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The Latest Breaking News from Mining

Tributes flow for Don Reid who saved historic WA mining town of Gwalia

When Don and Donna Reid passed dusty piles of wood and corrugated iron as they arrived in their new town, they quickly realised that what looked like rubbish was a goldmine of artefacts worth preserving.

ABC News

1 Volatile Stock to Avoid During the Next Market Swing

The stock and the crypto markets have been under pressure due to macroeconomic and geopolitical concerns. Crypto mining stock Riot Blockchain (RIOT) has fallen more than 65% year-to-date. With the crypto space expected to remain under pressure in the upcoming months, it could be wise to avoid the stock now.…

StockNews.com

Lula campaign mulls new mining royalties in Brazil, spooking industry

Brazilian presidential frontrunner Luiz Inacio Lula da Silva is considering raising royalties on certain mining projects if elected, a campaign adviser told Reuters, likely affecting iron ore giant Vale SA and other multinationals.

Reuters

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Sustainable outback opal miners take on the metaverse with plans for virtual industry

From living in Sydney and backpacking around Australia, this pair ended up digging for opals in the outback — and they are looking to revolutionise the gem mining industry.

ABC News

EXPLAINER: Ethereum is ditching its 'miners.' Why?

A major software change to the cryptocurrency ethereum holds the potential to dramatically reduce its energy consumption and resulting climate effects

The Independent UK

After South African dam collapse, mine waste to be pumped into historical pit

A South African company is dumping the sludgy byproduct of mining into a historical diamond pit after the tailings dam that had stored the waste partially collapsed, killing one and leaving scores injured.

Reuters

6 Hours Until Ethereum (ETH) Changes Forever: What You Need To Know Before The Merge

The Ethereum (CRYPTO: ETH) 'Merge' is scheduled to take place early Thursday morning (Sept. 15), somewhere between 1:00 AM and 2:00 AM EDT.

Benzinga

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Kenya's Ruto marks shift from Kenyatta on first day in office

Our headlines across the continent: William Ruto spends his first day in charge of Kenya. The new president is putting a focus on climate policies and reversing some of his predecessor's actions. In Burkina Faso, the director of a mining company has been found guilty of manslaughter after eight people…

France 24

Pacific Islands remain divided on deep-sea mining as trial begins to extract precious metals from ocean floor

Pacific countries remain divided as a deep-sea mining company prepares to test a system to extract minerals and metals from the ocean floor.

ABC News

Burst mining dam in South Africa: what must be done to prevent another disaster

Jagersfontien, a small town in the middle of South Africa with over a century of mining history, awoke to a tragic failure of responsibility on 11 September 2022 when torrents of muddy water cascaded over the embankments that were meant to hold it back. The flood killed one person and…

The Conversation

Border visit by Punjab Governor sparks concerns

Soon after Governor Purohit’s visit, Punjab’s Leader of the Opposition Partap Singh Bajwa hit out at the AAP government, blaming it for adopting laxity to check illegal mining in the border areas.

The Hindu

Burkina Faso court finds Trevali execs guilty of involuntary manslaughter

A court in Burkina Faso has found two executives of Canadian mining firm Trevali guilty of involuntary manslaughter following a mine flood disaster in April that killed eight miners, the company's country manager said on Wednesday.

Reuters

Eureka! Why AMC-Backed Hycroft Mining Is Soaring Tuesday

Gold and silver exploration company Hycroft Mining Holding Corporation (NASDAQ: HYMC) announced drill results from its 2022-2023 exploration program Tuesday. Here is what the company said and comments from a leading investor in the company.

Benzinga

Striking mural of The Queen appears on town high street

Local legend Steve 'Jenks' Jenkins has unveiled his latest masterpiece - and it's a poignant portrayal of Her Majesty

Wales Online

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The Times of India

Punjab: Despite ban and ‘strict vigil’, illegal mining in river Ravi continues unabated

DHARAMKOT (GURDASPUR): Like a scene straight out of a Bollywood flick, the Border Security Force (BSF) nabbed an illegal miner following a hot pursuit but not before their vehicle being smashed by the offenders. The security personnel in the region are flummoxed at the activities of illegal miners despite a…

The Guardian - AU

Russian aluminium giant cut out of Queensland operation to abide by sanctions, Rio Tinto says

Mining company alleges arrangement with Rusal subsidiary would have benefited Putin allies Oleg Deripaska and Viktor Vekselberg

The Independent UK

Endangered status sought for snail near Nevada lithium mine

Conservationists are seeking Endangered Species Act protection for a tiny Nevada snail half the size of a pea that is known to exist only in high-desert springs around a huge lithium mine planned near the Oregon state line

ABC News

Exploration for fluorspar mine near Tasmania's Lake Gairdner putting residents on edge

Preparations for a potential fluorspar mine at Moina in north-west Tasmania are worrying residents, who say their way of life and the area's environment is under threat — despite acknowledging a growing need for a mineral used in electric vehicle batteries.

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Benzinga

4 Precious Metals Stocks As Possible Inflation Hedges

Even though the Inflation Reduction Act of 2022 is in effect, markets can have a way of determining whether the plan works or not. Not that it’s expected, but if the oil and natural gas markets become even more volatile than they are — with Russia and Europe at odds…

Reuters

Three workers die in Peruvian mine owned by Sierra Metals

Three miners died at a small underground mine in Peru owned by Sierra Metals Inc, the company said in a securities filing on Monday, adding it had also suspended mining operations pending an investigation.

The Times of India

Punjab governor lays stress on being more vigilant to thwart cross border attempts

AMRITSAR: Stating that Punjab being a border state was very important from the point of view of security, governor Banwari Lal Purohit said: “We need to be more vigilant to thwart any attempts towards disrupting peace and tranquility of Punjab and the country."

The Times of India

Industrial production growth slows to four-month low of 2.4% in July

NEW DELHI: India's industrial production growth decelerated to a four-month low of 2.4 per cent in July, mainly due to poor showing by manufacturing, power and mining sectors, according to official data released on Monday.

Reuters

Venezuela pushes out small gold miners as Maduro seeks more revenue

In Venezuela's El Callao mining region, countless small, artisanal miners that once sold gold to the government have left the area in the last year because accessible local supplies are depleted and President Nicolas Maduro has been striking deals with bigger miners, seeking more production and more revenue for the…

Input

Crypto mining expends more energy than the entire country of Australia

A new report from the White House Office of Science and Technology Policy outlines the environmental toll of generating crypto assets.

The Times of India

Rajasthan minister Hemaram Chaudhary questions his own govt over 'theft in gravel mining'

JAIPUR: Cabinet minister in the Ashok Gehlot government in Rajasthan, Hemaram Chaudhary on Monday questioned his own government over the issue of sand mining and warned of "standing with the public if theft in mining is not stopped".

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