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The Latest Breaking News from Mining

Brazil court backs crackdown on illegal gold mining in Amazon

A Supreme Court judge backed a government move to crack down on illegal gold mining in Brazil, suspending a legal practice of buyers accepting the origin of the precious metal with paper receipts based on the "good faith" of the seller.

Reuters

Deep-sea mining: can it help solve our climate problems?

A growing controversy is swirling around deep-sea mining, which aims to extract valuable minerals from the ocean floor.

The Week

Glass smashed as thousands rally in union protests

Construction, Forestry, Maritime, Mining and Energy Union members have marched through the nation's major cities calling for change.

AAP

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Subsidence regularly occurs across NSW Hunter due to old underground coal mines

From the surface, you might never know much of Newcastle in New South Wales has been built on top of mines — some more than 100 years old.

ABC News

Geneva appeals court upholds conviction of Israeli tycoon

A Geneva appeals court has upheld the conviction of Israeli diamond magnate Beny Steinmetz for corrupting foreign officials

The Independent UK

Beny Steinmetz to appeal Swiss court's corruption ruling - statement

Mining magnate Beny Steinmetz said he would appeal against a guilty verdict for corruption upheld by a Swiss appeals court on Tuesday, saying the decision was "unfair and politically motivated".

Reuters

ERA hopes to raise $369 million to continue rehabilitation of Ranger uranium mine in Kakadu

Mining company ERA is hoping to raise $369 million to continue funding the rehabilitation of a uranium mine in Kakadu National Park.

ABC News

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Madeleine King urges young people to pursue employment in mining to help the environment

Madeleine King calls on young people in Australia to consider employment in the resources sector to help the world decarbonise, saying the commitment to net zero emissions needs more mining, not less.

ABC News

Hunter Offshore Wind project should be doubled in size, executive says

The Maritime Union of Australia, the Construction Forestry Mining and Energy Union and the Electrical Trades Union attract support to extending Hunter Offshore Wind Project

Newcastle Herald

Miraculous rescue of trapped Congolese miners highlights dangerous conditions

One by one, the men pop out of a small hole in the earth to the cheers of dozens of fellow miners. Ten artisanal miners were rescued on March 24 after spending 18 hours trapped underground after a landslide at the Mitondo Hill mining site in the South Kivu province…

France 24

How China is winning the race for Africa’s lithium

The country already dominates processing of the metal for use in electric vehicle batteries and is now investing heavily in mines, leaving western operators scrambling to keep up

Financial Times

A political warrior who walked tall in two worlds — how Yunupingu opened Australia's eyes

From a land rights "radical" to a steely elder who had the ear of successive prime ministers, the late northeast Arnhem Land leader, Yunupingu, leaves a powerful legacy.

ABC News

How a simple piece of fabric is helping make the mining industry a more appealing choice for women

As many mining companies work towards a 50-50 workforce, obstacles remain in an industry that can sometimes struggle to attract women.

ABC News

Tennis legend Pat Rafter shares childhood memories of growing up in Queensland mining city Mount Isa

Australian tennis legend Pat Rafter opens up about his barefooted childhood as one of 10 kids – and an emotional homecoming to visit his brother's grave.

ABC News

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Barchart

Is Gold Preparing for an Upside Blast?

Gold’s bull market began in 1999 when the precious metal reached rock bottom at $252.50 per ounce. Since then, every significant selloff has been a buying opportunity, which continues almost two and one-half decades after the low.

The Guardian - US

‘Why mine so close?’: the fight to protect the pristine Okefenokee swamp

An Alabama company wants to mine near the 440,000-acre Georgia swamp, but locals and scientists fear it could be irreparably harmed

The New Daily

Greenpeace blasts UN body’s ruling on deep-sea mining

The rise of electric vehicles has sparked an unintended controversy, with the growing need for the rare metals used in modern batteries pitting

Reuters

UN to start taking deep-sea mining applications this July

The International Seabed Authority will start accepting applications in July from companies that want to mine the ocean's floor, a decision that came after the U.N. body spent the past two weeks debating standards for the new and controversial practice.

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Bangkok Post

Indonesia's EV goals hinge on green mining drive

With the world's largest reserves of nickel, used extensively in making batteries, Indonesia is aiming to become an electric vehicle powerhouse, not least by courting Tesla CEO Elon Musk.

The Independent UK

UN body mulls deep sea mining amid demand for minerals

Pressure is mounting on an obscure U.N. body based in Jamaica to hit pause on plans to potentially open the world’s deep seas to mining as companies push for permission to extract metals from seabeds in international waters

Tribune News Service

Ford invests in Indonesian nickel-processing project to lock up goods

Ford Motor Co. is partnering with mining companies from Indonesia and China to invest in a nickel-processing project as part of the Dearborn, Michigan, automaker's bid to shore up supplies of key raw materials for electric-vehicle batteries.

StockNews.com

3 Valueless Stocks No Investor Wants

As the Fed’s rate hikes are expected to continue, the odds of a recession this year are rising. Amid lingering macroeconomic headwinds, fundamentally weak stocks Aurora (AUR), Hut 8 (HUT), and AppHarvest (APPH) might be best avoided. These stocks look overvalued at their current prices. Keep reading.

Newcastle Herald

Hunter Offshore Wind expansion proposal

Maritime Union of Australia, the Construction Forestry Mining and Energy Union and the Electrical Trades Union say the Hunter Offshore Wind Project should be more ambitious.

Tom’s Hardware

Nvidia Reportedly Runs Sting on Fake Chinese GeForce GPUs

A new report from the Chinese publication MyDrivers claims that Nvidia is cooperating with online retailers to remove fake GeForce gaming graphics cards.

ABC News

How a shadowy Russian organisation is making political and economic inroads across Africa

The world is watching Russia's actions in Ukraine. But are we missing what it's doing elsewhere?

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