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The Latest Breaking News from Mining

Newcrest wary on scarce labour, inflation

Australia's biggest gold miner Newcrest Mining has posted a drop in full-year profit for 2022 and warns of ongoing global cost pressures and labour shortages.

AAP

Fight ramps up to prevent Canadian companies’ abuses abroad

Advocates are urging Canada to do more to hold Canadian companies accountable for human rights violations abroad.

Al Jazeera

Zijin Colombia mine search uncovers no bodies, local officials

No bodies belonging to informal miners who were reportedly trapped in a tunnel on Zijin Mining's Colombia concession have been handed over to a rescue team, the government of Antioquia province said on Wednesday.

Reuters

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Proposed 1,500-room mining camp in Goldfields town Kambalda faces community backlash

The local council has given the $164 million mining camp its unanimous support, but some locals in the Goldfields town of Kambalda are petitioning against the 1,500-room development, fearing it could cause their small town to "die off".

ABC News

U.S. Treasury eyes Brazil drug gang ties to illegal Amazon gold mines

The U.S. government is concerned about links between Brazil's largest drug gang and illegal gold mining in the Amazon rainforest, a U.S. Treasury official said on Wednesday following meetings with Brazilian law enforcement and civil society.

Reuters

Two thirds of female workers in rural areas have been harassed, researcher says, amid mining industry scrutiny

Amid scrutiny of the mining industry, an expert says harassment happens in almost every sector, and that rural women are especially vulnerable.

ABC News

Train crash shuts down Mount Isa-Townsville rail line for the second time since July

A rail link to one of Queensland's major mining regions has been cut by a train crash that has forced bulk ore shipments onto the highway.

ABC News

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Female FIFO workers believe having more women in the industry would improve workplace culture

Female FIFO workers say it can be a "daunting" and isolating industry as the WA Minister for Mines calls for gender quotas to improve workplace culture.

ABC News

Celsius Expected To Reach Negative Liquidity By October

Beleaguered crypto lending platform Celsius (CRYPTO: CEL) is projected to reach negative liquidity of around $34 million by October this year, according to the company’s latest Chapter 11 documents.

Benzinga

In northern Chile, miners ask government to curb crime, robberies

The mining industry in Chile, the world's largest copper producer, on Tuesday called on the government to take action to stop an "escalation of crime" that has hit operations in the country's far north.

Reuters

Man charged with indecent assault over alleged incident involving WA journalist at Diggers and Dealers

A man who allegedly assaulted a female journalist in Kalgoorlie following the Diggers and Dealers Mining Forum is charged by police.

ABC News

Earnings Scheduled For August 16, 2022

Companies Reporting Before The Bell • Stronghold Digital Mining (NASDAQ:SDIG) is projected to report earnings for its second quarter.

Benzinga

About 50kg of nickel goes into each Tesla battery but the world isn't producing enough to keep up with demand

Nickel is a critical metal in batteries, and the world's miners are struggling to keep up with booming demand as consumers switch to renewables.

ABC News

Andhra Pradesh: HRF seeks cancellation of public hearing on two proposals to mine quartzite

‘Mining has devastated the environment and affected the livelihood and health of local residents’

The Hindu

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The Times of India

Human Rights Forum demands cancelling of public hearing to mine quartzite in Anakapalli district

VISAKHAPATNAM: The Human Rights Forum (HRF) demanded that the environmental public hearing for two proposals to mine quartzite, scheduled to be held on August 18 at Dalivalasa and Gavarapalem villages under K Kotapadu mandal of Anakapalli district, be cancelled forthwith. All permissions accorded for mining quartzite to the two project…

Dynamite News

13 gold mines may be sold this month

The government plans to put on the block 13 gold mines in the states of Andhra Pradesh and Uttar Pradesh in the ongoing month amid its efforts to give a boost to the mining sector's contribution to the country's gross domestic product. Read more on Dynamite News:

Asharq Al-Awsat

Saudi Arabia, South Africa to Discuss Agreements on Technologies, Green Economy, Hydrogen

A senior South African diplomat said that negotiations were underway to sign cooperation agreements with Saudi Arabia that would cover various sectors, including agriculture, industry, green economy, climate and technology. In an interview with Asharq Al-Awsat, South Africa’s ambassador to the Kingdom, Mogobo David Magabe, said that his country was…

The Independent UK

A battle for Ukraine’s mineral and energy wealth

After nearly six months of fighting, Moscow’s invasion has yielded at least one big reward write Anthony Faiola and Dalton Bennett

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Evening Standard

How is crypto mined and why is it bad for the environment? Ethereum Merge is announced as complete

The update promises to slash the emissions of the world’s second-biggest blockchain by 99%, but Bitcoin is unlikely to follow

Reuters

South Africa lawmakers demand crackdown on illegal mining

South African lawmakers on Thursday urged the government to accelerate the closure of abandoned mines in the country, which attract illegal miners, some of whom have been arrested for an alleged gang rape.

Evening Standard

How to invest in gold

Especially when stock markets are volatile, investors may consider an alternative asset class to diversify their portfolio. Gold could be one such asset, being seen as a safe haven during times of economic turbulence as well as a hedge against high inflation.

The Hindu

Hunger strike staged against mineral sand-mining

‘Mining at Thottappally in blatant violation of law’

ABC News

Diggers and Dealers organisers distance event from alleged groping of Kalgoorlie journalist

The company at the centre of an alleged sexual assault has distanced itself from a Goldfields mining event that saw 23-year-old journalist Amber Lilley allegedly groped.

AAP

Feds urge Qld to open up more gas fields

The federal government is calling for more Queensland gas fields to open up, as mining magnate Gina Rinehart partners with a steel giant to invest $1 billion.

ABC News

NT government abandons plan to include mining industry in new environmental laws

Environmentalists and traditional owners have condemned the Northern Territory government’s decision to abandon plans to include all mining activities in proposed accountability laws.

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