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The Latest Breaking News from Mining

What's Going On With Bitcoin- And Ethereum-Related Stock SOS Limited Today?

Shares of Chinese companies, including Sos Ltd - ADR (NYSE: SOS), are trading lower. Concerns over COVID-19 cases in China, as well as U.S. market weakness, have pressured Chinese stocks today.

Benzinga

Tesla confirms Vale nickel deal, lifts veil on US race data

Tesla Inc. confirmed a deal to buy nickel from mining giant Vale SA among other metal-supply contracts in an annual report on the company’s global impact, which also provided detailed data on the racial composition of its U.S. workforce.

Tribune News Service

Nvidia Agrees To Pay $5.5M Penalty For Insufficient Disclosure Of Crypto Impact

NVIDIA Corporation (NASDAQ:NVDA) agreed to settle civil charges for inadequate disclosure of the impact of crypto mining on its gaming business. The chipmaker will pay $5.5 million to the U.S. SEC for misleading investors and analysts interested in understanding the impact of crypto mining on Nvidia's business. Despite having information, Nvidia failed to…

Benzinga

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Saudi Arabia to Attract Investments Worth $32 Bln in Mining, Minerals Sector

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said Friday that the ministry has a goal to attract investments worth $32 billion to its mining and minerals sector through nine new projects, state news agency SPA reported. The projects are aimed at supporting supplies of mineral products to local…

Asharq Al-Awsat

ED conducts raids in Jharkhand MGNREGA funds fraud case; recovers over Rs 18 crore

NEW DELHI/RANCHI: The ED have conducted raids at multiple premises, including that of Jharkhand mining secretary Pooja Singhal and her family, in connection with a money laundering probe linked to the alleged embezzlement of over Rs 18 crore MGNREGA funds in Khunti district of the state during 2008-11, officials said…

The Times of India

Chile's parched mines race for an increasingly scarce commodity: water

A record-breaking drought in Chile is impacting mining operations and forcing companies to escalate their search for more sources of water, from water treatment and pricey desalination plants to even encouraging workers to use less water in the shower.

Reuters

ED raids on multiple locations linked to IAS Pooja Singhal in connection with illegal mining

Enforcement Directorate (ED) teams, since Friday morning, are conducting raids across 18 locations in connection with the illegal mining and mines allocation. Read more on Dynamite News:

Dynamite News

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In Indonesia’s illegal mines, the poor risk it all for fortune

Deaths of 12 women last month are the latest in a series of fatal accidents in country’s illicit mines.

Al Jazeera

Chamber of commerce 'disappointed' with City of Kalgoorlie-Boulder on housing inaction

The Kalgoorlie-Boulder Chamber of Commerce and Industry says the lack of new housing is causing mining companies to price locals out of the market.

ABC News

Bougainville starts process to reopen controversial Panguna mine

Officials say the facility will provide crucial income despite causing war and pollution the last time it was open.

Al Jazeera

Palmer pulls ads amid talk of candidate rift

Has the mining billionaire changed his mind about preferencing the major parties last?

Newcastle Herald

Friday essay: writing poems across oceans, cultures and emails – John Kinsella on creative collaboration

My maternal grandfather was an artist who was a sign-writer. On commission, and under the eye of the public, he painted the giant Queen Elizabeth for the 1954 ‘Royal Visit’ and the giant Captain Cook (with map of ‘New Holland’) for the 200th ‘celebrations’. These lines, read on their own,…

The Conversation

UK Sanctions Russian Steelmaker Evraz, Part-Owned by Billionaire Abramovich

The British government said on Thursday it had sanctioned steel manufacturing and mining company Evraz, whose biggest shareholder is sanctioned billionaire Roman Abramovich, in response to Russia's invasion of Ukraine. "The steel manufacturing and mining company operates in sectors of strategic significance to the Government of Russia," the government said…

Asharq Al-Awsat

Why AMC-Related Stock Hycroft Mining Is Popping Off

Hycroft Mining Holding Corporation (NASDAQ: HYMC) shares are trading higher by 27.92% at $1.79 after the company reported first-quarter earnings results.

Benzinga

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Benzinga

Qantas Airways Acquires Remaining 80% Stake In Alliance Aviation For $443M: Reuters

Australia’s Qantas Airways (OTC:QABSY) said it is acquiring the remaining 80% stake in Alliance Aviation Services for A$610.8 million ($443.14 million) in an all-stock deal, Reuters reported. The acquisition is expected to expand Qantas’ presence in the charter business. The airways will make use of the increased activity in the mining sector after reopening international…

Chronicle Live

Antiques Roadshow to return to Woodhorn Museum for second time this year

The mining museum saw an increase in interest after the first part of two episodes was aired in February

The Hindu

Over 1 lakh trees to be felled for proposed coal mining in Odisha

Union Coal Ministry seeks expedited forest, environment clearance

The Guardian - AU

Rio Tinto warns Australia’s slow renewable energy rollout threatens fossil fuel phase out

Mining giant also apologises for bullying culture at annual shareholder meeting

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ABC News

Port Hedland rental properties too expensive for family left homeless in booming mining region

A Port Hedland mum who says her family has been without a permanent home since July last year has a long wait ahead of her to get into a home after being priced out of the rental market.

Benzinga

Hycroft Mining Shares Are Surging: Here's Why

Hycroft Mining Holding Corp (NASDAQ: HYMC) shares are surging in Wednesday's after-hours session after the company reported first-quarter results and announced findings from a recent exploration.

ABC News

Donnybrook residents fight to stop abandoned gold mine shafts from being filled in

A decision to fill in abandoned mine shafts in one of WA's lesser-known gold mining communities is met with backlash from locals who say it will destroy parts of the town's history.

Belfast Live

Government greenlights Northern Ireland goldmine's bid to hire around the world

Canada based Galantas Gold has an open pit mine in Co Tyrone

Nottingham Post

Charity offers £200 grant to former coal miners to help with rise in energy costs

A charity is offering support to those in the coal mining industry

The Guardian - US

‘Pure propaganda’: inside Starbucks’ anti-union tactics

In a state where labor culture isn’t strong, a Denver store’s union drive is notable. As soon as it was announced, high-ranking company figures began visiting

Newcastle Herald

750 mining jobs potentially at stake as Eraring closure approaches

Deputy Premier says 750 mining jobs potentially affected by Eraring closure

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