The U.S. Geological Survey (USGS) reported U.S. production of selected mineral commodities in the third quarter 2024. U.S. mine and plant production data for 16 selected mineral commodities are provided on a monthly (or quarterly) basis by the USGS to the board of governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity…
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Here comes the 2024 mineral baby
Overall, The Total Amount Of Resources That Every American Born In 2024 Will Need In Their Lifetime Is 3.06 Million Pounds. By Mark S. Kuhar Let’s welcome the 2024 Mineral Baby. For decades, the amount of minerals, metals and fuels that an American born in the current year will need in their lifetime has been presented in an iconic educational…
Read MoreUSGS invests $2M for mine waste critical mineral identification
The U.S. Geological Survey (USGS) has invested over US$2 million from the Bipartisan Infrastructure Law to 14 states to look for critical mineral resource potential in mine waste. The funding will allow the USGS and states to better map the locations of mine waste and measure the potential for critical minerals that might exist in that mine waste. The Bipartisan…
Read MoreColorado Mines announces USGS research facility
The Colorado School of Mines is targeting 2026 for a new $240 million Energy and Minerals Reseach Facility on its campus that will jointly house researchers from the U.S. Geological Survey and the university. Site preparation has already begun, and construction will commence in October for the addition, which will be along 18th Street just east of the USGS Geologic…
Read MoreHighest-grade rare earth deposit uncovered in Montana
Salt Lake City-based private rare earth developer U.S. Critical Materials has revealed it has discovered a billion-dollar “game-changer” for the industry in Montana: the highest-grade REE deposit in the United States. The company said Sheep Creek, as it has been named, has had its levels confirmed by analyses from independent Canadian-based Activation Labs. “U.S. Critical Materials has nearly 9% TREO…
Read MoreFirst New Elk cargo sets sail to customer
Allegiance Coal, the new owner of the New Elk coal operation in southeastern Colorado, said the first cargo ship of steel coal from the mine left the mainland en route to its Chinese customer in late November. While the operator did not identify the specific customer in China, is did say the order left the Port of Guaymus in northern…
Read MoreReport: U.S. mines hit $90B in mineral production last year
In its latest report, the U.S. Geological Survey (USGS) said that the nation’s mines produced approximately $90.4 billion in nonfuel mineral commodities in 2021 – a $9.7 billion increase over the 2020 revised total of $80.7 billion.
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