The Latest Breaking News from Mining

Moscow acknowledged on Friday that its forces had fallen back north of Ukraine's battlefield city of Bakhmut after a new Ukrainian offensive, in a retreat that the head of Russia's Wagner private army called a rout. 

Plus: Schools suing social media companies, a bitcoin mining tax is a bad idea, and more...

Unfortunately, only a fraction of GPUs used for mining are up to the task.

Some GPU cryptomining outfits, having survived a bleak winter of discontent, have started to grasp AI acceleration opportunities.

Chile's senate approved on Wednesday a long-awaited new mining royalty bill, passing it back to the lower chamber for a final vote that could come as early as next week.

Gold is usually seen as a safe-haven asset during troubled times. With rising concerns of a recession later this year, it could be wise to buy gold mining stocks B2Gold (BTG), Centamin (CELTF), and Dundee Precious Metals (DPMLF) to protect one’s portfolio against economic uncertainty and market volatility. Read more….

BARUUN-URT, Mongolia: Strong winds and heavy dust storms are frequent occurrences in Mongolia as the Asian country is facing worsening desertification and land degradation, with a steady decline in vegetation cover year by year.

Gold is considered the ultimate safe-haven hedge against inflation as its value tends to rise in an uncertain economy. Recently, gold prices crossed the $2,000 level and a record high is in sight. Amid a volatile economic backdrop, investors could buy quality gold stocks Endeavour Mining (EDVMF), B2Gold (BTG), and…

The prospects of blockchain companies are closely related to the cryptocurrency market. Given the high risk and uncertainty surrounding the crypto space, it could be wise to avoid fundamentally weak blockchain stocks Block (SQ), Riot Platforms (RIOT), and HIVE Blockchain (HIVE). Read more….

Ecuador's government is deploying soldiers and police in nine provinces to combat illegal mining, officials said on Monday, in a bid to stamp out the unlawful mines mostly targeting gold and copper deposits.

In the mining town of Karnataka’s Ballari, Congress leader Nara Bharat Reddy had tried to take first-mover advantage by launching his campaign months ahead of the state assembly elections, going door to door, promising a politics “without corruption” in the Bellary City segment.