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The Latest Breaking News from Mining

UN agency that governs international waters mired in grueling debate over deep sea mining

Members of a U.N. agency that governs international waters are locked in a fierce debate amid disagreement over whether to allow deep sea mining and set a new deadline for proposed regulations still stuck in draft mode

The Independent UK

Brazilian petrochemical company settles with city where mining destroyed entire neighborhoods

Brazil’s petrochemical giant Braskem says it has reached a $356 million settlement with a coastal city where four decades of the company’s rock salt mining destroyed five urban neighborhoods and displaced tens of thousands of people

The Independent UK

Mining the seabed for clean-tech minerals could destroy ecosystems. Will it get the green light?

A little-known organisation is meeting this week in a conference centre in Jamaica. The rules the International Seabed Authority (ISA) are drafting could have immense impact.

The Conversation

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Life in maars: why it's worth protecting a spectacular fossil site NZ almost lost to commercial mining interests

One of New Zealand’s most exceptional fossil sites may soon be open to scientists again following a land purchase that saved it from commercial mining.

The Conversation

Haryana CM Manohar Lal Khattar says mining has no connection with floods

CM Khattar dismisses claims that mining in rivers caused floods; suggests removing silt from canals to increase water capacity; 35 deaths reported due to rain-related incidents; ₹500 crore estimated loss; 12 districts declared flood-affected.

The Hindu

City-based drone startup deployed in Indonesia to explore critical minerals

Squadrone Infra and Mining deploys drone-based geophysical surveys to prospect and explore nickel, gold, bauxite, coal in Indonesia's Kalimantan and Sulawesi Islands. MagArrow and GPR technologies enable mapping of mineral deposits up to 1,500 m below ground level. This advanced system minimises human intervention and contributes to Net Zero operations…

The Hindu

Incessant rain hampers coal production in open cast mines of SCCL

The Hindu

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India sets sights on home-mined minerals to boost its clean energy plans

Indian officials, including at Wednesday’s Group of Twenty ministerial talks on clean energy, want the country to expand its critical mineral mining operations and make its own clean energy infrastructure from start to finish

The Independent UK

Crypto Mining Firm Marathon Digital Faces Shareholder Lawsuit Over Alleged Breach Of Duties

CEO Fred Thiel and senior executives accused of unjust enrichment and corporate asset waste.

Zenger

Copper’s Value To Soar As Energy Transition Accelerates, Says American Pacific Mining CEO

American Pacific Mining capitalizes on the growing demand for copper with major mining partners backing its high-grade projects.

Zenger

Samsung's First 3nm GAA Chip Found in Cryptominer

China-based MicroBT uses Samsung's 3 nm process technology for the Whatsminer M56S++ mining ASIC.

Tom’s Hardware

‘Lots of Tories won’t vote’: can Labour really take Selby and Ainsty?

Voters in the former mining constituency turned Tory stronghold suggest the Conservatives have their work cut out in the forthcoming byelection

The Guardian - UK

UAE signs deal to develop mines in eastern DR Congo

Agreement reached after DRC signs a 25-year contract with a UAE firm over export rights for artisanally mined ores.

Al Jazeera

It's a journey to the center of the rare earths discovered in Sweden

Sweden says it found the largest deposit in Europe of rare earths — ingredients in a host of technologies from e-vehicles to wind turbines. Mining and processing them is another story.

WEKU

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Barchart

3 Buy Rated Crypto Firms Ready to Soar!

Is now the time to buy into crypto firms? Read on and discover 3 buy-rated companies with huge upside potential!

The Guardian - US

California ghost town disappears again as lake fills after three-year drought

Whiskey Flat, once known for gold mining and wild west movies was covered again by previously drought-stricken Lake Isabella

Miami Herald

A new era for Florida’s phosphates: rare earth minerals for EVs instead of fertilizers

The periodic table you may remember from chemistry class had two additional rows of elements below the main table. In the top added row are rare earth elements, metals critical in everyday technologies like cell phones and flat-screen TVs. Their global demand has skyrocketed for use in renewable energy technologies…

Zenger

Hecla Mining’s Q2 Silver Production Falls 5%; Gold Production Slumps 11%

Casa Berardi mine and lower grades impact Hecla's Q2 production, but Lucky Friday mine sees increase

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LiveScience

Will the drive for EVs destroy Earth's last untouched ecosystem?

In the hunt for minerals needed in electric car batteries, some companies are turning to the deep sea. But mining this ecosystem could threaten its very existence.

The Independent UK

Brazil wants 10-year pause on deep sea mining as UN agency under pressure to draft regulations

Brazil is urging a 10-year precautionary pause on deep sea mining in international waters just days after companies and countries were allowed to start applying for provisional licenses

The Guardian - UK

Victims of Brazil dam disaster accuse mining giant BHP of ‘environmental racism’

Brazilians write to Sunak to urge the UK government to crack down on unethical corporate practices

Zenger

Deep-Sea Mining Test Shows Catastrophic Impact On Marine Life In Just Two Hours

Short mining session leads to significant decline in fish and shrimp populations, raising concerns for future regulations.

The Guardian - UK

Deep-sea mining causes huge decreases in sealife across wide region, says study

Scientists caution against rush to mine the seabed, and say it could be decades before the full impact on marine life is known

The Guardian - AU

Inside Cadia, the NSW goldmine at the centre of an environmental dust-up

Management says the Newcrest-owned mine is now operating in compliance with licence conditions, but residents and experts remain concerned

The Hindu

Action against illegal quarrying will be taken based on spot report: Minister

Govt to ask Mines & Geology Dir. to visit illegal quarrying areas in Yeshwantpur, Bengaluru & submit report to Minister in a week. Govt to take action based on spot report. Private companies indulging in illegal quarrying & not paying royalty. Proposal to regularise by imposing one-time penalty. Drones to…

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