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The Latest Breaking News from Mining

New oil and gas not consistent with 1.5C

New oil and gas fields are not consistent with 1.5C of warming but the Government has just approved one and opened up applications for more.

Newsroom.co.nz

Crypto Mining Platform Bitdeer Moves Step Closer to Nasdaq SPAC Listing

The deal, already delayed three times, would give the company an implied equity value of around $1.18 billion

Caixin Global

BHP Group seeks delay to Brazil dam court case

Mining group BHP Group is seeking to delay a potential 36 billion pound ($44 billion) London lawsuit over Brazil's worst environmental disaster as it needs more time to prepare, the company's lawyers said on Wednesday.

Reuters

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‘A second chance’: Peru sanctuaries help rescued monkeys back into the wild

At two wildlife centres in the Madre de Dios region, the victims of illegal mining activities embark on a long journey of rehabilitation

The Guardian - UK

GOP House appropriators say Interior must 'do more with less' - Roll Call

Republican members of a House appropriations subcommittee expressed support for the Interior Department's tribal programs Tuesday.

Roll Call

Ford CEO Says Batteries Are The Main Constraint To EV Transition

Ford Motor Company wants to localize not just the mining of battery materials but also their processing in North America, CEO Jim Farley said.

InsideEVs

Bitcoin, Ether, Coinbase fall after CFTC sues Binance

The stocks of several crypto mining companies also took a dive.

Fortune

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Nvidia CTO: Cryptocurrency Adds Nothing Useful to Society

GPU processing power can be used for much more useful things than mining cryptocurrencies, Nvidia CTO says.

Tom’s Hardware

Scotgold scrambles for cash to continue mining

Trading update reveals doubts about ability to continue as a going concern, as well as directors' emails being hacked

Insider UK

Nvidia kicks crypto to the curb: 'doesn’t bring anything useful for society. AI does'

That's surely going to ruffle some feathers.

PC Gamer

Four men face Kalgoorlie court over alleged plan to steal gold dust from Jubilee mill

Four men have faced the Kalgoorlie Magistrates Court today charged over an alleged attempt to steal gold-bearing dust from a mining operation in Western Australia's Goldfields.

ABC News

Second sinkhole opens at Wallsend: residents cannot return home

The state's Mine Subsidence Advisory says it is aware of a number of incidents in Wallsend.

Newcastle Herald

Cryptocurrencies add nothing useful to society, says chip-maker Nvidia

Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining

The Guardian - UK

Mining boss denies intimidating pre-election call

Leader choices indivisible from the question of where NSW election campaign went wrong and what the future direction of the party should be.

The New Daily

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Radio France Internationale

Macron hails courage of elite French gendarme killed in Guiana

An elite French gendarme was shot dead in France's overseas territory of French Guiana in South America while taking part in an operation against illegal gold mining, the French presidency said Saturday.

The Guardian - UK

Deep-sea mining for rare metals will destroy ecosystems, say scientists

Businesses want to trawl for nickel, manganese and cobalt to build electric cars and windfarms

Fortune

Why keeping Bitcoin mining in the U.S. helps the economy, national security, and even the environment

Bitcoin mining is going to happen. It's best to have it happen it here.

Asharq Al-Awsat

Saudi Arabia Allocates Sand, Landfill Site for Mining Activities

The Saudi Ministry of Industry and Mineral Resources said on Thursday it will allocate the sand and landfill site in the Khulais Governorate, west of the Kingdom, which extends over an area of 39.6 square kilometers, for a mining complex. The ministry is working to develop the areas adjacent to…

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ABC News

Lawyers claim 'untruths' and 'unreliable' evidence as $1.1m gold theft defence case closes

Defence lawyers in a $1.1 million gold theft case close their cases by attacking the credibility of one of the prosecution's key witnesses, well-known mining entrepreneur Peter Bartlett.

Asharq Al-Awsat

Ukraine Prepares Counteroffensive as Russia’s Assault on Bakhmut Flags

Ukrainian troops, on the defensive for months, will soon counterattack as Russia's offensive looks to be faltering, a commander said, but President Volodymyr Zelenskiy warned that without a faster supply of arms the war could last years. The Ukrainian military said early on Friday that 1,020 Russian troops had been…

ABC News

Ex-NSW Labor minister Ian Macdonald gets 14-year jail sentence for corruptly awarding mine licence

Former resources minister Ian Macdonald will stay in jail until at least 2027 for misconduct in public office involving two mining licences.

ABC News

Anti-coal activist charged over alleged assault of Carmichael mine workers in Queensland

The Carmichael mine has been the subject of nation-wide protests by anti-coal activists. Now a man will face court for allegedly assaulting two of the company's workers.

Newcastle Herald

Transport, cost of living and cannabis: Hunter candidates share their top priorities

The Herald asked all candidates in the Hunter's nine seats what their top three priorities were ahead of the NSW election.

The Times of India

4 dead, many injured in mine roof cave-in in Dhanbad : JMM MLA

RANCHI/DHANBAD(JHARKHAND): A ruling JMM lawmaker told the Jharkhand House that at least four miners were killed and many others were severely wounded when the roof of an active BCCL mine in Dhanbad caved in during illegal mining on Thursday. The incident took place in West Modidih Colliery which is operated…

Tribune News Service

An ancient mound of shells has been mined in the San Francisco Bay for 100 years — but the oyster’s future is uncertain

SAN JOSE, Calif. — For years now, if a commuter were to glance to the north side of the San Mateo Bridge, they might see a lonely barge, painted with the words “Lind Marine,” floating a few hundred yards from the shoreline.

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