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The Latest Breaking News from Mining

Regional towns are at risk of being wiped out by the move to net-zero. Here's their best chance for survival

Australia’s mining and heavy industry sectors are on the cusp of a revolution as the world shifts to net-zero. Demand for traditional industrial commodities – coal, oil, and gas – is set to slide.

The Conversation

A California gold mine's toxic legacy: Inside the fight over reopening a treasure trove

GRASS VALLEY, Calif. — Five years ago, Canadian mining executive Ben Mossman came to this little Gold Rush town in the Sierra Nevada foothills, planning to strike it rich.

Los Angeles Times

The deadly quest by Zimbabwe’s poorest for a few grams of golden hope

The clinking sound of metal tools hacking against rocks along the dry riverbed shatters the serenity of the pristine Bhuka mountains of Masvingo, Zimbabwe. A small group of women and children dressed in shabby brown clothes busily dig in the rich soil, using the most rudimentary utensils to look for…

Radio France Internationale

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A model worker: Mick Jurd's invaluable contribution to Hunter mining history

Mick Jurd was a great man of skill and compassion. His work also made an invaluable contribution to Hunter mining history, MIKE SCANLON writes.

Newcastle Herald

Outgunned Pacific Island nations vow to fight deep-sea mining

A handful of postage-stamp nations in the South Pacific launch an uphill battle against the deep-sea mining of unattached, fist-sized rocks rich in rare earth metals. The stakes are potentially enormous.

ABC News

Compass Mining CEO & CFO Resign Amid Setbacks from Failed Payments: Effective Immediately

Compass Mining , a Bitcoin (CRYPTO: BTC) mining hardware company, revealed today that its CEO and co-founder Whitney "Whit" Gibbs and Chief Financial Officer Jodie Fisher have resigned from their posts, effective immediately.

Benzinga

Indigenous leader who opposed illegal mining killed in Venezuela-NGO

A Venezuelan indigenous leader who was an opponent of armed groups and illegal mining was shot dead on Thursday in the Amazonas state capital, a non-governmental organization and three people with knowledge of the case said.

Reuters

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Saudi Offers 76 Investment Opportunities in Military, Defense Industries

Saudi Arabia has revealed that it has an estimated 76 investment opportunities in six different areas of defense and military industries. Ayma al-Hazmi, head of the Saudi Local Content and Government Procurement Committee at the Federation of Saudi Chambers, stressed that the General Authority for Military Industries plays important roles…

Asharq Al-Awsat

New York officials rule against bitcoin-mining power plant

New York has denied required air permit renewals to a bitcoin-mining power plant on the grounds that it was a threat to the state’s climate goals

The Independent UK

Zijin Mining Pours $269 Million More Into Lithium Assets

Copper and gold mining giant continues strategic shift with plan to acquire 75% of Houdao Ming, owner of the Xiangyuan lithium project

Caixin Global

'No one wants to risk getting trapped': In war, dangers multiply for Ukraine's miners

TORETSK, Ukraine — When a 155-millimeter rocket plows into the ground and you're 2,000 feet under it, you hear nothing — you barely even feel it. Which was why Andriy Podhornay was surprised when his manager came on the walkie-talkie and told the crew in the bowels of the St.…

Los Angeles Times

Czech Republic to extend coal mining amid high demand

The Czech Republic has decided to reverse plans to halt mining in a key black coal region to help the country safeguard its power supply amid Russia's war in Ukraine

The Independent UK

Norway Not Breaching Treaty by Blocking Russian Cargo to Svalbard, Minister Says

Norway is not breaching a century-old treaty covering the Arctic archipelago of Svalbard by blocking Russian cargo to the islands, the country's foreign minister said Wednesday after Moscow threatened retaliatory measures. "Norway does not violate the Svalbard Treaty," foreign minister Anniken Huitfeldt told AFP. "Norway does not try to put…

Asharq Al-Awsat

As Adani steps up mining, villagers to be displaced third time

Hundreds fear displacement for the third time in India’s Odisha state as coal mining is set to start.

Al Jazeera

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Input

House flippers are gentrifying neighborhoods with crypto mining now

A home in West Philadelphia that comes with its Ethereum mining device recently sold for $237,000 – well above the neighborhood's average price.

The Conversation

Australia can help ensure the biggest mine in PNG's history won't leave a toxic legacy

The COVID pandemic slowed mining operations across the Pacific. But as economic activity returns, an Australia-based company is poised to pursue what would be the largest mine in Papua New Guinea’s history.

Benzinga

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways: Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise…

Asharq Al-Awsat

Saudi Minister of Industry: We Have Identified 50 Mining Sites to Offer to Investors

Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef said that the Kingdom has identified 50 sites that are believed to contain minerals in commercial quantities.

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Daily Mirror

At least 100 miners trapped after tunnel 'attack', weeks since 14 died in gunfight

At least 100 workers are trapped at a gold mine in southern Peru after it is claimed that a two-kilometre mineshaft was deliberately set on fire. Earlier this month 14 miners were killed in a shooting

Bangkok Post

Government greenlights potash mine

The cabinet on Tuesday gave the Asia Pacific Potash Corporation (APPC), a wholly owned subsidiary of Italian-Thai Development Plc, permission to embark on a 36-billion-baht potash mining project in Udon Thani.

Benzinga

US-Based Exploration & Development Company Ivanhoe Electric Prices Big US IPO

Ivanhoe Electric Inc has priced its initial public offering at $11.75 a share, raising $169.1 million. The company’s mining billionaire Robert Friedland sold about 14.4-million shares at the bottom of its previously guided IPO price range of $11.75 to $12.50. The underwriters have an option to purchase an additional 2.16-million shares. According to…

Daily Record

Mining company reveals results of Kirkcudbrightshire surveys

Walkabout Resources says assay results from Blackcraig indicate “high grade” deposits requiring further exploration

Benzinga

Leocor Gold Commences Drill Program on the Baie Verte Project, NW Newfoundland

Vancouver, British Columbia – TheNewswire - June 23, 2022 - Leocor Gold Inc. (the "Company" or "Leocor") (CSE:LECR), ((; (Frankfurt:LGO) is pleased to announce it has completed mobilization of a Rotary Air Blast ("RAB") drill and initiated drilling on the Company's Baie Verte project located near Anaconda Mining's Pine Cove…

Newcastle Herald

Plans to extend mine near Singleton until 2050 forging ahead

Yancoal and Glencore say their joint venture, Hunter Valley Operations near Singleton, is good for another 400 million tonnes of coal.

Benzinga

Why SSR Mining Shares Are Falling Today

SSR Mining Inc (NASDAQ: SSRM) shares are trading lower Monday after the company said it experienced a minor cyanide leak at one of its mines.

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