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The Latest Breaking News from Mining

The Case for Rising Silver Prices Remains Compelling

Silver has traded in a $6.37 range in 2023, with the low at just under $20 and the high at $26.20 per ounce. Silver looks great at the trading band’s top end and lousy when the price drops toward the range’s low end. On August 23, silver prices were in…

Barchart

Aussie miner soothes Barrytown fears

TiGa Minerals and Metals downplays community concerns about road hazards and environmental risks from a proposed West Coast sand-mining operation.

Newsroom.co.nz

Pennsylvania Battle Over Climate-Warming Crypto Mines Intensifies

Legislation aims to rein in an unregulated industry with ballooning environmental effects.

Capital & Main

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1 Mining Stock to Buy, 2 to Sell on Gold Price Weakness

As gold futures back down from their latest attempt to find a foothold over $2,000 an ounce, here are three mining stocks that have diverged from the performance of the precious metal.

Barchart

No Line Reading Involved: Cipher Mining (CIFR) is a Pure Risk-On Trade Right Now

While the smart money may have been clever in disguising its blockchain trades, for Cipher Mining, you can take the current options activity in CIFR stock at face value.

Barchart

Congress MLA T.B. Jayachandra says NICE Road is infructuous, suggests Karnataka government take over project

A voluminous 392-page report prepared and submitted to the State Government in December 2106 by a legislature panel headed by T.B. Jayachandra had indicted NICE for violation of the Framework Agreement (FWA), excess land acquisition, levying toll without laying a concrete road, and illegal mining, among other issues.

The Hindu

Farmers from flood-ravaged northern States to gather in Chandigarh to press for special package, compensation from Centre

Farmers from flood-ravaged States to gather in Chandigarh to press for compensation from Centre. 16 farmer outfits demand immediate release of compensation for flood victims, special package of Rs 50,000 cr, Rs 50,000/acre for crop loss, Rs 1 lakh for cattle loss, mining of fields, loan waiver for 1 year

The Hindu

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All the crowd shots from Knights sold out game

Newcastle came home with a thundering win against Rabbitohs, cheered on by a whopping crowd.

Newcastle Herald

US cancels visas of 100 more Nicaraguan officials for their role in 'undermining democracy'

The U.S. State Department has imposed visa restrictions on 100 more Nicaraguan officials for their role in supporting the regime of President Daniel Ortega

The Independent UK

‘Rise up’: monks urge WA towns to fight minerals exploration in vulnerable Jarrah forests

After seeing off a bid to explore near the Bodhinyana monastery, the forest monks are encouraging others to ‘keep the pressure on’

The Guardian - AU

Yuva Galam padayatra rejuvenates Telugu Desam Party cadre in Guntur district

The Yuva Galam walkathon by party national general secretary Lokesh concludes in Guntur district; among others, he has promised that the TDP, upon coming to power, will complete construction of Amaravati capital city as per the master plan within three years, provide safe drinking water, generate employment, and check illegal…

The Hindu

The issue is not about India’s GDP, but its JDP

There is a big dissonance between GDP growth and its translation into actual jobs and incomes for people

The Hindu

‘Fighting a huge monster’: mine battle in Guatemala became a playbook for polluters

Indigenous defenders opposing the Marlin mine were criminalised by a corporation and its state allies

The Guardian - UK

The former Afghan soldiers turning to gem mining to survive

In remote Nuristan province, some mine to support their families after losing their jobs when the Taliban took power.

Al Jazeera

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The Independent UK

Rescuers recover 33 bodies from a landslide at a Myanmar jade mine, with 3 people still missing

Rescuers have recovered the bodies of 33 people from a landslide at a jade mine in northern Myanmar and are searching for three people believed to be missing

The Hindu

Kerala Minister Mohamed Riyas slams journalists

Minister P.A. Mohamed Riyas said journalists have a tendency to follow their employers' political interests, which he observed after reporters raised questions about a Kochi-based mining company's alleged backhanders. He made this statement during Independence Day celebrations in Kannur, adding that media had hounded the LDF govt from 2016-2021, but…

Space

Space mining company developing nuclear reactor and more for moon projects

NASA astronaut Drew Feustel just joined a Canadian space mining company to map out strategy. It's the richest time we've seen in decades for space projects, he says.

The Independent UK

Abandoned $4.2m mansion of ‘crypto millionaire’ discovered

The sprawling property is complete with a wooden spiral staircase, an indoor hot tub, and a room for mining Bitcoin

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The Guardian - UK

Driving out the rainforest invaders: crackdown on illegal mining brings hope after Bolsonaro era

Ibama agent Hugo Loss says he and his team have neutralised mining equipment in Operation Xapiri

Fortune

How a crypto startup raised $81 million with no product, no customers, and just a pitch deck

Hardware companies often require large amounts of capital before they can even show off a prototype, infrastructure investors said.

The Hindu

Hemant Soren unlikely to appear before ED on August 14 for questioning in money laundering case

The 48-year-old Jharkhand Mukti Morcha leader was interrogated for over nine hours by the ED on November 18 last year in another money laundering case linked to alleged illegal mining in the State.

The Hindu

PMK slams Centre, State over mining by NLCIL

The Hindu

KMML hands over dividend of ₹6.18 crore to govt.

KMML hands over Rs 6.18 cr dividend to Kerala govt; profit of Rs 89 cr highest in unit's history. Upgradation of plant in 2019, sourcing of mineral sand from Thottapalli, appointment of 783 direct contract employees in mining areas solved labour issues.

Reason

Biden's New Grand Canyon Monument Will Hamper Clean Energy Production

The designation will prevent new uranium mines in a lucrative area.

The Hindu

Top news developments in Karnataka on August 11, 2023

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