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The Latest Breaking News from Mining

Is Tesla Buying A Lithium Mining Company? What Elon Musk Has To Say

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday it is quite possible the electric vehicle maker could buy a mining company to fuel its needs for lithium and other raw materials that go into making rechargeable batteries.

Benzinga

Andhra Pradesh: Kalava questions waiver of ₹1.92 crore mining royalty on Govt. Whip

ANANTAPUR

The Hindu

Council rejects 35-year Pakiri sand mining bid

Residents win major battle against McCallum Bros, Auckland’s biggest supplier of sand for concrete, as Auckland Council rejects a resource consent application to take more sand.

Newsroom.co.nz

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Hecla Mining: Q1 Earnings Insights

Hecla Mining (NYSE:HL) reported its Q1 earnings results on Tuesday, May 10, 2022 at 03:30 AM. Here's what investors need to know about the announcement.

Benzinga

Jharkhand Mining Secretary appears before Enforcement Directorate in money-laundering case

The Agency had briefly questioned Pooja Singhal during the raids that were conducted against her, her businessman husband Abhishek Jha and others on May 6 in Jharkhand and few other locations.

The Hindu

Crypto Coin: Mining Capital Coin CEO Indicted For $62M Crypto Fraud

Luiz Capuci Jr., the CEO and founder of MCC misled investors about MCC’s cryptocurrency mining and investment program.

Zenger

Northern Tasmania needs more people, and businesses want government help to get them

Businesses in the marginal Liberal seats of Bass and Braddon want help getting people to the island. They also need somewhere to live.

ABC News

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‘This is a protest painting’: Aboriginal artists speak out in show backed by mining giants

In a landmark exhibition supported by the resources sector, Indigenous artists from the Pilbara don’t hold back about dispossession and exploitation

The Guardian - AU

SSR Mining: Dividend Insights

Wednesday marks the last chance for investors to receive the next dividend payout from SSR Mining (NASDAQ:SSRM).

Benzinga

Ron Sayers, West Australian mining legend who grew Ausdrill into a billion-dollar company, dies aged 70

West Australian mining tycoon Ron Sayers has died after building a mining services company from a single drill rig in Kalgoorlie-Boulder into a billion-dollar global empire.

ABC News

Queensland's Mount Isa Mines faces $5m lawsuit over allegations lead poisoning caused teenager's brain damage

The mother of a Queensland teenager with an intellectual disability is suing mining company Mount Isa Mines for $5 million in damages, alleging her daughter's brain damage is the result of lead poisoning caused by emissions from the mine.

ABC News

Dozens dead after suspected militia raid in eastern Congo

Dozens of people were killed and many more are missing after armed men raided a mining encampment near the town of Mongwalu in the Democratic Republic of Congo's eastern Ituri province on Sunday, three civil society leaders said.

Reuters

The rush to renewable energy means a new mining boom. But first, Australia needs to make some tough choices

Electric cars, solar panels and wind turbines — green technology relies on what can be a dirty industry. Why acting on climate change may require a massive increase in mining.

ABC News

Coal class actions discontinued but question marks over other industries

End of coal class actions

Newcastle Herald

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The Hindu

e-auction for mining leases from May 11

Tender details to be available on e-procurement portal

Manchester Evening News

Life in the tucked away village where "Morrisons didn't last two minutes"

Right on the edge of Greater Manchester lies a former coal mining village that retains a tight knit community and some of the most affordable houses in the region

Liverpool Echo

We visited the tucked away village where 'Morrisons didn't last two minutes'

Former coal mining community has its own nature reserve and is attracting new residents

Reuters

Chile constitutional assembly does not okay expanded state mining rights

Chile's constitutional assembly passed articles expanding environmental rights on Saturday, but stopped short of approving a proposal to give the state exclusive mining rights over lithium, hydrocarbons and rare earth metals and majority ownership of copper mines.

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The Hindu

Rajasthan to evolve guidelines on mining in forest areas

JAIPUR

Asharq Al-Awsat

Saudi Arabia to Attract Investments Worth $32 Bln in Mining, Minerals Sector

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said Friday that the ministry has a goal to attract investments worth $32 billion to its mining and minerals sector through nine new projects. The projects are aimed at supporting supplies of mineral products to local and international markets. Alkhorayef added…

The Guardian - UK

‘Nature doesn’t fix itself fast’: Greenland weighs up economy v. climate crisis

As the island eyes tourism and mining it is also mindful of controlling the cost

Newcastle Herald

'Get off your arse and get up here': Upper Hunter's message to leaders

'It's not our job': Councils forced into the void due to lack of action on Upper Hunter diversification.

Benzinga

What's Going On With Bitcoin- And Ethereum-Related Stock SOS Limited Today?

Shares of Chinese companies, including Sos Ltd - ADR (NYSE: SOS), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Tribune News Service

Tesla confirms Vale nickel deal, lifts veil on US race data

Tesla Inc. confirmed a deal to buy nickel from mining giant Vale SA among other metal-supply contracts in an annual report on the company’s global impact, which also provided detailed data on the racial composition of its U.S. workforce.

Benzinga

Nvidia Agrees To Pay $5.5M Penalty For Insufficient Disclosure Of Crypto Impact

NVIDIA Corporation (NASDAQ:NVDA) agreed to settle civil charges for inadequate disclosure of the impact of crypto mining on its gaming business. The chipmaker will pay $5.5 million to the U.S. SEC for misleading investors and analysts interested in understanding the impact of crypto mining on Nvidia's business. Despite having information, Nvidia failed to…

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