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The Latest Breaking News from Mining

Saudi Industrial Activity Witnesses Remarkable Rise

Official data issued by the Saudi authorities revealed a rise in industrial investment in the Kingdom, confirming the successful endeavor to overcome the repercussions of the Covid-19 pandemic. The Ministry of Industry and Mineral Resources announced that 261 industrial facilities started their operations within the Kingdom in March, with an…

Asharq Al-Awsat

Three miners killed in explosion at Russian mine - agencies

Three miners were killed in an explosion at the Gaisky ore mining and processing plant in Russia's Orenburg region, Russian news agencies quoted the regional prosecutor's office as saying on Saturday.

Reuters

Gauhati HC panel report reveals illegal coal mining in Assam from 2003-19

GUWAHATI: Assam government has in an affidavit filed recently before the Gauhati High Court, accepted Justice (Retired) BP Katakey Commission’s report revealing extensive illegal coal mining in the Saleki proposed reserve forest and Tekok open cast during the period 2003-2019 by violating the Biological Diversity Act, 2002.

The Times of India

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Poland: More blasts at mine where rescuers seek 7 missing

Mining officials in Poland say new methane explosions in a coal minue have injured 10 rescuers in teams preparing to search for seven people missing since two blasts killed five a day earlier

The Independent UK

Osisko Gold Royalties vs. Centerra: Which Stock is a Better Buy?

The gold market looks bullish given the current geopolitical backdrop and inflationary environment that is reducing money’s purchasing power. So, we think prominent gold mining companies Centerra (CGAU) and Osisko Gold Royalties (OR) might benefit from this backdrop. But which stock is a better buy now? Read on to learn…

StockNews.com

Analysis-Peru's Castillo hardens stance on mining protests as economy stumbles

Peru's leftist President Pedro Castillo has signaled a tougher stance on protests against mining companies that are roiling the Andean nation, the world's second largest copper producer, mobilizing the army in a sharp tactical shift from a previous conciliatory approach.

Reuters

NGT admits petition over illegal mining

Southern bench of the apex environmental tribunal issues notices to 13 respondents

The Hindu

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Diamond mines in the Northwest Territories are not a girl’s best friend

Almost three years ago, the National Inquiry into Missing and Murdered Indigenous Women and Girls (MMIWG) released its final report and among its findings, the report identified resource extraction as a site of gender violence.

The Conversation

Grieving families still waiting for answers more than 10 years after Gleision mining disaster

The families of Charles Breslin, David Powell, Philip Hill and Garry Jenkins have presented a letter to the coroner's office

Wales Online

Freeport-McMoRan Shares Fall On FY22 Copper Sales Outlook Cut

Freeport-McMoRan Inc (NYSE:FCX) reported first-quarter revenue growth of 36.1% year-over-year to $6.6 billion, beating the consensus of $6.41 billion. Adjusted EPS improved to $1.07 from $0.51 in 1Q21, beating the consensus of $0.94. Average realized prices were $4.66 per pound for copper, $1,920 per ounce for gold, and $19.30 per pound for…

Benzinga

Chile constitutional assembly knocks back ambitious environmental proposals

Chile's constitutional convention rejected on Thursday night a set of proposals focused on expanding environmental protections, especially around the major mining sector, a blow to reformers which will push the articles back to committees to be reworked.

Reuters

MP Materials Begins Construction On Texas Factory; Inks Supply Deal With GM

Mp Materials Corp (NYSE:MP) has signed a definitive supply agreement with General Motor Co (NYSE:GM) to produce alloy and magnets for the automotive giant's EV programs. The financial terms were not disclosed. Under the long-term agreement, MP Materials will supply U.S.-sourced and manufactured rare earth materials, alloy, and finished magnets for the electric motors. MP Materials' Texas…

Benzinga

Crypto Miner BitRiver Sanctioned By US Over Russian Operations: Bloomberg

The U.S. Treasury Department sanctioned crypto mining firm BitRiver, targeting one of the industry’s top data-center service providers over its operations in Russia, Bloomberg reported. The Swiss-based company BitRiver provides Bitcoin miners worldwide with energy sources, mining facilities, and large-scale management solutions, including those in Eastern Europe and Russia. Treasury announced…

Benzinga

Women in India’s West Bengal fight upcoming coal mine

Women are leading a movement to resist government efforts to set up a coal mine in Birbhum district of West Bengal.

Al Jazeera

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ABC News

Coalmining regions urged to diversify, with Chinese slowdown in coal consumption 'imminent'

Energy economists are warning coalmining regions to make urgent changes to diversify as China both reduces consumption and opens massive mines of its own.

360info

First in, first served as Moon-mining gains legality

International law was rocked by the introduction of the Artemis Accords, an agreement that allows mining on the Moon in support of scientific missions.

Kiplinger

3 Uranium ETFs That Pack a Nuclear Punch

Uranium prices have moderated but remain supported by the AI revolution and other long-term trends. Uranium ETFs can capture upside from rising power demand.

Kiplinger

5 Silver ETFs to Buy Now

Often called gold's "crazy cousin" because of its volatility, the best silver ETFs offer efficient exposure to upside price action for the precious metal.

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Newslaundry

Court’s latest blow to Goa ore mining reflects failures of state

Goa’s iron ore mining scam may seem like an old story. It is.

Newslaundry

#ChildhoodMatters Episode 14: Creche in Banspal – when the ‘welfare state’ wants to care

In July 2016, 19 children died in Nagada in the Sukinda block of Jajpur district of Odisha. They died of acute malnutrition and co-morbidities. The scandal didn’t just wake up the National Human Rights Commission and the state administration, it also woke up the local and state-level media.

Newslaundry

#ChildhoodMatters Episode 13: Putting protection on the map, one village at a time

New Zealand keeps getting left off the world maps and their tourism ministry, their Prime Minister Jacinda Ardern, comic Rhys Darby and the world wide web is all abuzz. One cheeky advertisement is trying to fix that.

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