The Latest Breaking News from Mining

Fortescue Metals could face paying traditional owners millions of dollars in native title compensation claim

The Yindjibarndi traditional owners won a landmark native title case in the Pilbara in 2020 in a David-and-Goliath battle with mining giant Fortescue Metals Group, however, negotiations over royalties for mining iron ore on their land fell through. Now they are launching legal action against FMG for compensation.

ABC News · May 24, 2022

Regional Queensland voted for the Liberal National Party. What do they make of the Labor government and 'greenslide'?

The Liberal National Party has retained 70 per cent of federal seats in Queensland, leaving many in the agriculture and mining sectors worried the inner-city electorates' embrace of the Greens could deepen the regional divide between city and country.

ABC News · May 24, 2022

Should You Buy Gold Stocks Amid the Stock Market Correction?

The stock market is sinking deeper on concerns over the sky-high inflation and the Fed’s hawkish tilt. Although gold is traditionally seen as a safe-haven asset in times of uncertainties, will gold stocks be smart investments now? Let’s analyze three gold stocks, Yamana Gold (AUY), B2Gold (BTG), and Centerra Gold…

StockNews.com · May 24, 2022

Ma’aden Included on Forbes 2000 List of World’s Largest Public Companies

Forbes Global 2000 has included the Saudi Arabian Mining Company (Ma’aden) in the World’s Largest Public Companies List based on its asset value, market value, net income and revenues, reported the Saudi Press Agency. The list included 40 Arab companies, 16 of which were Saudi. Ma'aden stated that this achievement…

Asharq Al-Awsat · May 24, 2022

Update on Rogers Creek Transaction

Calgary, Alberta – TheNewswire - May 19, 2022 – Tocvan Ventures Corp. (the "Company") (CSE:TOC); (OTC:TCVNF); (WKN:TV3/A2PE64), is pleased to announce that it has executed an assignment agreement (the "Agreement") for the sale of the Rogers Creek project to Cascade Copper Corp. ("Cascade Copper"). The transaction consisted of the sale…

Benzinga · May 24, 2022

NT farmers worried about the race to renewables and lithium exploration in the Top End

Pastoralists facing the prospect of a new Northern Territory mining push to get the metals needed for renewable energy batteries fear their environmental concerns will be ignored.

ABC News · May 23, 2022

Gold Production Releases Five Times More Greenhouse Gases Into The Air Than Bitcoin Mining

If you were to ask 100 people what is worse for the environment, Gold or Bitcoin, I would not be surprised if the majority said Bitcoin. However, they would be very wrong.  Bitcoin and the energy crisis

Benzinga · May 23, 2022

Rising sea levels are driving faster erosion along Senegal's coast

Coastal retreat in West Africa is a pressing problem. The contact between land and sea on coasts produces intense erosion and sedimentation processes. When erosion is more intense than deposits of soil and sand, the sea advances and the coastline retreats. This can be caused by intense storms, coastal works,…

The Conversation · May 23, 2022

Special drive to check illegal bajri mining underway in Jodhpur

JODHPUR: Illegal gravel (bajri) mining is continuing unabated in Jodhpur despite preventive and punitive measures by the mining department, police and administrative officials.

The Times of India · May 23, 2022

Peru's Castillo shuffles Cabinet again; replaces mining minister

Peru's President Pedro Castillo shuffled his Cabinet on Sunday, including replacing the interior minister and the important mining minister amid rising tensions over protests in the world's second largest copper producing country.

Reuters · May 23, 2022