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The Latest Breaking News from Mining

How much water and power will AI data centres use in Australia? Ironically, we don’t have the data to know

Australia’s data centre rush now rivals the mining boom. OpenAI chief executive Sam Altman last week said Australia could become a “data centre capital of the world”.

The Conversation

Hycroft Delivers $10 Billion NPV from Technical Report at Spot Prices While Advancing High-Grade Brimstone and Vortex Silver Discoveries

WINNEMUCCA, Nev., June 3, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company"), is pleased to announce the results from its S-K 1300 Technical Report Summary and Initial Assessment (the "TRS"), which outlines the economics and mine plan for a milling operation utilizing conventional pressure oxidation…

AAP

Why is Gold Stuck in Neutral?

Gold’s price dropped by over $1,500 per ounce from the late January record high to the March low. In April and May, gold prices have consolidated in an under $470 range. At near $4,500 per ounce, gold is stuck in neutral in early June 2026.

Barchart

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Fear shadows Peru’s runoff vote as extortion and killings surge nationwide

Peru is grappling with a surge in extortion and violence, especially in areas like Trujillo

The Independent UK

Why do male chimpanzees throw rocks at the same trees for more than a decade? We travelled to remote Guinea-Bissau to find out

Walking through the savanna-woodland landscape of Boé National Park, Guinea-Bissau, you might encounter a tree covered in gnarled scars, with an accumulation of rocks surrounding its base.

The Conversation

HIVE Digital Technologies Q4 Earnings Call Highlights

HIVE Digital Technologies (NASDAQ:HIVE) reported sharp year-over-year revenue growth for its fiscal 2026 and used its earnings call to outline an expanded strategy centered on high-performance computing, artificial intelligence infrastructure and continued Bitcoin mining cash flow. President and Ch

MarketBeat

2,000-year-old Roman gold mine found buried beneath a Spanish mountain reveals how ancient engineers moved millions of tonnes of earth

For decades, archaeologists suspected that a strange landscape hidden in the Spanish Pyrenees was more than a product of nature. Deep trenches, artificial ravines and enormous excavated areas hinted at a forgotten human story buried beneath the mountains. Now, researchers have confirmed that the site, known as Guilleteres d'All in…

The Times of India

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Tribal Affairs Minister should be concerned: Congress flags protests in Odisha against bauxite mining project

Villagers in Odisha's Koraput district are protesting bauxite mining by Kalinga Alumina Ltd. Congress alleges illegal diversion of forest land and fraudulent gram sabha approvals. Tribal Affairs Minister Jual Oram is urged to address these agitations occurring across Odisha. Similar accusations are leveled against Vedanta and Adani-linked firms.

The Economic Times

FED:Australian shares pare losses as mining stocks bounce

The ASX has edged lower for a second session as concerns about Australia's economic growth and the ongoing Persian Gulf conflict unnerve investors.

AAP

First Time Playing 'Minecraft?' Here's a Beginner Guide to Get You Going in 2026

A beginner guide to "Minecraft" survival, crafting, mining basics, and first night tips, helping new players explore, build shelter, and stay alive easily.

Player One

'Village just vanished': Death toll rises to 43 in Myanmar mining blast

An explosion in the Shan state of Myanmar, close to the border with China, has now resulted in 43 fatalities, including the lives of seven children, with many others suffering injuries. This catastrophic event was triggered by mismanaged mining explosives, which almost entirely devastated the local village of 200 houses.

The Times of India

Rescuers dig for bodies after a mining explosives blast in Myanmar kills at least 43

More than a dozen rescue and charity groups are using excavation machinery to recover bodies following a massive blast from stored mining explosives in northeastern Myanmar

AAP

Elliott Publishes Presentation Outlining Perspectives on Value Creation at Northern Star Resources Ltd

WEST PALM BEACH, Fla., June 2, 2026 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together hold an investment of well over A$1 billion in Northern Star Resources Ltd ("Northern Star" or the "Company"), today published a presentation titled "Northern Star Rising." In its presentation, Elliott outlined…

AAP

Bitdeer Launches SEALMINER DL1 Hydro Achieving 52.5 GH/s and 149 J/GH Power Efficiency

SINGAPORE, June 01, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for AI and Bitcoin mining infrastructure, today announced the launch of its latest hydro-cooling mining machine, the SEALMINER DL1 Hydro. Designed for Scrypt algorithm mining, the DL1 Hydro integrates Bitdeer’s…

AAP

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The Economic Times

India's industrial output in April slows on year to 4.9% under new series

India's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2022-23. The expanded index now includes 120 new item groups, capturing emerging segments and providing more granular data across sectors like manufacturing, mining, and electricity.

AAP

Embracing a Zero-Carbon Future | The 6th LiuGong Global Customer Day Held in Liuzhou

LIUZHOU, China, June 1, 2026 /PRNewswire/ -- On May 31, the 6th LiuGong (000528.SZ) Global Customer Day was held in Liuzhou, China. Mr. Su Zimeng, President of the China Construction Machinery Association, Mr. Song Zhiping, President of the China Association for Public Companies, Mr. Zheng Jin, Chairman of LiuGong Group…

MarketBeat

Cango Q1 Earnings Call Highlights

Cango (NYSE:CANG) reported first-quarter 2026 revenue of approximately $102 million, driven primarily by its Bitcoin mining business, as management said the company is prioritizing cost discipline and cash flow resilience over hash rate scale during a period of industry adjustment. Chief Executive

The Independent UK

At least 39 dead as explosion rocks rebel-held village in Myanmar: ‘Felt like world had come to an end’

Blast reportedly struck a building used for storing mining explosives

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AAP

Explosives blast in Myanmar village kills 55: reports

At least 55 people have been killed in a blast at an explosives depot in northeastern Myanmar, local media reports say.

The Times of India

More than 45 killed, around 70 injured in blast at explosives storage building in Myanmar

An explosion at a building reportedly storing mining explosives in northeastern Myanmar killed over 45 people and injured around 70. The blast occurred Sunday in Kaungtup village, near the Chinese border, an area controlled by the TNLA. Rescue efforts are ongoing, with 46 bodies recovered and 74 injured taken to…

Tom’s Hardware

New AI-compute cryptocurrency Pearl sparks a GPU mining rush but profitability is already sliding — RTX 5090 daily revenue has halved to $17.19 since April

A new cryptocurrency called Pearl has set off a short-lived GPU mining rush.

The Times of India

At least 5 killed after collapse at illegal mining operation in China

A collapse at an illegal mining operation in China's Yunnan province on Sunday resulted in at least five fatalities and one injury. Six individuals were trapped, with all recovered and taken to the hospital. Authorities are investigating the cause of the incident, which follows a deadly coal mine explosion in…

The National (Scotland)

Scottish Government urged to help after 100 homes evacuated by ground movements

THE Scottish Government has been formally requested help by a council leader after 100 homes were evacuated following ground movements in a former…

The Economic Times

Mining turns India's heat-shield hills to dust

Dizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a forested buffer that New Delhi relies on for protection from furnace-hot desert winds. "If we don't protect the Aravalli, the northern Gangetic plains -- which is a food basket for the rest of the…

MarketBeat

Marathon Digital Bets Its Bitcoin Mining Power Assets Can Fuel AI Data Center Growth

Marathon Digital (NASDAQ:MARA) Chairman and Chief Executive Officer Fred Thiel said the company’s push into AI and high-performance computing infrastructure has been a multiyear process built on its experience aggregating low-cost power and data center capacity for bitcoin mining. Speaking at TD Co

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