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The Latest Breaking News from Mining

Glencore coal investors fire up ahead of annual meeting

Big investors are queuing up to quiz mining giant Glencore on how thermal coal fits with growing international ambitions to decarbonise electricity supply.

AAP

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Intel released a bulletin that announces it is ending production of all of its known bitcoin-mining Blockscale ASICs.

Tom’s Hardware

UK company mining gold in Amazon on disputed land

London-listed Serabi Gold extracting gold without approval of Brazilian land registry and Indigenous communities

The Guardian - UK

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Bihar officials attacked during inspection of illegal sand mining; 44 arrested

In a shocking incident, officials of the Bihar's Mining Department, including a woman, were beaten with sticks and attacked allegedly by sand mining mafia when they were conducting an inspection in Bihta town of Patna district. Read further on Dynamite News:

Dynamite News

Indigenous place of worship threatened

Resolution Copper is one court ruling away from destroying one of the Apaches’ holiest sites.

Salon

Protection sought for uranium-rich land near Grand Canyon - Roll Call

Tribal leaders want President Joe Biden to protect over a million acres of land near the Grand Canyon that contain uranium ore deposits.

Roll Call

Tin market spooked by Myanmar supply worries

LONDON: Tin prices have leapt higher on news of a possible production halt in Myanmar, the world’s third-largest producer of the metal.

Bangkok Post

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Taxidermy bird drones launched

Scientists are giving dead birds a second life by developing taxidermy bird drones. The team at the New Mexico Institute of Mining and Technology in Socorro is taking birds that have been preserved through taxidermy and converting them into drones in order to study flight. “If we learn how these…

The Week

Russian mercenaries in Sudan: What is the Wagner Group’s role?

The Russian mercenary group has been accused of plundering Sudan’s gold resources to bankroll operations in Ukraine.

Al Jazeera

3 of the Worst Stocks on Wall Street Right Now

The growing concerns about a potential recession, ongoing debt ceiling standoff, and predictions of prolonged high-interest rates might weigh on the US economy and stock market. Hence, it might be best to avoid fundamentally weak stocks CRISPR Therapeutics (CRSP), First Majestic Silver (AG), and McEwen Mining (MUX). Keep reading.

StockNews.com

How to get gold in Minecraft Legends

Grab gold from those greedy piglin invaders.

PC Gamer

Bondi man faces court after foreign interference charge

A man charged over alleged foreign interference is due to face a court in Sydney accused of giving information to spies purporting to be from a think tank.

AAP

Glencore follows other major miners in proposed separation of thermal coal from other operations

Glencore looks to spin off its Hunter coal mines

Newcastle Herald

Bacchus Resources amends Adelaide River exploration licence application

Mining company Bacchus Resources told the ABC and residents last week that it had withdrawn its licence application, but exploration maps made publicly available this week reveal its application has been amended, not withdrawn.

ABC News

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Daily Mirror

Mystery on board Blackbeard the pirate's shipwreck finally solved after 300 years

Blackbeard's ship, the Queen Anne's Revenge, was found in 1996 after centuries underwater surrounded by coal despite sinking in 1719 - more than 100 years before it was used on ships

Barchart

Using the Stock Screener - An Investors Swiss Army Knife for Investing

Plus, 3 stocks that are at the top of the list.

Asharq Al-Awsat

IRGC Retrieves Hundreds of Millions of Dollars from Abroad

The Iranian Revolutionary Guard Corps intelligence unit announced it retrieved $560 million in revenues from frozen mining sector exports abroad. The KhabarOnline news agency reported that the IRGC's public relations returned over 92 percent of the financial pledges to the Chadormalu Mining and Industrial Company in Yazd province, equivalent to…

ABC News

The mining sector made more than half of Australia's corporate profits, so why do economists want to ignore it?

Australia's mining sector has generated windfall profits over the past two years, the result of dramatically higher prices for fossil fuel energy, but has it driven inflation?

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news in one place.

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Barchart

Are Crypto Mining Companies Rising From the Ashes?

With cryptocurrency markets down around 80% over the past 2 years, crypto mining companies have seen their share price and earnings plummet. Over the past few months however, prices have surged causing many to speculate that the bottom is in for miners. Is this the next bull run or just…

Nottingham Post

Owner of former Nottinghamshire colliery says Coal Authority 'riding roughshod' over its history

Plans for the future of the former Clipstone Colliery include opening a heritage museum to showcase its mining history.

Newcastle Herald

PPK workers strike twice for a fair wage increase

PPK Mining Equipment employees make a stance for an increased wage.

ABC News

Shareholders vote in favour of mining giant BHP's $9.6bn takeover of Oz Minerals

Mining giant BHP's proposed takeover of Oz Minerals has been overwhelmingly approved by shareholders at a meeting in Adelaide on Thursday.

The Independent UK

Judge affirms stricter interpretation of federal mining law

Another judge has adopted a U.S. appellate court’s stricter interpretation of a century-and-a-half-old mining law in a new ruling that blocks a metals mine in Nevada

StockNews.com

Is This the Best Commodity Stock to Buy Right Now?

The mighty metal miner Rio Tinto Group (RIO) looks well-poised for substantial growth, driven by high demand amid increased focus on clean energy and decarbonization, growing strategic partnerships, and investments. Is this the time to invest in this commodity stock? Continue reading….

ABC News

Court throws out Bob Brown Foundation challenge to MMG mine lease

An environmental group has lost its latest court battle with a mining company that's planning to build a controversial new tailings dam in Tasmania's west.

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