Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Epstein files reveal Peter Mandelson supported campaign to undermine then-Australian PM Kevin Rudd's mining super profits tax
A former UK Labour minister supported a campaign to undermine the Rudd Labor government's proposed mining super profits tax in Australia, a document published in the latest tranche of the Epstein files reveals. Lord Peter Mandelson, once one of…
Youth unemployment: The canary in the coal mine
Unemployment has remained stubbornly high in Canada, made worse by the consequences of Donald Trump's tariffs and the lingering effects of high interest rates. As always, young people bear the heaviest burden of a weakening labour market. They are…
Chemical and materials giant cutting jobs at Georgia mining facilities
On top of the Georgia cuts, Chemours is also temporarily idling a mine in northeast Florida that's just across the border from the Peach State. That mine is on a portion of Trail Ridge, a line of ancient, inland sand dunes that runs from North…
Eldorado Gold to Buy Foran for $2.8 Billion in Latest Mine Deal Amid Metals Frenzy
Eldorado Gold Corp. agreed to buy copper-focused Foran Mining Corp. for C$3.8 billion ($2.8 billion), the latest industry tie-up as miners seek to ramp up metals production after a massive price rally over the past year. Eldorado, which owns mines…
'Under pressure': UK politician sent Epstein details of Australian mining tax
London: A former British cabinet minister sent Jeffrey Epstein private documents about an Australian “super profits” tax on global mining companies at the height of a 2010 political fight over the ambitious scheme to raise $9 billion…
Tether Launches MiningOS, An Open-Source Bitcoin Mining Platform
Stablecoin issuer Tether has released its open-source Bitcoin mining software, describing it as a means to simplify and scale Bitcoin mining while promoting further decentralization in the sector. In a post on X on Monday, Tether announced the…
This Mining Stock Was Up 300% in 2025 -- Here's What It Could Mean for Future Dividends
Investors were very upbeat about Hecla Mining (HL 4.31%) last year, sending the shares higher by 290% in 2025. That's not surprising given the company's focus on precious metals, which rallied strongly last year amid increased geopolitical and…
Russia crypto mining pioneer Igor Runets put under house arrest on tax charges
Igor Runets, who founded Russia's largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade…
Democrats slam Trump administration's 'buying spree' involving Nevada mine
The federal government's decision to directly buy stakes in mining companies is largely without precedent in American history, and two mines with Nevada ties have been among the biggest beneficiaries. But now, three high-ranking Democrats in…
Regis revives $1b gold mine made 'unviable' by Plibersek intervention
A $1 billion gold project near Bathurst deemed unviable after the intervention of then-environment minister Tanya Plibersek is back on the table with Regis Resources proposing a new design for the development that it hopes will solve Indigenous…
Eldorado Gold to buy Foran Mining in $2.8B deal to expand copper holdings (EGO:NYSE)
Eldorado Gold (EGO) -2.1% pre-market Monday after saying it agreed to acquire Foran Mining (FMCXF) in a deal valuing the Canadian copper-focused developer at ~C$3.8B (US$2.8B) including debt, increasing its exposure to copper. Under the deal terms…
Missouri lawmaker backs off plan to slash money for cleaning up old coal mines
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Greenland's 'green mining' row highlights the key tensions in the energy transition
Green finance is built on a promise: that capital can be redirected to support the transition to a low-carbon economy while avoiding the environmental mistakes of the past. That promise is getting harder to keep. The technologies needed for…
Trump administration to create a strategic reserve for rare earths elements
WASHINGTON -- The Trump administration plans to deploy nearly $12 billion to create a strategic reserve of rare earth elements, a stockpile that could counter China's ability to use its dominance of these hard to process metals as leverage in trade…
Letters to the Editor: Town Belt, mining, local services
Today's Letters to the Editor from readers cover topics including the Town Belt trial, mining and loss of local services lamented. I had held a forlorn hope that the recently elected Dunedin City Council were going to show more restraint and more…
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