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The Latest Breaking News from Mining

Geothermal energy: A new, green lease of life for old coal mines

Coal mining has long polluted the natural environment, with devastating consequences. But today, could it be a source of renewable energy? Down to Earth travels to the UK where disused, flooded coal mines are now reservoirs of geothermal energy.

France 24

More states want power to approve wetlands development

In 2020, Florida became just the third state — and the first in decades — to take over management of a key federal Clean Water Act program. Now, state rather than federal officials decide whether companies can dredge and fill wetlands and waterways for projects ranging from mining to housing…

Tribune News Service

Hut 8 Mining Registers 67% Revenue Growth In Q1

Hut 8 Mining Corp (NASDAQ:HUT) (TSX:HUT) reported first-quarter FY22 revenue growth of 67% year-on-year to C$53.3 million. EPS was C$0.31. Hut 8 currently has an installed hash rate of 2.54 EH/s, up 27% from December 31. As of March 31, Hut 8 had a total Bitcoin balance of 6,460 with a market…

Benzinga

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read the most diverse news in one place.

Peru community wants its land back, threatening Chinese copper mine

The community of Fuerabamba in the Andean region of Peru was resettled eight years ago to make way for a giant Chinese-owned copper mine, in a $1.2 billion scheme billed as a model solution to protests dogging the South American nation's mining sector.

Reuters

NFT scams, toxic ‘mines’ and lost life savings: the cryptocurrency dream is fading fast

It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks

The Guardian - UK

Inside the heroic Amazon tribe who took on monster diggers tearing up rainforest

Reporters joined the Shuar Arutam people on patrol to learn how they are using technology to protect the jungle from deforestation.

Daily Record

Jharkhand government suspends Mining Secretary Pooja Singhal arrested in money-laundering case

"The government has suspended Pooja Singhal with immediate effect under the provisions of All India Services (Discipline and Appeal Rules, 1969),” an official said

The Hindu

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Enforcement Directorate attaches former Odisha MLA Jitu Patnaik’s assets worth ₹133 crore

Action comes over alleged illegal mining

The Hindu

Inside the heroic Amazon tribe who took on monster diggers ripping rainforest apart

EXCLUSIVE: The Mirror joined the Shuar Arutam people on patrol to learn how they are using technology to protect the jungle from extractive activities such as oil, mining and logging

Daily Mirror

4 reasons why the Morrison government's forestry cash splash is bad policy

This federal election campaign has involved very little discussion of environmental or natural resource policies, other than mining. An exception is a A$220 million Morrison government pledge for the forestry industry.

The Conversation

Chemists want to mine e-waste for metals

We're leaving the fossil fuel era and entering an "age of metals" — and that may mean sifting through our trash

Salon

Australia's #MeToo puts miners and ministers in crosshairs of history

Australia's mighty #MeToo wave is piling pressure on mining and political leaders who are preparing to face a reckoning over sexual harassment scandals stretching from the arid Outback to Parliament House.

Reuters

JTS shares rise despite crypto slump

Shares of Jasmine Technology Solutions (JTS), a Bitcoin mining operator, rose on Wednesday despite the current downturn in the global cryptocurrency market after the company reported impressive first-quarter revenues.

Bangkok Post

M Vision organises expo to showcase digital assets

Driven by the hype surrounding crypto investment, M Vision Plc, the organiser of Thailand Mobile Expo, is holding Thailand Crypto Expo to showcase digital assets, exchanges and crypto mining equipment, in parallel with its four-day flagship mobile phone fair, which kicks off today.

Bangkok Post

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Benzinga

Analyst Ratings for Hecla Mining

Over the past 3 months, 4 analysts have published their opinion on Hecla Mining (NYSE:HL) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

StockNews.com

3 Gold Mining Stocks to Buy in May: Centerra, Centamin, and New Gold

Gold demand increased substantially in the last quarter due to inflation and intensifying geopolitical tensions and is expected to continue surging this year. Furthermore, the price of gold could surpass $2,000 per ounce soon. Given the bullish expectations, we think gold mining stocks Centerra (CGAU), Centamin (CELTF), and New Gold…

The Hindu

ED arrests Jharkhand Mining Secretary Pooja Singhal

According to the agency, the official transferred ₹16 lakh to her CA Suman Kumar, who was arrested after the seizure of ₹18 crore cash from the latter’s residence

StockNews.com

Teck Resources: A Metals & Mining Stock That Deserves a Place in Your Portfolio

Shares of Teck Resources (TECK) have soared more than 27% in price year-to-date on rising metal prices. With commodity prices expected to remain inflated this year due to a demand-supply mismatch, would it be wise to add the stock to one’s portfolio now? Continue reading to learn our view.

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Benzinga

Stocks That Hit 52-Week Lows On Wednesday

On Wednesday, 807 companies reached new 52-week lows.

InsideEVs

Musk: Tesla Won't Acquire A Car Company, But Maybe A Mining Operation

Financial Times' recent Elon Musk interview is packed with juicy morsels. Now, we can stop considering whether Tesla will ever acquire another automaker.

StockNews.com

Is First Majestic Silver Corp. a Buy Under $10?

Silver mining company First Majestic Silver Corp. (AG) has reported a sequential decline in its production in the first quarter of this year. AG’s shares have slumped more than 20% in price this year, closing the last session at less than $10. Furthermore, BMO Capital analyst Ryan Thompson has lowered…

Benzinga

CNBC's Final Trades: Nvidia, Target, Metals & Mining And This Defensive Play

On CNBC’s “Halftime Report Final Trades,” Jon Najarian recommended SPDR S&P Metals & Mining ETF (ARCA: XME), adding “June 50 calls.”

Chronicle Live

Northumberland Miners' Picnic to return to Woodhorn Museum after two-year absence

There'll be live music, performance and family friendly activities to celebrate Northumberland's proud mining heritage at the event in June

The Hindu

Centre-State relation like that of Russia-Ukraine: Jharkhand Chief Minister Hemant Soren

Hemant Soren has been asked to furnish a reply to the Election Commission as to why he should not be disqualified for holding an "office of profit" by granting a mining lease in his favour.

Benzinga

Tesla Playing Quidditch While EV Rivals Hockey Around Mining Goals: Morgan Stanley Analyst

Tesla Inc’s (NASDAQ: TSLA) moves to secure the supply of critical battery materials via acquisitions or deals will be a cue for what the rest of the industry plans to do next amid growing demand for electric vehicles, according to Morgan Stanley.

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