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The Latest Breaking News from Mining

House flippers are gentrifying neighborhoods with crypto mining now

A home in West Philadelphia that comes with its Ethereum mining device recently sold for $237,000 – well above the neighborhood's average price.

Input

Australia can help ensure the biggest mine in PNG's history won't leave a toxic legacy

The COVID pandemic slowed mining operations across the Pacific. But as economic activity returns, an Australia-based company is poised to pursue what would be the largest mine in Papua New Guinea’s history.

The Conversation

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways: Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise…

Benzinga

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Saudi Minister of Industry: We Have Identified 50 Mining Sites to Offer to Investors

Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef said that the Kingdom has identified 50 sites that are believed to contain minerals in commercial quantities.

Asharq Al-Awsat

At least 100 miners trapped after tunnel 'attack', weeks since 14 died in gunfight

At least 100 workers are trapped at a gold mine in southern Peru after it is claimed that a two-kilometre mineshaft was deliberately set on fire. Earlier this month 14 miners were killed in a shooting

Daily Mirror

Government greenlights potash mine

The cabinet on Tuesday gave the Asia Pacific Potash Corporation (APPC), a wholly owned subsidiary of Italian-Thai Development Plc, permission to embark on a 36-billion-baht potash mining project in Udon Thani.

Bangkok Post

US-Based Exploration & Development Company Ivanhoe Electric Prices Big US IPO

Ivanhoe Electric Inc has priced its initial public offering at $11.75 a share, raising $169.1 million. The company’s mining billionaire Robert Friedland sold about 14.4-million shares at the bottom of its previously guided IPO price range of $11.75 to $12.50. The underwriters have an option to purchase an additional 2.16-million shares. According to…

Benzinga

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Mining company reveals results of Kirkcudbrightshire surveys

Walkabout Resources says assay results from Blackcraig indicate “high grade” deposits requiring further exploration

Daily Record

Leocor Gold Commences Drill Program on the Baie Verte Project, NW Newfoundland

Vancouver, British Columbia – TheNewswire - June 23, 2022 - Leocor Gold Inc. (the "Company" or "Leocor") (CSE:LECR), ((; (Frankfurt:LGO) is pleased to announce it has completed mobilization of a Rotary Air Blast ("RAB") drill and initiated drilling on the Company's Baie Verte project located near Anaconda Mining's Pine Cove…

Benzinga

Amaravati: High-level panel to look into woes of mining leaseholders

AMARAVATI: In an attempt to boost revenue from mining leases, the state government has decided to bring all quarries into operation.

The Times of India

Plans to extend mine near Singleton until 2050 forging ahead

Yancoal and Glencore say their joint venture, Hunter Valley Operations near Singleton, is good for another 400 million tonnes of coal.

Newcastle Herald

Why SSR Mining Shares Are Falling Today

SSR Mining Inc (NASDAQ: SSRM) shares are trading lower Monday after the company said it experienced a minor cyanide leak at one of its mines.

Benzinga

Anti-protest laws briefing sessions for miners, forestry ahead of Tasmanian Upper House debate

A mining representative sat through and rebutted briefings to Tasmanian politicians provided by environmental and civil groups, but when it came time for them to hold a briefing, it was closed to everyone else.

ABC News

'Not worth the risk': Pacific leaders call for deep-sea mining moratorium

Concerned about the potential impacts of deep-sea mining on ocean biodiversity, the Pacific islands of Palau and Fiji on Monday launched an "alliance" to call for a moratorium of the nascent industry.

Reuters

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Input

Should I buy a used GPU? 7 questions to ask yourself to decide.

Desperate crypto miners are flooding the market with used GPUs. With prices plummeting, they're tempting to buy. But are they worth it? What are the pros and cons?

The Hindu

Chhattisgarh: Won't budge till all coal mine projects withdrawn, say protesters on 111th day of stir

In October last year, villagers from the region had marched from Surguja to capital Raipur, covering over 300 kms on foot, to register a protest against the proposed coal mines.

Newcastle Herald

Hunter council leaders 'confident' after ministerial meeting

Representatives from Singleton, Muswellbrook, Cessnock and Lake Macquarie councils were part of a roundtable meeting with federal MP Kristy McBain last week.

The Times of India

Chandigarh: Report on sand mining after budget

CHANDIGARH: Punjab mines and geology minister Harjot Singh Bains said in the Vidhan Sabha on Saturday that he will present a detailed report on illegal sand mining after Monday’s state budget and lay a roadmap for generating revenue and preventing this mineral robbery.

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Chronicle Live

Art exhibition celebrates history of the Durham Miners' Gala

The exhibition at Bishop Auckland's Mining Art Gallery celebrates the Gala before its run after two years of cancellation

The Hindu

Crisis in salt sector hits 5 lakh people in Gujarat

While farmers suffer due to a lack of minimum support price, workers are also in distress for want of a proper system for wages and social security

Chronicle Live

Home of Newcastle's Mining Institute celebrates its 150th anniversary

Once a hub of North East innovation and recently restored, the Mining Institute in Newcastle is celebrating its 150th anniversary

Asharq Al-Awsat

Saudi Investment Opportunities in Vaccines, Vital Medicines Worth $3.4 Bn

Saudi Arabia announced substantial investment opportunities in vaccines and medicines worth $3.4 billion, aiming to realize the Kingdom's goals of achieving pharmaceutical and health security and making Saudi Arabia an important center for this promising industry. Minister of Industry and Mineral Resources Bandar al-Khorayef explained that the ministry is keen…

ABC News

Culture of fear stops women reporting sexual assault, harassment on West Australian mine sites

Insiders say a culture of fear, silence and repression allowed inexcusable behaviour to be "swept under the rug" in the mining industry, and those factors are continuing to prevent women speaking out.

The Guardian - AU

Adani drops $600m claim against Queensland activist and seeks $17m instead

Mining giant claims Ben Pennings sought to disrupt operations of the Carmichael coalmine, its suppliers and contractors

Radio France Internationale

S2,EP21: Nigeria's okada ban, Sudan's mental health, & child gold mining in Zimbabwe

This week, Africa Calling podcast brings you audio-rich stories and voices from the African continent with our African correspondents. In Lagos, the okada ban is giving commuters and taxi drivers a major headache; Sudan's youth are on the streets for the revolution but it's taking a toll on their mental…

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