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The Latest Breaking News from Mining

Ex-union boss tells judge no debt existed

Former ALP politician Ian Macdonald denies in the NSW Supreme Court that he did anything wrong by awarding a coal exploration licence to an ex-union boss.

AAP

Queensland coal communities hope rising royalties will fund extra doctors, better roads

Regional areas are facing doctor shortages and roads that need upgrading. Mining communities hope the new royalties program could fix those problems.

ABC News

Negotiations with indigenous groups test Ecuador's government

Largely fruitless negotiations between Ecuador's government and indigenous groups are testing President Guillermo Lasso's ability to head off renewed street protests and ensure fiscally crucial mining investments, indigenous leaders and industry experts say.

Reuters

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Former minister Ian Macdonald 'cost NSW $100 million', court told

Macdonald, 73, has pleaded not guilty to misconduct in public office accused of favouring the interests of the mining company by directly allocating the licence without inviting expressions of interests or a competitive tender.

Newcastle Herald

Ex-minister cost NSW millions, judge told

The retrial of Ian Macdonald has been told the former NSW Labor minister cost the state millions by improperly granting an Upper Hunter mining licence.

AAP

Ecuador indigenous demand rulings against extractive industries be enforced

Two indigenous communities from Ecuador's Amazon region on Tuesday demanded the Constitutional Court enforce rulings from 2018 and 2019 to protect thousands of hectares (thousands of acres) of tropical jungle from oil and mining projects.

Reuters

Punjab: AAP govt has failed to check illegal mining, says leader of opposition Partap Bajwa

CHANDIGARH: Leader of opposition (LoP) Partap Singh Bajwa on Tuesday disputed claims of the Aam Aadmi Party (AAP) government that it had managed to stop illegal mining in Punjab.

The Times of India

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LGBTQIA+ teens' Prideful Broken Hill, Rainbow Shoelace Project gains worldwide popularity

Growing up in a remote mining city, teenagers Abbie Kelly and Max Dawnn are no strangers to discrimination. They want to change the way LGBTQIA+ people are treated.

ABC News

To preserve Amazon, indigenous groups call for debt forgiveness

Indigenous groups from across the Amazon basin called on Monday for financial institutions to forgive the sovereign debts of the South American nations that comprise the Amazon rainforest, in exchange for commitments to preserve the environment.

Reuters

Ethereum: second biggest cryptocurrency to cut energy use by over 99%, but the industry still has a long way to go

Cryptocurrencies use an eye-watering amount of energy. Ethereum, the world’s second-largest cryptocurrency, uses an estimated 78 terawatt hours of electricity each year, comparable to the power consumption of Chile.

The Conversation

TDP accuses YSCRP of ‘shielding’ mining mafia in Kadapa district

Party leaders say mining of gravel is happening more than the permitted level in the district

The Hindu

This “lifeless” Chilean desert harbors salty pools of microbes

The famously dry region has long been dismissed as a mostly lifeless wasteland, good for little more than mining. To these researchers, it’s a microbial gold mine worthy of protection.

Inverse

Explained | Hemant Soren and the Jharkhand political crisis

Besides the prospect of disqualification as an MLA, Chief Minister Hemant Soren faces two PILs in the Jharkhand High Court relating to corruption and money laundering

The Hindu

How this Liverpool Plains community rallied to defeat Shenhua Watermark open-cut coal mine

When a Chinese mining company was approved to rip a 35-square-kilometre open pit in this tiny community, the residents were having none of it.

ABC News

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ABC News

Nhulunbuy looks towards its post-mining future as it celebrates 50 years of existence

The remote Australian mining town of Nhulunbuy celebrates its 50th anniversary in style, while looking towards an uncertain but optimistic future.

Benzinga

Flow-Through Shares Offering Financing & Extension of Warrants

Montréal – TheNewswire - September 2, 2022 – St-Georges Eco-Mining Corp. (CSE:SX) (OTC:SXOOF) (FSE:85G1) is pleased to announce a non-brokered private placement offering of "flow-through" units at a price of $0.325 for total gross proceeds of up to $4,500,000.

The Hindu

Rains wash out Singareni plans to go beyond 70 MT mining

Hopes pinned on production in new mines to reach target

ABC News

Katy Gallagher and Stuart Robert call for investigation into Greywolf Resources on Q+A, after Aussies lose millions

The Shadow Assistant Treasurer joins calls for ASIC to look into Greywolf Resources, after dozens of Australians lose their hard-earned savings by investing in the purported mining exploration business.

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news in one place.

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The Hindu

Karnataka iron ore mining | Why has the Supreme Court relaxed a decade-old ban?

Ten years after it clamped down on illegal iron ore mining in Karnataka, why has the Supreme Court relaxed its orders on production and sale of iron ore in the state?

AAP

China diplomacy key to green steel bonanza

Energy-hungry industries get little advantage from Australia being richly endowed with gas and coal, but mining and steelmaking could win in a net-zero economy.

ABC News

Class action launched on behalf of anti-mining protesters who were capsicum sprayed by Victoria Police

Lawyers say the use of capsicum spray by Victoria Police against anti-mining protesters at a demonstration in Melbourne in 2019 was unlawful and excessive.

The Guardian - AU

Labor rules out mining tax despite Ross Garnaut warning of ‘deep wounds’ from energy prices

Economist tells Jobs and Skills Summit ‘we are kidding ourselves’ if Australia focuses on wage rises rather than mineral rent tax

The Conversation

The Artemis I mission marks the start of a new space race to mine the Moon

NASA plans to launch the Artemis I lunar mission this Saturday, September 3, after a first attempt earlier in the week was cancelled at the last minute due to engine trouble.

Benzinga

EXCLUSIVE: Bitcoin Price Fluctuations Do Not Affect Miners' Profitability, BitPatagonia CTO Says

Fluctuations in the prices of Bitcoin (CRYPTO: BTC) only affect investor sentiment in the short term and do not impact miners’ profitability.

StockNews.com

3 Gold Stocks to Help Hedge Your Portfolio

Gold has fallen from its highs this year. However, the metal could soar once again soon, according to analysts. Moreover, as gold is considered a safe haven asset, we think gold mining stocks Torex Gold (TORXF), GCM Mining (TPRFF), and Jaguar Mining (JAGGF) might be solid buys to hedge one’s…

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