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The Latest Breaking News from Mining

Crypto Coin: Mining Capital Coin CEO Indicted For $62M Crypto Fraud

Luiz Capuci Jr., the CEO and founder of MCC misled investors about MCC’s cryptocurrency mining and investment program.

Zenger

Northern Tasmania needs more people, and businesses want government help to get them

Businesses in the marginal Liberal seats of Bass and Braddon want help getting people to the island. They also need somewhere to live.

ABC News

Clive Palmer is preferencing the Morrison government in key seats. Does it matter?

The mining magnate might believe his word is his followers’ command, but they don’t always follow his how-to-vote instructions.

Crikey

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read the most diverse news in one place.

‘This is a protest painting’: Aboriginal artists speak out in show backed by mining giants

In a landmark exhibition supported by the resources sector, Indigenous artists from the Pilbara don’t hold back about dispossession and exploitation

The Guardian - AU

SSR Mining: Dividend Insights

Wednesday marks the last chance for investors to receive the next dividend payout from SSR Mining (NASDAQ:SSRM).

Benzinga

Ron Sayers, West Australian mining legend who grew Ausdrill into a billion-dollar company, dies aged 70

West Australian mining tycoon Ron Sayers has died after building a mining services company from a single drill rig in Kalgoorlie-Boulder into a billion-dollar global empire.

ABC News

Queensland's Mount Isa Mines faces $5m lawsuit over allegations lead poisoning caused teenager's brain damage

The mother of a Queensland teenager with an intellectual disability is suing mining company Mount Isa Mines for $5 million in damages, alleging her daughter's brain damage is the result of lead poisoning caused by emissions from the mine.

ABC News

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Dozens dead after suspected militia raid in eastern Congo

Dozens of people were killed and many more are missing after armed men raided a mining encampment near the town of Mongwalu in the Democratic Republic of Congo's eastern Ituri province on Sunday, three civil society leaders said.

Reuters

The rush to renewable energy means a new mining boom. But first, Australia needs to make some tough choices

Electric cars, solar panels and wind turbines — green technology relies on what can be a dirty industry. Why acting on climate change may require a massive increase in mining.

ABC News

Coal class actions discontinued but question marks over other industries

End of coal class actions

Newcastle Herald

e-auction for mining leases from May 11

Tender details to be available on e-procurement portal

The Hindu

Life in the tucked away village where "Morrisons didn't last two minutes"

Right on the edge of Greater Manchester lies a former coal mining village that retains a tight knit community and some of the most affordable houses in the region

Manchester Evening News

We visited the tucked away village where 'Morrisons didn't last two minutes'

Former coal mining community has its own nature reserve and is attracting new residents

Liverpool Echo

Chile constitutional assembly does not okay expanded state mining rights

Chile's constitutional assembly passed articles expanding environmental rights on Saturday, but stopped short of approving a proposal to give the state exclusive mining rights over lithium, hydrocarbons and rare earth metals and majority ownership of copper mines.

Reuters

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The Hindu

Rajasthan to evolve guidelines on mining in forest areas

JAIPUR

Asharq Al-Awsat

Saudi Arabia to Attract Investments Worth $32 Bln in Mining, Minerals Sector

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said Friday that the ministry has a goal to attract investments worth $32 billion to its mining and minerals sector through nine new projects. The projects are aimed at supporting supplies of mineral products to local and international markets. Alkhorayef added…

The Guardian - UK

‘Nature doesn’t fix itself fast’: Greenland weighs up economy v. climate crisis

As the island eyes tourism and mining it is also mindful of controlling the cost

Newcastle Herald

'Get off your arse and get up here': Upper Hunter's message to leaders

'It's not our job': Councils forced into the void due to lack of action on Upper Hunter diversification.

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Benzinga

What's Going On With Bitcoin- And Ethereum-Related Stock SOS Limited Today?

Shares of Chinese companies, including Sos Ltd - ADR (NYSE: SOS), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Tribune News Service

Tesla confirms Vale nickel deal, lifts veil on US race data

Tesla Inc. confirmed a deal to buy nickel from mining giant Vale SA among other metal-supply contracts in an annual report on the company’s global impact, which also provided detailed data on the racial composition of its U.S. workforce.

The Street

Nvidia to Pay $5.5M to Settle SEC Charges on Cryptomining Disclosure

'Nvidia's disclosure failures deprived investors of critical information to evaluate the company’s business in a key market,' an SEC official said.

Benzinga

Nvidia Agrees To Pay $5.5M Penalty For Insufficient Disclosure Of Crypto Impact

NVIDIA Corporation (NASDAQ:NVDA) agreed to settle civil charges for inadequate disclosure of the impact of crypto mining on its gaming business. The chipmaker will pay $5.5 million to the U.S. SEC for misleading investors and analysts interested in understanding the impact of crypto mining on Nvidia's business. Despite having information, Nvidia failed to…

Asharq Al-Awsat

Saudi Arabia to Attract Investments Worth $32 Bln in Mining, Minerals Sector

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said Friday that the ministry has a goal to attract investments worth $32 billion to its mining and minerals sector through nine new projects, state news agency SPA reported. The projects are aimed at supporting supplies of mineral products to local…

AFP

India to reopen abandoned coal mines as heatwave hits supply

Mumbai (AFP) - India plans to lease abandoned coal pits to private mining companies, a government official said Friday, in an effort to ramp up production as power outages exacerbate a sweltering heatwave.

Reuters

Chile's parched mines race for an increasingly scarce commodity: water

A record-breaking drought in Chile is impacting mining operations and forcing companies to escalate their search for more sources of water, from water treatment and pricey desalination plants to even encouraging workers to use less water in the shower.

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