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The Latest Breaking News from Mining

Tapping mineral wealth in mining waste could offset damage from new green economy mines

To go green, the world will need vast quantities of critical minerals such as manganese, lithium, cobalt and rare earth elements. But to some environmentalists, mining to save the planet is a hard pill to swallow if it leads to damage to pristine areas.

The Conversation

Andhra Pradesh: Naidu writes to Chief Secretary over illegal mining

It is being done in collusion with mining and Revenue officials, he alleges

The Hindu

Coal mining company New Hope Group says it's ready for controversial mine expansion, opponents say obstacles remain

A lobby group will ramp up the fight in response to New Hope Group's claims its mine expansion in Queensland's Darling Downs is ready for the "green light".

ABC News

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LNP focus on health in Qld by-election

LNP candidate for Callide, Bryson Head, is campaigning on health capacity problems in the by-election in the Queensland coal mining seat.

AAP

‘I’m so angry, I’m wild’: the never-ending wait to clean up asbestos town Wittenoom

The WA government has announced former asbestos mining town of Wittenoom officially closed. But will it get cleaned up? For one man, time is running out

The Guardian - AU

Restoration debate: Conservation or destruction

Conservationists are up in arms against a project launched by the government to desilt rivers to control floods, which have become an annual phenomenon since 2018, alleging that it has led to unscrupulous sand-mining. While the government maintains transparency in works, conservationists are unconvinced

The Hindu

What coltan mining in the DRC costs people and the environment

The Democratic Republic of Congo (DRC) is rich in natural resources – its untapped deposits of minerals are estimated to be worth US$24 trillion. Gold, diamonds, cobalt and zinc are among them.

The Conversation

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Hargreaves Services 'on the up' after successful move away from coal legacy, says CEO

Speaking to Business Live, CEO Gordon Banham said he was cautiously optimistic for the plc which has converted its steel and mining know-how into a diverse group of businesses

Birmingham Post

Two more miners found dead in flooded Burkina Faso mine

The dead bodies of two more missing miners have been found at a zinc mine owned by Trevali Mining Corp in Burkina Faso that flooded last month, the government said on Saturday.

Reuters

Northumberland museum hosts new display to celebrate pit ponies

The Work, Rest and Play exhibition explores three stages of the hard working animals' lives

Chronicle Live

Jharkhand CM Hemant Soren gets more time to appear before EC in mining lease case

Earlier, Mr. Soren was asked to appear before the Election Commission either in person or through his counsel on May 31

The Hindu

RFHRF: Renforth Resources Continues to Advance Surimeau, an early stage polymetallic (Ni-Cu-Co-Zn) project; progress is being reported steadily on a monthly basis.

By Steven Ralston, CFA OTC:RFHRF READ THE FULL RFHRF RESEARCH REPORT

Benzinga

Son of mining mafia Haji Iqbal wanted in Rs 10,000 crore fraud held

MEERUT: Special Investigation Team (SIT) of Saharanpur police on Friday arrested Mohammad Javed, absconding son of mining mafia and former Bahujan Samaj Party (BSP) MLC Haji Iqbal alias Balla. Notably, several cases have been registered against Iqbal’s family in land fraud and other charges.

The Times of India

Australian mining contractor under investigation after eight workers die in Burkina Faso zinc mine disaster

A Perth-based mining contractor under scrutiny for two employee fatalities in Australia is now at the centre of an international investigation after eight workers die in a West African mine disaster.

ABC News

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Benzinga

BIT Mining Clocks 40% Sequential Revenue Decline In Q1

BIT Mining Ltd (NYSE:BTCM) reported a first-quarter FY22 revenue decline of 40.4% Q/Q to $296.7 million. BTCM reported a sharp increase of $294.1 million from $2.6 million in revenue in 1Q21. Revenues during 1Q22 primarily consisted of $272.3 million in revenue contribution from the mining pool business. The online total hash rate capacity…

Reuters

G7 countries say strict environmental rules needed for deep-sea mining

The Group of Seven countries on Friday agreed stringent environmental controls should govern deep-sea mining and that they would consent to such mining projects only if they did not seriously harm the marine environment.

The Times of India

Haryana: Deputy commissioner forms 2 teams to check illegal mining in Panchkula

PANCHKULA: Deputy commissioner (DC), Panchkula formed two special teams comprising administration, police, forest and RTA officials to conduct surprise inspections at all four official mining sites and compile a report on illegal mining, if any. A report has to be submitted in the DC office in a week.

ABC News

Burbanks gold mine gets new lease on life amid Coolgardie renaissance and WA's latest boom

Coolgardie is enjoying a renaissance and returning to old workings last mined before World War I amid a new WA gold boom, nearly 130 years after it was discovered at the historic location.

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ABC News

Central Queensland's LNP voters wait and watch new Labor government's policies on coal

Liberal National Party voters in central Queensland coal country are worried about the impacts of a Labor government on their livelihoods.

Newsroom.co.nz

Mining company ready to rev on 'blue highway'

The new coastal shipping network excites those with skin in the game, carting goods from isolated locations like the West Coast.

Reuters

Afghanistan's Taliban step up coal exports to boost local budget

The Afghan Taliban are stepping up coal exports to Pakistan and have raised duties on sales, officials said, as the group aims to generate more revenue from its mining sector in the absence of direct foreign funding.

Input

Tesla's Megapacks are ready to power Block's sustainable bitcoin rig

Block, Blockstream, and Tesla are teaming up to experiment with the world's first truly carbon-neutral cryptocurrency-mining facility.

Benzinga

Nvidia Says 'Nominal' Crypto Mining Chip Sales Behind 52% Decline In 'OEM And Other' Revenue

Chip manufacturer NVIDIA Corporation (NASDAQ: NVDA) attributed its 52% decline in "OEM and Other" market platform revenue to a decline in Cryptocurrency Mining Processor (CMP) sales.

Reuters

Australia's Fortescue pursues quantum leap in green hydrogen quest

Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Australian mining giant's ambition to become the world's top green energy group.

Benzinga

Why Investors Shouldn't Worry About NVIDIA's Underwhelming Quarter

Shares of NVIDIA Corporation (NASDAQ: NVDA) are sliding after hours after the company’s EPS came in lower than Street estimates and underwhelming guidance. The company also cited weakness in demand for chips for cryptocurrency mining.

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