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The Latest Breaking News from Mining

Stocks That Hit 52-Week Lows On Monday

On Monday, 721 companies achieved new lows for the year.

Benzinga

Russia Gears Up For Crypto Mining Amid Sanctions: Compass Mining To Provide The Hardware

United States cryptocurrency mining firm Compass Mining Inc.

Benzinga

EXCLUSIVE: Blockware Intelligence Publishes Report on Bitcoin: 'Bitcoin is Certainty in an Uncertain World'

What Happened: Blockware Solutions, an industry leader in blockchain infrastructure and cryptocurrency mining, has unveiled its new research from proprietary research arm Blockware Intelligence titled "Bitcoin is Certainty in an Uncertain World."

Benzinga

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Running Bitcoin Miners Out of Town

Trying to sue or zone bitcoin mines out of town is the wrong response to the tradeoffs the industry presents.

Reason

Six dead in Poland's second mining disaster in a week, says PM

The death toll in Poland's second mining disaster in the space of a week rose to six on Monday, Prime Minister Mateusz Morawiecki said, as he promised to investigate safety standards at the pits in question.

Reuters

Europe has a Russian nickel problem

Europe may need Russian nickel to meet its climate goals — activists need Europe to hold Russian mining accountable

Salon

The overlooked town and its traders who are striving to make it a place that people want to visit

There's a perception that Ammanford often plays third fiddle to Carmarthen and Llanelli, but scratch beneath the surface and there's plenty of endeavour

Wales Online

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10 miners missing at 2nd coal mine in Poland after tremor

Coal mining authorities say contact has been lost with 10 miners following an underground tremor and methane gas discharge at a second mine in southern Poland

The Independent UK

TDP leader calls for stringent measures to check illegal mining in Andhra Pradesh

The mafia active in Gudivada Assembly segment has tacit support of ruling party MLA, alleges Varla Ramaiah

The Hindu

Saudi Industrial Activity Witnesses Remarkable Rise

Official data issued by the Saudi authorities revealed a rise in industrial investment in the Kingdom, confirming the successful endeavor to overcome the repercussions of the Covid-19 pandemic. The Ministry of Industry and Mineral Resources announced that 261 industrial facilities started their operations within the Kingdom in March, with an…

Asharq Al-Awsat

Three miners killed in explosion at Russian mine - agencies

Three miners were killed in an explosion at the Gaisky ore mining and processing plant in Russia's Orenburg region, Russian news agencies quoted the regional prosecutor's office as saying on Saturday.

Reuters

Gauhati HC panel report reveals illegal coal mining in Assam from 2003-19

GUWAHATI: Assam government has in an affidavit filed recently before the Gauhati High Court, accepted Justice (Retired) BP Katakey Commission’s report revealing extensive illegal coal mining in the Saleki proposed reserve forest and Tekok open cast during the period 2003-2019 by violating the Biological Diversity Act, 2002.

The Times of India

Poland: More blasts at mine where rescuers seek 7 missing

Mining officials in Poland say new methane explosions in a coal minue have injured 10 rescuers in teams preparing to search for seven people missing since two blasts killed five a day earlier

The Independent UK

Osisko Gold Royalties vs. Centerra: Which Stock is a Better Buy?

The gold market looks bullish given the current geopolitical backdrop and inflationary environment that is reducing money’s purchasing power. So, we think prominent gold mining companies Centerra (CGAU) and Osisko Gold Royalties (OR) might benefit from this backdrop. But which stock is a better buy now? Read on to learn…

StockNews.com

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Reuters

Analysis-Peru's Castillo hardens stance on mining protests as economy stumbles

Peru's leftist President Pedro Castillo has signaled a tougher stance on protests against mining companies that are roiling the Andean nation, the world's second largest copper producer, mobilizing the army in a sharp tactical shift from a previous conciliatory approach.

The Hindu

NGT admits petition over illegal mining

Southern bench of the apex environmental tribunal issues notices to 13 respondents

The Conversation

Diamond mines in the Northwest Territories are not a girl’s best friend

Almost three years ago, the National Inquiry into Missing and Murdered Indigenous Women and Girls (MMIWG) released its final report and among its findings, the report identified resource extraction as a site of gender violence.

Wales Online

Grieving families still waiting for answers more than 10 years after Gleision mining disaster

The families of Charles Breslin, David Powell, Philip Hill and Garry Jenkins have presented a letter to the coroner's office

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Benzinga

Freeport-McMoRan Shares Fall On FY22 Copper Sales Outlook Cut

Freeport-McMoRan Inc (NYSE:FCX) reported first-quarter revenue growth of 36.1% year-over-year to $6.6 billion, beating the consensus of $6.41 billion. Adjusted EPS improved to $1.07 from $0.51 in 1Q21, beating the consensus of $0.94. Average realized prices were $4.66 per pound for copper, $1,920 per ounce for gold, and $19.30 per pound for…

Reuters

Chile constitutional assembly knocks back ambitious environmental proposals

Chile's constitutional convention rejected on Thursday night a set of proposals focused on expanding environmental protections, especially around the major mining sector, a blow to reformers which will push the articles back to committees to be reworked.

Benzinga

MP Materials Begins Construction On Texas Factory; Inks Supply Deal With GM

Mp Materials Corp (NYSE:MP) has signed a definitive supply agreement with General Motor Co (NYSE:GM) to produce alloy and magnets for the automotive giant's EV programs. The financial terms were not disclosed. Under the long-term agreement, MP Materials will supply U.S.-sourced and manufactured rare earth materials, alloy, and finished magnets for the electric motors. MP Materials' Texas…

Benzinga

Crypto Miner BitRiver Sanctioned By US Over Russian Operations: Bloomberg

The U.S. Treasury Department sanctioned crypto mining firm BitRiver, targeting one of the industry’s top data-center service providers over its operations in Russia, Bloomberg reported. The Swiss-based company BitRiver provides Bitcoin miners worldwide with energy sources, mining facilities, and large-scale management solutions, including those in Eastern Europe and Russia. Treasury announced…

Al Jazeera

Women in India’s West Bengal fight upcoming coal mine

Women are leading a movement to resist government efforts to set up a coal mine in Birbhum district of West Bengal.

ABC News

Coalmining regions urged to diversify, with Chinese slowdown in coal consumption 'imminent'

Energy economists are warning coalmining regions to make urgent changes to diversify as China both reduces consumption and opens massive mines of its own.

360info

First in, first served as Moon-mining gains legality

International law was rocked by the introduction of the Artemis Accords, an agreement that allows mining on the Moon in support of scientific missions.

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