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The Latest Breaking News from Mining

Are Wall Street Analysts Predicting Newmont Mining Stock Will Climb or Sink?

Newmont Mining has underperformed the broader market over the past year, but Wall Street analysts remain optimistic about the company’s prospects.

Barchart

NLCIL sees 31% jump in profit, record output in past fiscal

NLCIL reports 31% profit increase, record coal production, power generation, and successful bids in commercial coal mining auctions.

The Hindu

Post-mining world set for NSW government microscope

Advanced manufacturing, clean energy initiatives and tourism uses are some ideas for how NSW's mining sites can be used once shut down.

AAP

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US Ends Leasing In Its Largest Coal-producing Region

President Joe Biden's government on Thursday announced it was ending coal leases in the Powder River Basin, the nation's largest coal-producing region, drawing condemnation from the mining sector and praise from environmentalists.

International Business Times

'Mining is a temporary use of land' - inquiry will examine rehabilitation options

There are more than 50 large active mine sites across NSW.

Newcastle Herald

US proposes ending new federal leases in nation's biggest coal region

The Biden administration has proposed an end to new coal leasing from federal reserves in the most productive coal mining region of the U.S. The move announced Thursday would limit future climate-changing greenhouse gas emissions from burning the fuel

The Independent UK

1 Top-Rated Penny Stock to Bet on Higher Silver Prices

Vizsla Silver is a mining stock that has surged over 400% since its IPO in 2019. Is the silver mining stock a good buy right now?

Barchart

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Redone, hidden, burnt: seven famous subjects and the portraits they hated

Mining tycoon Gina Rinehart has asked the National Gallery of Australia to remove her portrait, painted by Vincent Namatjira. Others have gone much further

The Guardian - AU

Mining activity within 1 km from boundaries of tiger reserves is in contempt of court order: Supreme Court

Supreme Court prohibits mining near national parks, wildlife sanctuaries, and critical tiger habitats to protect biodiversity.

The Hindu

Anglo American Implements Hiring Freeze As Part Of Revamp

Anglo American's strategic hiring freeze signals a transformative revamp in the mining industry, emphasizing efficiency and sustainability.

Top News

Mining mogul demands NGA remove her portrait

The National Gallery of Australia has rebuffed demands from mining billionaire Gina Rinehart to remove a portrait of her from an exhibition.

AAP

S. African Communities Terrorised By Gold Mining Gangs

Walking between the corrugated iron shacks of the informal settlement west of Johannesburg she calls home, Lutho Makheyi points out trenches filled by dirty rainwater holing the unpaved streets.

International Business Times

Mining giant set to sell Australian coal mines in reset

After knocking back a BHP takeover bid, Anglo American is set to sell its Australian coal mines and use funds to reset the multinational's balance sheet.

AAP

Push For New US Lithium Mine Leaves Some Americans Wary

When Kristal Lee and her husband bought a house in Gaston County, North Carolina two years ago, they envisioned a "forever home".

International Business Times

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Barchart

2 Copper Mining Stocks to Buy While They're Cheap

Discover two mining stocks that are poised to benefit from rising demand for copper, making them attractive investment opportunities in the current market.

Barchart

Barrick Gold vs. Newmont Mining: Which Gold Stock Is a Better Buy?

With gold prices projected to rally even higher by year’s end, which gold mining stock is a better buy?

International Business Times

Biden Blocks China-Backed Crypto Mining Firm From Owning Land Near Air Force Base

The U.S. leader Monday ordered MineOne, a crypto mining firm majority-owned by China, to remove its equipment and dismantle improvements in a property located near an American Air Base home to ballistic missiles.

The Guardian - UK

Anglo American to sell famous diamond business De Beers in breakup plan

UK mining company reveals breakup plan in bid to avoid takeover by Australia-based BHP

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Top News

Anglo American Rejects BHP's .7 Billion Revised Proposal

Anglo American turns down BHP's .7 billion offer, signaling disinterest in merger. Both remain key players.

The Guardian - UK

Anglo American rejects new £34bn offer from mining rival BHP

Australian company says FTSE 100-listed group’s board did not engage with its all-share approach

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