Mining Industry News
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Green investing rules threaten mining companies
Simplistic green investing rules risk punishing miners, knocking British savers and slowing the global energy transition, experts have warned. Enjoy unlimited access to all articles Get unlimited access for free for your first month Cancel anytime…
Elon Musk wants Bitcoin, but not its carbon footprint. Can Bitcoin mining go green?
Bitcoin's incredible power consumption has become a matter of popular concern this year, most recently because of an errant tweet from Tesla CEO Elon Musk—whose musings on cryptocurrency are watched closely by crypto-enthusiasts. On…
McGowan drive stems FIFO mine workers
Sunday marked one year since the WA Premier called for interstate-based fly-in fly-out workers to relocate permanently to the west as part of the state's COVID-19 response. The mining giants have stepped up with generous relocation packages for…
Filipinos told to take action vs global warming as nation swelters
MANILA - Manila Bishop Broderick Pabillo on Sunday urged Filipinos to care for the environment as the country experienced a sweltering summer and climate disasters, according to him, are exacerbated by mining activities. Pope Francis had designated…
Will the U.S. Mine for Rare Earth and Exotic Minerals?
A conservative estimate of the cost of a transition to “clean energy” is $1.7 trillion needed for mining of copper, cobalt, lithium and other rare earth and exotic metals and minerals. This transition will supposedly fuel electric…
Opinion | Drag Commodity Traders Out of the Shadows
In the final days of Donald Trump's presidency, all eyes in Washington were on the unprecedented second impeachment of a sitting president following the riots on Capitol Hill. No one noticed when, on Jan. 15, the Treasury quietly eased sanctions on…
Flared natural gas latest prize in bitcoin miners' energy quest
WASHINGTON: As the value of bitcoin soars and concerns rise about the energy-intensive process needed to obtain it, cryptocurrency entrepreneurs in the United States believe they have found a solution in flared natural gas. Profitably creating, or…
KKR Is Said to Near $3 Billion-Deal to Buy Consultancy ERM
Buyout firm set to beat out rivals in formal bidding process ERM Group is owned by Canadian funds Omers and Aimco KKR & Co is nearing a deal to acquire ERM Group Inc. from its Canadian owners in a deal that potentially values the sustainability…
Crypto and blockchain must accept they have a problem, then lead in sustainability
Image Credits: Chonticha Vatpongpee / EyeEm / Getty Images As the price of bitcoin hits record highs and cryptocurrencies become increasingly mainstream, the industry's expanding carbon footprint becomes harder to ignore. Just last week, Elon Musk…
Shivi OS : Mine Forever
How are you all doing? Hope you are doing great. Well, I am back with another interesting story, Shivi OS: Mine Forever. Hope you find it amazing. But before this I would like to inform you that the dialogues are written in Hindi as well as in…
NSW Labor seeks mining fund overhaul
NSW Labor says it will overhaul a state government program to redirect resource royalties back to mining communities, ensuring those regions receive at least $100 million per year from the scheme. With NSW's Upper Hunter by-election less than a…
Colorado's coal country searches for 'the next thing' to keep communities afloat
Maintenance workers come in and out of Paonia High School as the building is preparing to close its high school grades in Paonia on Friday May 7, 2021. High schoolers shuttle desks and whiteboards down a hallway lined with used algebra textbooks at…
Mining sector to play a critical role in global economic recovery -
India, China, and Australia are topping the charts with vast mining industries. Especially, the mining sector of Australia has become a major exporter of natural resources, with coal mining leading the way. The sector is likely to witness further…
'ESG' Provokes Laughter and Nightmares as Funds Tap New Markets
There's a growing number of money managers in green finance turning to markets not usually associated with sustainability. Fund bosses in Europe's North, where climate-friendly investing has gone mainstream, have started looking much further afield…
Polymetal bets on Russia carbon tax
Polymetal is betting that Moscow will introduce a carbon tax as the London-listed Russian gold miner pushes to reduce its emissions. The FTSE 100 group plans to invest $850m on a programme to cut emissions 30 per cent against 2019 levels by 2030.
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