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The Latest Breaking News from Mining

Rinehart pushed father to 'breaking point', court told

A court battle over iron ore riches has been told billionaire Gina Rinehart's father Lang Hancock was concerned his daughter may "destroy" his life's work.

AAP

Outdoor recreation contributed over $1 trillion to the US economy in 2022

Outdoors adventures accounted for 2.2% of the US’s GDP in 2022 – more than oil/gas extraction and mining combined

Advnture

China Aims to Corner the Undersea Mineral Market, Too

The race is on to tap the riches of minerals in the high seas.

Foreign Policy

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Beach sand mining | Tamil Nadu government to file another report before Madras High Court

Govt informs Madras HC of report on beach sand mining ban; hearing on Dec 11. Govt seeks HC nod to seize 1.55 crore tonnes of stocks & hand over to Indian Rare Earths Ltd. to recover losses of ₹5,832.44 crore caused by illegal mining since 2000-01.

The Hindu

District Collector to submit report on Mattappally soil extraction this week

Following mass protests, an all-party meeting held last week decided to suspend soil mining and sought a report

The Hindu

Rinehart children's closing court bid for mining riches

A court battle over iron ore riches has resumed, with billionaire Gina Rinehart's eldest children attending a hearing as their lawyer wraps up their case.

AAP

Peak union slams mining profits as workers struggle

Mining profits have jumped nearly 200 per cent in a decade while workers' wages have gone backwards, Australian Council of Trade Unions research shows.

AAP

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'Success not assured' for Aussies in clean energy race

Australia's economic engine room is facing a moment of truth as rival mining nations go all out to win the clean energy minerals race, BHP warns.

AAP

How We Were Able To Steal Some Profits In Steel Stock Giant RIO

Using the POWR Options approach to increase returns at lower risk in iron ore mining mammoth Rio Tinto (RIO).

StockNews.com

Illegal sand mining in Godavari River poses a threat to Sir Arthur Cotton Barrage, alleges BJP Andhra President D. Purandeswari

BJP & JSP inspect illegal sand mining near Sir Arthur Cotton Barrage in East Godavari. Purandeswari alleges threat to barrage due to mining. No clarity from CM & officials on mining. Sand price escalated, impacting construction & leaving workers unemployed.

The Hindu

Illegal sand mining hits Chaliyar river banks

Weakened night patrol, inactive ward-level vigilance committees, damaged barriers in Mavoor panchayat, two unprotected stretches at Kalpally & Manathalakadavu, no flash checks at suspected spots, proposal to appoint guards yet to be implemented. Grama panchayat authorities making efforts to address issue, impounding country boats & goods carriers. #Weak night patrol,…

The Hindu

Crypto Mining Rigs Hidden in Polish Court Building to Steal Electricity

Criminals have been caught stealing power for running cryptomining gear under the floors and in ventilation ducts of the Supreme Administrative Court in Warsaw, Poland.

Tom’s Hardware

After backlash, Odisha govt. puts on hold Cabinet decision of transferring tribal land to non-tribals

Facing huge criticism, the Odisha government has put on hold a controversial Cabinet decision regarding transfer of tribal lands to non-tribals. At present, the Odisha Scheduled Areas Transfer of Immovable Property (By Scheduled Tribes) Regulation, 1956 is in force in the schedule areas of State. There is restriction on transfer…

The Hindu

Indonesia: Rare video of indigenous tribe facing down bulldozer shows ‘uncontacted peoples do exist’

On the Indonesian island of Halmahera, two members of an “uncontacted” indigenous tribe were filmed facing down a logging company’s bulldozer. The rare encounter caught on camera testifies to the growing threat that industrial activities – particularly nickel mining managed in part by a French company – pose to indigenous…

France 24

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The Hindu

As probe into illegal mining goes slow, Cabinet extends term of SIT till June 30, 2024

The State Cabinet on Thursday felt the investigation into 172 illegal mining cases by the Special Investigation Team of the Karnataka Lokayukta has been very slow for the past five years and decided to extended the term of the SIT till June 20, 2024.

The Hindu

Soil extraction halted at Mattappally

AAP

Mineral Resources 'well-placed' for significant growth

Mid-tier mining company Mineral Resources has warned a move into downstream processing of battery minerals is "likely uneconomic" without government assistance.

Barchart

3 Crypto Stocks to Buy Before the 2024 Bitcoin Halving

Bitcoin mining companies can help investors tap into price fluctuations in cryptocurrency assets, and benefit from outsized gains over time.

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The Hindu

A.P. govt. should come clean on sand mining contract, says TDP

TDP spokesperson Pattabhiram accused Mines & Geology Director Venkat Reddy of lying about sand mining in the State.

Reason

The Future of Energy? Brooklyn's Bitcoin-Heated Bathhouse

A new Reason documentary explores why, for some, bitcoin is the 'real Green New Deal.'

The Hindu

State nets record revenue of ₹273 crore from mining

The growth registered is around 70% compared to the corresponding period in the previous fiscal

The Hindu

T.N. Rains | Lignite mining at NLC India Ltd in Neyveli stalled

Heavy rains in Cuddalore & Villupuram districts caused disruption of normal life & lignite mining. Schools & colleges declared holiday & Annamalai University cancelled classes & exams. Rainfall recorded in 24 hrs: Cuddalore 123.6mm, Parangipettai 119.5mm, Chidambaram 102mm & Kattumannarkovil 98mm. Rains predicted till Fri.

The Guardian - UK

‘Leave the gold in the ground’: Ecuador’s forest guardians mobilise against illegal mining in Amazon

The Indigenous A’i Cofán people invoke their ancestors and carry spears but also use drones, GPS mapping and the courts as they fight to protect their land from a rapacious gold rush

The Independent UK

Anti-mining protesters in Panama say road blockades will be suspended for 12 hours on Monday

Indigenous anti-mining protesters that have paralyzed Panama’s key roadways for weeks say they will temporarily suspend blockades for 12 hours Monday as a show of good faith to citizens affected by the demonstrations

The Hindu

SC refuses to entertain plea to frame guidelines for regulation of trading of cryptocurrencies

The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines for regulation of trading and mining of cryptocurrencies.

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