Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Barrick Mining Corp. stock falls Friday, underperforms market
Shares of Barrick Mining Corp. ABX slipped 1.33% to C$53.36 Friday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.52% to 35,788.18. Barrick Mining Corp. closed…
Coeur Mining: The Cost Trick Every Silver Investor Should Understand (NYSE:CDE)
Coeur's reported silver cost at Palmarejo is $27.69/oz. Credit the gold from the same rock, and it falls to about $6. The gold side has its own distortion: $834 of the $2,442 gold cost per oz was a non-cash charge from the New Gold deal. The mines…
Export push seeks to breathe new life into Korea's hollowed-out mining towns
Deep in the rugged, forested mountains of Gangwon Province, the hollowed-out shafts of abandoned anthracite mines stand as quiet monuments to Korea's industrial birth. During their mid-20th-century heyday, these bustling towns fueled the nation's…
A Botnet Used Poetry To Mine Crypto From Over 3,000 Servers - Here's How
You can file this next bit of news under a creative but uniquely sophisticated category of software engineering. Black Lotus Labs security researchers have discovered a new botnet, powering a rather insidious malware campaign, called PoeLLM. Like…
The forgotten North London chalk mines that once almost swallowed a school
When thinking of mining, we usually picture workers coated in coal dust toiling away in the Welsh valleys or the abandoned tin mines on Cornish hillsides. However, London does actually have its own remarkable mining network - and many Londoners…
Iran Warns US Against Entering Persian Gulf as IRGC Claims 2 Supertankers Hit Naval Mines near Hormuz
Tehran: Amid escalating tensions between Tehran and Washington, Iran on Saturday warned that it will never allow US military vessels to enter the Persian Gulf, as the Islamic Revolutionary Guard Corps (IRGC) Navy claimed that two supertankers…
Three dead and five injured after Turkey coal mine gas explosion
An explosion at a Turkish coal mine has left three dead and five injured. The blast, believed to be caused by a build-up of methane gas, happened at the privately-owned mine in the Kimli district of Zonguldak at around 10pm local time. Authorities…
Oxford museum to host immersive techno and mining experience
MECHANIMAL, an award-winning creative company, is staging its immersive Megalith installation and live performance in collaboration with the museum's current exhibition, 34: The Critical Raw Materials Shaping Our Future. Blending performance…
Agnico Eagle Mines (TSE:AEM) Stock Gets Downgrade from Freedom Broker
Agnico Eagle Mines (TSE:AEM - Get Free Report) NYSE: AEM was downgraded by Freedom Broker from a 'strong-buy' rating to a 'hold' rating in a research note issued to investors on Thursday, Zacks reports. 3 Contrarian 'Buy the Dip' Picks—and…
Iran warns US Navy will never enter Persian Gulf again, claims 2 supertankers hit mines
Amid escalating tensions between Tehran and Washington, Iran on Saturday warned that it will never allow US military vessels to enter the Persian Gulf, as the Islamic Revolutionary Guard Corps [IRGC] Navy claimed that two supertankers carrying more…
Hudbay, Mitsubishi Approve $2.07B Arizona Copper Mine Construction
Initial construction calls for an open-pit mine, a concentrator capable of processing 60,000 tons of ore per day and related infrastructure. Hudbay says the amount reflects project spending during the 36 months before commercial production…
Promising Mining Stocks To Add to Your Watchlist - October 24th
Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again? Caterpillar, IREN, Newmont, Freeport-McMoRan, and Coeur Mining are the five Mining stocks to watch today, according to MarketBeat's stock screener tool. Mining stocks are…
Harmony Gold Mining (NYSE:HMY) Upgraded at Wall Street Zen
Harmony Gold Mining (NYSE:HMY - Get Free Report) was upgraded by Wall Street Zen from a 'hold' rating to a 'buy' rating in a research note issued on Saturday, Wall Street Zen reports. 3 High-Momentum Gold Stocks Surging on the Metals Rally A number…
NBT Bank N.A. Makes New Investment in Agnico Eagle Mines Limited $AEM
NBT Bank N.A. acquired a new stake in shares of Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm…
Atalaya Mining (LON:ATYM) Stock Crosses Below Fifty Day Moving Average - Here's Why
Atalaya Mining Plc (LON:ATYM - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 1,005.18 and traded as low as GBX 797.50. Atalaya Mining shares last traded…
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