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The Latest Breaking News from Mining

Dogecoin Pushes Litecoin Hashrate To All-Time High: 'Meme Game Is Strong'

Litecoin’s (LTC) mining hashrate has hit an all-time high and that is in part thanks to Dogecoin (CRYPTO: DOGE), according to the former's founder Charlie Lee.

Benzinga

Miner Northern Star Resources strikes gold beneath Kalgoorlie's Super Pit

The owners of Kalgoorlie's Super Pit say they are only scratching the surface after releasing the first results from a new underground drilling campaign.

ABC News

Around 750 NSW coal miners could lose jobs

More than 700 coal mining jobs could be impacted by the imminent closure of Australia's largest coal-fired power plant close in the NSW Hunter region.

AAP

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South32 releases fresh plans for continued mining beneath Sydney's drinking water catchment

Opponents to South 32's plan say it "doesn't make sense" to put the catchment at risk, but supporters argue the potential economic benefits are too good to ignore.

ABC News

Preview: Coeur Mining's Earnings

Coeur Mining (NYSE:CDE) is set to give its latest quarterly earnings report on Wednesday, 2022-05-04. Here's what investors need to know before the announcement. Analysts estimate that Coeur Mining will report an earnings per share (EPS) of $-0.02.

Benzinga

Why Bitcoin- And Ethereum-Related Stock SOS Limited Is Falling

Sos Ltd - ADR (NASDAQ: SOS) shares are trading lower by 6.76% at $0.55. Shares are likely falling due to profit-taking after Monday’s rally. SOS Limited on Monday reported FY21 sales of $358.042 million, versus $50.317 million in FY20.

Benzinga

Recap: SSR Mining Q1 Earnings

SSR Mining (NASDAQ:SSRM) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

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SSR Mining: Q1 Earnings Insights

SSR Mining (NASDAQ:SSRM) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Election Commission notice to Hemant Soren over office-of-profit charge

Notice pertains to charge against him for allotment of a mining lease in his name last year

The Hindu

A new kind of 'mining' has arrived in the Ohio Valley. What will crypto mean for the region?

But Blockware Mining isn’t alone in Kentucky. As the technology takes off, a cryptocurrency mining boom is taking place in the state that’s known for mining coal. It’s a burgeoning industry that investors see as a cutting-edge economic opportunity. But critics say it’s compounding the world’s preeminent crisis – climate…

WEKU

Amazon tribes turn the tables on intruders with social media

Indigenous Brazilians in the Amazon rainforest have endured years of scant recourse when prospectors and landgrabbers do violence in their territories

The Independent UK

Earnings Preview: Comstock Mining

Comstock Mining (AMEX:LODE) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Comstock Mining will report an earnings per share (EPS) of $-0.03.

Benzinga

Coal on election agenda with clash of views over McKell Institute 'casuals' report

Keith Pitt says coal casual labour claims are 'propaganda'

Newcastle Herald

Burkina Faso investigates mine flood as rescue efforts continue

Prime Minister Albert Ouedraogo says the managers of the Canada-based mining company have been banned from travelling.

Al Jazeera

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StockNews.com

Will Coal Stock, Peabody Energy, Keep Outperforming the Market in 2022?

Coal mining company Peabody Energy (BTU) saw its shares shoot up year-to-date, driven by skyrocketing coal prices amid the Russia-Ukraine conflict and many nations planning to ban coal imports from Russia. Given that the demand for coal continues to rise due to surging electricity consumption and a natural gas shortage,…

The Guardian - UK

Arica review – gripping tale of Chileans fighting back against a mining giant

This documentary covers the struggle for environmental justice as 800 local residents take a Swedish company to court

Newcastle Herald

Mining union uses May Day focus to launch new report on 'stolen wages' in Hunter coal

Real difference between Labor and Liberal in workplace relations

Newcastle Herald

Hunter mining communities $250 million a year worse off because of lower casual mineworker wages

Union movement pushing casual wage rates onto the election agenda

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The Independent UK

Biden order to boost mining may not have quick payoff

President Joe Biden is turning to a Cold War-era law to boost production of lithium and other minerals used to power electric vehicles

Newcastle Herald

Red and dead: Streams of acid leach from old Hunter mines

Salinity from Upper Hunter mines will trump acid drainage issues, expert.

Benzinga

Wipro Shares Drop Post Q4; Misses Consensus

Wipro Limited (NYSE:WIT) reported fourth-quarter FY22 gross revenue of $2.75 billion, an increase of 28.4% Y/Y, which missed the consensus of $2.8 billion. IT Services revenue grew 26.4% Y/Y (3.1% Q/Q) to $2.7 billion. Non-GAAP constant currency IT Services segment revenue grew 28.5% Y/Y. IT Services Operating Margin for the quarter was at…

Benzinga

FinTwit Focus: How Creek Road Mining Takes A Green Approach To Cryptocurrency Mining

Creek Road Miners Inc (OTCMKTS: CRKR), a sponsor of the upcoming FinTwit Conference hosted by Benzinga in partnership with Lupton Capital, has devised a novel method of mining bitcoin for a fr

Asharq Al-Awsat

Landslide Kills 12 Women at Illegal Gold Mine in Indonesia

Rescuers retrieved a dozen bodies of women buried under tons of mud from a landslide that crashed onto an unauthorized gold mining operation on Indonesia’s Sumatra island, police said Friday. About 14 women were looking for gold grains Thursday in a pit roughly 2 meters (6.5 feet) deep at a…

The Guardian - UK

‘Deep-sea gold rush’ for rare metals could cause irreversible harm

Mining companies are planning to profit from the new industry, but environmental campaigners warn of disastrous consequences

Benzinga

Stocks That Hit 52-Week Lows On Thursday

During Thursday, 849 stocks hit new 52-week lows.

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