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The Latest Breaking News from Mining

European Shares Reach Record High On Energy And Mining Boost

European shares reach record high driven by energy and mining sectors, reflecting positive market sentiment and economic recovery.

Top News

1 Cheap Gold Mining Stock to Scoop Up Now

New Gold is an intermediate gold mining stock that trades at a cheap valuation in 2024. Here's why NGD stock still looks like a bargain, even as it rallies above Wall Street's mean price target.

Barchart

Their batteries hurt the environment, but EVs still beat gas cars. Here's why

NPR listeners wrote to ask whether the environmental harm from building EVs "cancels out" the cars' climate benefits. Experts say the answer is clear.

WEKU

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No fresh mining leases, renewals in Aravallis, Supreme Court orders

Supreme Court halts new mining leases in Aravalli hills, orders uniform definition to protect environment and livelihoods.

The Hindu

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

Gina Rinehart, One Nation and the Greens all oppose Glencore’s plan to store CO2 in the Great Artesian Basin – why?

The mining company insists the storage hub is safe but many are unconvinced about injecting carbon dioxide into a major Australian water resource

The Guardian - AU

2 Mining Stocks to Scoop Up for Passive Income and Growth

As global demand for nuclear energy and infrastructure skyrockets, here are two mining stocks well-positioned to ride the wave.

Barchart

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Illegal sand mining case | SC seeks report as T.N., ED quarrel over whether District Collectors gave agency requisite documents

The Bench directed the ED to file a compliance report, detailing the documents sought from the Collectors in the summons and what among these records were allegedly not produced by them.

The Hindu

Illegal sand mining, murder in Madhya Pradesh | Houses of two accused demolished; tractor owner held

Authorities in Shahdol, Madhya Pradesh demolished houses and arrested individuals involved in a fatal incident with a tractor-trolley.

The Hindu

Eshwar Khandre accuses Bhagwant Khuba of concealing information about penalty imposed on him for illegal mining

Congress leader accuses BJP candidate of hiding ₹25.28 crore fine for excess mining in Kalaburagi, alleging favoritism in contracts.

The Hindu

Police officer in M.P. run over by tractor; properties of accused razed

Madhya Pradesh Police ASI crushed to death stopping illegal sand mining; driver arrested, owner on the run.

The Hindu

UN panel seeks to stem mining abuses in global rush for critical minerals

As the world rushes to exploit the “critical minerals” needed for the transition to green energy, a UN-led panel has been tasked with putting together guidelines to ensure that their extraction and exploitation is fair, transparent and environmentally friendly.

Radio France Internationale

Samsung Tapes Out Its First 3nm Smartphone SoC, Gets A Boost From Synopsys AI-Enabled Tools

This week Samsung Electronics and Synopsys announced that Samsung has taped out its first mobile system-on-chip on Samsung Foundry's 3nm gate-all-around (GAA) process technology. The announcement, coming from electronic design automation Synopsys, further notes that Samsung used the Synopsys.ai EDA suite to place-n-route the layout and verify design of the…

AnandTech

Former Newcastle mining township of Minmi a place of secrets

As urban sprawl draws closer to Minmi, Mike Scanlon uncovers the village's hidden gems

Newcastle Herald

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The Hindu

Mining lease: Mathew Kuzhalnadan, MLA, adduces more “evidence”

Thiruvananthapuram Congress legislator accuses Chief Minister of favoring mining company, seeks court-monitored inquiry, court hearing on May 6.

The Guardian - UK

Mining industry braces for multi-billion pound Anglo American bidding war

Glencore understood to be considering takeover offer while BHP could move again after initial rejection

The Hindu

SC allows CBI to continue probe in Sahibganj illegal mining case, but bars it from filing chargesheet

The Supreme Court on May 3 allowed CBI investigation into allegations of illegal mining in Sahibganj district of Jharkhand by Pankaj Mishra, a “close associate” of former Chief Minister Hemant Soren, and others to continue.

International Business Times

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

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The Hindu

Illegal mining in the Aravalli range must stop, says SC

Supreme Court demands halt to illegal mining in Aravalli Range, Rajasthan to protect environment and heritage.

Barchart

2 Gold Mining Stocks to Buy While They’re Cheap

With inflation still hot and uncertainty looming over the timing of Fed rate cuts, here are two dividend-paying gold mining stocks to consider while they are cheap.

Barchart

Why Suitors Are Desperately Seeking Anglo American Stock

Producers all want to increase copper output to take advantage of rising demand in EVs, grid infrastructure and data centers - but that bullishness isn’t translating into the huge investments needed to develop new mines. Thus, the start of a bidding war for Anglo American.

The Hindu

Old scars of illegal mining are overlaid with fresh political tussles here

Ballari Lok Sabha constituency witnesses tough fight between Sriramulu and Tukaram, with sympathy card being played by Sriramulu.

AAP

At the coalface: traditional owners demand protection

Traditional owners are pursuing a legal challenge involving Adani's Carmichael mine, seeking to force the Queensland government to protect a sacred site.

AnandTech

Samsung Foundry Update: 2nm Unveil in June, Second-Gen SF3 3nm Hits Production This Year

As part of Samsung's Q1 earnings announcement, the company has outlined some of its foundry unit's key plans for the rest of the year. The company has confirmed that it remains on track to meeting its goal of starting mass production of chips on its SF3 (3 nm-class, 2nd Generation)…

International Business Times

Coal Miner Utilizes Excess Power For Bitcoin Mining, Now Holds 425 BTC

An Oklahoma-based coal miner started mining Bitcoin in the second half of 2020 as a "pilot project," and now it holds 425 BTC – mined from the company's "excess" energy.

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