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The Latest Breaking News from Mining

Anglo American Rejects BHP's Improved Takeover Bid

Australian mining giant BHP revealed Monday that British rival Anglo American has rejected an "improved" takeover bid worth GBP34 billion ($43 billion) as it aims to create a copper titan.

International Business Times

Anglo American Rejects BHP's .7 Billion Revised Proposal

Anglo American turns down BHP's .7 billion offer, signaling disinterest in merger. Both remain key players.

Top News

1 Cheap Gold Mining Stock to Scoop Up Now

New Gold is an intermediate gold mining stock that trades at a cheap valuation in 2024. Here's why NGD stock still looks like a bargain, even as it rallies above Wall Street's mean price target.

Barchart

Their batteries hurt the environment, but EVs still beat gas cars. Here's why

NPR listeners wrote to ask whether the environmental harm from building EVs "cancels out" the cars' climate benefits. Experts say the answer is clear.

WEKU

No fresh mining leases, renewals in Aravallis, Supreme Court orders

Supreme Court halts new mining leases in Aravalli hills, orders uniform definition to protect environment and livelihoods.

The Hindu

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

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The Guardian - AU

Gina Rinehart, One Nation and the Greens all oppose Glencore’s plan to store CO2 in the Great Artesian Basin – why?

The mining company insists the storage hub is safe but many are unconvinced about injecting carbon dioxide into a major Australian water resource

Barchart

2 Mining Stocks to Scoop Up for Passive Income and Growth

As global demand for nuclear energy and infrastructure skyrockets, here are two mining stocks well-positioned to ride the wave.

The Hindu

Illegal sand mining case | SC seeks report as T.N., ED quarrel over whether District Collectors gave agency requisite documents

The Bench directed the ED to file a compliance report, detailing the documents sought from the Collectors in the summons and what among these records were allegedly not produced by them.

The Hindu

Illegal sand mining, murder in Madhya Pradesh | Houses of two accused demolished; tractor owner held

Authorities in Shahdol, Madhya Pradesh demolished houses and arrested individuals involved in a fatal incident with a tractor-trolley.

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The Hindu

Eshwar Khandre accuses Bhagwant Khuba of concealing information about penalty imposed on him for illegal mining

Congress leader accuses BJP candidate of hiding ₹25.28 crore fine for excess mining in Kalaburagi, alleging favoritism in contracts.

The Hindu

Police officer in M.P. run over by tractor; properties of accused razed

Madhya Pradesh Police ASI crushed to death stopping illegal sand mining; driver arrested, owner on the run.

Radio France Internationale

UN panel seeks to stem mining abuses in global rush for critical minerals

As the world rushes to exploit the “critical minerals” needed for the transition to green energy, a UN-led panel has been tasked with putting together guidelines to ensure that their extraction and exploitation is fair, transparent and environmentally friendly.

AnandTech

Samsung Tapes Out Its First 3nm Smartphone SoC, Gets A Boost From Synopsys AI-Enabled Tools

This week Samsung Electronics and Synopsys announced that Samsung has taped out its first mobile system-on-chip on Samsung Foundry's 3nm gate-all-around (GAA) process technology. The announcement, coming from electronic design automation Synopsys, further notes that Samsung used the Synopsys.ai EDA suite to place-n-route the layout and verify design of the…

Newcastle Herald

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

The Hindu

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 Guardian - UK

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

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