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The Latest Breaking News from Mining

3 Gold Mining Stocks to Take Advantage of ASAP

Gold shines as a safe haven in challenging economic times, providing more stability and consistent returns. With the possibility of additional interest rate hikes on the horizon, investors might want to seek sanctuary in robust gold stocks Barrick Gold (GOLD), DRDGOLD (DRD), and Gold Fields (GFI) for consistent returns. Read…

StockNews.com

Biden plan would overhaul 151-year-old mining law, make companies pay royalties for copper and gold

The Biden administration is recommending changes to a 151-year-old law that governs mining for copper, gold and other hardrock minerals on U.S.-owned lands, including making companies pay royalties on what they extract

The Independent UK

ED probes money laundering in sand mining business

ED launches probe into TN govt's sand mining biz; teams search 30+ sites, incl. offices/residences of contractors, officials. CAPF backs ED in investigation into suspected money laundering, GST evasion. Teams check receipts, quantum of sand mined, lorries that purchased sand. Searches halt operations at quarries, sand depots.

The Hindu

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Congo communities forcibly uprooted to make way for mines critical to EVs, Amnesty report says

The mining of minerals critical to electric vehicle batteries and other green technologies in Congo has led to human rights abuses, including forced evictions and physical assault

The Independent UK

Mining of cobalt, copper in DRC leading to human rights abuses: Report

Expansion of industrial-scale mines has led to forced evictions, Amnesty International says.

Al Jazeera

Google faces 10-week trial over charges of unfair competition

Google and its parent company Alphabet will spend the next ten weeks on the docket in a federal court in Washington DC as they face accusations of rigging the market in their favour. FRANCE 24’s correspondent Eric Pape explains what this might mean for the tech giant as he reports…

France 24

ED launches searches over alleged sand mining scam at over 25 locations across T.N.

Several teams of the Directorate of Enforcement (ED) launched simultaneous searches at sand mining sites, sales depots and other locations suspected to be involved in a sand mining scam, across Tamil Nadu, based on allegations of money laundering and large scale tax evasion, official sources said on Tuesday.

The Hindu

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UN calls out Hunter mining, power station pollution impacts

UN rapporteur meets with Lake residents to discuss coal ash pollution.

Newcastle Herald

Set up aerospace industries, NIMZ in Prakasam as promised: CPI(M) leader P. Madhu

CPI(M) launches 300-km 'Poru Baata Padayatra' foot march in Prakasam district to demand setting up of mining institute, rail coach factory and other public sector units at Donakonda. March seeks ₹10,000 crore for focussed development of district, blames lack of political will for backwardness. 'Maha Dharna' to be held in…

The Hindu

Remembering the 1793 lives lost in the northern mining district

'We'll never be able to appreciate the impact that's had on those people.'

Newcastle Herald

Explained | Did Vedanta lobby to dilute ‘green’ curbs?

According to a Organised Crime and Corruption Reporting Project (OCCRP) report, the Union Environment Ministry’s 2022 move to relax regulations to allow mining companies to increase production by up to 50% followed lobbying by the Vedanta group in 2021

The Hindu

Is Trading the Silver Range the Optimal Approach?

Silver futures have looked like they will explode higher on rallies, but corrections make them appear to fall into a bearish abyss. Over the past six months, selling silver when it looks the best and buying it when at its most bearish has been the optimal approach.

Barchart

P. Mahender Reddy directs officials to speed up auction of mining blocks

The Hindu

Resentment brewing in Odisha’s Rayagada over bauxite mining proposals

Resentment brews in Rayagada, Odisha over bauxite mining projects. Villagers, activists up in arms against proposals; nine arrested under UAPA. Goldman Prize winner Prafulla Samantara whisked away by police.

The Hindu

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Salon

Salton Sea eyed for lithium extraction

As companies with billionaire backing buy in, frontline communities weigh the economics with health and environment

The Hindu

Overwhelming response to sports quiz in Berhampur

The sports quiz organised jointly by Hindu Future India Club (FIC), part of The Hindu Group, and the Odisha Mining Corporation (OMC) received overwhelming response in Berhampur, with 550 schoolchildren participating in the event on Monday.

The Hindu

A sand storm is brewing in Andhra

Sand mining in Andhra Pradesh has become a political issue. YSRCP govt. accused of working with sand mafia, while TDP alleges ₹40,000 crore looted in 4 yrs. Courts and NGT have pulled up govt. for not ensuring due diligence in clearances. YSRCP imposed ban and issued New Sand Mining Policy…

The Guardian - AU

Mining once made this Pacific island unliveable, now residents fear its return

Australian mining company puts Banaba exploration plan on hold amid islanders’ concerns their phosphate-rich homeland may again be exploited

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The Conversation

Health evidence against gas and oil is piling up, as governments turn a blind eye

We are seeing deadly heat and fires circle the world. The Intergovernmental Panel on Climate Change warns we are fast running out of time to secure a liveable and sustainable future. Without emergency action to stop mining and burning fossil fuels, the world faces an unthinkable 2.8℃ temperature rise.

Newcastle Herald

Bellbird miners remembered 100 years after disaster

The lives of 21 miners and six pit horses were lost to carbon monoxide.

The Hindu

Forum demands CBI probe into mineral sand mining at Thottappally

The Guardian - AU

Queensland company accused of bribery in Nauru says charge should be dropped as fair trial ‘impossible’

Lawyers for Getax Australia say ‘unjustified and inexplicable delays’ from the prosecution mean evidence has been lost and essential witnesses have died

The Guardian - UK

‘It’s dangerous work’: new generation of Indigenous activists battle to save the Amazon

Campaigners in Brazil use drones to document work of self-defence teams trying to stop environmental destruction caused by illegal mining

The Times of India

Himachal Pradesh government imposes two week ban on hill cutting and fresh building permissions

SHIMLA: A day after the Governor Shiv Pratap Shukla wrote two letters to the Chief Minister Sukhvinder Singh Sukhu on the issues of illegal and unscientific mining and the the unauthorised construction of buildings in the hills and along the rivers, the Himachal Pradesh government on Saturday banned the cutting…

The Hindu

G. Janardhana Reddy has no moral right to speak about Congress MLA Bharath Reddy

Strongly criticising mining baron and MLA G. Janardhana Reddy for provoking his supporters to comment against Ballari city MLA Na. Ra. Bharath Reddy, Congress leaders Chanal Shekar and Satish Reddy dared the former to comment directly about Mr. Bharath Reddy.

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