mining
The latest news on mining
Mine safety official urged quick passage of a bill that would crack down on mines with safety problems.
Politics were kept out of the speech, but the president's anger at the mine owner was discernable.
West Virginia's coal mine disaster has renewed questions about mine safety.
Fund Manager William Martin on the outlook for gold investing, and why he's so bullish on Barrick.
In another horrific twist in the story of the six Utah miners trapped 1,500 feet underground, three rescue workers were killed and others injured when seismic activity caused another cave-in last night. As is suspected in the initial collapse, the latest accident was caused by a "seismic bump," in which pressure from inside the mine shoots rocks with great force from the walls. Rescue workers had drilled three holes and had started a fourth to lower sensors and possibly food and water down to the miners. So far they have picked up no signs that the six are alive; however, sensors detected the air is breathable. Yesterday, a device detected a "noise" or vibration that lasted five minutes, giving family members hope that their kin are still alive. After last night's accident, Utah Gov. Jon Huntsman said he did not want underground tunneling to resume, but the decision has yet to be made.
