Tag: rock mining

Gold, mining company stocks down in premarket rout

A mining company that was among the biggest beneficiaries of a government ban on foreign ownership in Canada’s oil and gas industry has seen its stock price plummet after reports that it has been fined $1.7 million for failing to report a third of its drilling activity.In a market that’s often dominated by foreign-owned companies,…



Which of the two rock mining companies is most likely to lose its mining license?

The U.S. Geological Survey (USGS) released the results of its latest annual study of the state of rock mining in Western New York.The study, which examined the state’s mineral resources, concluded that Longwall, the largest mining company, was most likely the worst of the five, with its mineral resources having a rate of loss that…