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The Latest Breaking News from Mining

Queensland Gemfields communities in limbo 10 months on from mining moratorium

The state government is yet to reveal its plan for small-scale mining, 10 months on from announcing a temporary ban. Queensland hand miners say their livelihoods and communities are at stake.

ABC News

Bitcoin mining more emissions-intensive than beef production, uses more energy than Austria, study finds

Emissions from Bitcoin mining jumped 126-fold between 2016 and 2021, and the process used more energy than Austria or Portugal, a new study shows.

ABC News

Peru proposes 'new approach' to mining to combat economic disparities, conflicts

Peru's government proposed on Friday "a new approach" for mining companies to end social gaps and avoid conflicts in the sector, a measure taken after several conflicts in the country in recent months.

Reuters

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Why Amylyx Pharmaceuticals Is Trading Higher By Over 8%; Here Are 22 Stocks Moving Premarket

Gainers SAI.TECH Global Corporation (NASDAQ: SAI) rose 42% to $3.21 in pre-market trading after dipping 26% on Thursday. SAI.TECH recently announced the launch of new liquid cooling Bitcoin mining infrastructure products.

Benzinga

Venezuela’s mining region a hotbed of sex trafficking and violence, UN says

Fact-finding mission reports brutal massacres and sexual slavery in gold-rich arc where armed gangs fight for control

The Guardian - US

Gina Rinehart’s foray into Australian netball an exercise in climate exchange

Hancock Prospecting is buying the right to stay relevant in a society increasingly concerned with the role of mining companies in environmental destruction

The Guardian - AU

More women working at the top levels of mining, but there's still a long way to go

Women working at the highest levels of mining in Australia share their advice for future generations, as figures show a jump in the number of females studying and working in the male-dominated profession.

ABC News

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Nio Enters Race for Lithium with Australian Investment

Key Takeaways: Nio Inc. will pay $7.7 million for 12% of Australian miner Greenwing Resources, which holds the rights for the San Jorge Lithium Project in Argentina Nio is the latest electric vehicle maker to purchase lithium assets, following similar moves by domestic rival BYD and global names like Tesla…

Benzinga

Colombia's trailblazing vice president: Black, female and champion of the 'nobodies'

LA TOMA, Colombia — Shovel and wooden pan in hand, rubber boots hoisted up to his shins, Leider Ocoró Ambuila strolled past the zapote tree, past the stands of ripening bananas, past the cow pen, down to the banks of the Ovejas river.

Los Angeles Times

Bitcoin climate impact greater than gold mining, study shows

Environmental damage of producing cryptocurrency averages 35% of its market value over past five years

The Guardian - UK

Commentary: How the US came to protect the natural world — and exploit it at the same time

You might come across the remnants of a tramway or a pile of mine tailings or a rusted tank — if you know where to look in Death Valley National Park, Wrangell-St. Elias Park and Preserve in Alaska, Glacier Peak Wilderness in Washington’s Cascade Mountains or Bears Ears National Monument…

Los Angeles Times

Mirarr traditional owners furious over suggestion Jabiluka uranium could be mined

An independent report commissioned by ERA suggests that the company could pay for the rehabilitation of one mine site by establishing another.

ABC News

Ex-skip knocks Rinehart's Diamonds support

Mining magnate Gina Rinehart is helping ease the financial woes of Netball Australia with a massive sponsorship for the Diamonds, but Sharni Norser isn't happy.

AAP

Thailand's tin: Mining our real history

Long before Thailand became a hub for industries like auto manufacturing, tourism and healthcare, it was a global hub for tin. In the late 19th and early 20th centuries, the mining of tin along the Andaman Sea coastline created wealth for Siam.

Bangkok Post

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ABC News

Scepticism over Queensland businessman's 'clean' coal-to-hydrogen project in Tasmania's Fingal Valley

A Queensland businessman and "ex-Rhodesian special forces soldier" who says his success is a result of "doing God's will, God's way" plans to re-open a coal mine to fuel a hydrogen plant, and claims it will be the world's first clean coal-to-hydrogen project.

Benzinga

He Bet Against Subprime Mortgages, Now John Paulson Is Bullish On Gold Stocks: 2 Gold Mining High Yielders He Owns

A Wall Street investor, who's his claim to fame was betting against subprime mortgages by using credit default swaps, appears to be bullish on equities in the gold sector.

Tribune News Service

Nation's consumer watchdog taking aim at 'buy now, pay later' lenders

The nation's consumer watchdog plans to start regulating the booming "buy now, pay later" industry, voicing concerns about potential abuses, data mining and consumers being enticed to overextend themselves.

The Independent UK

Pollution from Florida mining a concern with Hurricane Ian

Environmental groups say the polluted leftovers of Florida’s phosphate fertilizer mining industry are at risk for leaks or other contamination triggered by Hurricane Ian

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Reuters

Revised Colombia tax bill still puts mining investment at risk -industry group

A tax reform proposed by Colombia's leftist government will put mining investment and production at risk, despite modifications to the bill announced this week, the head of the country's mining association said on Tuesday.

The Hindu

Explained | The NASA spacecraft-asteroid collision

What is the ‘kick’ method which was used to deflect an asteroid headed towards earth? How can the technique be further utilised for space mining technologies?

The Conversation

Nigeria’s sacred Osun River supports millions of people - but pollution is making it unsafe

Pollution has become a worrying threat to Nigeria’s Osun River. The river supports millions of people who rely on the water for agriculture as well as industries. It is also an integral part of Nigeria’s treasured Osun-Osogbo sacred grove, a UNESCO world heritage site. Emmanuel O. Akindele unpacks what’s causing…

The Guardian - UK

From the £25,000 wreck to the £25m home with an indoor pool: what three house sales tell us about modern Britain

Thousands of homes are sold each day across the country, and each has its own story, from the drug- and crime-ridden streets of a former mining town to the ever more bizarre demands of the super-rich

Reuters

Colombia gov't agrees to ease tax changes to oil, mining

Colombia's government agreed on Monday to modify a tax reform proposal under debate in congress and continue to allow oil and mining companies to deduct royalty payments from their taxes in the wake of a wave of industry criticism.

Newcastle Herald

Mining, jobs and an MP's story: Repacholi to deliver maiden speech in parliament Tuesday

Safe, secure employment is the number one to everything here in the Hunter.

WEKU

In Chile's desert lie vast reserves of lithium — key for electric car batteries

Chile is part of a South American region known as the "lithium triangle," where miners are trying to meet skyrocketing demand for the material.

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