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The Latest Breaking News from Mining

Mining Is Safer, Cleaner, and More Ethical in America. So Why Do Environmentalists Stand in the Way?

The U.S. now ranks second to last in the time it takes to develop a new mine—roughly 29 years. Only Zambia is worse.

Reason

Operation ‘Close the Hole’: What to know about a standoff between police and trapped miners in South Africa

The illegal miners are known as zama-zamas or ‘hustlers’ in the Zulu language

The Independent UK

Rio to take full control of uranium mine near Kakadu

Rio Tinto plans to compulsorily acquire shares in Energy Resources of Australia and get on with rehabilitating the Ranger uranium mine surrounded by Kakadu.

AAP

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Rio Tinto review shows rise in rape and bullying reports

Bullying claims linked to diversity programme ‘retaliation’, despite efforts to improve workplace culture

The Guardian - UK

The NT and ACT might have small populations but their economies are growing faster than the bigger states

The Northern Territory and Australian Capital Territory have won bragging rights for having the fastest growing economies within Australia.

The Conversation

Rio Tinto employees report rise in bullying, sexual assault

Half of survey respondents also say mining giant’s workplace culture has improved ‘a lot’ or ‘a little’.

Al Jazeera

3 High-Potential Gold Mining Stocks to Hedge Against Inflation

Amid global economic uncertainty and inflation levels, investing in sound gold mining stocks appears to be a smart strategy for defense investment portfolios. Against this backdrop, quality gold mining stocks Agnico Eagle Mines (AEM), Barrick Gold (GOLD), and Kinross Gold (KGC) could be ideal investments as a hedge against inflation.…

StockNews.com

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ED arrests two persons in illegal mining case linked to Himachal, Uttar Pradesh

Gian Chand and Sanjay Dhiman were arrested on Monday and were produced before a special court in Ghaziabad earlier on Tuesday. Read further on Dynamite News:

Dynamite News

Mining tech firm is first to get federal fund money

Russell Mineral Equipment will get $40 million from the federal government's National Reconstruction Fund, allowing it to remain Australian-owned and operated.

AAP

Australian shares surge to another record high

The ASX200 finished up 0.9 per cent to set a new record closing high after climbing above 8,400 for the first time in afternoon trade.

AAP

Australian goldminer to pay Mali $160m to free detained CEO and executives

Group were held after a meeting about what mining firm referred to as unsubstantiated claims regarding taxes and levies

The Guardian - UK

Australian mining company to pay Mali junta $160m for release of CEO

Australia's Resolute Mining said Monday it has struck a deal worth $160 million (€151 million) with the military government of Mali, after the company's CEO and two other executives were "unexpectedly detained".

Radio France Internationale

South African miners trapped underground: What you need to know

Police officials surrounded the mine and cut off suppliers to the illegal miners, hoping to force them out.

Al Jazeera

Perth mining company pays $247m to free CEO in Mali

Resolute Mining has already paid $123 million to the government of Mali and promised to pay $123 million more after three employees were detained 10 days ago.

AAP

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news in one place.

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AAP

Premier flags tax stability for multinational miners

A mining boss has labelled Queensland's coal royalty scheme a 'sugar hit' as the premier looks to incentivise business with fewer taxes and regulation.

Al Jazeera

Miners holed up in abandoned South Africa shaft ‘starving’

Rescue operations involving volunteers ongoing in Stilfontein amid reports that hundreds are still trapped underground.

The Guardian - AU

Mineral Resources claws back $158,000 in rent relief to corporate entities linked to embattled boss Chris Ellison’s daughter

Billionaire mining executive made headlines earlier this year when he said of workers ‘I want to hold them captive all day long’ in office

Top News

South Africa Refuses Aid To Illegal Miners In Closed Mine

South Africa's government takes a tough stance against illegal mining, refusing aid to trapped miners in Stilfontein. Persistent challenges and criminal ac...

The Independent UK

South Africa says it won’t help 4,000 miners running out of food inside closed mine

The government in South Africa says it will not help about 4,000 miners inside an illegal closed mine in the country's North West province as part of an official policy against illegal mining.

International Business Times

In Colombia, A River's 'Rights' Swept Away By Mining And Conflict

In 2016, a Colombian court sent a powerful statement on environmental protection by ruling that a crucial river in the northwestern Choco jungle, which was being decimated by illegal mining, had legal rights.

Radio France Internationale

Niger embraces Russia for uranium production leaving France out in the cold

Niger has called on Russian firms to directly invest in uranium and other natural resource production, following the collapse of relations with former colonial ruler France and the eviction of French nuclear giant Orano from the country

MarketBeat

Is MARA a Safe Way to Get Exposure to the Bitcoin Rally?

Shares of MARA stock are correlating with the recent rally in Bitcoin; however, a 5% post-earnings drop leaves investors wondering if this is a buyable dip

International Business Times

The Real $BTC Country? Bhutan Government's Bitcoin Treasury Passes $1 Billion

The Kingdom of Bhutan, a small sovereign state that quietly built up its Bitcoin mining operations, has become a force to reckon with as it now has 12,000 Bitcoins worth over a billion dollars.

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