The Latest Breaking News from Mining

What's Going On With Bitcoin- And Ethereum-Related Stock SOS Limited Today?

Shares of Chinese companies, including Sos Ltd - ADR (NYSE: SOS), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Benzinga · May 6, 2022

Tesla confirms Vale nickel deal, lifts veil on US race data

Tesla Inc. confirmed a deal to buy nickel from mining giant Vale SA among other metal-supply contracts in an annual report on the company’s global impact, which also provided detailed data on the racial composition of its U.S. workforce.

Tribune News Service · May 6, 2022

Nvidia Agrees To Pay $5.5M Penalty For Insufficient Disclosure Of Crypto Impact

NVIDIA Corporation (NASDAQ:NVDA) agreed to settle civil charges for inadequate disclosure of the impact of crypto mining on its gaming business. The chipmaker will pay $5.5 million to the U.S. SEC for misleading investors and analysts interested in understanding the impact of crypto mining on Nvidia's business. Despite having information, Nvidia failed to…

Benzinga · May 6, 2022

In Indonesia’s illegal mines, the poor risk it all for fortune

Deaths of 12 women last month are the latest in a series of fatal accidents in country’s illicit mines.

Al Jazeera · May 6, 2022

Chamber of commerce 'disappointed' with City of Kalgoorlie-Boulder on housing inaction

The Kalgoorlie-Boulder Chamber of Commerce and Industry says the lack of new housing is causing mining companies to price locals out of the market.

ABC News · May 6, 2022

Bougainville starts process to reopen controversial Panguna mine

Officials say the facility will provide crucial income despite causing war and pollution the last time it was open.

Al Jazeera · May 6, 2022

Friday essay: writing poems across oceans, cultures and emails – John Kinsella on creative collaboration

My maternal grandfather was an artist who was a sign-writer. On commission, and under the eye of the public, he painted the giant Queen Elizabeth for the 1954 ‘Royal Visit’ and the giant Captain Cook (with map of ‘New Holland’) for the 200th ‘celebrations’. These lines, read on their own,…

The Conversation · May 5, 2022

UK Sanctions Russian Steelmaker Evraz, Part-Owned by Billionaire Abramovich

The British government said on Thursday it had sanctioned steel manufacturing and mining company Evraz, whose biggest shareholder is sanctioned billionaire Roman Abramovich, in response to Russia's invasion of Ukraine. "The steel manufacturing and mining company operates in sectors of strategic significance to the Government of Russia," the government said…

Asharq Al-Awsat · May 5, 2022

Why AMC-Related Stock Hycroft Mining Is Popping Off

Hycroft Mining Holding Corporation (NASDAQ: HYMC) shares are trading higher by 27.92% at $1.79 after the company reported first-quarter earnings results. 

Benzinga · May 5, 2022

Qantas Airways Acquires Remaining 80% Stake In Alliance Aviation For $443M: Reuters

Australia’s Qantas Airways (OTC:QABSY) said it is acquiring the remaining 80% stake in Alliance Aviation Services for A$610.8 million ($443.14 million) in an all-stock deal, Reuters reported. The acquisition is expected to expand Qantas’ presence in the charter business. The airways will make use of the increased activity in the mining sector after reopening international…

Benzinga · May 5, 2022