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The Latest Breaking News from Mining

Norway forced to pause plans to mine deep sea in Arctic

Small Socialist Left party threatens to block budget if government becomes first to issue licences for deep-sea exploration

The Guardian - UK

Northern Star Acquires De Grey For $3.3 Billion, Secures Promising Tier 1 Asset

Northern Star Resources announced $3.3B acquisition of De Grey Mining's Hemi gold project, boosting overall production to 2.5M ounces annually by 2029.

Benzinga

Shares hit another record amid $5 billion mining deal

The ASX200 has closed at another record high, while a $5 billion deal among two goldminers shook up the mining sector.

AAP

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Northern Star to buy WA gold developer in $5b deal

Northern Star has agreed to buy De Grey Mining in an all-scrip transaction that will give it ownership of the massive Hemi gold project in Western Australia.

AAP

Catholic church calls on president of El Salvador not to lift ban on gold mining

The Roman Catholic Church has called on the president of El Salvador not to lift the country's ban on gold mining

The Independent UK

Norway Suspends Deep-sea Mining Projects: govt Allies

Norway has suspended plans to start giving licences for deep-sea mining next year that had faced opposition from environment groups and international institutions, a party allied with the centre-left government said on Sunday.

International Business Times

Fred Thiel Celebrates As Soaring Bitcoin Sends Marathon Holdings' Market Cap To A Record High: 'Must Be Something Still To Come To Top Off MARA's 2024…Or?'

Fred Thiel, CEO of Marathon Holdings (NASDAQ:MARA), expressed gratitude for the company’s achievements this Thanksgiving, highlighting a record market cap and mining success.

Benzinga

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South Africa’s police minister promises to clamp down on illegal mining

In an interview with Al Jazeera, Senzo Mchunu says they don’t know how many people remain trapped in Stilfontein mine.

Al Jazeera

El Salvador And Bhutan – How Two Small Nations Led The National Bitcoin Reserve Race

El Salvador and Bhutan are making headlines in recent months as their Bitcoin strategies have paid off significantly with $BTC's price surge since the 2024 U.S. elections – what brought these two small countries to the spotlight?

International Business Times

Pit Liners: Essential Protection for Containment Systems

In industries where liquids or waste materials are stored in open pits or reservoirs, pit liners are an indispensable solution. Designed to provide a protective barrier, these liners prevent leaks, contamination, and environmental damage. Whether used in mining, agriculture, or wastewater treatment, pit liners ensure that stored materials are safely…

inkl

A tax on new plastic would slash waste – if built into the global treaty on plastics

Earlier this week, the mining magnate Andrew Forrest made headlines calling for a global “polymer premium” – or plastic tax – to be placed on every tonne of newly manufactured plastics. A tax like this could form part of the Global Plastic Treaty being hammered out right now in Busan,…

The Conversation

What’s behind the alarming rise in birth defects in Brazil’s illegal gold mining capital?

In Pará state children are being born with neurological disorders. Experts note similarities to the mercury poisoning disaster in Minamata, Japan – but say that is not the whole story

The Guardian - UK

In Bosnia, The Path To Renewables Runs Through Its Coal Mines

At 250 metres underground, the dust is thick and oxygen is in short supply at the Mramor mine in northeastern Bosnia.

International Business Times

How South Africa’s Famo music gave birth to Lesotho’s ‘terrorist’ gangs

Lesotho’s government has banned some Famo music groups, branding them ‘terrorist’ organisations as violence escalates.

Al Jazeera

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International Business Times

Norway Faces WWF In Court Over Deep Sea Mining

The World Wide Fund for Nature's (WWF) Norwegian chapter will have its day in court Thursday, after it sued Norway for opening up its seabed to mining before performing sufficient impact studies.

The Independent UK

El Salvador president proposes ending country's metals mining ban

El Salvador President Nayib Bukele has proclaimed himself in favor of mining gold in the Central America country and called his nation’s 7-year-old ban on metals mining “absurd.”

Benzinga

Biden Advances Greenland Mineral Partnerships As Trump Policies Could Reshape US Mining

Biden's administration pushing for critical resources in Greenland and partnerships with U.S. companies and allies to meet environmental standards.

Top News

Mali Detains Canadian Mining Company Employees Over Tax Dispute

Malian authorities arrest Barrick Gold employees in tax dispute, part of government's push for increased mining sector revenue.

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The Independent UK

Mali arrests four senior employees of Canadian mining company as it presses firms for more taxes

Authorities in Mali have arrested four senior employees of a Canadian mining company as the military regime in the West African nation continues to detain workers to pressure companies in its crucial mining sector to pay millions in additional taxes

LiveScience

'Supergiant' gold deposit discovered in China is one of the largest on Earth — and is worth more than $80 billion

Chinese officials have announced the discovery of a massive deposit of high-quality gold ore, potentially worth around $83 billion, which could end up being the largest known deposit of the precious metal anywhere in the world.

MarketBeat

Gold vs. Silver: Profit Opportunities in the Widening Spread

The spread between silver and gold is widening again to a technical level that might trigger a relative value trade for the banks and funds.

Benzinga

MARA Urges Incoming Trump Administration To Boost US Bitcoin Mining Operations To Prevent Manipulation From 'Adversarial' Nations

MARA Holdings Inc. (NASDAQ:MARA) exhorted the incoming Donald Trump administration to expand domestic Bitcoin (CRYPTO: BTC) mining operations, emphasizing the significance of the U.S.&

Al Jazeera

Is Russia poisoning Namibia’s water in its hunt for uranium?

Russian nuclear energy company Rosatom is trying to drill for uranium in Namibia. Farmers say a key aquifer is at risk.

International Business Times

Future Of Deep-sea Mining Stands At A Crucial Juncture

Torn between the defenders of the world's seabeds and industrialists eager to exploit the vast, untapped resources of the deep, the international community faces a crucial year that could decide the future of mining in the high seas.

Benzinga

Newmont Sells Mine For $795 Million, Barrick Expands Reserves; Top Miners Unfazed By Underperformance

The Éléonore sale follows Newmont's strategy to divest non-core assets following its milestone acquisition of Newcrest Mining in 2023.

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