Mining continues at the Continental Pit. Nearby is the Berkeley Pit, a site for acid mine drainage that poses an opportunity for extracting valuable metals.
Category: Metals and Minerals
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U.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles
The agreement could provide a windfall to the U.S., but the resources will be expensive to extract, and any progress is unlikely while the war rages.
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Gold Price Sets Another Record as Trump’s Tariffs Unnerve Markets
President Trump’s tariffs and his attacks on the Federal Reserve continue to unnerve the markets, pushing investors away from the dollar and toward havens like gold.
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China’s Halt of Critical Minerals Poses Risk for U.S. Military Programs
The Pentagon and defense contractors are heavily reliant on magnets and rare earth minerals mined or processed in China, which has suspended exports of the materials in an escalating trade war.
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China Halts Critical Rare Earth Exports as Trade War Intensifies
Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.
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Oil and metals prices fall on concerns about the global economy.
The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.
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Reworked U.S.-Ukraine Minerals Deal Proposal: What to Know
Officials in Kyiv say the country cannot possibly accept the proposal and that new negotiations would be needed. But they have not rejected it outright, which would anger the White House.
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Mining Company Seeks Trump Support to Shortcut Access to Seabed Metals
Mining companies and the Trump administration want the metals to boost manufacturing. Environmentalists and some countries worry industrial mining would harm oceans.
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Gold Price Passes $3,000, a Record High, Amid Tariff Anxiety
The price of gold hit a new milestone as investors sought havens from market turmoil.
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Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.
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Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.
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Japan to Send Trade Minister to the U.S. Amid Tariff Tensions
Yoji Muto is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.