into the mining game early.oulder was still the supply town, and wagons were the rule of thumb for a lot of mining. to town and aore wagon, you bought your dynamite and supplies, and everything else. put it back in the same wagon, and went back to your mine. boulder figures into all of this very early. we are in western boulder county, near the site of the old town of caribou. it is a complete ghost town, and write down their in -- right down there in that meadow, was a town that was built to exploit the silver resources discovered in 1869. boulder was the supply town. ,hen the discoveries were made boulder was a small community, still looking for its identity in the world. it was supporting agriculture. and they needed to be a place where commodities could be brought in, and then brought to the mines. but caribou was easily the most important silver mining center in colorado, probably up until the mid-1870's. beginning in 1869 with the discovery, you have 5, 6, 7 years of silver production that outstrips everyp

today isf the mining on a much larger scale. tom hendricks is one of the last of the small mining operations in the state. large mining operations carried on by big multinational corporations are the rule. the history and legacy can be reduced to nothing but production numbers. at the same time it is an interesting and colorful story. you can have a good time reading that material and still go through some of the dryer statistics, seeing that there really is something important to us today. weekend,hout the american history tv is featuring boulder, colorado. staff recently traveled there to learn more of its rich history. learn more about the other stops on the city tour at c-span.org/local content. you are watching american history tv, all weekend, every weekend. >> the c-span 2015 student can competition is underway. it will award 150 prizes totaling $100,000. create a five minute to seven minute documentary on the topic. it needs to show varying points byview and be submitted january, 2017. grab a camera and get started today

they do mountain top removals and surface mining. you can mine a whole mountainside. and i'm talking about a whether or not he will mountainside, within a year or two, with around 7-12 people and that's all you need. >> wait a second. say that again. you can mine a whole mountainside with 7-12 people. >> 7-12 people. >> with those kinds of factors, it doesn't seem likely mining jobs will be coming back, which leads many living in har, an county hanging in the balance. >> right now, the unemployment rate, officially, is 14%. that's bad. it's twice the national rate of 6%. >> yeah, that's high. that's peek-grade recession level. >> yeah, it is. but the real number is worse. the real number is 60%. that's the size of the adult population of harlan kwounty that's not considered part of the work force. >> 60%? >> 60% for the work force and isn't looking for work long enough to not be counted in the labor core. if you look at the labor income, 52% comes from labor and salaries. >> since our conversation, the up employment rate has dropped 12.1% and still one of the highest

they do mountain top removals and surface mining.ll you need. >> wait a second, say that again. >> you can mine a whole mountainside with 7 to 12 people. >> with those factors, it doesn't seem likely mining job also be coming back, which leaves many living in harlan county hanging in the balance. >> right now the unemployment rate officially is 14%, which is bad. >> that's high. that's peak rate recession levels. >> but the real number to consider for harlan county is 60%. that's the size of the adult population of harlan county that's not even considered part of the workforce. >> 60%. >> 60% of the workforce isn't working and they're not counted as part of the labor pool. 52% of harlan county income comes not from wages or salaries but government transfer programs. >> since our conversation, the unemployment rate in harlan county dropped to 12.1%, leaving coal with a complicated legacy. has coal been good to harlan county? >> coal has done nothing but rape, ravage and steal from harlan county. it's made ten people multitrillion mill

is that something -- >> absolutely. >> mining say the pebble mine vote is confusing and unnecessary.oliticizing what should be a science based process, and could slow investment and development in the state. >> it is one of the most economically depressed regions. but the same argue everment can be made for fishing. billing jury 2,000 permit as season. that can fish for ever salmon. say four peach fishing so that's 8,000 jobs then add in the cannery workers the people onshore, the peep operating the tenders bringing the fish to shore. >> there's nothing more that i love than setting that first net, and watching that first hilt. >> so salmon supporters say they are not against mining and mining supporter evers say they are not against salmon, it is natural resource icon verses natural resource icon, with a vote and no clear answers ahead. >> i said it was a tangle mess, and this won't necessarily untangle it. on the pebble mine, and there is a lot of concern on both sides that people voting won't fully understand what they are voting for. it is a place of spectacular beauty, and valua

. 90% of the cadmium originated from the chat piles and 4% from the mines. for zinc, the split was about 30% from the chat piles and 50% from the mines. and for lead it is split almost equally. these trends vary throughout the year, and ongoing research will explore the importance of mine seepage and chat-pile runoff as sources of metal loading over extended periods. preliminary findings from these studies are giving us a betternderstanding of the very complicated heal and environmental problems associated with mining. while these findings will help this community better address health issues the value of the results is not limited to picher, oklahoma. hu: mini ng is a process that occurs all over the world. one of my great hopes is that the developing world will be able to use this information during the development process to leapfrog some of the worst excesses of our own society and go straight to a cleaner technology, a cleaner developmental model, that will allow their populations to reduce or prevent these exposures from happening from the beginning. n

i will get these mines open, i promise you. energy and mining. education and effective government. >> we have nine or 10 questions. i want to ask about the negative things some of your opponents have said. you side with corporations and hide your money offshore. how do you respond to critics who say you are wrong for minnesota? >> i am proud of my business career. i worked very hard. my dad grew up on a dairy farm. my dad was able to go to college because my uncle john paid for it. so i have been able to participate in the american dream. i have worked very hard. i will not apologize for it. i i am disappointed in al franken to run negative ads. every news organization has come forward and said they are false. i run a company headquartered here that pays income taxes in the united states. we can do so much better. i am so tired of politics as usual. i entered the private sector. i believe the single biggest issue is we created this class of politicians. i believe senator franken has become part of that class. he has voted with the president 97% o

there's nothing wrong with mining. one of things that a lot of folks point out is this mine is in the wrong place at the wrong time. >> in a lawsuit mine developers challenge the e.p.a.'s authority to act pre-emptively. that was thrown out, but developers promised a legal fight will continue, even if the agency stops the projects. >> complicating things, tommy and all alaskans face a ballot message giving senate the time say, possibility neutralizing e.p.a. action on this and other proposals. can we do both, preserve what's here and go into the grouped. >> we can. >> the pebble mine vote is confusing and ups necessary -- unnecessary, poll it sizing what should be a scientific process. >> it's hardly unfair for the state of alaska. for future job opportunities, it's an economically depressed region. >> pebble could provide 1,000 jobs and revenue. the same argument could be made for fishing. >> 2,000 permits and boats that can punish. four on each boat fishing. 8,000 jobs. add in the cannery workers. people tending the b

the decline in mining in that part of the country is dramatic. randall pinkston explains why. >> kentucky produces 8% of america's coal, just a fraction of what it was just a decade ago. in 2003, mines in kentucky produced a little more than 113 million tons of coal. by 2013, it was just under 80 million tons. why the big drop? tough p. regulations play a part but economics put pressure on kentucky. kentucky comb is more expensive than wyoming coal. a ton costs $70 in kentucky, but $10 if it's from wyoming. that's because it's easier and cheaper to get coal out of the ground in wyoming or north dakota. kentucky does not produce as much. 2.5 tons for every hour an employee works but in wyoming, it's nearly 28 tons an hour. most of the easy to reach coal in kentucky has already been tapped. in the west, it's still easy to dig up, because much of the coal is close to the surface. while mines in tuck tug are closing up shop, they're still digging in places like wyoming. >> as libby mentioned, kentucky has had one of the motor successful rollouts of t

they oppose the mine and see the epa as a potential savior. >> there is no alternative to mining. a lot of folks point out this mine is in the wrong place in the wrong time. >> in a lawsuit, the state of alaska challenged the epa authority to act pr act preempt. ballot measure would give the state legislature the final say on the project. possibly neutralizing epa action on this and future mine proposals in the area. can we do both can we preserve what's still here and still go after what is still in the ground? >> we absolutely can. >> in terms of pebble mine? >> absolutely, absolutely. >> mining interest says the pebble vote is confusing and unnecessary, politicizing what should be a science based process and could slow investment and development in the state. >> it is horribly unfair to the state of alaska what future revenue we could receive, it is horribly unfair to future job opportunities and people in that region. it is one of the most economically depressed fleedges our state. >> regions in our state. >> figure 2,000 permits a season 2,000 boats that can fish for salmon o

the decline in mining in that part of the country is dramatic.andall pinkston is here to explain why. >> reporter: kentucky still produces about 8% of america's coal but that's just a fraction of what it was just a decade ago. back in 2003, mines in kentucky produced 100 million tons of tons but 2013 it was 80 million tons. why the big drop? tougher ep regulations. we told you kentucky coal is more expensive than wyoming coal. easier and cheaper to get coal out of the ground in places like wyoming or north dakota. kentucky simply does not produce as much. just about 2.5 tons for every hour an employee works but in wyoming nearly 28 tons an hour. most of the easy to reach coal in kentucky has already been tapped while in the west it's still easier to dig up because much of the coal is close to the surface. so while mines in kentucky are closing up shop they're still digging in places like wyoming. >> randall pinkston, thank you. as libby mentioned, kentucky has had one of the most successful rollouts of the affordable care act. despite that obamac

they oppose the mine and see the epa as a potential savior. >> there is nothing wrong with mining. one of the things that a lot of folks point out is that this mine is in the wrong place at the wrong time. >> in a law enforcement mine developers and the state of alaska challenged the epa's authority to act preemptively. that lawsuit was thrown out but developers promise the legal fight will continue even if the agency stops the project under the provision of clean water act. complicating things in the midterm elections alaskans face a ballot measure that will give the state legislature the final say on the project possibly neutralizing the epa. some say the vote is unnecessary, politicalized as a science-based process and could slow investment and development in the state. >> it's horribly unfair to the future of alaska and the jobs opportunities. >> reporter: pebble could provide a thousand jobs and hundreds of millions of dollars in revenue for the state. but the same argument could be made for fishing. figure 2,000 permits a season. 2,000 boats who can fish for salmon on bristol

be coal mining is a dangerous job. i have been in the coal mines. i just wish that my opponents billionaire backers would have invite to go into our coal mines and see what it is like. perhaps they will get there to hundred dollar manicure thing was a little duster. at least they would learn what coal mining is like. this is what it is about. being with our coal miners and whose side you are on. being with our working families in the state. whose side are you on? i am very proud of my record. that is why i have been endorsed. i am proud of senator joe manchin calling nick rahall a straight shooter. that's what these ads are all about. outsiders running their own hidden agenda. >> thank you. senator jenkins. >> i wonder if nick rahall, when andas with those widows first re-squanders, that tragic incident. explosion,er the ubb while they were still in search and recovery, nick rahall went and sold his corporate ownership in massey. after the you bb explosion, nick rahall, instead of consoling the widows, instead ,f helping the first responders it must

she's going for the coal mining industry.s in coal mining industry. >> but many people, like donald farmer and c.b. bennett, are deeply suspicious due to her party affiliation. >> she's actually said that she's for the coal industry, the coal people. but she can't prove that to me. about anything she says i can say that hogs can fly. >> still, it's not as if mcconnell has closed the deal. there's plenty of suspicion of republicans as well. >> if he wants my vote or a lot of these people's votes here in these mountains, we are going to have to see something visually done. talk's cheap. talk's real cheap. >> he has voted against raising the minimum wage which would drastically needed during these times of hardship. he's also voted against extending the unemployment benefits for the coal miners that are out of work. >> when people lost their unemployment check here, they lost something. they lost what was paying their bills. they lost what it was taking to go out and try to find another job. no. no. >> we've been lied to so much

gentlemen, where do you stand on copper nickel mining? can mining? can it be done save? to have any confidence and not at all? mr. sandman, and this is your issue. we'll start with you, sir. sandman: no, you cannot be done safely at this time. we do not have the science for that. so i opposed that wholeheartedly because i know what it can do and what it will do. that's very british columbia 5 billion gallons of toxic waste into the river. the technology to mining is proposing for containment for that polluted water. it is already in the mine into the watershed. so i don't support that at all. but what i do support is the northern lights passenger train. i think my opponents will agree we need to get money by the congress. we need to stop giving subsidies to the corporations. we need to have the corporations start paying their darn taxes. now we can redirect some of that funding into northern minnesota so that we can go on with other projects that are less environmental deadly. and we talk about 200 to 300 jobs. northern lights we were talking about the other day, 13,800

there, there might be a mine here. instead of continuing. he stops and begins to reverse. the entire federal fleet, like a traffic back up, begins to back up under the guns of four morgan. when i say under the guns of fort morgan, if we are the federal fleet, fort morgan is the spotsylvania court house it is that close. with those heavy naval guns, that is point-blank range. the gunners begin to flay into these federal ships. this is the moment where the human factor and leadership on the federal side makes a difference. farragut, who is in the rigging of his ship and has been lashed to it for his safety, sees what is about to happen and can see the disaster not five minutes away. he calls down to the captain of the hartford, turn left, go around the ironclads. go around the brooklyn. get into mobile bay. signal the rest of the fleet to follow. but sir, the torpedoes! here is the immortal word. you all know what is coming. torpedoes! he turns to the captain of the ship. full speed! these two ships, acting in concert, t

rangers want sustainable mining. this is a new kind of mining.doing to help get permits. important to our state. we need sustainable mining. >> can metals mining be done safely? ?> did you say nine years i want everyone to know i will fight for minors. over 2t it has taken million dollars in regulatory review is not acceptable. it is crazy. i remind you the democratic had the opportunity to put forth in a platform that they support mining, and they didn't. actions andnken's not his words. times onitten multiple because he is connected at the hip with extreme environmentalists. i am tired of this that you are for the environment or for jobs. you can do both. i do not want to do anything that would harm our 10,000 lakes. we have a process that has taken nine years and we still do not have an answer. this is lunacy. says they're okay with the process. they have to say that. in regulatory limbo. they can't tell was they really think. the it's been a reasonable process. absolutely not. we have to demand that this be efficient. we need effective govern

but he doesn't actually mine the gold himself.his claims to larger companies and keeps a royalty. ryan says he expects digging to begin in a few years. seven million ounces at today's gold prices, what would that be worth? >> ryan: it's probably close to $10 billion. >> bob simon: $10 billion? but that's not for you? >> ryan: no. >> bob simon: out of that, you'd only get 1% or 2%. >> ryan: that's right. >> bob simon: and what would that make? >> ryan: might be in close to $100 million range. >> bob simon: yeah, that's... that's our arithmetic as well. >> ryan: that's how your math is working. >> bob simon: it is math, but shawn ryan says it's also a poker game- a game miners like because it's just another way of playing the odds. >> ryan: if you play one blackjack game, the probability you're going to lose. if you play 20, if i'm lucky, two or three are going to be a winner. >> bob simon: and that's enough? >> ryan: and that'll pay for the... the moose pasture that i walked over and didn't find anything. >> bob simon: moose pastur

, the copper, nickel mining. people say government is dragging its feet, it's taking too long, it's taken nine years. there are folks who say it can't possibly be done safely. gentlemen, where do you stand on copper nickel mining? can it be done safely? do you have any confidence in that at all? and mr. sandman, this is your big issue. we'll start with you, sir. sandman: no, it cannot be done safely, not at this time. and even though we do not have the science more that. so i oppose that wholeheartedly because i know what it can do and what it will do. just about a month ago a mine up there in british columbia broke and dumped five billion gallons of toxic waste into the river. no, it's the same technology that the mining is proposing, and make a containment field for that polluted water. but where they're looking at putting that is already in a mine that is already leaking into the watershed. so i don't support that at all. but what i do support is the northern lights passenger train. i think my opponents will a

a lot of folks point out is this mine is in the wrong place, at the wrong time. >> in a lawsuit, mine developers and the state of alaska challenge the e.p.a's authority to act. that lawsuit was thrown out by developers promised the legal fight will continue. even if the agency stops the act. complicated things in the midterm elections tommy and all alaskaian face a ballot measure that would give the legislature the final say on the project. possibly neutralizing epa action on this and future mine proposals in the area. you can see more of his reporting tonight, again at 11:30 here on al jazeera america. other stories happening across america today, let's get you to iness. >> dozens of people injured after a freight train collided with a site seeing train in arkansas. it is still not clear what caused the accident, the collision left around 300 gallons of oil leaking fromming the trains. at least 44 passengers and crew members were injuries six of them krisly. it was part of a lawsuit into the city's new equal rights ordinance. the city wanted to know what they were telling the con gre

they say the padlock is mine. they can't even prove it's mine. >> have a seat. >> i believe i probably have a pretty clear understanding of due process. i'm not certain that he does. we have met that requirement. >> by this being a serious issue, you know what i'm saying, you would think they would take a serious look at, you know what i'm saying, of what really happened. >> it's only a matter of moments before the judge is ready to render a decision. >> mr. bullock, my finding is assault with a weapon, that is a class "a" violation. accountability for that is 365 days of disciplinary detention and a forfeiture of 365 days of current time. you may also be required to pay medical costs associated with this incident. you've been locked up for six days awaiting this hearing. i'll give you credit for those six days. you get 365 days. you may go. [ narrator ] mama sherman and the legion of super fans. wow! [ narrator ] on a mission to get richard to his campbell's chunky soup. it's new chunky beer-n-cheese with beef an

this is a new kind of mining. we've been mining iron ore on the range from 120 years. i just help expand what we're doing by giving, helping get them permits. mining is so important to our state. we need sustainable miners -- sustainable minds, sustainable mining. that's what i'm for. >> mr. mcfadden, can metals mining be done safely? mcfadden: did you say nine years? nine years, right? i went ago industry to note here today that i support michael that i will fight for miners, i'm an advocate to get these mines opened. the fact that this is taken nine years and over $200 million in regulatory review is not acceptable. it is crazy. it is crazy, and i remind you that the democratic party in this city three months ago had the opportunity to put forth any platform that said they support mining, and they didn't. and watch al franken's actions, not his words. he has done nothing in six years to accelerate the review process of polymet. he has wrote multiple times to the fcc and the fcc on condition issues that is not thought for miners and he won't because he is connected at

need that mine up there. so -- much.nk you very representative nolan on precious mining, sir. >> first of all, ire

this is in a mining context.e talking about a couple of years in order to really see that pushed all the way through. >> are the chinese going to want to pay more for their iron ore? >> they have a conundrum. they sat on it and push the point -- price of iron ore through the floor. they are upset with that position. they wanted more than that. let's put this in the table. he gives them some money. anyays that he doesn't have interest in these massive projects. he will gamble it will not be able to get this away in a country like any. you're going to try. the price will be higher over the intervening. while you try to do it. i won't subsidize your steel ambitions. if you wanted, go and do it. >> thank you very much. it was nice to see you. we should mention that the an executive director. rocket skates are the latest futuristic trend in urban travel. check this out. well they take off with consumers? we'll find out later on the program. ♪ >> good morning. welcome back. you're watching "the pulse." business leaders

one of two overlapping mines, but one or two cost energies. i think it's a strong rationale for the -- a strong industrial rationale for the deal. >> do you think these mining stocks are rallying on the hopes that some day a deal will come to fruition? >> i think rio tinto is up because of that. i think angelo is up because that is another potential target for glencore. and i think glencore is up because generally, from the few miners that has a good track record in deal making, whereas most other miners don't. so that is why i think those three stocks are up. >> interestingly enough, all of these mining stocks have been hurt by weakening demand from china. but the local aussie/dollar has fallen around 7% against the u.s. dollar. has that helped offset weak demand from china at all? >> absolutely, yes. the australian miners and low australian dollar means lower costs for those miners. generally speaking, the impact of that cost saving is lower than the commodity price impact. so if iron ore prices go down historically 10%, the cost from curren

. >> more than half of these coal mines are silence that shut down when the conflict intensified area the country badly needs coal for heating and generating power. they won't be enough. >> 70% of our minds are not working. they are destroyed. the heating company is destroyed. the roads are destroyed. >> a few men carry out repairs but most of the workforce is out on unpaid leave. some maintenance work underground, but there is a shortage of explosives. distribution is also a problem with transport disrupted by fighting but the government no longer has a say in what happens. it is one of 40 run by the people's republic. >> a majority are now in rebel hands. it will run the facilities that are then once they are prepared. that leaves key of with a huge problem. it has to import tons of coal from south africa. >> they are working to restart production on their terms. >> ukraine will be without coal. why should we care about their problems? we can produce enough for ourselves and for our partners that are ready to work with us. >> the suggestion is that russia may be a potential recipien

and the gold mining, it had three different periods of mining activity.hat initial boom in the beginning, and then things kind of quieted down during the civil war years. and it didn't start up again until 1872 when the discovery of telluride brought in a new influx of people. at that time the miners brought their families, they brought their wives, they built roads and schools and churches and brought civilization to the west. one of the things that distinguishes boulder from other frontier communities, particularly in colorado, is its emphasis on higher education. boulder was founded in 1859, but as early as 1861, one of the territorial legislatures spoke up and asked that the university be in boulder n. 1876 it was founded after boulder residents came together and donated land and donated money. and it started in just one building. they called it old main. it's still there. but it had everything. it had classrooms, it had the chemistry lab, and the only thing it didn't have that first year were college students because nobody could pass the exam to get

we will get back to the mining issue in a minute. i'm going to offer each of the candidates a chance for a one minute rebuttal if they want it. on these negative type stereotypes and responses. congressman nolan, would you like . nolan: i would. mr. nelson says he's never been a government program that works. stewart complies that you might want to take a look at social security. might want to take a look at medicare. i know your pop party platform calls for advertising and abolishing both of them. most people agreed they work quite well. with regard to clean air, clean water, our member when they had to haul clean water, drinking one into duluth because the water was so polluted. i remember when the lakes and rivers were so polluted that they were catching on fire and acid rain was destroyed our forests and lakes. i don't apologize for supporting clean water and clean air. i have a good environmental record, and i don't apologize for that. as for the ack, my goodness, you know, people with cancer -- aca, heart disease and parkinson'

tommy tilldon and others oppose the mine. >> there is nothing wrong with mining. one of the things that a lot of folks point out is that this mine is at the wrong place at the wrong time. >> in a lawsuit, mine developers and alaska challenge the e.p.a.'s authority to act preemptively. that lawsuit was thrown out, but the developers promise the legal fight will continue, even if the agency stops the project under provisions of a clean water act. complicates things in the mid term elections, tall my and all alaskans face a ballot measure that would give the state legislature the final say on the project, possibly neutralizing e.p.a. action on this and future mine proposals in the area. some say it is politicizing a science based project. >> it's horribly fair the state of alaska for future revenue, for future job opportunities and people that in region is one of the most economically depressed areas in our state. >> 2,000 permits a season, 2,000 boats can fish on bristol bay. four people on each boat finishing is 8,000 jobs. add in the cannery workers, people onshor

and in our signature segment, trying to bring new jobs to coal mining communities 50 years after l.b.j. launched the war on poverty. >> pbs newshour weekend is made possible by: corporate funding is provided by mutual of america-- designing customized individual and group retirement products. that's why we are your retirement company. additional support is provided by: and by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. from the tisch wnet studios in lincoln center in new york, hari sreenivasan. >> sreenivasan: good evening. thanks for joining us. during his weekly radio address today, president obama offered reassurances that ebola does not pose a major threat to the united states. >> what we're seeing now is not an 'ioutbreak' or an 'iepidemic' of ebola in america. we're a nation of more than 300 million people. to date, we've seen three cases of ebola diagnosed here. we have to keep this in perspective. as our public health experts point out, every year, thousands of americans die from the flu. >> sreenivasan: the

, mine." worried about the sea gulls on top of the car. >> oh, my gosh. >> one has his wings out like, hey. >> it's like an alfred hitchcock movie. >> they'll swoop on your head. it's good luck. they just take your food. they're just trying to survive. >> okay. let's close the car up, please. >> anybody who owned a dog knows dogs will beg for food. that's a puppy. this is a pitbull puppy just a few months ago. this woman is having jerky and the dog for the first time starts begging. >> you've got to nip that down. that's bad behavior. you don't want to promote that. >> this woman stands tough. she doesn't give in. >> no. no. >>> i think when we look back on halloween next year it will be defined by the epically disgusting full-on serial killer pranks that happen. we have another one here. it's a terrifying crowd with a chainsaw. >> this is taking it too far. >> i agree. when somebody calls the police and cops come in, they are going to shoot him. >> you can see they haven't removed the chain.

you know, normally gold mining is a really private thing.out how much gold you're finding or how you're doing or anything like that. and with gold rush involved, it's all out there on the table. and, yeah, it's strange. >> so you're obviously good at this, been very successful, even with your tender years. is it more of a question of luck or skill, though? what is that balance? what goes into being a good gold miner? >> yeah, there's very little luck. you can happen upon some good ground and get lucky, but, you know, over the long-term, if you're good at what you're doing -- the guys that are good -- >> what does that mean? >> just like being efficient and moving dirt, you know. and knowing how to basically all we do is move dirt, right? moving dirt from point "a" to point "b." there's a lot of things that go into that picking ground you're going to mine. we have about 5 square miles of ground to mine, right. >> how do you know where to go? >> exactly. that's the question. >> you don't know -- >> you can throw a dart at a board or do a lot o

it has been a wild ride or metals and mining industry -- gold down 20% this year. 4% in october alone. joining me for today's sector report is the senior metals and mining analyst or bloomberg providing research on the industry. what is behind this rob smart >> the problem is the dollar. the dollar has had an incredible ride since august and the problem with why is the dollar is rising, the reason is the rest of the world is having all sorts of problem's. year's steel demand this will probably down from last year. forget about 7% growth, they're having all sorts of problem. europe is having problems and why the u.s. dollar is the tallest midget year, if i am a metal producer and i look at the world, things suddenly looked really bleak for these guys and that's why they are having all sorts of problems this year. ore gave themron a chance to go after rio. with the deal on hold, if they could turn to other targets, what does the deal activity mean for the rest of the mining sector is to mark >> because you have seen metal market so week for the last two or three year

those of the detonators of the mines going off. the mines have been there 18 months and they are waterlogged. none explode. pushes into the mobile bay and at that point gets into a running fight with the css tennessee s buck buchanan comes out from behind four morgan. will result in the three gunboats with the tennessee either being sought, driven off, or captured. both sides disengage, farragut to the north, buck buchanan back to the guns at four morgan. farragut anchors, fully expecting to have a few minutes to assess damage and plot his next move. buck buchanan at this moment under the guns of fort morgan has all of the advantages. he can steam west and block farragut's rich readout of mobile bay. he can stay under the guns and force very get to go after him, both engaging the fort and ironclad at the same time at great advantage to the confederacy, or he can just sit tore and wait for farragut do something and act as necessary. either way, he has the advantage. for the third time in the civil war, buck buchanan allows his passi

. >> this next question will begin with miss left and regards mining in british columbia. proposed large, scale mines in british columbia have raises concerns about the potential impact on southeast alaska's fish stocks and other resources. how can the state of alaska ensure our southeast alaska resources are protected from any ill effects from bc mines? >> that's an ex-len question. -- excellent question, especially that we're looking at the pebble mine that is also going to be impacting fishing in the bristol bay area. we're looking at what happened in canada, and there has -- canada had a treaty. they've had a treaty with us 1909. they were supposed to be taking care of the damage they're doing, and when there's pollution that comes from their mine operations into our waters, it interferes with our fishing industry because we are known for our pristine waters, and this is an important piece -- makes a really bad image. and the -- so i think that we need to hold canadians responsible for what is going on. and we need to act in that way. we need to force coalition with th

they mine data. they put in place -- dwch the stock symbol. what i like best about this company, they got a lot of the ibm exexecutives to come over and run this company. they're doing a lot of these strategic partnerships on the private sector level and the government level. >> nice. nice. israeli/french. nice system. it's an avr. i love it. it crosses over data mining with security compliance, regulation. this is data mining to see how many phone calls is somebody making to the emergency services. how many trips is someone making on flights? charles: they mine it all. is there one you like? >> click technology. i think you recommended it a month ago. so basically take that data. mine it for you and tell you what you need to know of it. they're fantastic. charles: i like data pdata. it was down a little, but it's up from the last time. i like click. looks like it's on the verge of breaking out. you've taken the first steps. you've bought a stock. you bought one of the stocks. you made money, but mistakes are lurking right around the corner. t

they have been hitting in on owning mines.ould give them huge scale because rio is the second-largest iron ore exporter so they would have that as well and have that chinese connection. you think in terms of market cap . i just checked, glencore has 71 billion and rio 90 billion. the biggest miner out there right now is bhp with a market cap of $150 billion. a glencore rio combined company would be $160 billion of this would create the biggest mining company in the world. the question is what would be the trigger for a deal because as you can see, glencore in terms of market cap, surprise. if you look at iron ore prices they have been plummeting. in addition so has the share price of rio, down 12%. not quite there perhaps. that the a note saying iron ore share prices have to drop to $70 per metric ton for this to make sense and in addition the prospects for glencore's monday trading business would have to improve that much as well before this deal would make sense. -- that is dying during the negotiation, they have to overcome