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The Latest Breaking News from Mining

Hopes of a 10-year EV transition are ‘irrational’ pipe dreams because we don’t have enough battery materials—opening up a single copper mine takes 23 years

An expected copper shortage and mining industry dynamics are threatening to stop the EV transition in its tracks.

Fortune

US sanctions two Wagner-linked firms in Central African Republic

Sanctions aim to ‘counter Russia’s destabilizing activities in Africa’, US Treasury Department says.

Al Jazeera

Royal Mail owner agrees to takeover by Czech billionaire Daniel Kretinsky

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

France 24

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Shares fall again, wiping out gains for the month

The ASX200 fell 0.5 per cent to a four-week low during trading, with the mining sector leading the decline as sentiment sours.

AAP

The story of DIG IG’s international expansion

In light of the launch of the E2E International 100 list for 2024, we spoke to Russell Evans, Director of DIG IG, an international civil engineering and surface mining contracting business, to learn more about his story and experiences with international business expansion; delving into some of the challenges faced in…

The Independent UK

Why UK Major Firms Are Facing Takeover Attempts?

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

International Business Times

BHP Asks For More Time To Explore Anglo American Takeover

A core part of BHP's plan is splitting off Anglo's platinum holdings in South Africa, a politically sensitive move that has stirred government opposition ahead of the country's general election Wednesday.

International Business Times

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Punjab: ED raids mining locations in Bhola drugs case related probe

The Enforcement Directorate on Wednesday conducted searches at multiple locations in Punjab. Read further on Dynamite News:

Dynamite News

New Caledonia Unrest Pushes Nickel Sector Deeper Into Crisis

Weeks of unrest in New Caledonia have plunged the archipelago's nickel industry, already on government life support, closer to catastrophe, sector representatives say.

International Business Times

Is Riot Platforms Stock a Buy Ahead of Surging Summer Energy Grid Demand?

Riot Platforms stock has risen over 200% since the beginning of 2023, and trades at a compelling valuation relative to consensus price target estimates.

Barchart

‘They stole our jobs and life’: Anger and desperation in India’s coal belt

People living in the coal belt in West Bengal say their demands are unheard as India elects its government.

Al Jazeera

How Bitcoin Halving Affects the Price of Cryptocurrencies?

Bitcoin halving is a pivotal event built into the Bitcoin protocol to control the issuance of new coins and combat inflation.

inkl

Nigeria Cracks Down On Illegal Lithium Mining Operations

Nigeria intensifies efforts to combat illegal mining, focusing on lithium theft and the challenges posed by illicit activities in the extractive sector.

Top News

Your smartphone might be linked to crocodile attacks in Indonesia. Here’s how

What’s the connection between your smartphone and crocodile attacks? It’s quite straightforward.

The Conversation

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The Independent UK

Nigeria is emerging as a critical mineral hub. The government is cracking down on illegal operations

Nigeria’s government is cracking down on illegal mining, making dozens of arrests of unlicensed miners since April for allegedly stealing the country’s lithium, a critical mineral used in batteries for electric vehicles, smartphones and power systems

Barchart

Up 57% YTD, Is This Small-Cap Gold Stock Still a Buy?

Despite a post-Q1 earnings dip, shares of this small-cap gold stock have significantly outperformed the broader market this year. But is it still a buy?

Barchart

‘Long Term 100% Buy’ Indicator Points to Coeur Mining (CDE) as a Strong Play

With the precious metals complex cynically rising on the fear trade, CDE stock could tag along for the ride.

The Conversation

A rush on critical minerals is coming for our most remote and disadvantaged communities

The Australian mining industry was promised billions of dollars in last week’s federal budget to boost critical minerals such as lithium, copper and rare earth metals. This includes tax incentives, an innovation fund and money for Geoscience Australia to map these resources.

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Barchart

1 'Strong Buy' Copper Stock Under $20 to Grab Now

With the demand for copper skyrocketing, investors might consider this copper mining stock under $20, rated “Strong Buy” by analysts.

The Guardian - UK

Norway sued over deep-sea mining plans

WWF-Norway says the government has breached the law ‘without adequately assessing the consequences’

The Conversation

South Africa: Gold mine pollution is poisoning Soweto’s water and soil – study finds food gardens are at risk

For 140 years, gold mines in Johannesburg, South Africa have been leaking wastewater contaminated with heavy metals. The acid mine drainage from Johannesburg’s estimated 278 abandoned mines and 200 mine dumps includes uranium (a radioactive metal), toxic arsenic, copper, cobalt, nickel, lead and zinc. Acid mine drainage can pollute land…

The Conversation

Critical minerals for the world – or just for the US? Turning Australia into a green minerals powerhouse comes with risks

Globalisation is on shaky ground. As China rises, the United States and its allies are moving to reduce their reliance on the world’s factory.

The Conversation

The world is rushing to Africa to mine critical minerals like lithium – how the continent should deal with the demand

Global demand for critical minerals, particularly lithium, is growing rapidly to meet clean energy and de-carbonisation objectives.

The Independent UK

How the Streisand Effect came to haunt Australia’s richest woman

Mining magnate Gina Rinehart’s attempt to have portrait by Vincent Namatjira removed from National Gallery exhibition backfires

France 24

Coober Pedy, the Australian town built underground to withstand extreme heat

As spring temperatures begin to rise in Europe, we see how one town in Australia has been learning to live with extreme heat for the past century. Situated in the middle of the desert, where summer temperatures reach up to 50°C, is Coober Pedy, a town built underground and originally…

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