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The Latest Breaking News from Mining

Celsius Expected To Reach Negative Liquidity By October

Beleaguered crypto lending platform Celsius (CRYPTO: CEL) is projected to reach negative liquidity of around $34 million by October this year, according to the company’s latest Chapter 11 documents.

Benzinga

In northern Chile, miners ask government to curb crime, robberies

The mining industry in Chile, the world's largest copper producer, on Tuesday called on the government to take action to stop an "escalation of crime" that has hit operations in the country's far north.

Reuters

Man charged with indecent assault over alleged incident involving WA journalist at Diggers and Dealers

A man who allegedly assaulted a female journalist in Kalgoorlie following the Diggers and Dealers Mining Forum is charged by police.

ABC News

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Earnings Scheduled For August 16, 2022

Companies Reporting Before The Bell • Stronghold Digital Mining (NASDAQ:SDIG) is projected to report earnings for its second quarter.

Benzinga

About 50kg of nickel goes into each Tesla battery but the world isn't producing enough to keep up with demand

Nickel is a critical metal in batteries, and the world's miners are struggling to keep up with booming demand as consumers switch to renewables.

ABC News

Andhra Pradesh: HRF seeks cancellation of public hearing on two proposals to mine quartzite

‘Mining has devastated the environment and affected the livelihood and health of local residents’

The Hindu

Human Rights Forum demands cancelling of public hearing to mine quartzite in Anakapalli district

VISAKHAPATNAM: The Human Rights Forum (HRF) demanded that the environmental public hearing for two proposals to mine quartzite, scheduled to be held on August 18 at Dalivalasa and Gavarapalem villages under K Kotapadu mandal of Anakapalli district, be cancelled forthwith. All permissions accorded for mining quartzite to the two project…

The Times of India

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13 gold mines may be sold this month

The government plans to put on the block 13 gold mines in the states of Andhra Pradesh and Uttar Pradesh in the ongoing month amid its efforts to give a boost to the mining sector's contribution to the country's gross domestic product. Read more on Dynamite News:

Dynamite News

Saudi Arabia, South Africa to Discuss Agreements on Technologies, Green Economy, Hydrogen

A senior South African diplomat said that negotiations were underway to sign cooperation agreements with Saudi Arabia that would cover various sectors, including agriculture, industry, green economy, climate and technology. In an interview with Asharq Al-Awsat, South Africa’s ambassador to the Kingdom, Mogobo David Magabe, said that his country was…

Asharq Al-Awsat

A battle for Ukraine’s mineral and energy wealth

After nearly six months of fighting, Moscow’s invasion has yielded at least one big reward write Anthony Faiola and Dalton Bennett

The Independent UK

How is crypto mined and why is it bad for the environment? Ethereum Merge is announced as complete

The update promises to slash the emissions of the world’s second-biggest blockchain by 99%, but Bitcoin is unlikely to follow

Evening Standard

South Africa lawmakers demand crackdown on illegal mining

South African lawmakers on Thursday urged the government to accelerate the closure of abandoned mines in the country, which attract illegal miners, some of whom have been arrested for an alleged gang rape.

Reuters

How to invest in gold

Especially when stock markets are volatile, investors may consider an alternative asset class to diversify their portfolio. Gold could be one such asset, being seen as a safe haven during times of economic turbulence as well as a hedge against high inflation.

Evening Standard

Hunger strike staged against mineral sand-mining

‘Mining at Thottappally in blatant violation of law’

The Hindu

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ABC News

Diggers and Dealers organisers distance event from alleged groping of Kalgoorlie journalist

The company at the centre of an alleged sexual assault has distanced itself from a Goldfields mining event that saw 23-year-old journalist Amber Lilley allegedly groped.

AAP

Feds urge Qld to open up more gas fields

The federal government is calling for more Queensland gas fields to open up, as mining magnate Gina Rinehart partners with a steel giant to invest $1 billion.

ABC News

NT government abandons plan to include mining industry in new environmental laws

Environmentalists and traditional owners have condemned the Northern Territory government’s decision to abandon plans to include all mining activities in proposed accountability laws.

The Hindu

HC sets aside I-T Dept.’s demand of tax to the tune of ₹2,682.16 crore from SRS Mining

It directs the Assessing Officer to reconsider the issue and pass fresh assessment orders for the years 2014-15 to 2017-18

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The Hindu

Mining scares Oliver Ridley turtles away

Fewer turtle landings for laying eggs spotted along the coastline of late

The Conversation

With solar and wind energy potential, Indonesia can meet its new capital’s clean energy target

On February 15 2022, President Joko “Jokowi” Widodo signed and promulgated a new law that establishes the new capital city of Indonesia, referred to as “Nusantara”, between Balikpapan and Samarinda in East Kalimantan province.

The Guardian - AU

It’s time to tax mining and energy giants properly. Struggling Australians should share in their record profits

The fact that an energy exporter like Australia is having a tough time when the prices of our energy exports are sky high shows just how broken our political debate has become.

Birmingham Post

Cornwall mining industry playing 'big part' in A30 upgrade

The road is expected to be open to traffic in the winter of 2023

The Hindu

Entire Cuddalore district is declared a mine-affected area: Union Minister

Declaration made considering adverse impact of mining of lignite and other minerals by NLCIL, Prahlad Joshi informs Rajya Sabha

The Hindu

Illegal mining ban being firmly implemented in Haryana, CM

We have zero tolerance policy, there is no mining mafia in State: Manohar Lal

ABC News

Kalgoorlie journalist Amber Lilley allegedly groped at a bar after Diggers and Dealers Forum

The Goldfields' largest newspaper says reform in the mining industry is needed after its 23-year-old deputy editor was allegedly groped at a bar after this year's Diggers and Dealers Mining Forum.

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