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The Latest Breaking News from Mining

Almost $4 billion in bitcoin miner loans are coming under stress

The prolonged slump in Bitcoin is making it more difficult for some miners to repay the up to $4 billion in loans they have backed by their equipment, posing a potential risk to major crypto lenders.

Tribune News Service

Women in western Australia’s mining industry face rampant sexual harassment, parliament inquiry hears

Women were stalked, abused and asked for sexual favours, inquiry finds

The Independent UK

Electricity used to mine bitcoin plummets as crypto crisis widens

Consumption down by third since 11 June, with even sharper falls among other cryptocurrency networks

The Guardian - UK

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'Very happy' dogs rescued from 12-metre mine shaft in Coober Pedy

Volunteers from South Australia's State Emergency Service adapt their equipment to rescue two dogs found down an opal mining shaft in the state's outback.

ABC News

Australia's sex discrimination commissioner calls for urgent change in mining sector

Australia's sex discrimination commissioner has called for urgent changes in the country's mining industry after a state government report found that sexual harassment and assault were rife in the sector.

Reuters

Nigeria's latest lithium find: some key questions answered

High-grade lithium has been discovered in Nigeria. In 2019 the total production volume of lithium, not high grade, in Nigeria reached 50 metric tons This is small compared to Zimbabwe which produced 1,200 metric tons the same year. The Conversation Africa’s Wale Fatade asked geologist Ibrahim Garba for his insights.

The Conversation

Qld delays mine emissions cuts until 2027

The Queensland government won't make coal and gas companies start cutting fugitive emissions from their existing mining projects until 2027.

AAP

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New Acland Coal Mine agreement with Qld government a result of bullying, lawyer says

An environmental lawyer says the Qld government succumbed to "bullying" by failing to prosecute over alleged illegal mining activity in the state's south, as the company involved awaits approvals for its third stage expansion.

ABC News

Women's safety up to miners: WA premier

Western Australia's premier says mining companies must take primary responsibility for addressing the safety of women working on their sites.

AAP

Long-awaited federal study finds threat to Boundary Waters from hardrock mining

Hardrock mining on public land in northern Minnesota risks contaminating the Boundary Waters Canoe Area Wilderness, even with measures designed to head off those problems, a long-awaited federal study says.

Tribune News Service

Dendrobium coal mine extension opposed by WaterNSW over Sydney drinking water concerns

WaterNSW has opposed a proposal to extend a coal mine under the Sydney water catchment claiming it could damage one of the largest dams in the region.

ABC News

Punjab: Mohali mining department has failed to identify illegal sites

MOHALI: Groups of villagers from Majri, Mubarikpur, Mullanpur, Kharar and Derabassi have alleged that there were 42 illegal mining sites and crushers that have not caught the attention of the authorities.

The Times of India

Feds issue draft assessment that could doom Minnesota mine

The U.S. Forest Service has issued a draft environmental assessment to lay the foundation for a proposed 20-year moratorium on copper-nickel mining upstream from the Boundary Waters Canoe Area Wilderness

The Independent UK

Newcastle council and state in stand-off over Stockton beach fix

Council labels push for it to apply for offshore sand-mining licence as 'cost shifting'.

Newcastle Herald

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The Guardian - AU

‘Pandora’s box’: experts say Queensland’s windfall from coal royalties could set a precedent

Industry and analysts predict budget measure could provide billions in additional revenue

Input

DARPA pokes yet another hole in blockchain’s ‘decentralization’ claim

In an effort to better understand the risks associated with blockchain technology, DARPA partnered with Trail of Bits to dive deeper into Crypto's promises.

Benzinga

Bitcoin Mining Difficulty Drops 2.35% As BTC Price Plunges

The mining difficulty for Bitcoin (CRYPTO: BTC) has fallen 2.35% alongside the Bitcoin hash rate, which dropped to 288 EH/S earlier. What Happened: On June 22, Bitcoin’s mining difficulty dropped 2.35% at 741,888 block height.

Benzinga

Why Bitcoin-, Ethereum- And Litecoin-Related Stock BIT Mining Is Down Over 40% Today

BIT Mining Ltd - ADR (NYSE: BTCM) shares are trading lower by 41.18% to $0.70 after the company announced a $16 million registered direct offering.

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Newcastle Herald

'More than a mining town': Singleton's plan to re-shape its identity

"Even through we have well over fifty per cent of our population employed in an industry related to mining, we don't believe in the stigma of being a mining town."

The Hindu

AP power utilities to buy 500 to 1,500 MW power from external sources till October

The Southwest monsoon is likely to disrupt coal mining and transportation across the country, hence the preparedness

Bangkok Post

‘Horrific’ sexual abuses uncovered in Australia mining probe

A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women workers at companies including BHP Group and Rio Tinto Group.

ABC News

The Loop: An Australian quantum computing breakthrough, a mining industry sexual assault report, and which dog won Westminster's Best in Show

Get up to speed on today's headlines with The Loop.

Reuters

Factbox: Australia's inquiry into sexual harassment in mining

An Australian state government inquiry into abuse in the mineral-rich west has found the mining industry perpetuated a culture that led to women being subject to frequent sexual harassment and sexual assault.

Asharq Al-Awsat

Saudi Arabia, UK Discuss Strengthening Collaboration in Industrial and Mining Sectors

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef has met in London with Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng, the Saudi Press Agency reported. Attended by a number of industry and mining leaders, the meeting comes as part of the Minister’s visit to…

AAP

Tolga Kumova admits US$4.8b error

Melbourne rich lister Tolga Kumova told a court that he accidentally inflated the resource value at a mining firm he was a director at by US$4.8 billion.

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