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The Latest Breaking News from Mining

Can This Underperforming Gold Stock Break Out in 2024?

Orla Mining stock is down more than 25% in 2023 despite a recent run-up in gold prices. Yet, analysts continue to remain guardedly optimistic about the stock.

Barchart

The death toll from a mining tragedy in South Africa rises to 13 after a worker dies at a hospital

The death toll from a mining tragedy last week in South Africa that involved an elevator at a mine has risen to 13 after a worker died at a hospital

The Independent UK

Bitcoin Price Nips $42,000 — 20-Month High; Crypto Stocks Spike; Bitcoin Miner Reverses After Merger

Bitcoin price bolts to $42,000 for the first time in 20 months, leading a cryptocurrency rally. New Hut bitcoin miner reverses after merger.

Investors Business Daily

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Essequibo, the oil and mineral-rich region disputed by Venezuela and Guyana

A non-binding referendum in Venezuela has shown overwhelming support for the government's claims to Essequibo, a large swathe of land controlled by neighbouring Guyana. The land dispute between the two countries is over a century old, but heated up back in 2015 with the discovery of oil fields off the…

France 24

Hunter coal's last chapters being written, but blank pages remain

Many things possible for Hunter's remaining players during mining transition

Newcastle Herald

Residents to intensify protest against soil extraction at Mattappally

The day-night protest against the mining completed seven days on Sunday; residents fear that “indiscriminate’‘ mining would be detrimental to the environment and result in an acute drinking water shortage in the region.

The Hindu

NECL and Madhava Projects Limited flouted mining norms at quarries in Anakapalli district, Environment Ministry informs NGT

NECL and Madhava Projects Limited flouted mining norms at quarries in Anakapalli district, Environment Ministry informs NGT. Both the companies are liable to pay a compensation of ₹92.50 crore, the Environment Ministry says in its inspection report.

The Hindu

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Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages

Water needed for daily consumption is now tremendously used during every Bitcoin transaction.

Tom’s Hardware

Nine killed and at least 20 injured after armed men attack Poderosa mining company in Peru

Seven people have been arrested

The Independent UK

African countries lost control to foreign mining companies – the 3 steps that allowed this to happen

Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations. Since the 1990s, transnational corporations have once again become the dominant force as owners and managers of major mining projects.

The Conversation

Deep sea miners turn water hoses on Greenpeace activists in the Pacific

Protesters have been using canoes and dinghies to obstruct deep sea mining exploration vessel between Mexico and Hawaii

The Guardian - UK

Chinta Mohan faults ED, Center over “dual policy” on sand mining

.Former Union Minister Chinta Mohan criticized ED & Finance Ministry for dual stand on sand mining in AP & TN. He demanded notices to 15 AP district collectors & GST collection to curb smuggling & generate revenue. He called YSRCP's social justice claim ridiculous & predicted Congress sweep in Telangana…

The Hindu

Andhra Pradesh| CPI writes to Governor Nazeer seeking intervention on beach sand mining contracts in State

CPI urges Governor to stop beach sand mining in AP, citing threat to national security. Adani Group to get 92% of project contract, violating Union govt. restrictions. Mining of 6 minerals, incl. thorium, could lead to atomic power/bombs. Govts. disregarding laws, risking environment & tourism.

The Hindu

Big media’s strange self-censorship of Cricket World Cup, and why it mustn’t now forget ‘rat-hole mining’

In the good old days, when print was king, people got all their news from newspapers. Depending on your preoccupations or interests, you could start with page one, or turn to the back of the newspaper. Page one, as now, consisted of headline news – mostly politics, some business, disasters,…

Newslaundry

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The Guardian - UK

How problematic is mineral mining for electric cars?

In part two of our series exploring myths surrounding EVs, we weigh up the issues of resource extraction

The Hindu

Maski that unmasked the mysterious Devanampiye and established him as Emperor Ashoka

Devanampiye and Piyadasi (meaning ‘Devanampriya’ and ‘Priyadarshi’ in Sanskrit and ‘beloved of the gods’ and ‘one with a benevolent gaze’ in English) were the two names that were widely referred to, either separately or together, in the ancient inscriptions and Buddhist literature found across South Asia. Since nobody could authentically…

International Business Times

Canadian Mining Firm Seeks To Suspend 7,000 Workers In Panama

Canadian firm First Quantum Minerals on Thursday asked Panama's government to suspend the contracts of some 7,000 workers at Central America's biggest copper mine, due to be closed under a court ruling.

The Hindu

Sand mining case effect: TN officials now need permission for producing official documents

Tamil Nadu govt. amends Conduct Rules to require govt. employees to get prior permission from immediate superior authority before producing official documents during inquiry by Central/State govt. Applies to enquiries conducted by any person, committee or authority. Appropriate authority means immediate superior.

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The Hindu

Alleged sand loot | Is the ruling DMK in big trouble?

What is the alleged sand mining loot in Tamil Nadu all about? It all began in September this year, when multiple teams of the Directorate of Enforcement (ED) fanned out to over 25 locations, looking for excess sand mining in the mining sites directly controlled by the Water Resources Department.

France 24

Ibama: Brazil's environmental police are back on the job

When President Luiz Inacio Lula da Silva returned to power in January, he revived Brazil's environmental police force. The Brazilian Institute for the Environment and Renewable Natural Resources (Ibama) is "back at work", says its president, Rodrigo Agostinho. After years of budget cuts under Lula's predecessor Jair Bolsonaro, Ibama has…

The Independent UK

Panama's high court declares mining contract unconstitutional. Here is what happens next

In a historic ruling, Panama’s Supreme Court declared that legislation granting a mining concession to a subsidiary of Canadian mining company First Quantum Mineral was unconstitutional

The Hindu

Understanding rat-hole mining | Explained

Rat-hole mining, once used in Meghalaya, was used to rescue 41 workers from the Silkyara tunnel. Despite a 2014 ban, illegal mining and trafficking of coal continues, leading to land degradation, deforestation, and water pollution. Human rights activists flagged the hazards of rat-hole mining two decades ago, with reports estimating…

GamesRadar

Win a custom hand-painted SteamWorld Build controller and game code

Build your mining town with the best kit you can get

Al Jazeera

How rat miners rescued workers from Indian tunnel after 17 days

After machines broke down, rat miners successfully rescued 41 workers trapped in India’s Uttarakhand tunnel.

The Hindu

Rat-hole miners’ talent, experience come in handy in rescue of 41 trapped workers at Silkyara

Rat-hole miners' talent & experience used to rescue 41 trapped in Silkyara tunnel. NDMA member said their capability was used despite ban on coal mining using the technique. 12 experts from Delhi, Jhansi & other parts of country deployed technique horizontally in collapsed part.

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