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The Latest Breaking News from Mining

Teck Resources: A Metals & Mining Stock That Deserves a Place in Your Portfolio

Shares of Teck Resources (TECK) have soared more than 27% in price year-to-date on rising metal prices. With commodity prices expected to remain inflated this year due to a demand-supply mismatch, would it be wise to add the stock to one’s portfolio now? Continue reading to learn our view.

StockNews.com

Stocks That Hit 52-Week Lows On Wednesday

On Wednesday, 807 companies reached new 52-week lows.

Benzinga

Musk: Tesla Won't Acquire A Car Company, But Maybe A Mining Operation

Financial Times' recent Elon Musk interview is packed with juicy morsels. Now, we can stop considering whether Tesla will ever acquire another automaker.

InsideEVs

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Is First Majestic Silver Corp. a Buy Under $10?

Silver mining company First Majestic Silver Corp. (AG) has reported a sequential decline in its production in the first quarter of this year. AG’s shares have slumped more than 20% in price this year, closing the last session at less than $10. Furthermore, BMO Capital analyst Ryan Thompson has lowered…

StockNews.com

CNBC's Final Trades: Nvidia, Target, Metals & Mining And This Defensive Play

On CNBC’s “Halftime Report Final Trades,” Jon Najarian recommended SPDR S&P Metals & Mining ETF (ARCA: XME), adding “June 50 calls.”

Benzinga

Northumberland Miners' Picnic to return to Woodhorn Museum after two-year absence

There'll be live music, performance and family friendly activities to celebrate Northumberland's proud mining heritage at the event in June

Chronicle Live

Centre-State relation like that of Russia-Ukraine: Jharkhand Chief Minister Hemant Soren

Hemant Soren has been asked to furnish a reply to the Election Commission as to why he should not be disqualified for holding an "office of profit" by granting a mining lease in his favour.

The Hindu

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Tesla Playing Quidditch While EV Rivals Hockey Around Mining Goals: Morgan Stanley Analyst

Tesla Inc’s (NASDAQ: TSLA) moves to secure the supply of critical battery materials via acquisitions or deals will be a cue for what the rest of the industry plans to do next amid growing demand for electric vehicles, according to Morgan Stanley.

Benzinga

Congo mines minister seeks to cancel artisanal cobalt monopoly

Democratic Republic of Congo Mines Minister Antoinette N'Samba Kalambayi is seeking to cancel a decree granting Entreprise Generale du Cobalt (EGC) a monopoly over artisanal cobalt produced in the country, she told Reuters on Wednesday.

Reuters

Australia has rich deposits of critical minerals for green technology. But we are not making the most of them ... yet

As the transition to clean energy accelerates, we will need huge quantities of critical minerals – the minerals needed to electrify transport, build batteries, manufacture solar panels, wind turbines, consumer electronics and defence technologies.

The Conversation

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

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

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The Hindu

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.

Zenger

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.

ABC News

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.

The Guardian - AU

‘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

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Benzinga

SSR Mining: Dividend Insights

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

ABC News

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.

Reuters

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.

ABC News

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.

Newcastle Herald

Coal class actions discontinued but question marks over other industries

End of coal class actions

The Hindu

e-auction for mining leases from May 11

Tender details to be available on e-procurement portal

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