Commentary: Western officials fear new EPA rules could cripple mining operations – by Thomas Mitchell (Elko Daily Free Press – August 24, 2016)

http://elkodaily.com/

There is growing fear among officials across the West that in the waning days of the Obama administration his Environmental Protection Agency may enact regulations that could cost the hard rock mining industry billions of dollars, jeopardizing jobs and entire communities.

Earlier this year, the EPA, as is its wont, settled a lawsuit from a passel of self-styled environmental groups by agreeing to write further regulations requiring additional financial assurances — in the form of expensive surety bonds — that mining sites will be adequately cleaned up and reclaimed at the end of operations.

The court gave the EPA until Dec. 1 to write these new rules. Lest we forget, it was the geniuses at the EPA who bungled the reclamation of the Gold King mine near Silverton, Colo., a year ago, dumping millions of gallons of toxic-metal-laced pollutants into the Animas River, turning it a bright yellow.

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Newmont’s Carlin team wins national mine rescue competition: Barrick’s Turquoise Ridge team won first in one of the technician portions (Elko Daily Free Press – August 8, 2016)

http://elkodaily.com/

RENO – Newmont Mining Corp.’s Carlin Team beat out 35 teams from 16 states nationwide to finish first at the 2016 National Metal and Nonmetal Mine Rescue Contest in Reno.

The Carlin team came in third in the field competition, first place for first aid and second for team tech (BG4) during the four-day event held July 25-28 in Reno. Barrick Gold’s “Turquoise Ridge Regulators” from Golconda, came in first in the bio technician team competition.

Co-hosted by the U.S. Department of Labor’s Mine Safety and Health Administration and the Nevada Mining Association, mine rescue competitions gauge the readiness of teams and their individual members – sharpening skills and testing their knowledge in a series of simulated emergency scenarios, such as a mine fire, explosion or roof collapse.

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There is a race for lithium going on in Nevada – by Phil LeBeau (CNBC.com – July 25, 2016)

http://www.cnbc.com/

Ever since electric carmaker Tesla announced plans to build a battery plant outside Reno, Nevada, investors, fans of Elon Musk’s company and others around the world have started paying attention to the silver state’s large lithium deposits.

Lithium is a key component in the production of batteries used in cell phones and electric vehicles. As sales of electric vehicles, which topped 500,000 worldwide last year, increase, so is demand for lithium. “Every new mine that we can find needs to be brought online and it needs to be done as fast as possible,” said Patrick Highsmith, CEO of Pure Energy Minerals.

Highsmith’s company is exploring how much lithium is in the water tables deep below the Nevada desert in Clayton Valley. This valley, halfway between Las Vegas and Reno, is ringed by mountains and home to one of the largest lithium deposits in North America.

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Kinross eyes expansions at its new gold mines in Nevada – by Cecilia Jamasmie (Mining.com – June 29, 2016)

http://www.mining.com/

Canada’s Kinross (TSX:G) (NYSE:KGC), the world’s fifth largest gold producer, believes it can increase reserves at its Bald Mountain and Round Mountain mines, which it acquired from Barrick Gold (TSX, NYSE:ABX) late last year.

The company, which is looking to strengthen its portfolio in North America, has increased its exploration budget for the year by 50% to $9 million as “promising results” at Bald Mountain have “reaffirmed Kinross’ confidence in the site’s significant upside potential,” it said in a market update ahead of an analyst tour this week.

Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, also see great potential in its other Nevada-based mien — Round Mountain.

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Gold supply to drop by 7 pct by 2021 – Newmont CEO – by Michael Allan McCrae (Mining.com – June 20, 2016)

http://www.mining.com/

Due to the past price performance of gold, supply is constrained says Gary Goldberg, president and CEO of Newmont Mining. “We see the medium- to long-term as being very good,” said Goldberg in an interview with MINING.com earlier this month talking about gold prices and buying trends in India and China.

“I think you have seen a decrease in supply as there has been less investment in new properties. We are one of the few who are building two brand-new mines: Merian-Suriname and Long Canyon in Nevada. “Overall, we see gold supply dropping by about 7% by 2021.”

Transcript is edited for brevity and clarity.

MINING.com: Who are you.

Gary Goldberg: I am Gary Goldberg. I am the president and CEO of Newmont Mining.

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Digging for Careers: Mining is in Megan Tibbals blood – by Marianne Kobak McKown (Elko Daily Free Press – May 14, 2016)

http://elkodaily.com/

CARLIN – The mining industry may run in Megan Tibbals DNA. She has worked at Newmont Mining Corp.’s Gold Quarry Mine for 14 years, but she has been around the industry all her life.

Tibbals said five people in her family have been miners — her great-grandfather, grandfather, father, uncle and herself. Her father moved the family around while he worked for mining companies in several states, and he still works in the industry. Most of his career was spent working for smaller mining companies

“I think when we were young he moved to Goldfield and my mom said she wasn’t moving there,” Tibbals said. “So we stayed in Denver a little while longer.” After her father got a job working for a mine near Winnemucca the family moved, and that’s where Tibbals grew up.

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Grace under pressure: Nevada Turquoise Ridge miners recognized for rescue operation after rock failure traps colleagues (Barrick Beyond Borders – May 4, 2016)

http://barrickbeyondborders.com/

Leo Sanchez has worked at the Turquoise Ridge mine for 11 years, but he won’t soon forget the night of February 3, 2016. The shift started like any other. Sanchez, North Zone Supervisor at the Nevada-based underground mine, was reviewing survey maps with John Conklin, South Zone Supervisor. At 10:30 p.m., Sanchez’s radio sounded. It was Jonathon Long.

“I need you guys down here,” Sanchez recalls Long saying in a calm but urgent voice.

It was highly unusual to request both supervisors so Sanchez knew immediately something wasn’t right. When he arrived in Zone 4, the area in the north zone where Long was working with colleagues Gerald Hinz and David Reed, he understood why. A rock failure had occurred. The three miners were unhurt but partially cut off by more than 30 tons of downed rock. The ventilation system was damaged but still functional.

Sanchez and Conklin quickly but calmly assessed the situation to determine how best to safely extract the men.

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Is This The Hottest Acreage In The Lithium Rush? – by James Burgess (Oil Price.com – April 27, 2016)

http://oilprice.com/

As our lithium-dependent energy revolution unfolds, prices soar and supply remains euphorically tight, a savvy newcomer is the first to cast a much wider exploration net over America’s ground-zero lithium state of Nevada, hedging smart geological bets that there’s lithium beyond Clayton Valley.

The lithium space is becoming a frantic game of who can get their hands on the choicest new mining acreage and who can launch new production fastest. And in North America, it’s all going down in the state of Nevada, which is the staging ground for a U.S. lithium boom that will feed the manufacturing beasts for everything from EVs, battery gigafactories, powerwalls and energy storage solutions to the long and growing list of consumer electronics that we use every day.

Lithium demand just for electric vehicles is set to rise by 70,000 tons every time EV market share jumps only 1 percent. And this fails to account for the brilliant launch of Tesla’s Model 3 EV on 31 March, which saw 325,000 advance sales worth $14 million in only one week, definitively bringing the electric car into our mainstream.

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Editorial: Mines prepare for impact of earthquakes (Elko Daily Free Press – April 27, 2016)

http://elkodaily.com/

Nevada’s gold mines have taken steps to prepare for the effects of earthquakes, at a time when technology is also making advances in how to predict them.

Earthquakes pose a serious threat to miners, both underground and open pit, as our report in the latest Weekend Edition of the Elko Daily Free Press pointed out. Mines have shut down operations and evacuated miners in response to earthquakes as a safety precaution.

Everyone remembers when a copper-gold mine in Chile collapsed in 2010 a few months after a major earthquake, trapping 33 miners. Efforts to save the miners stretched out for a record 69 days, resulting in their miraculous survival. The drama drew global attention and prompted the motion picture titled “The 33.”

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Mining group latest to sue government over sage-grouse land use plans (Elko Daily – April 20, 2016)

http://elkodaily.com/

ELKO – The American Exploration & Mining Association has joined in the fight over federal land use plans and sage-grouse.

The group filed a lawsuit Tuesday against the federal government in the U.S. District Court for the District of Columbia seeking to overturn the Sage-Grouse Great Basin and Rocky Mountain Records of Decision and underlying land use plan amendments in seven western states. The lawsuit is against the U.S. Department of the Interior, Bureau of Land Management, the U.S. Department of Agriculture, U.S. Forest Service and several federal employees.

AEMA becomes the latest to challenge the plans following lawsuits lodged by the states of Idaho, Utah, nine Nevada counties, the Wyoming Coalition of Local Governments, ranchers, miners and various industry groups. Elko and Eureka counties, a few mining companies, and the Nevada Attorney General were among the first groups to file.

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For The Navajo Nation, Uranium Mining’s Deadly Legacy Lingers – by Laurel Morales(Nevada Public Radio – April 10, 2016)

http://knpr.org/

The federal government is cleaning up a long legacy of uranium mining within the Navajo Nation — some 27,000 square miles spread across Utah, New Mexico and Arizona that is home to more than 250,000 people.

Many Navajo people have died of kidney failure and cancer, conditions linked to uranium contamination. And new research from the CDC shows uranium in babies born now.

Mining companies blasted 4 million tons of uranium out of Navajo land between 1944 and 1986. The federal government purchased the ore to make atomic weapons. As the Cold War threat petered out the companies left, abandoning more than 500 mines.

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Nevada backs priority Superfund status for toxic mine – by Scott Sonner (Elko Daily Free Press – March 31, 2016)

http://elkodaily.com/

Associated Press – RENO (AP) — Nevada is dropping its long-held opposition to having a World War II-era copper mine added to the priority list of the nation’s most polluted Superfund sites, Gov. Brian Sandoval said in a letter Tuesday to the U.S. Environmental Protection Agency.

Sandoval said he was reluctantly agreeing with the agency’s latest proposal, which would make $31 million available to help clean up the abandoned Anaconda mine.

The mine in Yerington, about 80 miles southeast of Reno, already is a federal Superfund site, a designation that brought federal help with containing pollution — some of it radioactive — and pinpointing its source.

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A Lithium Gamble That Could Win Big for Tesla – by Katie Fehrenbacher (Fortune Magazine – March 29, 2016)

http://fortune.com/

Will lithium sucked out of the middle of Nevada be a breakthrough source for batteries?

About half way between Reno and Las Vegas, in a barren, sun-scorched valley, sits a region that’s straddling the past and the future of humanity’s centuries-old hunt for valuable metals.

It’s a quest that recently caught the attention of a handful of high flying speculators, mining entrepreneurs, risk-embracing investors—and electric car maker Tesla Motors.

These upstarts are drawn to this desolate landscape called Clayton Valley looking for a new American source of lithium, a white metal that’s a key ingredient in batteries that power cell phones, laptops, and increasingly cars. The demand for lithium is increasing dramatically worldwide, as are lithium prices, and much of the global lithium supply comes from huge conglomerates in Chile, Argentina, and Australia.

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Dispatch from Nevada: The town that gold saved – by Jeff Simon (CNN Politics – February 23, 2016)

http://www.cnn.com/

Battle Mountain, Nevada (CNN)Many Americans listened to the sales pitch of the nation’s most powerful conservative voices during the last recession. And then they acted: They bought and stockpiled gold.

This small town roughly half way between Reno and Salt Lake City would like to thank them for that.

“Without the mines, we probably wouldn’t even be here,” says Jodi Moore, a local insurance agent and the vice president of the local Chamber of Commerce. “That’s what keeps us going.”

As many towns this size grew dilapidated in the face of overwhelming economic hardship, Battle Mountain, Nevada — population, 3,635 — thrived.

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Barrick Gold wants to show it’s a ‘discerning buyer’ with focus on value – by Ian McGugan (Globe and Mail – February 23, 2016)

http://www.theglobeandmail.com/

After a year in which it sold off assets at a furious pace to cope with massive debt, Barrick Gold Corp. is once again talking about possible acquisitions.

John Thornton, chairman of the Toronto-based gold producer, told attendees at the company’s first investor day in five years that he wants to show Barrick can make purchases that create value, not just debt.

“We will, over time, prove to you that we are not only discerning sellers. … We will demonstrate that we are also discerning buyers, capable of consistently creating per-share value for our owners,” Mr. Thornton told his audience in New York. He did not provide details on what type of potential acquisitions might be attractive.

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