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The Latest Breaking News from Mining

The Greywolf 'goldmine' that never paid off and the elusive man behind it all

Novice investors were convinced to place their hard-earned money in Greywolf, assured of life-changing riches. Instead, they became part of a trail of financial destruction.

ABC News

Wages growth jumps for new hires, Seek figures on advertised wages show

Wages growth jumps for new hires, but research shows under-35s are bearing the brunt of a falling share of income going to workers.

ABC News

Chile warns area around sinkhole at high risk of further collapse

Chilean authorities warned that the area around a copper mine where a sinkhole suddenly appeared is at high risk of further collapse and has set up a security perimeter.

Reuters

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Mexico's president revived dangerous form of coal mining

Hopes have faded of rescuing 10 men trapped by a flood in a Mexican coal mine this month

The Independent UK

Wangan and Jagalingou traditional owners use human rights law to occupy Bravus's Carmichael Coal Mine

After a series of failed legal challenges and their native title being extinguished, a group of Wangan and Jagalingou traditional owners are using a human rights act to occupy land at Bravus's Carmichael Coal mine in central Queensland.

ABC News

Locals in regional Queensland town Oakey are divided over plans to reopen New Acland thermal coal mine

The New Hope mining company pushed for 14 years to expand the New Acland mine near the Queensland town of Oakey. Now it's been approved, but some locals say they'll fight it "like a mongrel dog".

ABC News

Meet Britain's 10 highest paid fat cats who pocketed more than £100m last year

That means they are now getting 109 times more in their wage slips than the typical British worker - up from 79 times in the previous year

Daily Mirror

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Mining in Karnataka: Rejection of CEC recommendation by SC welcomed

Hiremath demands Karnataka-like mining restrictions in Andhra Pradesh

The Hindu

Scientists set for ocean crisis debate 150 years after ‘extraordinary’ expedition

A century and a half after the Challenger mission transformed our understanding of the seas, researchers meet to tackle the latest threats

The Guardian - UK

Andhra Pradesh: Expose violation of eco norms by industries, Pawan asks cadre

Government turning a blind eye to the illegal activities of mining companies, he alleges

The Hindu

Cryptocurrency Price And News Weekly Wrap-Up For Aug. 26, 2022

Get caught up on the latest cryptocurrency news, crypto ETFs to watch, the upcoming Bitcoin Depot IPO and more with a wrap-up for the week of Aug. 26.

Investors Business Daily

Crypto world can’t wait for ‘the Merge’

SAN FRANCISCO: The cryptocurrency industry has endured a terrible year. A devastating crash wiped nearly $1 trillion from the market, draining the savings of thousands of people. Several companies filed for bankruptcy.

Bangkok Post

Karnataka mining: Supreme Court raises annual iron ore production limit for three districts

For Chitradurga and Tumakuru districts the annual iron ore production limit was raised from 7 MMT to 15 MMT while for Ballari, the Supreme Court raised the limit from 28 MMT to 35 MMT a year

The Hindu

Queensland resources minister approves expansion of New Acland coalmine

New Hope prepares to resume mining operations near Oakey as it seeks water licence, while local landowners respond with dismay

The Guardian - AU

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ABC News

Mining leases for New Hope Group's Darling Downs coal mine get Queensland government approval

After a decade of campaigning, stage three of the Acland coal mine is one step closer but water licences are still needed for the expansion to go ahead.

AAP

Qld's New Acland coal mine leases approved

Stage three of southern Queensland's New Acland coal mine is "just one step away" after the state's resources minister granted the project's mining leases.

The Guardian - UK

‘They attacked with machetes’: murder, mafias and illegal mining in Peru’s gold fields

Rising gold prices have led to increasingly violent land grabs, with rightful owners left to defend themselves and the rainforest from attack

ABC News

Wollongong Resources eyes Russell Vale coal mine extension after South32 shelves Dendrobium plan

If approved an extension to the Russell Vale coal mine will see the company continue to build its workforce in the Illawarra region as production increases, chief executive says.

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ABC News

Outgoing Fortescue Metals boss Elizabeth Gaines says China will want Australian iron ore 'for a long time to come'

Australia's iron lady, Elizabeth Gaines, says she doesn't expect global tensions to impact iron ore demand as she prepares for her final days running Fortescue Metals Group.

Investors Business Daily

Is Gold Rush Over? Gaming Champ Nvidia Threw Miners A Bone, But Crypto Now Looking The Other Way

Nvidia said revenue from its crypto mining processors had come down to "nominal" numbers.

Reuters

More study needed to explain origin of Chile sinkhole -Lundin unit president

Multiple factors could have caused a sinkhole near a copper mine in Chile owned by Canada's Lundin Mining, the president of the miner's local unit said, disagreeing with a government assessment that it was likely responsible for the phenomenon.

The Hindu

Suspense in Jharkhand as Chief Minister Hemant Soren may face disqualification

The Election Commission is understood to have sent its recommendation in office-of-profit allegation

The Hindu

Jharkhand illegal-mining case: ED arrests 'middleman' Prem Prakash

This is the third arrest in the case

Dynamite News

ED arrests Jharkhand CM close aide Prem Prakash in illegal mining case

The Enforcement Directorate has arrested the Ranchi-based businessman and Jharkhand Chief Minister close aid Prem Prakash in connection with an illegal coal mining case. Read more on Dynamite News:

ABC News

As EVs drive a mining revolution, will Australia become a battery minerals superpower?

A cocktail of minerals is needed to make EV batteries and Australia has them in abundance. But will the country capitalise on its natural resources advantage?

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