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The Latest Breaking News from Mining

Option Volatility And Earnings Report For October 21 - 25

It’s a busy week of earnings, with a lot of big names due to report including Tesla, Boeing, Newmont Mining, International Business Machines, and UPS all set to report.

Barchart

Billionaire mining boss says it was ‘regrettable’ he didn’t disclose overseas revenue to ATO

Mineral Resources shares fell more than 10% after comments by founder Chris Ellison following AFR tax investigation

The Guardian - AU

Labour shortages still 'number one' concern: RBA

Firms are struggling to retain workers as activity from mining, infrastructure projects and even the 2032 Brisbane Olympics keeps demand for labour high.

AAP

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BHP Goes On Trial In London Over 2015 Toxic Brazil Mine Disaster

Australian mining giant BHP goes on trial on Monday over one of Brazil's worst environmental disasters, potentially triggering billions of dollars in compensation to be shared among hundreds of thousands of plaintiffs.

International Business Times

Lucky buyer scores ten Nvidia GTX 1070 GPUs for $100 — nine out of 10 are working after a good bath

Youtuber Bryan, who runs Tech Yes City, picked up ten untested Inno3D GTX 1070 8GB GDDR5 graphics cards that are likely from a mining farm.

Tom’s Hardware

3 Metals & Mining Stocks to Buy for Inflation Protection

Prices for precious and industrial metals are increasing thanks to shifting global demand and central bank policies. In light of this, I have evaluated quality metals and mining stocks, BHP Group Ltd. (BHP), Rio Tinto (RIO), and Southern Copper Corp. (SCCO), that could help protect your portfolios from inflation.

StockNews.com

Afro-Colombians fight the effects of gold mining through biodiversity projects in a violent region

Many initiatives by ethnic communities in impoverished Choco in northwestern Colombia aim to fight back against the environmental devastation inflicted upon the Atrato, a river that weaves around some 750 kilometers (470 miles) through northern Colombian jungles

The Independent UK

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Colorado gold mine where tour guide was killed and tourists trapped ordered closed by regulators

State regulators have ordered a former Colorado gold mine where a tour guide was killed and a group of tourists was trapped for hours after an elevator accident to remain closed while its operations are reviewed

The Independent UK

FCX Q3 Forecast: Is This Copper Mining Stock a Buy Ahead of Earnings?

Freeport-McMoRan is a copper mining company that has crushed broader market returns in the past five years. Can it deliver yet again in Q3 of 2024?

Barchart

This Bitcoin Mining Stock is a Buy Now, Here's Why

Here’s why this Bitcoin mining stock presents a strong buy opportunity.

Barchart

Absence of survey, local resistance: Assam limestone mining auction in limbo

In December last year, the Assam government issued a tender for the auction of seven limestone mines in Dima Hasao district, which operates under the sixth schedule of the Constitution, and is governed by an autonomous council that represents its tribal communities.

Newslaundry

‘I’ve seen the dark, fat grease stuck to the leaves’: oil and gas encroach on Peru’s uncontacted peoples

The government is auctioning off plots of pristine Indigenous reserves for fossil fuel projects, with campaigners warning of a ‘silent genocide’

The Guardian - UK

Trial Into Brazil Mining Disaster To Open In London

A long-awaited trial into whether Australian miner BHP is liable for one of Brazil's worst environmental disasters opens in London on Monday, potentially triggering compensation totalling billions of dollars.

International Business Times

8 mining firms indicted by CAG in Odisha are political donors

Last month, a Comptroller and Auditor General report had pointed to serious lapses on part of the Odisha government which substantially helped 23 private companies deal a loss of Rs 22,392 crore in mining revenue from 2015 to 2022. Newslaundry has now found that eight of these companies, which caused…

Newslaundry

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The Independent UK

The Cornish pasty is big in Mexico and an old graveyard holds the clue to why

Hundreds of miners travelled to Mexico in 1824 to work in Real del Monte, extracting silver, copper, zinc, gold and mercury

StockNews.com

3 Gold Mining Stocks to Buy for Portfolio Safety

As gold is often seen as a safe-haven asset, gold mining companies tend to benefit when gold prices rise, offering a hedge against inflation, currency fluctuations, and geopolitical risks. Thus, amid this, it could be ideal to invest in solid gold stocks AngloGold Ashanti (AU), Agnico Eagle Mines (AEM), and…

AAP

Aussie shares finish at two-week high, near record peak

The ASX200 gained 0.5 per cent thanks in part to the big banks and mining giants, but WEB Travel Group plunged by more than a third after downgrading guidance.

Barchart

Here's How to Invest in Rising Copper Demand Forecasts

As the world transitions to renewable energy and emerging technologies, copper demand is poised to surge, with forecasts predicting a significant increase in demand through 2035. The Global X Copper Miners ETF (COPX) offers investors a way to capitalize on this trend, tracking the performance of copper mining companies.

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The Guardian - UK

BHP to face 620,000 claimants in Mariana dam collapse trial in London

Claimants seeking damages from Anglo-Australian mining company over 2015 environmental disaster in Brazil

The Guardian - UK

Oceanographer Dawn Wright: ‘When we reached the bottom, we saw a beer bottle’

The US scientist on being the first Black woman to descend to Earth’s deepest point, ignoring career advice – and what really happened to the Titan submersible

The Guardian - AU

Tanya Plibersek defends Aboriginal heritage order blocking ‘irreversible damage’ of goldmine tailings dam

Financial impact on mining company does not outweigh ‘permanent loss’ to cultural sites, environment minister says

The Independent UK

Colorado mine: One dead and 23 rescued after “equipment malfunction” leaves dozens trapped underground

A rescue operation was launched of Thursday afternoon after a dozen people found themselves trapped in a tourist mine in Colorado

France 24

University lecturers strike against illegal mining in Ghana

In tonight's edition: An indefinite strike is voted in Ghana by a major union whose members want to force the government to ban gold mining in forest reserves, farmlands and rivers. Also, we bring you an exclusive interview with Abdulwahid al-Nur, the leader of the Sudan Liberation Army Al-Nur, which…

Top News

Illegal Gold Mining Devastates Atrato River Ecosystem In Colombia

Illegal gold mining in PAIMADO, Colombia, is destroying the Atrato River, endangering communities and wildlife. Efforts to protect the river face challenge...

The Independent UK

Colombia’s river guardians battle to protect the Atrato amid threats and abandonment

Illegal gold mining along the banks of northwestern Colombia’s Atrato river is causing severe contamination and deforestation for the small, impoverished riverbank communities made up of predominantly Afro-Colombian and Indigenous peoples

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