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The Latest Breaking News from Mining

New York AG Files $1B Lawsuit Against NovaTech, AWS Mining Over Crypto 'Pyramid Schemes'

New York's Attorney General has filed a billion-dollar lawsuit against AWS Mining and NovaTech for allegedly defrauding thousands of New Yorkers out of millions worth in cryptocurrencies.

International Business Times

2 High-Yield Gold Mining Stocks to Scoop Up This Summer

With the gold market supported by central bank buying and inflationary pressures, investors can capitalize on high-yield gold mining stocks with strong growth prospects, offering a unique opportunity for steady income and potential capital appreciation.

Barchart

Cryptocurrencies use massive amounts of power – but eco-friendly alternatives come with their own risks

As the urgency of climate change ramps up, focus is increasing on digital currencies to address their environmental impact.

The Conversation

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Kerrisdale Shorts Riot Platforms, Says Bitcoin Miner 'Headed For A Mine Collapse'

Kerrisdale Capital is short on Riot Platforms, which it says is better off "playing energy arbitrage games" and issuing stocks than dabbling into the crypto mining sector.

International Business Times

Chile's Lithium Dreams Raise Water Concerns In The Desert

As night falls in Chile's Atacama desert, the world's driest, a drilling machine extracts brine to measure levels of lithium -- a crucial mineral for the global switch to cleaner energy, but harmful in its own way.

International Business Times

‘How could they mine here?’ New Zealand grapples with new push for resource riches

Plan to double mineral exports by 2035 and proposed law to fast-track major projects stir fears over environmental impact

The Guardian - AU

Super fund misled consumers through 'greenwashing'

An Australian super fund engaged in "greenwashing" by falsely telling consumers it did not invest in coal mining, oil tar sands, gambling or Russian companies.

AAP

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Two hundred new Hunter jobs on offer at underground mine

About 75 per cent of the coal will be used for steel making.

Newcastle Herald

Mining puts enormous koala habitat area at risk: study

Koalas face losing an area of habitat 17,000 times the size of the Gabba if proposed coal mines in central Queensland go ahead, a study says.

AAP

Traditional owners welcome protection against mining

After a decades-long fight to prevent mining on their country, traditional owners have welcomed a decision to protect parts of the Kakadu National Park area.

AAP

By not mining vital minerals, NZ is ‘offshoring its own environmental footprint’ – is that fair?

When Resources Minister Shane Jones recently unveiled his draft strategy for mineral mining, it was quickly criticised by the Labour opposition as “taking New Zealand backwards”. One environmental group even called it a “love letter to mining companies”.

The Conversation

1 Outperforming Gold Mining Stock to Grab Now

With gold prices projected to rally by this year's end, this gold mining stock could be a wise pick now.

Barchart

The Heart in Winter by Kevin Barry review – fast and loose on the frontiers of America

The Irish novelist turns his hand to the western in an atmospheric tale of romantic runaways from a 1890s US mining town that has an epic feel despite its brevity

The Guardian - UK

Australian shares edge lower as mining, energy take hit

The benchmark S&P/ASX200 index finished 0.31 per cent lower, with losses for the major miners and oil producers ahead of new data on the economy.

AAP

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Capital & Main

In Rural Pennsylvania, Crypto Mining Offers a Lifeline for Dying Gas Wells

Emails show Diversified largely kept the state in the dark as it fired up its bitcoin mining operation.

The Conversation

Australia’s ‘learning by doing’ approach to managing large mines is failing the environment

High-profile legal disputes, such as the current case between coal giant Adani and the Queensland government, show Australia’s approach to managing large mining projects is flawed.

Newcastle Herald

Upper Hunter residents demand bigger chunk of coal royalties cash

Many Muswellbrook residents want royalties increased further.

Barchart

5 'Critical' Commodity Stocks to Snag Now on Surging Demand

As the commodity supercycle remains in full swing, these 5 stocks offer exposure to critical metals set to experience surging demand amid the green energy transition.

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Salon

Modern nuclear tech can't outrun risks

Microreactors promise climate resilience and military-tech might — but proliferation and pollution concerns linger

AAP

Wild weather impacting gold mining production

Operations at Australian gold mining companies have slumped in 2024 due to cyclones across swathes of the nation, according to a consultancy.

Barchart

2 Copper Stocks to Buy for the Green Energy Transition

The green energy transition is driving surging demand for copper. This presents compelling investment opportunities in leading copper producers like Freeport-McMoRan and Teck Resources, which look well-positioned to capitalize on the projected supply shortages and robust copper prices.

Newslaundry

Hafta 487: Final phase of polls, mining issues, heatwave in cities

This week, Newslaundry’s Abhinandan Sekhri, Raman Kirpal, and Anand Vardhan are joined by The Caravan’s editor-in-chief Hartosh Singh Bal and investigative journalist Aruna Chandrashekhar.

The Guardian - AU

Gina Rinehart retains top spot on rich list as 200 wealthiest Australians see fortunes grow by 11%

Technology figures including Afterpay founders rise up AFR rich list rankings, reflecting ‘changing nature’ of Australian economy

AAP

Nuclear plan a 'distraction' as coal town transitions

A coal mining town earmarked as a possible site for hosting a nuclear power plant is showing little appetite for the federal opposition's plan.

The Guardian - AU

‘Largest ever’ NSW coalmine plan will put pressure on state’s net zero target, watchdog says

EPA says proposal to keep Hunter Valley Operations mines going to 2050 would release almost 30m tonnes of CO2

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