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The Latest Breaking News from Mining

Landslide triggered by torrential rain kills 11 people at illegal gold mine in Indonesia; 19 missing

A landslide triggered by torrential rains has crashed onto an unauthorized gold mining operation on Indonesia’s Sulawesi island, killing at least 11 people

The Independent UK

Energy and mining lead Australian stocks lower

The ASX200 fell 0.76 per cent during trading, with the energy and mining sectors the leading decliners on a drop in oil and iron prices.

AAP

Senegal sets out to secure fairer partnerships in mining sector

Senegal's recently elected president, Bassirou Dioumaye Faye, has promised to renegotiate mining, gas and oil contracts signed with foreign companies. At a top-level summit in Paris this week, his mining minister set out how the new government plans to break away from old practices and alliances.

Radio France Internationale

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‘We do the job just as well as men’: Ukrainian women take on coal mining

Women are moving into traditionally male jobs as the call-up of men to the war drives labour shortages

The Guardian - UK

Six Chinese nationals mining for gold killed in Congo militia attack

Beijing says several Chinese citizens missing after attack

The Independent UK

The State Of Bitcoin Mining – Miners Still 'Writhing In Pain' Months After Halving

It's been more than two months since the Bitcoin halving, but some miners are still struggling to stay afloat, especially as $BTC prices have been on a downtrend in recent weeks – how are miners these days?

International Business Times

1 Gold Mining Stock That's Winning Over Analysts

Ahead of the next leg higher in the gold price rally, here’s a gold mining stock with increasingly optimistic ratings from Wall Street experts.

Barchart

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Australian shares rally as dollar hits six-month high

The ASX200 has risen 1.2 per cent to hit a nine-day high while the Australian dollar rose above 67 US cents for the first time since January.

AAP

1 Bitcoin Mining Stock That's Branching Out Post-Halving

Marathon Digital is a crypto mining company that is diversifying its revenue base by mining other digital assets, such as Kaspa.

Barchart

Embattled Bitfarms Mines 189 Bitcoin In June Amid Ensuing Riot Platforms Clash

Bitfarms continues to operate as usual even with Riot Platforms' earlier attempts at a hostile takeover – it mined 189 Bitcoins during the BTC price downturn season and has been expanding operations.

International Business Times

Fast-track: Muswellbrook pumped hydro declared 'state significant project'

The old mining void will be crucial to energy security.

Newcastle Herald

Is This Copper Mining Stock a Buy for Its Fat Dividend?

Southern Copper has a higher dividend yield compared to other copper mining companies. However, its valuations are also on the higher side, making a closer examination of the risk-reward necessary for prospective investors.

Barchart

Governor-general hosts flood victims in first meeting

Governor-General Sam Mostyn has vowed to visit as many Australian communities as possible to listen to locals and deliver their messages back to those in power.

AAP

Hunter mine two-year extension approved one day after it was due to shut

The mines approval lapsed on June 30.

Newcastle Herald

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Newcastle Herald

HVO proposal sets out supportive path through transition

Anti-mining activists' disruption hindering net-zero progress says Hunter Valley Operations' boss

AAP

Quebec's electric avenue lures Australian mining talent

Aussies can bring expertise to Canada's critical minerals industry as it forges an electric avenue to battery manufacturers and car makers, the government says.

Tom’s Hardware

Nvidia-backed AI cloud provider increases use of cryptocurrency mining facilities — CoreWeave expands contract as miners pivot to AI

CoreWeave has already expanded a relatively new contract for data center capacity to meet accelerating demand for its AI cloud services.

International Business Times UK

Man Travels To Australia With Only $400 And Leaves $123K Richer Thanks To FIFO Jobs

With an array of career options available, Australia has become a hot spot for 'Fly In Fly Out' workers.

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Barchart

Should You Buy This Stock Before Copper Gets Red-Hot Again?

Copper prices are in a correction zone after peaking in May. Freeport-McMoRan is one mining stock that stands to benefit from a recovery in copper prices.

AAP

Australian shares finish financial year up 7.8 per cent

The ASX200's early gains on Friday faded in the afternoon, but it still finished June and 2023/24 in the green.

StockNews.com

3 Gold Mining Stocks to Hedge Against Inflation

In an era where global economic uncertainty is the only certainty, investing in gold mining stocks emerges as a smart, defensive strategy. Hence, investors could consider buying these quality gold mining stocks: Barrick Gold Corp. (GOLD), Harmony Gold Mining (HMY), and Kinross Gold Corp. (KGC) for stable returns. Read on….

International Business Times

'Bitcoin Country' El Salvador's Students Now Learning About Mining ASICs

El Salvador continues to educate its people about Bitcoin, and students are now on a higher level of learning as they are being taught about ASICs – critical components of the crypto mining industry.

International Business Times

'Dead City': Russia Swoops On Ukraine's Once-calm Toretsk

Compared to others in war-scarred east Ukraine, Galyna Poroshyna had been lucky to live in Toretsk, a mining town nestled in a relatively sleepy sector of the front line.

The Conversation

Shell didn’t consult communities properly about mining the Wild Coast – but how much legal protection do South Africans have?

South Africa’s Supreme Court of Appeal recently dismissed an appeal by Shell, Impact Africa and the Department of Mineral Resources and Energy to overturn a High Court judgment that halted a seismic survey off the country’s pristine Wild Coast. The High Court found that the right to carry out a…

The Conversation

NZ’s government wants to kick-start a mining boom – but they’re unlikely to hit paydirt

Minister of Resources and of Regional Development Shane Jones has been busy boosting the prospects of an expanded mining and oil industry in Aotearoa New Zealand. A new mining policy is “long overdue”, he has said, and will counter the country’s “excessive levels of environmental protection”.

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