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The Latest Breaking News from Mining

Miners are razing forests to meet surging demand for metals and minerals, report says

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon emissions and displacing Indigenous communities

The Independent UK

620,000 people are fighting one case in the UK courts. And this is why

The Mariana dam collapse has been dubbed Brazil’s worst ever mining disaster

The Independent UK

ABBA, Radiohead and The Cure musicians sign AI protest letter against 'unlicensed use' of works

Musicians from ABBA, Radiohead and The Cure have joined actors and authors in signing a protest letter against the mining of their artistry to build artificial intelligence tools

The Independent UK

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Silver Prices Surge: Is Endeavour Silver Stock a Buy as Futures Hit a New 12-Year High?

Silver stocks are soaring today after Citi hiked its price target for the industrial metal.

Barchart

‘They do not respect our land. They do not respect our people’. Brazil’s traditional people take on BHP in one of the world’s biggest class actions

Australian mining giant BHP is at the centre of one of the world’s largest class actions, the trial for which started this week in London.

The Conversation

End of coal in South Africa: what 100,000 workers will need when their jobs go

South Africa’s move to renewable energy means that the coal industry will be phased out over the coming decades. This transition away from a fossil-fuel based economy will affect over 100,000 workers in coal mining and coal-fired power generation – and their families. Economics professor and director of the Development…

The Conversation

3 Green Mining Stocks Focused on Ethical Resource Extraction

Green mining practices are revolutionizing the mining industry, driven by an urgent call for sustainable resource extraction amid climate change. As this eco-friendly shift gains momentum, Vale S.A. (VALE), BHP Group (BHP), and Rio Tinto Group (RIO) are seizing the moment, turning sustainability into a powerful growth opportunity. Read on….

StockNews.com

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Brazilian Victims Seek Record Compensation In UK Court

Victims of Brazil's 2015 mining disaster seek billion in damages from BHP in UK court for environmental devastation and loss of lives.

Top News

BHP ‘doggedly trying to avoid’ responsibility for Brazil dam disaster, English high court hears

Largest group lawsuit in English legal history opens over collapse of dam owned by mining firm that killed 19 people

The Guardian - UK

London Trial Probes 2015 Brazil Mine Disaster

A trial to determine whether Australian mining giant BHP is liable for one of Brazil's worst environmental disasters opened Monday in London, potentially triggering billions of dollars in compensation to be shared among hundreds of thousands of people.

International Business Times

Brazil environmental disaster victims take case against mining giant BHP to UK court

Victims of Brazil’s worst environmental disaster are taking their case for compensation to a UK court on Monday

The Independent UK

Option Volatility And Earnings Report For October 21 - 25

It’s a busy week of earnings, with a lot of big names due to report including Tesla, Boeing, Newmont Mining, International Business Machines, and UPS all set to report.

Barchart

Billionaire mining boss says it was ‘regrettable’ he didn’t disclose overseas revenue to ATO

Mineral Resources shares fell more than 10% after comments by founder Chris Ellison following AFR tax investigation

The Guardian - AU

Labour shortages still 'number one' concern: RBA

Firms are struggling to retain workers as activity from mining, infrastructure projects and even the 2032 Brisbane Olympics keeps demand for labour high.

AAP

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International Business Times

BHP Goes On Trial In London Over 2015 Toxic Brazil Mine Disaster

Australian mining giant BHP goes on trial on Monday over one of Brazil's worst environmental disasters, potentially triggering billions of dollars in compensation to be shared among hundreds of thousands of plaintiffs.

Tom’s Hardware

Lucky buyer scores ten Nvidia GTX 1070 GPUs for $100 — nine out of 10 are working after a good bath

Youtuber Bryan, who runs Tech Yes City, picked up ten untested Inno3D GTX 1070 8GB GDDR5 graphics cards that are likely from a mining farm.

StockNews.com

3 Metals & Mining Stocks to Buy for Inflation Protection

Prices for precious and industrial metals are increasing thanks to shifting global demand and central bank policies. In light of this, I have evaluated quality metals and mining stocks, BHP Group Ltd. (BHP), Rio Tinto (RIO), and Southern Copper Corp. (SCCO), that could help protect your portfolios from inflation.

The Independent UK

Afro-Colombians fight the effects of gold mining through biodiversity projects in a violent region

Many initiatives by ethnic communities in impoverished Choco in northwestern Colombia aim to fight back against the environmental devastation inflicted upon the Atrato, a river that weaves around some 750 kilometers (470 miles) through northern Colombian jungles

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The Independent UK

Colorado gold mine where tour guide was killed and tourists trapped ordered closed by regulators

State regulators have ordered a former Colorado gold mine where a tour guide was killed and a group of tourists was trapped for hours after an elevator accident to remain closed while its operations are reviewed

Barchart

FCX Q3 Forecast: Is This Copper Mining Stock a Buy Ahead of Earnings?

Freeport-McMoRan is a copper mining company that has crushed broader market returns in the past five years. Can it deliver yet again in Q3 of 2024?

Barchart

This Bitcoin Mining Stock is a Buy Now, Here's Why

Here’s why this Bitcoin mining stock presents a strong buy opportunity.

Newslaundry

Absence of survey, local resistance: Assam limestone mining auction in limbo

In December last year, the Assam government issued a tender for the auction of seven limestone mines in Dima Hasao district, which operates under the sixth schedule of the Constitution, and is governed by an autonomous council that represents its tribal communities.

The Guardian - UK

‘I’ve seen the dark, fat grease stuck to the leaves’: oil and gas encroach on Peru’s uncontacted peoples

The government is auctioning off plots of pristine Indigenous reserves for fossil fuel projects, with campaigners warning of a ‘silent genocide’

International Business Times

Trial Into Brazil Mining Disaster To Open In London

A long-awaited trial into whether Australian miner BHP is liable for one of Brazil's worst environmental disasters opens in London on Monday, potentially triggering compensation totalling billions of dollars.

Newslaundry

8 mining firms indicted by CAG in Odisha are political donors

Last month, a Comptroller and Auditor General report had pointed to serious lapses on part of the Odisha government which substantially helped 23 private companies deal a loss of Rs 22,392 crore in mining revenue from 2015 to 2022. Newslaundry has now found that eight of these companies, which caused…

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