Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bitcoin Hits 20 Million Mined Milestone, Leaving Only 1 Million Coins Left: Mining Industry - 'The Defiant'
Bitcoin has surpassed 20 million coins mined—over 95% of its 21 million total supply—but most current miners may not survive to see the final 1 million coins extracted by 2140. Bitcoin has crossed a historic threshold: 20 million of…
Uber ex-CEO Kalanick rebrands latest venture Atoms, expands into mining and transport
Travis Kalanick has transformed City Storage Systems, the parent of CloudKitchens, to Atoms, adding a new focus on robotics. Kalanick made the announcement on the 'TBPN' podcast, sharing that the company has been operating in stealth for eight…
China Owns Canada's Only Antimony Mine And Shuttered It In Critical Minerals Power Play
Submitted by The Bureau's Sam Cooper (emphasis our own), In the rugged interior of Newfoundland, an hour's drive west from the Canadian Forces Base in Gander, sits a dormant mine with profound implications for the nation's security and prosperity.
Keeping Strait of Hormuz safe from deadly Iran drones, mines could take months - with high-tech help
Reopening the Strait of Hormuz could take months and require underwater robots, laser-equipped helicopters, and elite Navy divers, according to experts and a newly updated congressional report. The threat of Iranian drones and mines have brought…
Mining rush for critical minerals threatens Amazon land reform settlements
A survey of mining records found dozens of requests for copper, manganese and nickel targeting land reform settlements in northern Brazil's Carajás region in the last five years. The rush for critical minerals is creating potential…
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VanEck Vectors GDX ETF: Investment Insights and Volatility
The VanEck Vectors Gold Miners ETF (GDX) includes a variety of publicly traded gold mining companies. Gold is often considered a hedge against inflation due to its inverse relationship with the U.S. dollar. Investing in gold miners can offer risk…
JSW Steel starts work on Mozambique coking coal mine
JSW Steel has started work on its coking coal mining project Minas de Revuboè (MdR) at the Moatize coal basin in Mozambique. MdR has 850 million tonne of reserves and the potential to yield 250 mt of usable coking coal. In the first phase…
DICK YARBROUGH: Leading Okefenokee mining opponent takes issue with county commissioner's rationale
Last week, Charlton County commissioner Drew Jones used this space to defend the actions of Toledo Manufacturing in the Okefenokee mining controversy. Comm. Jones, who also runs Toledo's day-to-day operations, says Toledo has gotten a bad rap from…
NexMetals Mining (NASDAQ:NEXM) Posts Earnings Results
NexMetals Mining (NASDAQ:NEXM - Get Free Report) posted its quarterly earnings data on Friday. The company reported ($0.22) EPS for the quarter, Zacks reports. Shares of NexMetals Mining stock traded down $0.20 on Friday, hitting $2.93. 51,059…
Barrick Mining Corporation $B Shares Sold by Regal Investment Advisors LLC
Regal Investment Advisors LLC lessened its holdings in shares of Barrick Mining Corporation (NYSE:B - Free Report) TSE: ABX by 24.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange…
Midnight Sun Mining (CVE:MMA) Shares Down 2.8% - What's Next?
Midnight Sun Mining Corp. (CVE:MMA - Get Free Report)'s share price dropped 2.8% during trading on Friday. The stock traded as low as C$1.17 and last traded at C$1.20. Approximately 519,944 shares were traded during mid-day trading, a decline of 0%…
Foran Mining (TSE:FOM) Trading Down 4% - Time to Sell?
Foran Mining Corp. (TSE:FOM - Get Free Report)'s stock price was down 4% on Friday. The stock traded as low as C$5.71 and last traded at C$5.76. Approximately 1,827,235 shares traded hands during mid-day trading, a decline of 33% from the average…
Alpha Wave Global LP Sells 1,022,410 Shares of Denison Mine Corp $DNN
Alpha Wave Global LP reduced its position in shares of Denison Mine Corp (NYSEAMERICAN:DNN - Free Report) TSE: DML by 55.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
Towarzystwo Funduszy Inwestycyjnych PZU SA Has $2.13 Million Holdings in Barrick Mining Corporation $B
Towarzystwo Funduszy Inwestycyjnych PZU SA decreased its position in Barrick Mining Corporation (NYSE:B - Free Report) TSE: ABX by 53.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 64,689 shares of the…
Fortuna Mining (NYSE:FSM) Upgraded by Wall Street Zen to Buy Rating
Fortuna Mining (NYSE:FSM - Get Free Report) TSE: FVI was upgraded by investment analysts at Wall Street Zen from a 'hold' rating to a 'buy' rating in a research note issued to investors on Saturday. Did You Miss the Gold Rush? Try These 2 Silver…
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