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The Latest Breaking News from Mining

3 Gold Mining Stocks to Buy for More Upside

As gold futures solidify their footing above $2,000 an ounce, here's a look at three gold mining stocks that Wall Street expects to rally from current levels.

Barchart

High Court puts interim stay on soil extraction from Mattappally

Earlier, the Kerala government and the High Court permitted soil extraction from Mattappally. This led to huge protests in the region.

The Hindu

3 Standout Blockchain Stocks to Buy Ahead of Bitcoin's Big Year

Investors who expect more upside for Bitcoin can gain exposure to the digital asset by investing in mining companies set to benefit from the halving event in 2024, as well as the expected launch of multiple ETFs.

Barchart

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Mining billionaire Andrew Forrest in scathing attack on oil and gas industry

Australian magnate-turned-green-evangelist says companies that don’t stop burning fossil fuels will have ‘blood on their hands’

The Guardian - AU

'Economic vandalism': deal struck on Labor's same job, same pay laws

The mining union and Minerals Council of Australia are divided on it.

Newcastle Herald

HC adjourns Naidu’s bail plea in sand mining case to Dec. 12

Justice T. Mallikarjuna Rao adjourns anticipatory bail plea of TDP president N. Chandrababu Naidu in sand mining scam case to Dec 12. CID counsel seeks time to present arguments. Naidu held responsible for irregularities in 'free sand policy' causing loss to State exchequer. Petition states FIR based on 'predetermined contour'…

The Hindu

1 Gold Mining Stock Analysts Expect to Double

As gold futures run to new record highs this December, here's a look at one gold and silver mining stock under $5 that could have 2x potential over the next year, according to Wall Street forecasts.

Barchart

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DRC elections: three factors that have shaped Tshisekedi's bumpy first term as president

Africa’s second-largest country by land mass, the Democratic Republic of Congo (DRC), is scheduled to go to the polls on 20 December 2023. President Felix Tshisekedi will be seeking re-election. However, his first tenure has been decidedly mixed.

The Conversation

Kissinger’s obsession with Chile enabled a murderous dictatorship that still haunts the country

Noticing my nonappearance at the start of a black-tie dinner at the Johannesburg home of Harry Oppenheimer, a mining magnate and Africa’s richest man, the host assumed I was boycotting the event on principle. It was a reasonable assumption: I was the Chilean ambassador to South Africa, and Henry Kissinger…

The Conversation

IREL conducts skill development programme for youth from mining areas

IREL(India) Limited, under the Department of Atomic Energy, has completed a skill development course for 20 youngsters as part of its initiatives for inclusive growth under corporate social responsibility (CSR).

The Hindu

Lawmakers in Norway make a deal opening up for deep sea mining in Arctic

Norway’s government and two large opposition parties have agreed to allow seabed mineral exploration in the Arctic

The Independent UK

Offshore deposits enough to meet Kerala’s sand requirements for 25 years, finds GSI

GSI's Marine and Coastal Surveys Division found substantial deposits of construction grade sand off Kerala, estimated at 750 million tonnes, which can last 25 years. GSI is exploring potential of sea resources and will make an impact assessment before mining. Sand is of good quality and grade, with silica mixed…

The Hindu

Can This Underperforming Gold Stock Break Out in 2024?

Orla Mining stock is down more than 25% in 2023 despite a recent run-up in gold prices. Yet, analysts continue to remain guardedly optimistic about the stock.

Barchart

The death toll from a mining tragedy in South Africa rises to 13 after a worker dies at a hospital

The death toll from a mining tragedy last week in South Africa that involved an elevator at a mine has risen to 13 after a worker died at a hospital

The Independent UK

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France 24

Essequibo, the oil and mineral-rich region disputed by Venezuela and Guyana

A non-binding referendum in Venezuela has shown overwhelming support for the government's claims to Essequibo, a large swathe of land controlled by neighbouring Guyana. The land dispute between the two countries is over a century old, but heated up back in 2015 with the discovery of oil fields off the…

Newcastle Herald

Hunter coal's last chapters being written, but blank pages remain

Many things possible for Hunter's remaining players during mining transition

The Hindu

Residents to intensify protest against soil extraction at Mattappally

The day-night protest against the mining completed seven days on Sunday; residents fear that “indiscriminate’‘ mining would be detrimental to the environment and result in an acute drinking water shortage in the region.

The Hindu

NECL and Madhava Projects Limited flouted mining norms at quarries in Anakapalli district, Environment Ministry informs NGT

NECL and Madhava Projects Limited flouted mining norms at quarries in Anakapalli district, Environment Ministry informs NGT. Both the companies are liable to pay a compensation of ₹92.50 crore, the Environment Ministry says in its inspection report.

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Tom’s Hardware

Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages

Water needed for daily consumption is now tremendously used during every Bitcoin transaction.

The Independent UK

Nine killed and at least 20 injured after armed men attack Poderosa mining company in Peru

Seven people have been arrested

The Conversation

African countries lost control to foreign mining companies – the 3 steps that allowed this to happen

Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations. Since the 1990s, transnational corporations have once again become the dominant force as owners and managers of major mining projects.

The Guardian - UK

Deep sea miners turn water hoses on Greenpeace activists in the Pacific

Protesters have been using canoes and dinghies to obstruct deep sea mining exploration vessel between Mexico and Hawaii

The Hindu

Chinta Mohan faults ED, Center over “dual policy” on sand mining

.Former Union Minister Chinta Mohan criticized ED & Finance Ministry for dual stand on sand mining in AP & TN. He demanded notices to 15 AP district collectors & GST collection to curb smuggling & generate revenue. He called YSRCP's social justice claim ridiculous & predicted Congress sweep in Telangana…

The Hindu

Andhra Pradesh| CPI writes to Governor Nazeer seeking intervention on beach sand mining contracts in State

CPI urges Governor to stop beach sand mining in AP, citing threat to national security. Adani Group to get 92% of project contract, violating Union govt. restrictions. Mining of 6 minerals, incl. thorium, could lead to atomic power/bombs. Govts. disregarding laws, risking environment & tourism.

Newslaundry

Big media’s strange self-censorship of Cricket World Cup, and why it mustn’t now forget ‘rat-hole mining’

In the good old days, when print was king, people got all their news from newspapers. Depending on your preoccupations or interests, you could start with page one, or turn to the back of the newspaper. Page one, as now, consisted of headline news – mostly politics, some business, disasters,…

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