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The Latest Breaking News from Mining

BEML secures additional export order worth USD 5.35 million from West Asia

BEML Ltd has secured a significant USD 5.35 million export order for heavy earthmoving equipment from West Asia, building on a previous USD 36.38 million contract. These robust machines, designed for demanding mining and infrastructure projects, boast advanced engineering and operator safety features. BEML will also provide comprehensive maintenance and…

The Economic Times

Water shortages could prevent the US from mining more lithium, deepening reliance on foreign imports

Most proposed lithium mines in the U.S. overlap with drought-prone regions — including in Nevada, Arizona and California — and there may not be enough water to support them.

LiveScience

Pride review – Devastating, uplifting musical is far better than the film that inspired it

4/5 The stage adaptation of the much-loved 2014 film follows a group of gay activists who support a Welsh mining community during the 1980s strikes

The Independent UK

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Fortescue boss issues warning after harassment lawsuit

Fortescue boss Andrew Forrest has sent a warning to employees in the wake of a lawsuit alleging widespread sexual harassment at the company's mining camps.

AAP

At this US park, visitors have found over 37,000 diamonds since 1972 and can keep every gem they discover

Most tourist attractions leave visitors with photographs and memories, but one state park in the United States gives them the chance to uncover a natural diamond and take it home. The latest success story came when Florida couple Scott and Jennifer Freitas discovered a 3.36-carat white diamond, now named the…

The Times of India

Jonnagiri gold mine to boost domestic production, advance 'Made in India' ecosystem, says Lloyds chief

India's gold import dependence is set to decrease with the inauguration of the Rs 405-crore Jonnagiri gold mine in Andhra Pradesh. This marks the nation's first commercial-scale private gold mining operation since Independence, aiming to produce up to 1,000 kg of refined gold annually. The project, a joint venture, is…

The Economic Times

Thailand seeks Chinese fugitive over illegal crypto mining

Thailand has issued an arrest warrant for a Chinese businessman featured in a Reuters investigation ‌into transnational crypto-investment fraud, alleging he was part of a network that laundered money from scams and online gambling through illegal cryptocurrency mining.

Bangkok Post

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Mining giant hit with sexual harassment class action

Fortescue has been hit with a class action law suit that accuses it of facilitating a shocking culture at its remote worksites where women paid the price.

AAP

Lucky Bay mine not so lucky for mining group

Mining sector major Mineral Resources has some bad news for workers at the Lucky Bay mine, after taking over the operation in September.

AAP

Stocks Settle Mixed as Tech Weakness Weighs on the Broader Market

The S&P 500 Index ($SPX ) (SPY ) closed down -0.10%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.43%. September E-mini S&P futures (ESU26 ) fell -0.13%, and September E-mini Nasdaq futures (NQU26 )...

Barchart

Colombia's vote may reshape the Amazon's future as political winds shift across Latin America

Abelardo de la Espriella, set to be Colombia’s president, has intensified debate over the future of the Amazon

The Independent UK

Stocks Rally as Falling Crude Prices Knock Bond Yields Lower

The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. September E-mini S&P futures (ESU26 ) are up +0.56%, and September E-mini Nasdaq futures...

Barchart

Stocks See Support Ahead of Micron’s Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. September E-mini S&P futures (ESU26 ) are up +0.14%, and September E-mini Nasdaq futures...

Barchart

Adani Group targets 10 GW nuclear power capacity by 2035

Adani Group is venturing into nuclear power, aiming for 10 GW capacity by 2035 to bolster India's energy security amidst global uncertainties. Chairman Gautam Adani announced land acquisition for Adani Atomic Energy, a significant addition to the conglomerate's integrated power platform. This move aligns with accelerated investments across the energy…

The Economic Times

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The Economic Times

Global markets | Australian shares rise modestly as sticky core inflation keeps rate hike bets alive

Australian shares edged higher on Wednesday, a cautious advance following inflation data. While headline inflation eased, core inflation ticked up, keeping the door open for potential interest rate hikes. Technology stocks saw a significant rebound, with bargain hunters stepping in. Financial and health sectors also provided support, though mining and…

The Economic Times

900 kg gold every year! India's first private gold mine begins operations in Andhra Pradesh's Swarnagiri. Check details

Andhra Pradesh is making history with India's first private gold mine, Swarnagiri, formerly Jonnagiri, set to begin commercial operations. Chief Minister N. Chandrababu Naidu will inaugurate the project, a significant milestone for the nation's mining sector. Operated by Geomysore Services India Pvt Ltd, this ₹405 crore venture is expected to…

Barchart

Plunge in Chipmakers Drags Stock Indexes Sharply Lower

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -1.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.29%. September E-mini S&P futures (ESU26 ) fell -1.41%, and September E-mini Nasdaq futures...

TechRadar

Cracks in the crypto world? This top data center provider is spending $500 million to turn former cryptomining sites into AI cloud facilities

AiOnX pays $500 million for major stake in Genesis Digital Assets, a US-based Bitcoin miner, plans to convert sites into AI cloud centers serving hyperscalers.

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Barchart

Stocks Slide as Artificial Intelligence Frenzy Eases

The S&P 500 Index ($SPX ) (SPY ) today is down -1.04%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.67%. September E-mini S&P futures (ESU26 ) are down -1.00%, and September E-mini Nasdaq futures...

Barchart

Stocks Retreat as Tech Shares Plunge

The S&P 500 Index ($SPX ) (SPY ) today is down -1.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.69%. September E-mini S&P futures (ESU26 ) are down -1.14%, and September E-mini Nasdaq futures...

The Guardian - US

Mystery of hit on Tren de Aragua leader: is it linked to US mining plans in Venezuela?

Trump boasted of assassinating Héctor Guerrero Flores but details are scarce and experts doubt it will harm drug trade

The Independent UK

Egypt detains hundreds of people in crackdown on illegal gold mining

The Egyptian military warned that ‘it retains all available options to deal with all threats’

The Economic Times

Hindustan Zinc signs MoU to explore green hydrogen for mining operations

Hindustan Zinc is pioneering green hydrogen adoption for underground mining, partnering with Advantek Associates and Aero Eagle Automobiles. This initiative aims to slash carbon emissions and transition towards low-carbon, future-ready operations. The collaboration will explore hydrogen fuel cells and H2-ICE technologies, positioning the company as a leader in sustainable mining…

MarketBeat

These 3 Bitcoin Miner Stocks Are Riding the AI Data Center Boom

Hut 8, TeraWulf, and Core Scientific have each gained more than 90% YTD pivoting to AI data center landlordship, but valuations and timelines vary widely.

The Economic Times

Aravalli Biodiversity Park helps Delhi retain 3 million litres of rainwater, reduce flooding: Study

Delhi's Aravalli Biodiversity Park is a vital green lung, retaining nearly three million litres of rainwater annually and significantly reducing flood risks. This restored forest, once a degraded mining site, now boasts over 2 lakh trees that also combat air pollution and act as a substantial carbon sink. Researchers highlight…

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