flawless execution. Before a jubilant crowd of about 2,000 people, he became the 33rd miner to be rescued. "We have done what the entire world...
  • Russian company may get Utah town and uranium

    10/12/2010 6:07:08 PM PDT · by george76 · 24 replies
    The Salt Lake Tribune ^ | Oct 10, 2010 | JUDY FAHYS
    Ticaboo • Syd Auster’s father flew fighter jets to protect American soil, including this dusty company town off a two-lane road to Lake Powell. But soon the same mineral-rich landscape that Auster’s dad safeguarded decades ago will be largely owned by the country he once guarded against. By year’s end, the Russian mining company Atomredmetzoloto (ARMZ) will have a controlling stake in the Canadian company Uranium One. When that happens, the town itself, the Shootaring Canyon uranium mill a few miles up the highway, more than 10,000 acres of uranium claims in Utah and holdings in South Dakota, Wyoming and...
  • Australia on the verge of biggest mining boom since 1850s

    10/12/2010 7:09:46 AM PDT · by epithermal · 11 replies
    Mining Weekly ^ | 12th October 2010 | Esmarie Swanepoel
    PERTH (miningweekly.com) – Australia is about to embark on its biggest mining investment boom since the 1850s Gold Rush, Deputy Prime Minister and Treasurer Wayne Swan told investors in the US this week. The Australian Bureau of Agricultural and Resource Economics estimates the current pipeline of resources projects in Australia is nearly A$360-billion. A$110-billion of that is in advanced projects. Swan said in a speech delivered at the NYSE that Australia was picking up the pace of its economic reform to make the country an "even more" attractive investment destination.
  • Here's What You Need To Know About The Politics Behind Rare Earth Metals

    10/03/2010 7:33:27 AM PDT · by george76 · 17 replies
    Business Insider ^ | Oct. 3, 2010 | Patrick Chovanec
    Earlier this week, the U.S. Senate held hearings on a bill to jumpstart domestic production of “rare earth” minerals, in order to break China’s near-monopoly on these little known but essential raw materials... “Rare earth” refers to a collection of 17 elements from the periodic table, with Star Trek-sounding names like holmium, europium, neodymium, and thulium. They tend to be found together, and exhibit similar chemical properties that make them useful — and in many cases vital — for a whole host of high-tech applications, such as superconductors, magnets, and lasers. Rare earths are essential ingredients in many emerging “green”...
  • U.S. House may vote on Rare Earths Act this week

    10/02/2010 6:46:57 AM PDT · by epithermal · 33 replies
    Mineweb ^ | 27 Sep 2010 | Dorothy Kosich
    Rare-earth metals have important defense applications because of their magnetic strength, which allows for miniaturization of components. A professional military journal, Joint Force Quarterly, has recently published a report asserting that "China appears to be holding an unlikely trump card" in its dominance of the REE industry. The Pentagon is expected to release a report on the potential national security risks of rare-earth materials dependence next month. The House Committee on Science and Technology Thursday approved the Rare Earth and Critical Materials Revitalization Act of 2010, which authorizes the U.S. Department of Energy to develop a rare earth materials program...
  • Chinese Threat on Rare Earth Minerals Could Revitalize U.S. Mines

    09/27/2010 10:31:19 AM PDT · by epithermal · 20 replies
    Science ^ | 23 September 2010 | Robert F. Service
    Action is heating up in the world of rare earth minerals. China has blocked exports of rare earths to Japan over a fishing dispute between the two countries. -snip- "It is precisely this type of vulnerability in the overall rare earths supply chain [for geopolitical reasons and others] that makes it important for Japan and other countries to diversify their supply chains for rare earths," adds Hatch. That diversification may soon get a jump start. Today, the House of Representatives Science and Technology Committee approved legislation to authorize funding by the U.S. Department of Energy (DOE) for a $70 million...
  • Boeing launches search for crucial rare earth elements

    09/20/2010 9:10:05 PM PDT · by smokingfrog · 25 replies
    msnbc ^ | 20 Sept 2010 | Jeremy Hsu
    Minerals, facing shortage, are key for military hardware, cell phones. Boeing has signed a deal to deploy remote sensing technology to map out U.S. deposits of rare earth elements. The rare earth family of minerals is the real-life version of the precious element "unobtanium" in James Cameron's movie "Avatar." They are used to make everything from military hardware to humble cell phones, but could soon be in short supply as worldwide demand outstrips mining production in China. The aerospace and defense giant announced today that it will confirm rare earth mining claims held by U.S. Rare Earths, Inc. at locations...
  • Gem Diamonds unveils 196ct white diamond

    09/11/2010 3:32:18 PM PDT · by epithermal · 26 replies
    Mining Journal ^ | 7 Sep 2010 | Mining Journal
    An “exceptional” 196ct rough white diamond was recovered from Gem Diamonds Ltd’s majority-owned Letseng mine in Lesotho last month. On announcing its August 24 recovery, the company said: “this remarkable rough diamond is expected to achieve a substantial price per carat as preliminary examinations indicate that it is expected to produce top colour and top clarity polished diamonds”. The Letseng mine has produced three of the world’s 20 largest diamonds since Gem Diamonds acquired the asset in 2006. These include the 603ct Lesotho Promise (in August 2006) worth US$12.4 million, the 493ct Letseng Legacy (in September 2007) worth US$10.4 million,...
  • Greenland amends law to allow uranium mining

    09/11/2010 3:26:48 PM PDT · by epithermal · 7 replies · 1+ views
    Mining Journal ^ | 10 Sep 2010 | Mining Journal
    The government of Greenland has amended a decades-old ban on uranium mining that could open the country to exploration for uranium and rare earth minerals. In its decision, Greenland's government amended the terms of its exploration licensing to allow for the exploration of radioactive elements such as uranium and thorium on a case-by-case basis, said Lars Emil Johansen, a former prime minister of Greenland and chairman of Australian mining company Greenland Minerals & Energy Ltd's local subsidiary. The amendment is a reversal of the zero-tolerance policy that was instituted in the 1980s, although the government is still conducting a full...
  • Backlash over China curb on metal exports (environmental rules give China 97% rare earth mineral)

    09/06/2010 11:33:14 AM PDT · by goldendays · 37 replies
    telegraph.co.uk ^ | 29 Aug 2010 | Ambrose Evans-Pritchard
    Backlash over China curb on metal exports China's draconian export curbs on rare earth minerals needed by the rest of the world for frontier technologies is escalating into a serious diplomatic and trade clash with the United States and other leading powers. By Ambrose Evans-Pritchard, International Business Editor Japan's foreign minister Katsuya Okada issued what amounted to a formal protest at top-level meeting with Chinese officials in Beijing over the weekend, saying the sudden cut-off was "affecting the global production chain". It is the latest sign of rising pressure after angry complaints by companies outside China that rely on this...
  • America's Fast Track to the Third World

    07/21/2010 4:45:19 AM PDT · by Scanian · 6 replies · 1+ views
    The American Thinker ^ | July 21, 2010 | Dan Gorski
    The Department of Defense has sounded an alarm about our access to a strategically vital group of metals called the rare earth elements. A report on the problem prepared by the GAO is not pretty. It concludes the Chinese now control the production, processing and manufacture of final products of these vital metals and now own the patents for many of these processes. The worries of the DoD are well justified; missile guidance systems, smart bombs, night vision gear, unmanned aircraft and much more are dependent on the rare earth elements in some way. Without these metals, our weapons technology...
  • Estimated $1 trillion in the ground, but mining critics are concerned about BWCAW (MN)

    06/21/2010 3:13:58 PM PDT · by WOBBLY BOB · 10 replies
    Duluth News Tribune ^ | 6-21-10 | John Myers
    ALONG THE SOUTH KAWISHIWI RIVER — Just outside the Boundary Waters Canoe Area Wilder­ness, deep below the lakes and streams that have defined this area’s value for centuries, lies a fortune to be made. Everyone involved in Minnesota’s copper mining controversy agrees there’s an incredibly rich deposit of nickel, platinum, palladium, copper and other high-demand minerals under this rugged land. “The Duluth Complex is perhaps the world’s largest untapped resource of (copper, nickel and platinum group metals) with multibillion tons of geologic resources estimated to be worth more than $1 trillion,”