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The Latest Breaking News from Mining

Mining giant BHP admits underpaying almost 30,000 Australian workers

Mining giant BHP admits it has underpaid almost 30,000 workers, dating back to 2010, and it will cost more than $400 million to make amends.

ABC News

Chile closes state copper smelter that polluted bay for decades

Chile's state-owned copper mining giant Codelco has shut down its Ventanas copper smelter after decades of polluting Quintero Bay with toxic gases and turning it, along with 15 other companies, into an environmental “sacrifice zone.”

The Independent UK

Protesters clash with soldiers at Ghana gold mining town

The clashes come as hundreds remain trapped in mining pits, unable or unwilling to resurface out of fear of arrest.

Al Jazeera

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Bitcoin miners have averted a tax crisis for now, but the threat still looms

Public company CEOs from Marathon and Stronghold reckon with an uncertain regulatory environment.

Fortune

5,000 new species threatened by mining

Deep sea mining in the Clarion-Clipperton Zone may threaten thousands of undiscovered species that live there

Salon

Northumberland Miners' Picnic to celebrate 159-year anniversary this June

Miners' Picnic will be back at Woodhorn Museum with attractions including brass bands, live music, crafts and a mini mela

Chronicle Live

Country Diary: Down on the floor with the solitary bees

Holywell, Flintshire: In my attempts to make my garden more suitable for Mediterranean herbs, I created the conditions for these fascinating insects

The Guardian - UK

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Union launches Same Job Same Pay ad blitz

The advertising campaign will continue until the new laws pass parliament.

Newcastle Herald

After six years in power, Mark McGowan leaves a mark on regional WA that won't be forgotten by friend or foe

Mark McGowan took Labor to unprecedented highs in the state's region, but many of the decisions that define his legacy hit residents hard.

ABC News

Plan for 30% tax on Bitcoin mining appears dead under debt ceiling deal

The White House's plan to tax crypto mining 30% under a law called the DAME Act appears to have been scrapped in a budget compromise with Republicans.

Fortune

Why taxing the world's biggest companies at 15% won't fix the gaping hole in global tax rules

Australia’s federal government has a plan to discourage companies from shifting profits to tax havens. The idea is to impose a “global minimum tax” on large Australian and foreign-owned companies with subsidiaries in low or no-tax countries.

The Conversation

Highly influential figure in Welsh mining community Tyrone O'Sullivan dies aged 77

The 'giant' in Welsh union movement will 'always be remembered as the man who defied Thatcher'

Wales Online

'Ghost town' seaside resort so deserted homes are being flogged for £5,000

The seaside town of Horden, County Durham, has been left a 'ghost town' since its colliery was shut, with rife drugs problems and houses priced at £5,000

Daily Mirror

Lightning Ridge opal miners seeking answers as licence confusion leaves hundreds without work

Hundreds of opal miners suddenly left jobless overnight after a state government "oversight" are seeking answers about what the future holds, but so far they say they have been told next to nothing.

ABC News

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StockNews.com

4 Tech Stocks to Avoid This Week

Amid widespread macroeconomic headwinds, the tech industry is expected to witness a slowdown. Given this backdrop, fundamentally weak tech stocks Affirm Holdings (AFRM), Riot Platforms (RIOT), HIVE Blockchain Technologies (HIVE), and Bakkt Holdings (BKKT) could be best avoided this week. Read on….

StockNews.com

3 Fintech Stocks Failing to Impress Investors

Given the growing adoption of digital financial services, the long-term prospects of the fintech industry look bright. However, not all fintech stocks can capitalize on the industry tailwinds. Therefore, it could be wise to avoid fundamentally weak fintech stocks Marathon Digital (MARA), Bit Digital (BTBT), and Argo Blockchain (ARBK). Read…

ABC News

Thousands of unidentified deep-sea species found in part of Pacific Ocean earmarked for mining

Scientists calculate there are thousands of unidentified species living on the ocean floor between Hawaii and Mexico where deep-sea mining for critical minerals needed to build batteries is set to begin next year.

LiveScience

More than 5,000 new species found in 'pristine' deep-sea wilderness. But they could soon be wiped out.

A new study cataloged all the species uncovered by research expeditions in the Clarion-Clipperton Zone, which has become a potential hotspot for deep-sea mining.

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The Guardian - UK

More than 5,000 new species discovered in Pacific deep-sea mining hotspot

A wealth of biodiversity has been found in the Clarion-Clipperton Zone, an area earmarked for exploitation by mineral firms

Salon

Biden saves Oak Flat Apache site for now

The Arizona mine project won't move forward until more discussions with Indigenous communities.

Reuters

Western Australia to compensate Aboriginal group for historic mining damage

Western Australia state has agreed to compensate an Aboriginal group for historic acts including issuing mining leases on their traditional lands, setting a precedent that is set to allow Indigenous groups a greater say in future developments.

ABC News

Calls to protect Northern Ponds at Lake Macleod on Rio Tinto salt mine lease

The Indian Ocean travels underground and reappears 17 kilometres inland at the Northern Ponds at Lake Macleod, with the ponds having so far been overlooked as a site of significance.

Chicago Sun-Times

Ozingas’ underground development on Southeast Side may be dead due to mining ban

A city zoning official recently issued an opinion based on what’s publicly known about the proposed 6 million square foot project. The family-backed venture isn’t giving up.

The New Daily

Minister slams BHP criticism of new workplace laws

Tony Burke says it's unbelievable mining giant BHP has already put a dollar figure on what same job, same pay laws would cost before the legislation is written.

AAP

Minister slams BHP criticism of same job, same pay law

Tony Burke says it's unbelievable mining giant BHP has already put a dollar figure on what same job, same pay laws would cost before the legislation is written.

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