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  • July 24- The steel-making coal market needs to cut another 10 million tonnes of production to get into balance, the chief of Teck Resources Ltd said on Thursday after the Canadian miner reported a sharp fall in profit, mainly due to weak coal prices.

  • "Results were better than expected, with solid operating results in coal and copper," RBC Capital Markets analyst Fraser Phillips said in a note to clients. Teck cut its 2014 copper cost forecast to between $1.95 and $2.05 per pound from $2.00 to $2.20 a pound.

  • July 24- Canadian diversified miner Teck Resources Ltd reported a 44 percent drop in quarterly earnings, mainly due to "significantly" lower coal prices. On an adjusted basis, Vancouver- based Teck's earnings fell to 13 Canadian cents per share from 34 Canadian cents per share.

  • Alaska tourist train halts runs after derailment Thursday, 24 Jul 2014 | 4:09 AM ET

    The derailment occurred during the Wednesday afternoon run of the White Pass& Yukon Route tourist train, which goes from Skagway, Alaska, into Canada. Medical workers went to the scene, where responders outnumbered the injured, said Jeremy Zidek, a spokesman for the state Department of Homeland Security and Emergency Management.

  • 17 billionth barrel flows down Alaska pipeline Monday, 21 Jul 2014 | 3:45 PM ET

    JUNEAU, Alaska— The trans- Alaska pipeline has moved its 17 billionth barrel of oil. The operator of the 37- year-old pipeline, Alyeska Pipeline Service Co., announced the milestone Monday. The pipeline runs from the prodigious North Slope to Valdez, from where tankers are shipped.

  • Companies file export application for Alaska LNG Monday, 21 Jul 2014 | 1:49 PM ET

    JUNEAU, Alaska— The companies pursuing a major liquefied natural gas project in Alaska have applied for an export license with the U.S. Department of Energy. Participants in the project include BP, ConocoPhillips, Exxon Mobil Corp., TransCanada Corp. and the Alaska Gasline Development Corp..

  • *U.S. National activity index June at 1230 GMT. LONDON, July 21- Copper steadied on Monday as risk-hungry investors saw value in a metal whose price lost 2.4 percent last week, though worries over China's property sector and a build-up of copper stocks kept gains in check.

  • HOUSTON, July 21- California refiners remain far behind peers elsewhere in the country in replacing expensive imports with cheaper North American crudes from a new production boom. More than half of the 1.7 million barrels of crude processed by California refineries each day is imported, largely from Saudi Arabia, Ecuador, Iraq and Colombia.

  • VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.

  • NEW YORK, July 20- A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Company on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on Sunday.

  • NEW YORK, July 20- A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Company on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on Sunday. A Florida state court jury decided the award in a case brought by Cynthia Robinson of Pensacola.

  • Alaska's largest paper undergoes name change Friday, 18 Jul 2014 | 6:51 PM ET

    The Anchorage Daily News will officially become Alaska Dispatch News. Hopfinger said he had great respect for the Anchorage Daily News, and he moved to Alaska in 1999 to work there as a business reporter. He said he heard the stories of the newspaper war with the now-defunct Anchorage Times, and the Daily News' Pulitzer Prizes.

  • "The science is clear that mining the Pebble deposit would cause irreversible damage to one of the world's last intact salmon ecosystems," said Dennis McLerran, regional administrator for the EPA, in a statement.

  • The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.

  • July 18- U.S. environmental regulators laid out proposed protections for Alaska's Bristol Bay watershed on Friday, outlining restrictions that would effectively block the development of the Pebble deposit, which could be one of the world's largest copper mines.

  • Ranking US states by job creation in past 5 years Friday, 18 Jul 2014 | 11:06 AM ET

    WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.

  • Obama opens Eastern Seaboard to oil exploration Friday, 18 Jul 2014 | 10:09 AM ET

    The U.S. Bureau of Ocean Energy Management disclosed its final approval first to The Associated Press ahead of an announcement later Friday. The approval opens the outer continental shelf from Delaware to Florida to exploration by energy companies preparing to apply for drilling leases in 2018, when current congressional limits are set to expire.

  • Alaska unemployment rate hit 6.4 percent in June Friday, 18 Jul 2014 | 9:03 AM ET

    JUNEAU, Alaska— Alaska's unemployment rate stood at 6.4 percent in June. That compares to the revised May rate of 6.3 percent and a seasonally adjusted rate of 6.6 percent in June 2013.

  • EPA proposal could block huge Alaska mine Friday, 18 Jul 2014 | 8:32 AM ET

    The announcement came as the EPA was being sued by Pebble Limited Partnership, the group behind the proposed Pebble Mine, and the state of Alaska for allegedly exceeding its authority.

  • Eclectic mix of donors in race to succeed Cantor Friday, 18 Jul 2014 | 7:12 AM ET

    WASHINGTON— The race to succeed House Majority Leader Eric Cantor has attracted donations from Sarah Palin and Emmy-winning TV producer Jonathan Littman, as both Republican and Democratic candidates reap the benefits of Cantor's upset loss in last month's GOP primary.