Keyword: mining

Brevity: Headers | « Text »
  • Trump's Space Force could cost nearly $13 billion over 5 years

    09/17/2018 2:47:29 PM PDT · by 2ndDivisionVet · 23 replies
    CNN Politics ^ | September 17, 2018 | Ryan Browne
    Establishing President Donald Trump's sought-after Space Force could cost $12.9 billion over its first five years, according to an Air Force document obtained by CNN. The Air Force estimates that the first year "additive costs" associated with establishing the new military branch in the 2020 fiscal year, including the creation of a headquarters, would amount to $3.32 billion. The document also estimates that the Space Force will oversee some 13,000 personnel when it is officially launched. In a memo accompanying the proposal, Air Force Secretary Heather Wilson calls on Congress to authorize and fund the establishment of a Space Force...
  • Asteroid miners could use Earth’s atmosphere to catch space rocks

    08/29/2018 11:32:33 PM PDT · by LibWhacker · 19 replies
    Science ^ | 8/29/18 | Joshua Rapp Learn
    Forget deflecting asteroids from hitting Earth—some engineers are drawing up a strategy to steer asteroids toward us, so our atmosphere can act as a giant catching mitt for resource-rich space rocks. What might sound like a crazy idea is actually quite business savvy, according to Minghu Tan, a Ph.D. student at the University of Glasgow in the United Kingdom who co-authored the new study. That’s because such near-Earth asteroids can host supplies, such as water and precious metals, that could support future human missions to space. But other scientists are skeptical that the concept will ever get off the ground....
  • Gotcha!--Deep State Foiled Trying To Sabotage Trump’s Foreign Policy

    05/19/2018 6:53:34 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | May 19, 2018 | Humberto Fontova
    "We called the White House and they acted swiftly on the Friday event, which has since been postponed," said a staff member for Republican Florida Sen. Marco Rubio, who complained that the event would have openly undermined President Donald Trump’s agenda on Cuba."The event in question has been postponed," a State Department official confirmed."This (event) was designed to embarrass the president and Pompeo—somebody needs to be held to account," one source said. "The fact that State Department officials were advancing a program that is so slanted and completely at odds with the president's directive on Cuba, I am concerned what...
  • Barrasso Condemns Bank of the West Anti-Fossil Fuels Policies

    08/09/2018 6:33:59 AM PDT · by george76 · 26 replies
    Wyoming Network ^ | 8-8-18 | John Barrasso
    U.S. Senator John Barrasso (R-WY) sent a letter to Bank of the West President and Chief Executive Officer Nandita Bakhshi pushing back on the bank’s decision to no longer conduct business with companies engaged in the exploration and production of coal, oil and natural gas. Bank of the West, headquartered in San Francisco, CA, has 23 branches with dedicated employees who work hard to serve communities and families across Wyoming. In his letter, Barrasso condemned the San Francisco headquarter’s attack on Wyoming’s communities and businesses that depend on fossil fuels for energy security, jobs and economic growth. “This misguided and...
  • 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...
  • Could this 'clean coal’ plant proposal be answer to Indiana’s 17 billion tons of reserves? (Jobs?)

    07/30/2018 4:26:29 PM PDT · by 2ndDivisionVet · 13 replies
    Republic of Mining ^ | March 18, 2018 | Sarah Bowman and Emily Hopkins
    When it comes to coal, the United States is what the Middle East is for oil. That fact is not lost on an industry competing for relevancy at a time when it’s undersold by natural gas and renewable energy. It’s not lost on the coal-producing towns in the nation that have long relied on the mineral for jobs and economic development. And it’s certainly not lost on Greg Merle, whose company is pitching what he hopes — what he believes — might just be the answer for a declining industry desperate to remain viable. Merle is the president of Riverview...
  • 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....
  • Decision to haul Gold King Mine sludge raises questions ( Colorado )

    07/10/2018 4:50:10 AM PDT · by george76 · 25 replies
    Durango Herald ^ | July 10, 2018 | Jonathan Romeo
    Critics fear move will impact upper Animas River aquatic life. Could the Environmental Protection Agency’s plan to haul waste from the Gold King Mine to the banks of the upper Animas River put undue stress on a fishery already struggling to survive? ... Three months after the EPA triggered the Gold King Mine blowout in August 2015, the agency built a temporary water-treatment plant, in an area known as Gladstone, 10 miles north of Silverton within the Cement Creek watershed. But for the past year, the EPA has said room is running out at Gladstone to store the waste byproduct...
  • Uranium too: Did the Clintons finagle a twofer, including a land-grab?[opinion]

    03/01/2018 7:05:26 PM PST · by huldah1776 · 14 replies
    The Washington Examiner ^ | March 1, 2018 | William Perry Pendley
    Most sapient Americans—those who are skeptical of the mainstream media—know the outrageous but largely unreported story that Bill and Hillary Clinton, with the help of Obama officials and over congressional experts’ objections, allowed Russia to gain control of 20 percent of America’s uranium supplies. What is unknown is whether the Clintons sweetened the deal for their Russian friends by engineering closure of a million federal acres of the nation’s best source of uranium. The “evidence” of such mischief is purely circumstantial, but it is disconcerting. Here is what we know, thanks to the reporting of the estimable Andrew C. McCarthy,...
  • 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...
  • Pres. Trump to hold round-table, rally in Duluth

    06/20/2018 4:53:49 AM PDT · by euram · 11 replies
    KARE11 ^ | June 19, 2018 | KARE
    DULUTH, Minn. - President Trump will make his first visit to Minnesota since winning The Oval Office when he holds a rally in Duluth Wednesday night. The White House says President Trump will arrive in Duluth around 4:35 p.m. From there, President Trump will hold a round-table event with about a dozen elected officials as well as representatives from the mining and steel industry. The discussion is billed as "promoting and protecting American workers."
  • New asteroid gold rush ‘could earn everyone on Earth £75 billion’

    06/12/2018 10:14:02 AM PDT · by Red Badger · 59 replies
    metro.co.uk ^ | 11 Jun 2018 3:58 pm | Rob Waugh
    The world’s first trillionaire won’t come from cryptocurrency or some clever new app – he or she will become rich from asteroid mining. _____________________________________________________________________ That’s what bankers Goldman Sachs reckon, anyway – and several companies are now vying to be the first into space. NASA estimates that the total value of asteroids out there could be up to $700 quintillion – equivalent to £75 billion each for us here on Earth. Several companies are now buidling the machines which will take us there – including Deep Space Industries, which is building a steam-powered thruster for spacecraft, the Guardian reports. British...
  • OBAMA ADMINISTRATION’S GUINEA MINING DEAL HURTS AMERICAN BUSINESSES

    07/02/2012 12:02:52 PM PDT · by lowbridge · 12 replies
    human events ^ | july 2, 2012 | Robert Maginnis
    A secret business deal between the government of Guinea and a multinational firm with a U.S. partner aided by the Obama administration’s wrongheaded foreign policy could cost American businesses billions. Congress ought to investigate to protect American investors, expose any political shenanigans and prosecute the guilty. The London Sunday Times first cracked the story June 3 of the secret $25 million loan between an offshore company, Palladino Capital 2, and the cash-strapped West African country. The funds, according to the loan agreement, were to finance the start-up of Guinea’s state mining company, Heritage, but the cash allegedly disappeared and the...
  • Federal Suit Hits Soros for $10 Billion for ‘Political Meddling, Motivated Solely by Malice’

    05/27/2018 9:38:25 PM PDT · by ATOMIC_PUNK · 21 replies
    https://thedailybrexit.blogspot ^ | Posted by Editor at 02:29
    FOX News reports the 86-year-old financier and manager of a global network of nonprofits will be forced by BSG Resources’ lawsuit to answer for manipulating the politics and economics of Guinea for his own benefit Despite Soros’ often contentious dealings and reputation as a pompous busybody, the filing in New York Federal Court has thus far largely escaped the spotlight. Soros, who controls a web of international nonprofits in addition to his vast financial empire, used his sway with the government of Guinea to freeze Israeli company BSG Resources out of the West African nation’s lucrative iron ore mining contracts,...
  • 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...
  • Australian Coal Plant to be Reactivated to Mine Cryptocurrency

    04/13/2018 8:38:47 AM PDT · by ProtectOurFreedom · 20 replies
    Power Engineering Magazine ^ | April 11, 2018 | Editors of Power Engineering
    The Redbank Power Station in Australia was shut down in 2014, but it’s being reactivated for the sole purpose of providing power to cryptocurrency mining. Local power company Hunter Energy agreed to reactivate the plant for the Australian tech company IOT Group and sell it power at wholesale prices for blockchain applications, CNET reported. Cryptocurrency such as bitcoin uses blockchain to secure transactions and mine new coins. However, cryptocurrency mining uses huge amounts of power, with current estimates indicated it uses as much power as the entire country of Singapore.IOT plans to offer the power to other companies using blockchain...
  • Employee of liberal activist group charged with assaulting Zinke staffer

    03/20/2018 5:47:25 PM PDT · by yesthatjallen · 23 replies
    The Hill ^ | 03/20/18 | Julia Manchester
    An operative for American Bridge 21st Century (Founder DAVID BROCK), a pro-Democrat political action committee, has been charged with assaulting a staffer working for Interior Secretary Ryan Zinke, according to the Associated Press. Wilfred Stark was charged with simple assault after he allegedly approached Zinke, yelling at him, outside of a hearing. Stark then “used his full body to push” Zinke's spokeswoman, Heather Swift, as she moved to leave the room, according to the police report cited by the AP. “He is a big guy. He came up behind me fast, aggressive and very physical,” Swift said in a statement...
  • Let's Make America a Mineral Superpower

    02/13/2018 7:38:56 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | February 13, 2018 | Stephen Moore
    Why is the United States reliant on China and Russia for strategic minerals when we have more of these valuable resources than both these nations combined? This has nothing to do with geological impediments. It is all politics. This is an underreported scandal that jeopardizes American security. As recently as 1990, the U.S. was No. 1 in the world in mining output. But according to the latest data from the U.S. Geological Survey, the U.S. is 100 percent import dependent for at least 20 critical and strategic minerals (not including each of the "rare earths"), and between 50 and 99...
  • Radical Environmentalists Wrong Again – Not a Single Company Wants To Mine In Bears Ears, Utah

    02/10/2018 9:37:41 AM PST · by rktman · 5 replies
    westernjournal.com ^ | 2/9/2018 | Tim Pearce
    No company has applied to mine within the former boundaries of the Bears Ears National Monument since President Donald Trump’s cut to national monuments went into effect, The Washington Examiner reported Thursday. Trump announced he was rolling back Utah’s Bears Ears by about 85 percent in December. The cuts went into effect last week, causing critics to claim mining companies would begin staking claims and applying for mining permits within the area.
  • Russian nuclear scientists arrested for 'Bitcoin mining plot'

    02/09/2018 10:35:33 AM PST · by C19fan · 7 replies
    BBC ^ | February 9, 2018 | Staff
    Russian security officers have arrested several scientists working at a top-secret Russian nuclear warhead facility for allegedly mining crypto-currencies. The suspects had tried to use one of Russia's most powerful supercomputers to mine Bitcoins, media reports say. The Federal Nuclear Centre in Sarov, western Russia, is a restricted area.