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The Latest Breaking News from Mining

Big users bankroll new power to offset carbon footprint

Mining companies are among big energy users bankrolling wind farms and other renewable energy projects to offset carbon emissions.

AAP

In Tamil Nadu, yet another sand storm

Madras HC orders State to ensure sand sale only with approved building plan; TN govt rolls out SOP; illegal sand mining rampant, ED conducts searches, freezes ₹12.82 cr in cash, seizes ₹2.33 cr in unaccounted-for cash, 1024.6 gms of gold; TN police have little info on ED op; 2012 team…

The Hindu

Over 3,500 mining units halted operations in A.P. owing to burden of multiple taxes, says industry body

FEMMI's Ch. Rao urges A.P. govt. to meet stakeholders as 50,000 workers lost livelihood due to mining crisis. 10,000 workers of Srikakulam's granite industry unable to earn daily wage. Govt. has not implemented simplified slab system & reduced power tariff. Consideration Tax, 10-fold increase in dead rent & compulsory production…

The Hindu

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3 Safe Gold Stocks Pointing to Buy

Gold is often considered a safe-haven asset during economic uncertainty and is used as a hedge against inflation. Given a long-term robust outlook for gold on solid demand and rising prices, fundamentally sound gold stocks Alamos (AGI), Harmony Gold Mining (HMY), and Eldorado Gold (EGO) could be solid buys for…

StockNews.com

Congress cries foul over Vigilance inquiry against Kuzhalnadan

Cong. attacks Pinarayi Vijayan govt. for launching political witch-hunts against dissenters, whistle-blowers, Opp. leaders & journalists. Kuzhalnadan had attempted to bait Mr. Vijayan over corruption allegations against his daughter. Mr. Vijayan denied the imputations & alleged an Opp.-corporate media plot. Kuzhalnadan alleged political corruption by proxy & quoted IT consultancy's…

The Hindu

German police have long collaborated with energy giant RWE to enforce ecological catastrophe

In early 2023, the German village of Lützerath was the site of violent clashes between thousands of protesters and police who wanted to clear the village so it could be swallowed up by Garzweiler II, a huge opencast coal mine. In small groups, police forces charged into groups of protesters,…

The Conversation

Undermined: Mining process questioned

Business owners question the process that encouraged them to support the Avonbank Mine

The Canberra Times

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Emerging 'green premiums' for Aussie critical minerals

Seed money from Australia's green bank often goes to solar and wind farms but mining is recognised as having a "crucial" role in efforts to decarbonise.

AAP

Engineer-in-Chief calls for report on alleged irregularities in sand mining business

The Hindu

ED calls for details of sand sales in Tamil Nadu

ED probes illegal sand mining in TN; requests State Govt for details. Seeks evidence of companies, benami transactions, summons issued to suspects.

The Hindu

'Extreme disappointment' mining program slashed in NSW budget

'It's only fair that communities like Singleton be adequately compensated.'

Newcastle Herald

Lithium producer 'almost died' before leading the pack

Mining bosses have been warned to expect more scrutiny from regulators and investors as the critical minerals sector rides out a "tumultuous" period.

AAP

India is running out of phosphorus. Does the solution lie in our sewage?

Phosphorus is a non-renewable resource that we are rapidly running out of. This is a big problem because it is an essential ingredient in fertilisers – even as it is a major pollutant. We must address both problems with systemic change, not incremental steps.

The Hindu

CM meets media after a long break and fields a range of questions

CM Vijayan denied corruption charges, said IT forum had political axe to grind. He said anti-Left forces wanted to get to him. He denied accepting funds from mining firm, said Congress feared to demand criminal inquiry into alleged 2021 plot. He said no imminent Cabinet reshuffle, sought public support to…

The Hindu

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The Hindu

Krishnasamy seeks J.P. Nadda’s intervention to strengthen unity between AIADMK and BJP

K. Krishnasamy urges BJP's J.P. Nadda to intervene in AIADMK-BJP rift, focus on defeating DMK. Urges Nadda to visit TN, unite NDA parties. Leaders must show restraint, focus on removing DMK instead of war of words. DMK failed to implement 505 promises, illegal sand mining rampant. Time to remove anti-people…

Newcastle Herald

What the Hunter thinks of a 'slash and burn' first Labor budget

Despite four Hunter ministers, the region gained little funding.

The Independent UK

Ken Loach shines spotlight on plight of Syrian refugees in new film

The Old Oak is a story of two traumatised communities thrown together.

The Hindu

ED seizes fake sale receipts, QR codes used at sand depots in Tamil Nadu

ED seizes fake sale receipts, counterfeit QR codes and incriminating documents in illegal sand mining case. Rs 12.82 cr frozen, Rs 2.33 cr and 1,024.6 gms gold worth Rs 56.86 lakh seized. Searches conducted at 34 locations, incl 8 sand mining yards in 6 districts.

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StockNews.com

3 Profitable Mining Stocks Showing 'Buy' Signals

The gold mining industry is poised to reap the rewards from gold’s established reputation as a safe haven asset during economic turbulence and uncertainty. Therefore, given the current economic scenario, three quality gold mining stocks, Harmony Gold Mining (HMY), B2Gold Corp. (BTG), and Dundee Precious Metals (DPMLF), could be ideal…

The Hindu

Sand mining: ED searches conclude in Pudukottai district

The Guardian - UK

EU moves to cut dependency on China for battery and solar panel materials

Parliament votes to cut mining red tape and diversify its supplies of raw materials such as lithium and silicon

Evening Standard

FTSE 100 Live: Blue-chips close up almost 150 points, Arm Nasdaq shares above $60, ECB rate hike, THG tumbles

London’s FTSE 100 made some major progress today, driven higher by demand for mining companies after upbeat broker comment on one of the market’s biggest sectors.

Al Jazeera

Disappearances ‘speak to dangers’ of environmental activism in Philippines

Some 15 activists and community organisers have gone missing since Ferdinand Marcos Jr took power in the Philippines.

The Hindu

TN sand mining business comes under scanner

ED is probing allegations that a huge quantity of sand was sold offline and fake bills were issued to sand lorry owners in Tamil Nadu, and this caused a loss of GST revenue to the Central and State governments and the money thus earned was laundered

StockNews.com

3 Gold Mining Stocks to Take Advantage of ASAP

Gold shines as a safe haven in challenging economic times, providing more stability and consistent returns. With the possibility of additional interest rate hikes on the horizon, investors might want to seek sanctuary in robust gold stocks Barrick Gold (GOLD), DRDGOLD (DRD), and Gold Fields (GFI) for consistent returns. Read…

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