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The Latest Breaking News from Mining

Burkina Faso investigates mine flood as rescue efforts continue

Prime Minister Albert Ouedraogo says the managers of the Canada-based mining company have been banned from travelling.

Al Jazeera

Will Coal Stock, Peabody Energy, Keep Outperforming the Market in 2022?

Coal mining company Peabody Energy (BTU) saw its shares shoot up year-to-date, driven by skyrocketing coal prices amid the Russia-Ukraine conflict and many nations planning to ban coal imports from Russia. Given that the demand for coal continues to rise due to surging electricity consumption and a natural gas shortage,…

StockNews.com

Arica review – gripping tale of Chileans fighting back against a mining giant

This documentary covers the struggle for environmental justice as 800 local residents take a Swedish company to court

The Guardian - UK

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Mining union uses May Day focus to launch new report on 'stolen wages' in Hunter coal

Real difference between Labor and Liberal in workplace relations

Newcastle Herald

Hunter mining communities $250 million a year worse off because of lower casual mineworker wages

Union movement pushing casual wage rates onto the election agenda

Newcastle Herald

Biden order to boost mining may not have quick payoff

President Joe Biden is turning to a Cold War-era law to boost production of lithium and other minerals used to power electric vehicles

The Independent UK

Red and dead: Streams of acid leach from old Hunter mines

Salinity from Upper Hunter mines will trump acid drainage issues, expert.

Newcastle Herald

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Wipro Shares Drop Post Q4; Misses Consensus

Wipro Limited (NYSE:WIT) reported fourth-quarter FY22 gross revenue of $2.75 billion, an increase of 28.4% Y/Y, which missed the consensus of $2.8 billion. IT Services revenue grew 26.4% Y/Y (3.1% Q/Q) to $2.7 billion. Non-GAAP constant currency IT Services segment revenue grew 28.5% Y/Y. IT Services Operating Margin for the quarter was at…

Benzinga

FinTwit Focus: How Creek Road Mining Takes A Green Approach To Cryptocurrency Mining

Creek Road Miners Inc (OTCMKTS: CRKR), a sponsor of the upcoming FinTwit Conference hosted by Benzinga in partnership with Lupton Capital, has devised a novel method of mining bitcoin for a fr

Benzinga

Landslide Kills 12 Women at Illegal Gold Mine in Indonesia

Rescuers retrieved a dozen bodies of women buried under tons of mud from a landslide that crashed onto an unauthorized gold mining operation on Indonesia’s Sumatra island, police said Friday. About 14 women were looking for gold grains Thursday in a pit roughly 2 meters (6.5 feet) deep at a…

Asharq Al-Awsat

‘Deep-sea gold rush’ for rare metals could cause irreversible harm

Mining companies are planning to profit from the new industry, but environmental campaigners warn of disastrous consequences

The Guardian - UK

Stocks That Hit 52-Week Lows On Thursday

During Thursday, 849 stocks hit new 52-week lows.

Benzinga

Mining mafia flourishing in Haryana, says Bhupinder Hooda

Government running away from fair investigation into the issue, he says

The Hindu

Midlothian Council Election 2022: Dalkeith work from home policy sparks mixed feelings in home of council HQ

The use of toxic weedkiller has been also a hot topic in Dalkeith ward with volunteers in Danderhall creating their own gardening group to take over public space and reclaiming their mining heritage at the same time

Edinburgh Live

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Newcastle Herald

Greens say Hunter needs identity shift away from coal

The Greens say the major parties are sending mixed messages about the Hunter's future in green manufacturing.

Benzinga

Ford CEO Jim Farley Seeks 'Smart Deals' With Mining Industry Amid Soaring Metal Prices

Ford Motor Co (NYSE: F) has called on the mining industry to work together on “smart deals” that will help offset rising commodity prices amid the legacy automaker’s push towards electrification.

Tribune News Service

Crypto miners’ electricity use in Texas would equal another Houston

The Texas grid operator expects crypto miners to increase electricity demand by up to 6 gigawatts by mid-2023, more than enough to power every home in Houston.

Benzinga

Earnings Preview: Buenaventura Mining Co

Buenaventura Mining Co (NYSE:BVN) is set to give its latest quarterly earnings report on Thursday, 2022-04-28. Here's what investors need to know before the announcement. Analysts estimate that Buenaventura Mining Co will report an earnings per share (EPS) of $0.34.

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Reuters

Brazil indigenous agency monitoring reported rape of Yanomami by miners

The Brazilian government's indigenous affairs agency Funai said on Wednesday that it is looking into a report that a Yanomami teenager died after she was abducted and raped by illegal gold miners on her reservation.

The Times of India

Andhra Pradesh: NGT orders probe into illegal mining at Kuppam, asks chief secretary to submit a report

TIRUPATI: The national green tribunal (NGT) has ordered the Chittoor district collector to take stringent steps to prevent illegal mining at Kuppam assembly constituency.

Birmingham Post

David Wilson Homes helps honour memory of 35 miners who died in 1898 Whitwick Mining Disaster

Some 42 men were working in Number 5 Pit at Whitwick Colliery, when an underground fire broke out

Benzinga

New York State May Impose A 2-Year Moratorium On 'Dirty' Crypto Mining

Bitcoin (CRYPTO: BTC) mining that utilizes fossil fuels may not see much growth in the state of New York over the next few years, considering that the state assembly passed a bill to block new crypto mining facilities using non-renewable energy sources.

The Guardian - UK

Keli review – music, mining and a maelstrom of emotions in brass band drama

Working-class history and a young woman’s story combine in this audio drama from the Royal Lyceum, Edinburgh

Tribune News Service

Just 46 days in office, Chile’s leftist leader runs into trouble

Hailed as the face of a new Latin American left, Chile President Gabriel Boric was not only elected in a landslide, he embraced a constitutional rewrite to turn his nation from a neoliberal mining power into a model of humane green development.

Benzinga

What does the Bitcoin Mining Council's report mean for crypto going forward?

Bitcoin (CRYPTO: BTC) surges above $40k and looks bullish on the daily time frame, as a bullish divergence on the RSI indicator has been confirmed.

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