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The Latest Breaking News from Mining

100% Renewable Gryphon Digital Sets New Company Quarterly Hashrate Record In Q2 2024

Gryphon Digital, a champion of renewable energy resource in Bitcoin mining, has achieved a new company record in quarterly hashrate, moving forward with its commitment toward a future where sustainable operations are the norm.

International Business Times

GOP 2024 Platform Highlights Bitcoin Mining, Broader Crypto Industry Focus

Republicans have released a 2024 platform that placed crypto on top of two other innovation causes it wants to prioritize – the four crypto facets mentioned were previously championed by GOP presidential frontrunner Donald Trump.

International Business Times

Rescuers search for dozens buried in an Indonesian landslide that killed at least 11 people

Rescue workers are searching through tons of mud and the rubble left by a landslide that has killed at least 11 people in the devastated unauthorized traditional gold mining area on Indonesia’s Sulawesi island

The Independent UK

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Deadly Landslide Hits Unauthorized Gold Mining Site In Indonesia

Tragic landslide at an illegal gold mining site in Indonesia's Sulawesi island highlights risks faced by informal miners, urging improved safety measures.

Top News

Gold at $3,000? Here Are 3 Ways to Invest

Amid analyst forecasts for gold hitting $3,000 per ounce next year, here are three ways for investors to capitalize on this potential surge in the precious metal.

Barchart

Landslide triggered by torrential rain kills 11 people at illegal gold mine in Indonesia; 19 missing

A landslide triggered by torrential rains has crashed onto an unauthorized gold mining operation on Indonesia’s Sulawesi island, killing at least 11 people

The Independent UK

Energy and mining lead Australian stocks lower

The ASX200 fell 0.76 per cent during trading, with the energy and mining sectors the leading decliners on a drop in oil and iron prices.

AAP

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Senegal sets out to secure fairer partnerships in mining sector

Senegal's recently elected president, Bassirou Dioumaye Faye, has promised to renegotiate mining, gas and oil contracts signed with foreign companies. At a top-level summit in Paris this week, his mining minister set out how the new government plans to break away from old practices and alliances.

Radio France Internationale

‘We do the job just as well as men’: Ukrainian women take on coal mining

Women are moving into traditionally male jobs as the call-up of men to the war drives labour shortages

The Guardian - UK

Six Chinese nationals mining for gold killed in Congo militia attack

Beijing says several Chinese citizens missing after attack

The Independent UK

The State Of Bitcoin Mining – Miners Still 'Writhing In Pain' Months After Halving

It's been more than two months since the Bitcoin halving, but some miners are still struggling to stay afloat, especially as $BTC prices have been on a downtrend in recent weeks – how are miners these days?

International Business Times

1 Gold Mining Stock That's Winning Over Analysts

Ahead of the next leg higher in the gold price rally, here’s a gold mining stock with increasingly optimistic ratings from Wall Street experts.

Barchart

Australian shares rally as dollar hits six-month high

The ASX200 has risen 1.2 per cent to hit a nine-day high while the Australian dollar rose above 67 US cents for the first time since January.

AAP

1 Bitcoin Mining Stock That's Branching Out Post-Halving

Marathon Digital is a crypto mining company that is diversifying its revenue base by mining other digital assets, such as Kaspa.

Barchart

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International Business Times

Embattled Bitfarms Mines 189 Bitcoin In June Amid Ensuing Riot Platforms Clash

Bitfarms continues to operate as usual even with Riot Platforms' earlier attempts at a hostile takeover – it mined 189 Bitcoins during the BTC price downturn season and has been expanding operations.

Newcastle Herald

Fast-track: Muswellbrook pumped hydro declared 'state significant project'

The old mining void will be crucial to energy security.

Barchart

Is This Copper Mining Stock a Buy for Its Fat Dividend?

Southern Copper has a higher dividend yield compared to other copper mining companies. However, its valuations are also on the higher side, making a closer examination of the risk-reward necessary for prospective investors.

AAP

Governor-general hosts flood victims in first meeting

Governor-General Sam Mostyn has vowed to visit as many Australian communities as possible to listen to locals and deliver their messages back to those in power.

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Newcastle Herald

Hunter mine two-year extension approved one day after it was due to shut

The mines approval lapsed on June 30.

Newcastle Herald

HVO proposal sets out supportive path through transition

Anti-mining activists' disruption hindering net-zero progress says Hunter Valley Operations' boss

AAP

Quebec's electric avenue lures Australian mining talent

Aussies can bring expertise to Canada's critical minerals industry as it forges an electric avenue to battery manufacturers and car makers, the government says.

Tom’s Hardware

Nvidia-backed AI cloud provider increases use of cryptocurrency mining facilities — CoreWeave expands contract as miners pivot to AI

CoreWeave has already expanded a relatively new contract for data center capacity to meet accelerating demand for its AI cloud services.

International Business Times UK

Man Travels To Australia With Only $400 And Leaves $123K Richer Thanks To FIFO Jobs

With an array of career options available, Australia has become a hot spot for 'Fly In Fly Out' workers.

Barchart

Should You Buy This Stock Before Copper Gets Red-Hot Again?

Copper prices are in a correction zone after peaking in May. Freeport-McMoRan is one mining stock that stands to benefit from a recovery in copper prices.

AAP

Australian shares finish financial year up 7.8 per cent

The ASX200's early gains on Friday faded in the afternoon, but it still finished June and 2023/24 in the green.

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