Cryptominers Repurpose GPU Farms Amid AI Hardware Shortage Some GPU cryptomining outfits, having survived a bleak winter of discontent, have started to grasp AI acceleration opportunities. Tom’s Hardware · May 11, 2023
Chile's senate approves mining royalty bill, passes to final vote Chile's senate approved on Wednesday a long-awaited new mining royalty bill, passing it back to the lower chamber for a final vote that could come as early as next week. Reuters · May 11, 2023
What Are the 3 Best Gold Stocks to Buy Now? Gold is usually seen as a safe-haven asset during troubled times. With rising concerns of a recession later this year, it could be wise to buy gold mining stocks B2Gold (BTG), Centamin (CELTF), and Dundee Precious Metals (DPMLF) to protect one’s portfolio against economic uncertainty and market volatility. Read more…. StockNews.com · May 10, 2023
Why large parts of Mongolia are affected by desertification BARUUN-URT, Mongolia: Strong winds and heavy dust storms are frequent occurrences in Mongolia as the Asian country is facing worsening desertification and land degradation, with a steady decline in vegetation cover year by year. Bangkok Post · May 10, 2023
The Pros of Investing in These 3 Gold Stocks in the Current Economic Climate Gold is considered the ultimate safe-haven hedge against inflation as its value tends to rise in an uncertain economy. Recently, gold prices crossed the $2,000 level and a record high is in sight. Amid a volatile economic backdrop, investors could buy quality gold stocks Endeavour Mining (EDVMF), B2Gold (BTG), and… StockNews.com · May 9, 2023
3 Blockchain Stocks to Keep off Your Radar Amid Crypto Turmoil The prospects of blockchain companies are closely related to the cryptocurrency market. Given the high risk and uncertainty surrounding the crypto space, it could be wise to avoid fundamentally weak blockchain stocks Block (SQ), Riot Platforms (RIOT), and HIVE Blockchain (HIVE). Read more…. StockNews.com · May 9, 2023
Ecuador deploys soldiers against illegal mines in Amazonian areas Ecuador's government is deploying soldiers and police in nine provinces to combat illegal mining, officials said on Monday, in a bid to stamp out the unlawful mines mostly targeting gold and copper deposits. Reuters · May 8, 2023
In Ballari’s battle of billionaires, all eyes on mining baron’s new party In the mining town of Karnataka’s Ballari, Congress leader Nara Bharat Reddy had tried to take first-mover advantage by launching his campaign months ahead of the state assembly elections, going door to door, promising a politics “without corruption” in the Bellary City segment. Newslaundry · May 8, 2023
Battery passports: how a meeting at Davos helped set a car industry standard Mining groups hope their joint project, ReSource, will have an influence on the global business The Guardian - UK · May 8, 2023
‘Greedflation’ – it’s a boon for business but hurts average Australians Profit-driven inflation: People who decide the prices they charge us like to say that they ‘have no choice’, but they do. The New Daily · May 8, 2023
Concerns raised over mining companies’ role in battery passport scheme ERG and Glencore are among founders of ReSource, a proposed joint venture that is also backed by Tesla The Guardian - UK · May 8, 2023
Dozens are reported dead from a fire deep in a gold mine in Peru The Yanaquihua mining company said 175 workers had been safely evacuated after the accident. It said the 27 dead worked for a contractor that specializes in mining. WEKU · May 8, 2023
Mining boss's shock glaucoma diagnosis prompts warning for others to get eye tests Duncan Craib says he had never heard of glaucoma before he was diagnosed with the eye condition aged 49. Now, he's warning people over 40 to get regular eye tests. ABC News · May 8, 2023
Demolition of asbestos town Wittenoom starts, as government warns visitors to stay away The former mining town of Wittenoom in Western Australia will be demolished and asbestos buried, but authorities warn blue asbestos could remain. ABC News · May 8, 2023
Barchart · May 7, 2023 Is Gold on a Launchpad? Gold was sitting above the $2,000 per ounce level on the nearby COMEX futures contract on May 5, 2023. Gold is the world’s oldest currency, and profound changes in the global financial system could mean an explosive move in the precious metal as the only thing governments agree on is…
Kiplinger · May 7, 2023 Deep-Sea Mining Applications to Start in Summer: Kiplinger Economic Forecasts Deep-sea mining applications are due to start in the summer, but it's unclear when mining will actually begin.
The Hindu · May 6, 2023 Gangavati Assembly constituency: Mining baron’s entry into the fray here has stirred up traditional poll equations Gangavati Assembly constituency in Koppal district, which has seen a triangular battle between the Congress, BJP, and JD(S) in the last four Assembly elections, has a new entrant in the Kalyana Rajya Pragati Paksha (KRPP), replacing the JD(S) in the fight.
Tom’s Hardware · May 5, 2023 U.S. Bitcoin Mining Consumed 50 Billion kWh of Energy in 2022 The White House's recently-published DAME tax proposal report brings to light estimates showing that national Bitcoin mining consumed more power than all of the United State's computers combined.
Barchart · May 5, 2023 After Reaching a One-Year High, is Silver Ready for Explosive Gains? Silver can be the most volatile precious metal as it attracts speculative and trend-following interest on the up and downside. Silver has long been gold’s sibling, and the yellow metal rose to a new record high this week. An explosive rally in silver could be on the immediate horizon.
InsideEVs · May 5, 2023 Tesla Eyeing EV Battery Material Extraction, Processing In Canada: Report Elon Musk has said Tesla may get into the mining and refining business, and we know the company has some plans underway. Now it may be looking to Ontario.
ABC News · May 5, 2023 Energy Minister Chris Bowen announces new Net Zero Authority to help transition from coal-fired generation The new government-led agency — the Net Zero Authority — will help reskill workers in mining and coal-fired generation and provide more funding for renewable energy.
Reuters · May 5, 2023 New Zealand to review risk and benefits of seabed mining New Zealand will undertake a review of the risks and benefits of seabed mining and whether domestic regulation is needed, the government announced on Friday.
PC Gamer · May 4, 2023 So, you're telling me that US crypto mining used more power last year than ALL THE COMPUTERS?! The upper limit could actually put it on par with the energy consumed by all the lighting in the United States. Eep.
PC Gamer · May 4, 2023 Biden proposes heavy tax on cryptocurrency miners for 'the harms they impose on society' Better late than never?
Barchart · May 3, 2023 Crypto’s Rebirth Has Question Marks Cryptocurrencies have experienced an impressive rebound in 2023. This has also led to a rebound in crypto mining stocks. But will this rally continue?