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 rallies Friday, outperforms market
Endeavour Mining PLC EDV shares rose 4.96% to £38.30 Friday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 1.63% to 10,471.72. Endeavour Mining PLC closed 31.85% below…
Federal mines minister backs unions' right to strike at BHP
Madeleine King says workers threatening strike action at Australia's busiest port are 'worth every single cent' of what they earn. Union members said they could shut down operations at Port Hedland for prolonged periods. A tentative meeting between…
XME: Mining Companies Are Stealth Beneficiaries Of Cheaper Oil (NYSEARCA:XME)
I maintain a buy rating on State Street SPDR S&P Metals & Mining ETF due to strong price action and attractive valuation. XME benefits from lower energy costs, a moderate 17.6x P/E, and a compelling sub-1.0 PEG ratio, supporting the bullish case.
Ceour Mining Stock: Still Strong, Despite Gold's Bear Market (NYSE:CDE)
Coeur Mining maintains a buy rating despite a bearish technical setup and gold's decline below its 200-day average. CDE delivered record Q1 revenue and EBITDA, driven by balanced production, higher realized prices, and the accretive New Gold…
Quantum computer quickly mines cryptocurrency while using less energy
A quantum computer is successfully mining cryptocurrency in the first experiment of its kind, while also using a lot less energy, researchers have claimed. Cryptocurrencies overlap with quantum computing in two notable ways. The first is that a…
Lift mine wages to match city rates, sparkies tell BHP
The union threatening to halt BHP iron ore exports has challenged the mining giant to match the wages paid to its members working on government infrastructure projects in the suburbs of Perth. The suggestion that electricians working for BHP at…
The 'clean energy' mine that could put one of America's most pristine wilderness areas at risk
There's no such a thing as a truly pristine landscape — humans have, over millennia, shaped every environment on Earth — but the Boundary Waters wilderness of northeastern Minnesota comes pretty darn close. Stretching across more than…
FedEx Stock: The Canary In The Coal Mine Is Giving Mixed Signals (NYSE:FDX)
FedEx strong performance over the past year has been at odds with certain long-term drivers for the stock. Based on historical relationships the odds of FDX delivering negative returns over the next year are quite high. The seemingly attractive…
Investigations reveal TWO mine shafts at road closure site
A long-term solution to fix a hole in a road caused by a 'significant' underground mine shaft may take time. That's the latest on an issue which led to around 150 residents protesting in Troon, near Camborne, at the end of May. Residents took to…
Guest Column: I answered my country's call. Now I need it to answer mine.
After high school, I wasn't sure what I wanted to do with my life. But after the attacks on Sept. 11, 2001, I was determined to make a difference. I knew I had to serve my country. Military service was my chosen path, and I joined the Army.
How rare earth mining in Myanmar threatens Thailand's rice and fish
CHIANG RAI, Thailand: Thongkham Inprom has been farming for more than six decades, growing jasmine rice and sticky rice in Chiang Rai. The 71-year-old harvests about 60 tonnes each year and keeps 1 per cent for his family. The rest is sent to a…
The Best Semiconductor ETFs: How You Can Mine the AI Gold Rush
A practical way to think about artificial intelligence (AI) investing is to break down the value chain and identify bottlenecks, where demand exceeds available capacity. These imbalances matter because companies controlling the constrained part of…
Scotiabank Reaffirms 'Sector Outperform' Rating for Coeur Mining (NYSE:CDE)
Coeur Mining (NYSE:CDE - Get Free Report)'s stock had its 'sector outperform' rating reaffirmed by stock analysts at Scotiabank in a research note issued on Friday, Benzinga reports. They presently have a $27.50 price target on the basic materials…
Why Students Are Rejecting Silicon Valley's Vision Of The Future
Graduates at a recent University of Arizona commencement loudly boo ex-CEO of Google, Eric Schmidt (Photo by Mario Tama/Getty Images) A curious thing happened at the University of Arizona's commencement ceremony. The speaker was former Google CEO…
China learns to live on less fuel, to the relief of oil markets
Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world's largest importer, needs much less fuel than previously thought. SCROLL TO CONTINUE WITH CONTENT Gasoline sales at Sinopec…
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