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The Latest Breaking News from Mining

Foxconn to apply for India chipmaking incentives after pullout from Vedanta JV

NEW DELHI: A day after it withdrew from a $19.5 billion semiconductor joint venture with mining baron Anil Agarwal's Vedanta Ltd, Foxconn said it plans to apply for incentives that India is offering under its semiconductor manufacturing policy.

The Times of India

Indonesia’s electric battery hub bid clouded by mining deaths

Safety standards in Southeast Asian country’s nickel mining industry are under scrutiny after spate of fatal accidents.

Al Jazeera

UN debates deep sea mining as countries and companies now allowed to seek provisional licenses

A U.N. agency tasked with regulating the deep sea is debating whether to open the Earth’s watery depths to countries and companies that are now allowed to start applying for provisional mining licenses

The Independent UK

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Options Traders Send a Worrying Signal About Cipher Mining (CIFR)

With economic data not really moving favorably for Cipher Mining and the underlying cryptocurrency market, investors need to be cautious about CIFR stock.

Barchart

The race to defend or delay deep-sea mining

The UN’s International Seabed Authority (ISA) has begun a crucial round of negotiations in Jamaica to try to reach agreement on the rules governing deep-sea mining, a day after companies were allowed to file for permits to mine the oceans. Defenders of the deep are also ramping up their efforts…

Radio France Internationale

UK should press pause on deep-sea mining, Labour says

David Lammy says Labour government would join growing list of countries and multinationals opposing rush to mine the seabed

The Guardian - UK

‘I lost six people’: South Africans mourn latest mine tragedy

South African authorities have promised to tackle illegal mining after gas kills 17 people, including three children.

Al Jazeera

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4 Coal Stocks to Power Up Your Investments

The coal industry enjoys robust demand, especially in developing economies. Hence, fundamentally strong coal stocks China Shenhua Energy (CSUAY), CONSOL Energy (CEIX), SunCoke Energy (SXC), and Hallador Energy (HNRG) might be solid buys. Read more.

StockNews.com

Brazil says illegal miners driven from Indigenous territory, but ‘war’ not over

Country’s top cop said 90% of miners despoiling Yanomami land had been expelled, though experts say they are only displaced

The Guardian - US

Mining industry records 13% drop in turnover

Mining was the only industry to record lower revenue.

Newcastle Herald

Nauru prepares to mine deep seas in big climate controversy

Nauru sees rare earth metals as key to the green transition. But mining them could threaten vital marine ecosystems.

Al Jazeera

Climate scientist Maisa Rojas: ‘I have a mandate to be part of Chile’s first ecological, feminist government’

Chile’s new environment minister on reconciling green goals and the realities of government, and why she wants her developing country to be a global climate pioneer

The Guardian - UK

Future of deep-sea mining hangs in balance as opposition grows

Ireland and Sweden join countries calling for moratorium on extraction of metals from seabed as UN-backed authority prepares for crucial talks

The Guardian - UK

Rehabilitation of Australia's oldest open-cut mine gets under way

Muswellbrook Coal Mine site will be transformed into a clean energy hub.

Newcastle Herald

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StockNews.com

2 Coal Stocks to Buy in July, 1 to Watch

While the transition toward renewable energy resources is underway, the increased demand from emerging economies will likely keep the demand for coal robust in 2023. To that end, loading up the shares of China Shenhua Energy (CSUAY) and CONSOL Energy (CEIX) could be beneficial this month, while Peabody Energy (BTU)…

The Guardian - UK

The biggest gold rush in history is about to start in the deep sea – leaving devastation in its wake

Applications to mine the seabed in our ocean commons can be made from 9 July, says Guy Standing, author of The Blue Commons

Chronicle Live

Durham Miners' Gala guide as huge crowds expected for spectacular event on Saturday

Banners, bands and the Big Meeting - the annual celebration of our mining history will be back in Durham on July 8

The Guardian - AU

Cook Islands PM ‘proceeds with caution’ on deep-sea mining as critics warn over risks

Deadline tied to the regulation of controversial plans to extract seabed minerals looms amid division over the practice

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The Independent UK

US senators seek expanded compensation for those exposed to nuclear fallout

U.S. senators from New Mexico and Idaho are making another push to expand the federal government’s compensation program for people exposed to radiation from uranium mining and nuclear testing carried out during the Cold War

StockNews.com

Should You Pay Attention to These 3 Precious Metal Stocks?

The industrial metal market shows significant prospects due to the move toward greater sustainability. However, amid prevailing macroeconomic challenges, should you add these three metals stocks, Rio Tinto Group (RIO), Southern Copper Corporation (SCCO), and Anglo American plc (NGLOY), to your portfolio? Let’s find out….

The Hindu

Shivamogga DC instructs officers to take action against illegal sand extraction and quarries

Shivamogga Deputy Commissioner R. Selvamani has directed the officers of the Forest Department to stop illegal sand mining activities reported in the forest areas of the district.

The Independent UK

The death toll from a South Africa gas leak blamed on illegal gold processing has risen to 17

The death toll in a toxic gas leak in South Africa blamed on an illegal gold processing operation in a settlement of closely packed shacks has risen to 17

The Guardian - UK

‘It is like a virus that spreads’: business as usual for Wagner group’s extensive Africa network

Despite Yevgeny Prigozhin’s rebellion against the Kremlin, his military contracts are proving too profitable to lose

Newcastle Herald

Dreampath opens Hunter Valley branch with 'elite' mining truck simulator

'It's a huge achievement and a real milestone.'

The Independent UK

Rights group reports allegations of dozens of abuses in critical minerals supply chains

A human rights advocacy group says it found allegations of dozens of labor and environmental abuses by Chinese-invested companies involved in mining or processing minerals used in renewable energy

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