Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Endeavour Mining slides Friday, underperforms market
Shares of Endeavour Mining PLC EDV shed 5.35% to £37.36 Friday, on what proved to be an all-around positive trading session for the stock market, with the FTSE 100 Index UKX rising 0.07% to 10,729.78. Endeavour Mining PLC closed 33.52% below…
Sinkholes, scarred land and scapegoats: the scourge of illegal gold mining in Johannesburg
Cora Bailey has been encountering illegal miners ever since she first started treating injured animals in the townships around Roodepoort, west of Johannesburg, in 1991. But as the price of gold has soared, so too has activity in the abandoned mine…
Chile Copper Mines Deliver Worst Quarter in at Least Two Decades
Chile's copper output slumped to its lowest quarterly level in at least two decades as accidents and wild weather compounded operational setbacks and the effects of deteriorating ore quality in the top-producing nation. Production totaled 1.16…
Queensland Land Court approves proposed $1b coal mine
The Queensland Land Court has ruled in favour of one of Australia's largest proposed greenfield coal projects. A coalition of conservation groups tried to stop the proposed $1 billion mine in Queensland's Bowen Basin. The Queensland and federal…
Tanker Carrying 27 Indians Attacked With Limpet Mines In Strait Of Hormuz
Iran has targeted ships for allegedly violating its transit restrictions in Hormuz Summary is AI-generated, newsroom-reviewed A Panama-flagged tanker with 27 Indian crew was hit by limpet mines in the Strait of Hormuz The attack caused a fire in…
UKMTO Reports Devices Attached to Tanker Near Oman as Iran Cites Hormuz Mines
UK Maritime Trade Operations (UKMTO) said devices were attached to a tanker near Oman on Oct. 29, while Iran's Islamic Revolutionary Guard Corps (IRGC) claimed three ships hit mines, amid dispute over Hormuz safety. UKMTO said a small boat placed…
Strait of Hormuz Cleared of Iranian Sea Mines, Commercial Ships Sail Freely: CENTCOM Chief
Washington: The Commander of the United States Central Command (CENTCOM), Admiral Brad Cooper, on Friday (local time) stated that the primary internationally recognised transit routes in the Strait of Hormuz have been successfully cleared of…
The circle of failure: who turns Manchester United's collapse into a gold mine?
Manchester United are no longer merely a football club going through a results crisis or searching for a way back to the winners' podium. They have gradually turned into an open media subject and a vast content factory. Television programmes…
Iran Used Limpet Mine Placed On Ship's Hull In Latest Strait Of Hormuz Attack: Report
A small boat in the Strait of Hormuz approached a tanker and placed two explosive devices on the hull above the waterline, causing a blast that started a fire in the engine room, the United Kingdom Maritime Trade Operations (UKMTO) center reported.
U.S. DFC Signs $565 Million Rare-Earth Mine Loan in Brazil
The U.S. International Development Finance Corporation (DFC) signed an agreement in February for a $565 million loan to SVRE Holdings Ltd. to expand Brazil's Pela Ema mine as Washington seeks to diversify critical-mineral supply chains. In the…
Tanker Hit by Limpet Mines in Strait of Hormuz as New Threat to Shipping Emerges
A tanker transiting the Strait of Hormuz was attacked by a small boat that attached two explosive devices to its hull, triggering an engine room fire and temporarily disabling the vessel, according to a verified report from the United Kingdom…
Tanker in Strait of Hormuz Hit by Limpet Mines, Security Sources Say
Oct 30 (Reuters) – A small boat attached two limpet mines to the hull of a tanker in the Strait of Hormuz causing a fire in its engine room and temporarily disabling the vessel, in the first successful use of such explosives in the waterway…
Agnico Eagle Mines (TSE:AEM) Stock Price Target Lowered at National Bank Financial
Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM had its target price cut by research analysts at National Bank Financial from C$310.00 to C$305.00 in a research note issued to investors on Friday, BayStreet reports. The brokerage currently…
Generation Mining (TSE:GENM) Hits New 52-Week Low - Here's Why
Generation Mining Limited (TSE:GENM - Get Free Report) hit a new 52-week low during trading on Friday. The stock traded as low as C$0.40 and last traded at C$0.40, with a volume of 1,810,228 shares traded. The stock had previously closed at C$0.43.
Coeur Mining (NYSE:CDE) Sets New 52-Week Low - Here's Why
Coeur Mining, Inc. (NYSE:CDE - Get Free Report) shares reached a new 52-week low during trading on Friday. The company traded as low as $13.01 and last traded at $13.1510, with a volume of 1,979,383 shares changing hands. The stock had previously…
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