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The Latest Breaking News from Mining

Bitcoin Mining: How Does it Work and Is It Worth It?

Bitcoin mining can be extremely lucrative, but it also comes with big risks. Here’s what you need to know.

Kiplinger

Giant, filthy Ffos y Fran opencast mine in Merthyr Tydfil near people's homes ordered to close

Ffos y Fran is the UK's largest opencast mine and its operators had applied for an extension

Wales Online

Bitcoin is terrible for the environment – can it ever go green?

Cryptocurrency mining uses huge amounts of energy, but activists are urging for a change in its code to reduce its environmental impact

The Guardian - US

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Apple to avoid the cobalt blues

Company promises to use 100% recycled cobalt by 2025.

Chicago Sun-Times

Village Administrative Officer in Thoothukudi murdered inside his office by sand mining mafia

Members of the illicit sand mining mafia operating along the Thamirabarani watercourse on Tuesday afternoon, brutally killed a Village Administrative Officer (VAO) in his office. Family members of the VAO alleged that he had been facing threats from the illicit sand mafia and was not given police protection, even though…

The Hindu

Worker dies at BHP Olympic Dam mine site in SA's far north but cause of death 'unclear'

A 25-year-old man has died at the Olympic Dam mine site in South Australia's far north, where police responded early this morning to reports of a crash, but BHP says the cause of death is "unclear".

ABC News

As sand miners prosper in Uganda, a vital lake basin suffers

The Lwera wetland, stretching more than 20 kilometers (12 miles) from the Ugandan capital Kampala into the western interior, has long been worked over by sand miners, both legal and illegal, motivated by demand from the construction industry

The Independent UK

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Planned Senate bill would counteract Mining Law ruling

A Nevada Democratic U.S. senator wants Congress to step in to ensure mining companies can use established mineral claims to dump waste on neighboring federal lands

The Independent UK

Indigenous woman wins prize for campaign against mining firms in Amazon

Alessandra Korap Munduruku, who headed a campaign that led mining corporations to respect her people's Indigenous territory in the Amazon rainforest, has been awarded the Goldman Environmental Prize.

Reuters

2023 Goldman environmental prize winners include Texas Gulf coast defender

Diane Wilson took on Formosa Plastics and won a $50m settlement to help clean up decades worth of toxic plastic waste

The Guardian - US

Amazon Indigenous woman wins Goldman environment prize

Alessandra Korap, a Munduruku Indigenous woman from the Brazilian Amazon, has been awarded the prestigious Goldman Environmental Prize for her work fighting against illegal mining and large-scale projects aimed at facilitating soybean exports in the Tapajos River Basin

The Independent UK

How High Can Silver Rise?

Silver is the most speculative precious metal. Gold and silver have a long history as financial assets, but few governments consider silver a reserve asset. Meanwhile, silver is an industrial and precious metal that tends to outperform gold on a percentage basis on rallies and underperforms during bearish periods. In…

Barchart

Mining dust and bird poo: how clean is the rainwater Australians drink?

People should not assume the water that falls on their roofs is safe to drink, experts say

The Guardian - AU

Chile's plan for state control in lithium dismays business

The Chilean government’s newly announced plan to have the state take a majority stake in the lithium industry has disconcerted business leaders

The Independent UK

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Fortune

Chile turns to nationalization to safeguard its lithium supply amid the EV revolution

The lithium-producing countries are scrambling to seize control of lithium mining amid the electric car boom.

The Independent UK

How ‘Putin’s chef’ and his Wagner Group are cashing in on conflicts around the world

They’ve drawn most attention in eastern Ukraine, but it seems wherever war breaks out – from Syria to Sudan – this group of mercenaries can be found profiting from bloodshed, writes World Affairs Editor Kim Sengupta

Reuters

Codelco says access to its mines blocked by demonstrations in northern Chile

Chile's state-owned Codelco, the world's largest copper producer, on Friday said a demonstration against insecurity and crime in the neighbouring mining city of Calama has blocked access to its large deposits in that northern part of the country.

Reuters

Mexico's lawmakers approve overhaul of mining industry

The Mexican parliament's lower house voted to press ahead with the proposed overhaul of the country's mining laws which include shortening concessions, tightening water permits and giving back some profits, moves criticized by industry leaders.

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Insider UK

Scotgold announces open offer to raise £2 million

Scotland's only commercial gold producer is looking to shore up working capital and buy a new mining drill

The Guardian - UK

Gold standard: Peru miners phase out mercury in bid to clean up industry

The hope is that ecological certification will bring higher prices and squeeze out criminal gangs running illegal operations

ABC News

NT Supreme Court upholds mining minister's decision to slash McArthur River Mine security bond

The NT Supreme Court has dismissed an application against a decision by the territory mining minister to slash the McArthur River Mine's rehabilitation bond.

ABC News

The NT government has proposed changes to the water act. Experts say 'the devil is in the detail'

The government wants to regulate some of the territory's biggest water users. But academics and water policy experts say there are problems with the proposed changes that can't be sugar coated.

StockNews.com

3 Unstable Stocks With High Volume to Avoid in April

Amid the earnings season, despite witnessing high volumes, unstable stocks such as Snap Inc. (SNAP), Meta Materials Inc. (MMAT), and SAI.TECH Global Corporation (SAI) seem primed for renewed bouts of volatility due to their weak fundamentals. Continue reading….

Fortune

Global resources shark Glencore must understand the world is no longer for sale

Glencore has Canadian mining crown jewel Teck in its sights–but the disruptive takeover bid has little chance of succeeding, say Yale's Sonnenfeld and Tian.

Al Jazeera

After days at sea with the Cook Islands PM, here’s what I learned

Will plans to mine the Pacific Ocean for metals needed in the green energy transition put our oceans at risk?

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