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The Latest Breaking News from Mining

Once Bankrupt Core Scientific Mines $1.4B Worth Bitcoin In 2023

Core Scientific has bounced back from its bankruptcy in late 2022 due to the slump in Bitcoin prices to mine Bitcoin worth around $1.4 billion in 2023.

International Business Times

Full steam ahead, again, for Palmer's Titanic dream

Clive Palmer's pipe dream to sail a replica Titanic from the UK to the US is no longer on ice, according to the mercurial mining magnate.

AAP

Photos: The Chain short course, designed by Coore and Crenshaw, opens soon at Streamsong

Bill Coore and Ben Crenshaw turn up the volume with The Chain at Streamsong.

USA Today Sports Media Group

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Blackrock Reduces Polymetal Stake To 4%

BlackRock reduces stake in Polymetal as part of sustainability goals, reflecting a broader trend towards sustainable investing.

Top News

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2 'Strong Buy' Silver Stocks Under $20

Silver stocks are taking a backseat as gold futures rise to new record highs, but an eventual breakout in the industrial metal could pull these under-$20 mining stocks higher.

Barchart

‘Lobbies pressuring Modi govt’: Sonam Wangchuk on Ladakh stir, failed talks with Centre

“There are industrial lobbies, mining lobbies that are putting pressure on the (Central) government. We (Ladakh) don’t mean much to them. We are just meek tribal people,” said Sonam Wangchuk, educator and climate activist, as to why the Narendra Modi government, despite its promises in the 2019 Lok Sabha polls…

Newslaundry

Billionaire Bill Ackman Mulls Bitcoin; MicroStrategy's Saylor, Other Bulls Offer '1 On 1' Talks

Bill Ackman signaled that he may consider purchasing Bitcoin – his interest has since drawn comments from Bitcoin bulls such as Michael Saylor and Stacks co-creator Muneeb Ali.

International Business Times

ED arrests RJD chief Lalu Prasad's close aide Subhash Yadav from Bihar in sand mining case

The Enforcement Directorate (ED) has arrested Subhash Yadav, a close aide of RJD chief Lalu Prasad Yadav, in connection with its ongoing money laundering probe in the alleged illegal sand mining case. Read further on Dynamite News:

Dynamite News

Bihar sand mining | ED arrests Lalu Prasad’s close aide Subhash Yadav in money laundering case

Enforcement Directorate arrests RJD-linked Subhash Yadav in Patna for money laundering in illegal sand mining probe.

The Hindu

Sand mining in T.N. | Enforcement Directorate probes money trail involving contractors, individuals

Enforcement Directorate investigates multi-crore sand mining scam in Tamil Nadu, probing money laundering and illegal transactions.

The Hindu

ED conducts searches in 'illegal' sand mining linked money laundering case

Enforcement Directorate raids multiple locations in Patna linked to illegal sand mining and money laundering case.

The Hindu

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Barchart

3 Gold Stocks to Buy Now, According to Wall Street Analysts

Against the backdrop of a weaker U.S. dollar and uncertainty over the timing of Fed rate cuts, gold prices have climbed to new record highs. With JPMorgan calling for higher highs in the precious metal by 2025 here’s a look at three gold stocks that Wall Street analysts expect to…

The Hindu

Decision on trial blast after consulting Advocate General, says Cheluvarayaswamy

Minister Cheluvarayaswamy to decide on trial blasts near KRS reservoir after consulting with Advocate General.

Al Jazeera

On 40th anniversary of UK miners’ strike, can Labour win back the north?

What caused the miners’ strike 40 years ago and why did ‘Red Wall’ communities turn against Labour in the last election?

AAP

Gamil means no: Gomeroi call on Santos to leave Pilliga

Gomeroi people are celebrating after the Federal Court ruled that Santos should not have been granted licences for coal seam gas mining in the Pilliga forest.

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AAP

Mining magnate Gutnick banned from managing businesses

Former Melbourne Demons president "Diamond" Joe Gutnick has been disqualified from managing corporations for his involvement in three failed companies.

Top News

Tech Companies Embrace Low-Emission Energy Sources For Data Centers

Tech companies like Amazon and Microsoft are leading the way in adopting nuclear and renewable energy sources, reflecting a broader trend towards sustainab...

The Guardian - UK

‘People have lost faith’: life in former mining towns 40 years on from strike

Conservatives’ closure of collieries tore communities apart, and four decades later memories from that period remain powerful

The Hindu

ED files charge-sheet against Chinese-origin directors, others in crypto mining 'app' case

A charge sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin.

Barchart

With Copper Prices Under Pressure, What's the 2024 Forecast for FCX Stock?

Freeport stock is in the red this year, as metal and mining names have sat out the broader market rally so far in 2024. What's the outlook for FCX stock this year as copper prices sag amid ongoing troubles in China's real estate sector?

Barchart

Is Sibanye Stillwater Stock Still a Buy for Its 5% Yield?

South African mining company Sibanye Stillwater's stock is down 27% already this year. As the shares trade near annual lows, does this dividend-paying stock look like a buy at current levels?

The Hindu

Farmers stage protest at KRS dam over proposed trial blasts

Farmers gathered at KRS reservoir near here in the wake of the arrival of a team of experts from Central Institute of Mining and Fuel Research (CIMFR) in Dhanbad to prepare the ground for proposed trial blasts in the vicinity of the reservoir.

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