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The Latest Breaking News from Mining

Congo auditor says $400 million went missing from state mining company

More than $400 million in tax advances and loans that Democratic Republic of Congo's state mining company Gecamines said it paid to the national treasury cannot be found, according to a report by the government's public finances watchdog.

Reuters · Jun 4, 2022

NTPC record: 10mn tonnes coal produced from mines in Jharkhand

RANCHI: With a record production of 10 million tonnes coal from the Pakri Barwadih mine in the state in May this year, the National Thermal Power Corporation (NTPC) has been able to achieve highest ever production of 16 lakh tonnes in a month ever since it started mining the mineral,…

The Times of India · Jun 3, 2022

The riches flowing from Victoria's 'new gold rush'

The gold rush of the 1850s transformed Victoria, but for all the precious metal extracted back then, some believe as much again lies waiting to be discovered.

ABC News · Jun 3, 2022

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Jharkhand mining scam: PIL against Soren maintainable, says HC

Plea seeks probe into role of CM in grant of mining lease

The Hindu · Jun 3, 2022

Why Bitcoin- And Ethereum-Related Stocks Are Diving Today

Shares of crypto-related stocks, including Coinbase Global Inc (NASDAQ: COIN) and Marathon Digital Holdings Inc (NASDAQ: MARA), are trading lower after Coinbase announced a hiring freeze and Gemini announced layoffs ami

Benzinga · Jun 3, 2022

New York Imposes Two-Year Moratorium on Crypto Mining Firms

In a bid to address environmental concerns over proof of work (PoW) mining, The New York State Senate has passed a Bill, that imposes a two-year moratorium on new crypto mining firms that use non-renewable power.

Benzinga · Jun 3, 2022

Bill to limit cryptomining passes New York Legislature

The New York Legislature has approved a milestone measure that would tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels

The Independent UK · Jun 3, 2022

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MIGI: Rapidly Growing Digital Currency Mining & Infrastructure Provider

By M. Marin NASDAQ:MIGI

Benzinga · Jun 3, 2022

New York Passes Bill To Ban Certain Bitcoin Mining Operations To Preserve Environmental Impact

Friday early morning, New York lawmakers passed legislation banning certain bitcoin mining firms from using carbon-based energy sources.

Benzinga · Jun 3, 2022

40 Government Agencies Strive for Quality Industries in Saudi Arabia

The National Industrial Development and Logistics Services Program (NDLP) is seeking to work with 40 Saudi government agencies to achieve qualitative industries represented in partial and total manufacturing and the development of the supply chain in machinery, medical equipment, cars, military industries and renewable energy. The NDLP aims to transform…

Asharq Al-Awsat · Jun 3, 2022

How China's Lithium Leverage Impacts Tesla And Other EV Makers

China’s jump on raw materials for EV minerals will make it hard for other countries to compete, and most lithium is mined, refined and processed by China.

InsideEVs · Jun 2, 2022

Woppa-Great Keppel Island's future in limbo as Gina Rinehart abandons plans to redevelop

There were high hopes mining magnate Gina Rinehart would be the one to pull off what others had so far failed to do. So what now for the future of Great Keppel Island?

ABC News · Jun 1, 2022

Morocco’s Managem to Supply Renault with Cobalt for EV Batteries

Moroccan mining company Managem SA said on Wednesday it signed a deal to supply French carmaker Renault Group with low carbon cobalt sulphate, a key component for electric vehicle (EV) batteries. Under this seven-year supply deal, Managem will supply Renault with 5,000 tons of cobalt sulfate annually starting from 2025.…

Asharq Al-Awsat · Jun 1, 2022

Australian businesses benefited from rising prices. Workers? Not so much

Strong GDP figures and growth is disguising what’s really happening: a shift to an economy where workers get less and less of their fair share

The Guardian - AU · Jun 1, 2022

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The Guardian - AU · Jun 1, 2022

Job vacancies jump by a quarter in regional Australia, outstripping mining boom record

Rural areas now have 84,600 unfilled jobs, far exceeding the 2011 peak, despite constraints of limited housing

France 24 · May 31, 2022

Glencore scandal: Cameroon opposition demands inquiry into bribery

In tonight's edition: Senior officials of state companies in Cameroon are accused of accepting bribes from Swiss-based mining giant Glencore. In Egypt, two months after opposition figure Alaa Abdel Fattah started a hunger strike, his supporters are demanding his release from captivity. And in Libya, traditional ceramics are not finding…

Benzinga · May 31, 2022

Russian Minister Calls for Regulation on Crypto Mining

Asserting that mining of cryptocurrencies in Russia accounts for more than 2% of the total volume of energy consumed in the country, more than the electricity being used for agriculture, Vasily Shpak, Deputy Head of the Ministry of Industry and Trade said the sector needs to be regulated.

The Times of India · May 31, 2022

Not Sonbhadra, but Sonrai in UP's Lalitpur holds potential to emerge as goldmine

LUCKNOW: In a few weeks, Uttar Pradesh will become the third state in the country that will provide rock phosphate, touted to be more precious than gold, on a large scale. The mining department has commenced the process of auctioning 10 mineral blocks and has posted the tender document over…

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The Guardian - UK · May 31, 2022

Never forget the misery that Margaret Thatcher caused

Letters: Amid debates about the statue of the former prime minister in Grantham, Dorinda Stokes recalls the suffering of mining and shipyard communities. Plus letters from Ian Marsden and Dominic Shelmerdine

Benzinga · May 31, 2022

Russia Estimates That Bitcoin, Ethereum, Crypto Mining Consumes 2% Of Total Electricity

A recent government estimate shows that nearly 2% of the total electricity consumption in Russia goes into crypto mining.

Asharq Al-Awsat · May 31, 2022

10 Alliances Seek Offshore Mining Opportunities in Saudi Arabia

Ten alliances are interested in mining the seas to extract sodium fluoride, minerals, and salts of the reverse water, announced the Governor of the Saline Water Conversion Corporation (SWCC), Abdullah al-Abdul-Karim. Speaking to Asharq Al-Awsat on the sidelines of the Innovation Driven Desalination conference in Jeddah, al-Abdul-Karim said that the…

The Times of India · May 31, 2022

Agra mining inspector suspended

LUCKNOW: The mining department on Monday suspended an inspector posted in Agra for dereliction of duty and negligence after trucks were found carrying sand without an inter-state pass.

ABC News · May 31, 2022

Gina Rinehart's Hancock Prospecting backs out Woppa-Great Keppel Island resort redevelopment

A traditional owner confirms the mining magnate's Hancock Prospecting has abandoned its plans for a "world-class, year-round beach club, sandy bars and shopping".

AAP · May 31, 2022

Union urges Qld Labor to review election

The Construction, Forestry, Maritime, Mining and Energy Union has urged the Labor Party to review its poor election result in Queensland.

The Conversation · May 30, 2022

Tapping mineral wealth in mining waste could offset damage from new green economy mines

To go green, the world will need vast quantities of critical minerals such as manganese, lithium, cobalt and rare earth elements. But to some environmentalists, mining to save the planet is a hard pill to swallow if it leads to damage to pristine areas.

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