Mining Industry News
A collection of Mining latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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Peru mining protests risk clogging $53 bln investment pipeline, industry warns
LIMA, May 17 (Reuters) - Peru, the world's second-largest copper producer, risks losing out on billions of dollars of mining investment if the government fails to defuse protests that are hitting the industry and denting production, analysts and…
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Caterpillar eyes energy transition as growth driver for mining business
DALLAS, May 17 (Reuters) - Construction equipment maker Caterpillar Inc (CAT.N) believes demand for critical minerals as the clean energy transition gathers pace will translate to solid returns for its mining business, CEO Jim Umpleby said in an…
Bitcoin mining - an (un)surprising resurgence? - News & insight - Cambridge Judge Business School
New data on global Bitcoin mining released by the Cambridge Centre for Alternative Finance (CCAF) as part of the Cambridge Digital Assets Programme (CDAP) confirms the growing dominance of the US and reveals a surprising resurgence. New mining map…
Bitcoin Mining Appears to Have Survived Ban in China
China is once again contributing a significant chunk of the world's bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF). From September 2021 to January this year, China's…
China Puts Itself Back on the Bitcoin Mining Map
Little more than half a year ago, China banned crypto transactions and crypto mining. But Bitcoin mining in the country is back with a roar, according to data by the University of Cambridge. The country is once again the second-biggest contributor…
The battery pinch, part I: State of mine
DEEP WITHIN the Salmon-Challis National Forest of central Idaho, the remnants of the Blackbird Mine lie among 830 acres of steep-walled canyons thick with soaring conifers. Dirt roads slash through patches of forest, and a 12-acre open pit, roughly…
China returns as 2nd top Bitcoin mining hub despite the crypto ban
The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged as one of the world's largest Bitcoin (BTC) mining hubs, according to a new report. China became the…
Bitcoin mining stock report: Tuesday, May 17
Bitcoin miners recovered on the stock markets Tuesday, after a rough start to the week. Some of the biggest climbs included Stronghold Digital Mining (+18.01%), Bit Digital (+11.18%), Argo Blockchain (+11.13%). Notably, Iris Energy rose +20.82%. On…
Despite ban, Bitcoin mining continues in China
Sign up for the Fortune Features email list so you don't miss our biggest features, exclusive interviews, and investigations. Last September, China seemed to finally be serious about banning cryptocurrencies, leading miners to flee the country for…
Opponents cry foul as copper mining company begins work in the Santa Rita Mountains
Toronto-based mining company Hudbay Minerals surrendered a key operational permit and started mining operations for its Copper World project on the west slope of the Santa Rita Mountains near Tucson in what opponents say is an unorthodox and…
Cryptocurrency mining is still on the rise despite huge price drops
Cryptocurrency mining continues to consume increasing amounts of computer power, despite a global drop in prices making it a less attractive economic proposition. Miners of currencies such as bitcoin and Ethereum are rewarded with cryptocurrency…
Stronghold Mining Posts Q1 Results Amid Scrutiny of Coal-Fired Mining
Pennsylvania-based Stronghold Digital Mining has reported first-quarter revenues of $28.7 million amid increased scrutiny on resurrecting fossil fuel plants for mining operations. Stronghold, which uses coal refuse to power bitcoin mining…
Massive Underground Mining Operations Active in China, Cambridge Data Reveals
Major Bitcoin mining operations may have persisted underground in China, despite the ban on the practice last year, according to recent data from Cambridge University. About 20% of Bitcoin's total hash rate came from China between last September…
'He has his opinion, I have mine': Tiger Woods on Phil Mickelson controversy
Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice Tiger Woods has outlined the extent of his differences with Phil…
This War of Mine: Final Cut Wants You to Do the Right Thing
As someone who's been fortunate to never have witnessed armed conflict, I doubt even the most lurid depiction — fictional or nonfictional — would rival the feeling of being in actual combat. I lost my shit at seeing a violent car…
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