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The Latest Breaking News from Mining

Gina Rinehart retains top spot on rich list as 200 wealthiest Australians see fortunes grow by 11%

Technology figures including Afterpay founders rise up AFR rich list rankings, reflecting ‘changing nature’ of Australian economy

The Guardian - AU

Nuclear plan a 'distraction' as coal town transitions

A coal mining town earmarked as a possible site for hosting a nuclear power plant is showing little appetite for the federal opposition's plan.

AAP

‘Largest ever’ NSW coalmine plan will put pressure on state’s net zero target, watchdog says

EPA says proposal to keep Hunter Valley Operations mines going to 2050 would release almost 30m tonnes of CO2

The Guardian - AU

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read the most diverse news in one place.

State's 'largest coal-mining proposal' under fire

Extending the life of one of NSW's biggest coal-mine operations will require steep cuts to greenhouse gas emissions elsewhere, authorities say.

AAP

Two 39-year-old Estonian men are the alleged kingpins behind a massive half billion fraud targeting thousands of U.S. investors

The duo was extradited from Estonia and appeared in court in Washington on Thursday.

Fortune

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

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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

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

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

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Barchart

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.

Al Jazeera

‘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.

inkl

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.

Top News

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.

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news in one place.

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The Conversation

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 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.

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’

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