Metals and minerals industry

March 19, 2019 - 8:34 am
HELSINKI (AP) — Norwegian aluminum producer Norsk Hydro says it has been a targeted by "an extensive cyberattack" through a ransomware virus impacting its key operations and disrupting its IT systems. The Oslo-based company that is one of the world's largest aluminum producers said Tuesday it has...
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In this Feb. 28, 2019, photograph, a storage tank stands near a well pad located in a field near a housing development in Broomfield, Colo. Frustrated residents of a Denver suburb say state law is forcing them to participate in a major oil and gas drilling project against their wishes, so they launched legal challenges with potentially significant consequences for the industry. Backed by a federal judge, they have a chance this week to ask state regulators to block multiple wells planned within about 1,300 feet (400 meters) of homes in the city of Broomfield. (AP Photo/David Zalubowski)
March 11, 2019 - 7:05 am
DENVER (AP) — Frustrated residents of a Denver suburb say state law is forcing them to participate in a major oil and gas drilling project against their wishes, so they launched legal challenges with potentially significant consequences for the industry. Backed by a federal judge, they have a...
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FILE - In this Feb. 14, 2006 file photo, a close-up of the chest patch of a worker at Barrick's Ruby Hill Mine, outside Eureka, Nev., is shown. Barrick Gold is dropping its takeover bid for Newmont Mining, as the gold companies instead form a joint venture to combine their Nevada mining operations. Last month Barrick Gold Corp. offered to acquire Newmont Mining Corp. for about $18 billion in stock. The joint venture will include the companies' assets and reserves in Nevada. (AP Photo/Douglas C. Pizac, File)
March 11, 2019 - 6:24 am
ELKO, Nev. (AP) — Barrick Gold is dropping its takeover bid for Newmont Mining, as the gold companies instead form a joint venture to combine their Nevada mining operations. Last month Barrick Gold Corp. offered to acquire Newmont Mining Corp. for about $18 billion in stock. The joint venture will...
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Rescuers load the body of a victim of a collapsed mine onto a truck in Bolaang Mongondow, North Sulawesi, Indonesia, Thursday, Feb. 28, 2019. Rescuers have passed water and food to some of the dozens of people trapped in a collapsed Indonesian gold mine, an official said Thursday, calling the gruelling rescue effort a race against time, in the remote inaccessible location. ((AP Photo/Harry Tri Atmojo)
March 01, 2019 - 10:27 pm
JAKARTA, Indonesia (AP) — An official overseeing a grueling rescue at a collapsed Indonesian gold mine says the voices of dozens of trapped miners are no longer being heard as the effort to reach them continued for a fourth day. Abdul Muin Paputungan said Saturday that rescuers are currently not...
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Rescuers stand at the entrance of a collapsed mine in Bolaang Mongondow, North Sulawesi, Indonesia, Thursday, Feb. 28, 2019. Rescue workers used makeshift stretchers to haul victims of the gold mine collapse through steep jungle terrain to safety, as the death toll rose and dozens remained trapped in the debris. (AP Photo)
February 28, 2019 - 9:00 pm
BOLAANG MONGONDOW, Indonesia (AP) — Rescuers brought an excavator to the remote Indonesian gold mine that collapsed earlier this week, trapping dozens, hoping to speed up rescue efforts despite the risk of triggering landslides. Local disaster official Abdul Muin Paputungan said Friday the death...
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Rescuers carry a survivor from inside a collapsed mine in Bolaang Mongondow, North Sulawesi, Indonesia, Wednesday, Feb. 27, 2019. The collapse of an unlicensed gold mine in Indonesia buried dozens of people, and rescuers dug desperately with their bare hands and farm tools on Wednesday to unearth victims calling for help from beneath the rubble. (AP Photo/Harry Tri Atmojo)
February 27, 2019 - 6:40 am
BOLAANG MONGONDOW, Indonesia (AP) — A grueling search and rescue effort has saved 19 people from the debris of a collapsed illegal gold mine in Indonesia's North Sulawesi province but officials said Wednesday that several dozen remain trapped. The national disaster agency said four people are...
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February 25, 2019 - 5:39 am
NEW YORK (AP) — Barrick Gold will try to acquire Newmont Mining Corp. in an approximately $18 billion all-stock deal that would create a mining behemoth worth about $42 billion. Newmont, based in Colorado, has shunned the Canadian miner so far, and the latest brush between the fierce rivals is...
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February 24, 2019 - 11:31 pm
BEIJING (AP) — The operators of China's largest silver mine transported workers underground on a broken-down bus that was bought online, routinely overloaded and operating on ramp not intended for transporting people, safety officials said after the bus crashed, killing 21 miners and injuring 29...
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February 22, 2019 - 2:03 am
WELLINGTON, New Zealand (AP) — China said Friday that reported delays in handling of coal shipments from Australia were due to stepped up inspections to protect the environment. "In recent years, China Customs has found that some of the imported coal didn't meet our environmental protection...
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FILE - This April 14, 2011 file picture shows the Glencore headquarters in Baar, Switzerland. Commodities giant Glencore says it will cap how much coal it mines amid shareholder pressure to reduce emissions of greenhouse gases. (AP Photo/Keystone, Urs Flueeler, file)
February 20, 2019 - 7:33 pm
BERLIN (AP) — Commodities giant Glencore said Wednesday it will cap how much coal it mines amid shareholder pressure for it to help reduce global emissions of greenhouse gases. The move is a sharp reversal for a company that has long championed the extraction and burning of fossil fuels, and which...
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