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The Latest Breaking News from Mining

Former Newcastle mining township of Minmi a place of secrets

As urban sprawl draws closer to Minmi, Mike Scanlon uncovers the village's hidden gems

Newcastle Herald

Mining lease: Mathew Kuzhalnadan, MLA, adduces more “evidence”

Thiruvananthapuram Congress legislator accuses Chief Minister of favoring mining company, seeks court-monitored inquiry, court hearing on May 6.

The Hindu

Mining industry braces for multi-billion pound Anglo American bidding war

Glencore understood to be considering takeover offer while BHP could move again after initial rejection

The Guardian - UK

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SC allows CBI to continue probe in Sahibganj illegal mining case, but bars it from filing chargesheet

The Supreme Court on May 3 allowed CBI investigation into allegations of illegal mining in Sahibganj district of Jharkhand by Pankaj Mishra, a “close associate” of former Chief Minister Hemant Soren, and others to continue.

The Hindu

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

International Business Times

Illegal mining in the Aravalli range must stop, says SC

Supreme Court demands halt to illegal mining in Aravalli Range, Rajasthan to protect environment and heritage.

The Hindu

2 Gold Mining Stocks to Buy While They’re Cheap

With inflation still hot and uncertainty looming over the timing of Fed rate cuts, here are two dividend-paying gold mining stocks to consider while they are cheap.

Barchart

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Why Suitors Are Desperately Seeking Anglo American Stock

Producers all want to increase copper output to take advantage of rising demand in EVs, grid infrastructure and data centers - but that bullishness isn’t translating into the huge investments needed to develop new mines. Thus, the start of a bidding war for Anglo American.

Barchart

Old scars of illegal mining are overlaid with fresh political tussles here

Ballari Lok Sabha constituency witnesses tough fight between Sriramulu and Tukaram, with sympathy card being played by Sriramulu.

The Hindu

At the coalface: traditional owners demand protection

Traditional owners are pursuing a legal challenge involving Adani's Carmichael mine, seeking to force the Queensland government to protect a sacred site.

AAP

Samsung Foundry Update: 2nm Unveil in June, Second-Gen SF3 3nm Hits Production This Year

As part of Samsung's Q1 earnings announcement, the company has outlined some of its foundry unit's key plans for the rest of the year. The company has confirmed that it remains on track to meeting its goal of starting mass production of chips on its SF3 (3 nm-class, 2nd Generation)…

AnandTech

Coal Miner Utilizes Excess Power For Bitcoin Mining, Now Holds 425 BTC

An Oklahoma-based coal miner started mining Bitcoin in the second half of 2020 as a "pilot project," and now it holds 425 BTC – mined from the company's "excess" energy.

International Business Times

2 Top ETFs to Invest in the 'Inevitable' Copper Boom

Explore the potential of investing in copper through two key ETFs, which are poised to benefit from increasing demand for the metal in AI and renewable energy initiatives.

Barchart

T.N. to form exclusive wing for sand quarry operations

Tamil Nadu government to establish separate department for sand quarry operations amid allegations of illegal mining and irregularities.

The Hindu

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The Guardian - UK

BHP’s pursuit of Anglo American has a major obstacle: South Africa

The De Beers owner is a longstanding jewel in the African' state’s economic crown – it would be a ‘big blow’ to see it sold off

The Guardian - UK

UN-led panel aims to tackle abuses linked to mining for ‘critical minerals’

Panel of nearly 100 countries to draw up guidelines for industries that mine raw materials used in low-carbon technology

The Guardian - UK

Anglo American rejects £31bn takeover offer from mining rival BHP

All-share proposal had potential to be one of biggest deals in sector for decade but deemed ‘opportunistic’

International Business Times

Clean Energy Drives Massive BHP Takeover Bid

BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades, and one driven by the race for cleaner energy and green metals.

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news in one place.

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International Business Times

Miner Anglo American Rejects BHP's $38.8 Billion Takeover Bid

British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival BHP, slamming it as "highly unattractive" and "opportunistic".

Top News

BHP Shares Drop 3.6% After B Bid For Anglo American

BHP's bid for Anglo American triggers market response and industry speculation.

The Guardian - UK

BHP’s takeover bid for Anglo American is clever but far too low

Shareholders in the mining firm are unimpressed by the offer as it stands but what happens next could be interesting

StockNews.com

3 Gold Stocks to Buy Delivering Exciting Returns

The gold market is poised for solid long-term growth thanks to surging gold demand for jewelry, backed by its appeal as an investment amid geopolitical concerns and potential interest rate cuts. Thus, investors could consider buying quality gold stocks DRDGOLD (DRD), Harmony Gold Mining (HMY), and Centamin (CELTF) for exciting…

France 24

Meta beats expectations on revenue, profits but AI spending spooks investors

Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant's increased capital expenditure on AI infrastructure. Also in this edition: British mining giant BHP makes a $39 billion bid for its rival Anglo American, and Boeing's losses…

Evening Standard

Mining mega-deal may add to multi-billion pound exodus from London Stock Exchange

Swoop for Anglo American from BHP values the FTSE 100 firm at £31 billion in what would be the biggest deal in years

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