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miner

Bitcoin miner Core Scientific gets court approval for restructuring

January 16, 2024January 16, 2024
Bitcoin miner core scientific gets court approval for restructuring - photo licensed by shore news network.

By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Tuesday approved Core Scientific’s Chapter 11 restructuring, allowing the bitcoin mining company to …

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Crypto miner Core Scientific expects to emerge from bankruptcy in January

December 21, 2023
Crypto miner core scientific expects to emerge from bankruptcy in january - photo licensed by shore news network.

(Reuters) -Cryptocurrency miner Core Scientific said on Thursday it was expecting to emerge from bankruptcy in mid-to-late January, a year after it became a casualty …

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Australian copper miner Sandfire says damaged Aboriginal cultural heritage

November 30, 2023

By Melanie Burton MELBOURNE (Reuters) -Global miner Sandfire said on Thursday it had damaged Aboriginal cultural heritage at a copper mine in Western Australia, and …

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Miner First Quantum faces rocky road as Panama protesters dig in

November 2, 2023
Miner first quantum faces rocky road as panama protesters dig in - photo licensed by shore news network.

By Valentine Hilaire and Divya Rajagopal (Reuters) -Battered Canadian mining company First Quantum Minerals is bracing for a rocky road ahead as Panama moves to …

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Rare-earths miner Lynas jumps as Malaysia allows key plant extension

October 25, 2023October 24, 2023
Rare-earths miner lynas jumps as malaysia allows key plant extension - photo licensed by shore news network.

By Rishav Chatterjee (Reuters) – Shares of Lynas Rare Earths hit their highest in over a month on Wednesday, extending gains, after Malaysia allowed the …

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Chilean miner Codelco gets access to books of Australia’s Lithium Power

September 27, 2023
Chilean miner codelco gets access to books of australia's lithium power - photo licensed by shore news network.

(Reuters) – Codelco will undertake due diligence on Australia’s Lithium Power International, the Chilean copper miner said on Thursday, but added that there is no …

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France’s Eramet to resume manganese mining in Gabon after halt over coup

August 30, 2023

By Sybille de La Hamaide and Dominique Vidalon PARIS (Reuters) -French miner Eramet, which on Wednesday suffered heavy stockmarket losses after it suspended operations in …

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Chile’s state miner launches subsidiaries to manage lithium takeover plan

May 19, 2023
Chile's state miner launches subsidiaries to manage lithium takeover plan - photo licensed by shore news network.

SANTIAGO (Reuters) – Chilean state miner Codelco, the world’s largest copper producer, said on Friday it had created two subsidiaries to run a newly mandated …

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Chile miner Codelco and BHP sign sustainable mining agreement

May 9, 2023
Chile miner codelco and bhp sign sustainable mining agreement - photo licensed by shore news network.

SANTIAGO (Reuters) – Chile state-owned miner Codelco and multinational miner BHP Group signed a knowledge-sharing agreement on sustainable mining, Codelco said in a statement on …

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Lithium miner Liontown soars as it snubs $3.7 billion Albemarle bid

March 27, 2023
Lithium miner liontown soars as it snubs $3. 7 billion albemarle bid - photo licensed by shore news network.

By Melanie Burton and Harish Sridharan MELBOURNE (Reuters) -Australia’s Liontown Resources said it had knocked back an approach from the world’s biggest lithium producer Albemarle …

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Lithium miner SQM’s profit more than triples on EV demand

March 2, 2023
Lithium miner sqm's profit more than triples on ev demand - photo licensed by shore news network.

(Reuters) -Chile’s SQM, the world’s second-largest lithium producer, on Thursday posted fourth-quarter net profit more than triple that of a year earlier, just beating estimates …

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Panama president says final contract to miner First Quantum has been presented

January 2, 2023
Panama president says final contract to miner first quantum has been presented - photo licensed by shore news network.

PANAMA CITY (Reuters) – Panama’s president, Laurentino Cortizo, said on Monday the government has presented Canadian miner First Quantum Minerals a final contract to regulate …

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Canadian miner First Quantum starts arbitration against Panama, says government

December 24, 2022
Canadian miner first quantum starts arbitration against panama, says government - photo licensed by shore news network.

By Valentine Hilaire PANAMA CITY (Reuters) -Canada-based miner First Quantum Minerals Ltd and its subsidiary Minera Panama started arbitration processes against Panama, the country’s ministry …

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Miner BHP accused of delaying $6 billion-plus Brazil dam case

December 13, 2022
Miner bhp accused of delaying $6 billion-plus brazil dam case - photo licensed by shore news network.

By Sam Tobin LONDON (Reuters) – Global mining giant BHP Group was on Tuesday accused of trying to “forever put off” the question of liability …

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In Peru’s hills, an artisanal miner boom frustrates Big Copper’s plans

December 1, 2022
In peru's hills, an artisanal miner boom frustrates big copper's plans - photo licensed by shore news network.

By Marco Aquino and Marcelo Rochabrun TAPAIRIHUA, Peru (Reuters) – In the hills of Tapairihua in Peru’s Andes, Samuel Retamozo and other artisanal miners have …

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Man Pleads Guilty To Defrauding Customers Who Bought Cryptocurrency-Mining Computers And Miner Hosting Services

November 29, 2022
Man pleads guilty to defrauding customers who bought cryptocurrency-mining computers and miner hosting services - photo licensed by shore news network.

Damian Williams, the United States Attorney for the Southern District of New York, announced that CHET STOJANOVICH, a/k/a “Chester J. Stojanovich,” pled guilty today to …

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Miner BHP warns of inflation risks in 2023, says China demand to stabilize

November 1, 2022November 1, 2022
Miner bhp warns of inflation risks in 2023, says china demand to stabilize - photo licensed by shore news network.

By Praveen Menon SYDNEY (Reuters) – BHP Group Ltd, the world’s biggest miner by market value, said on Wednesday that inflationary pressures would remain a …

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Vale CEO says iron ore miner will spin-off copper, nickel unit

October 21, 2022October 21, 2022
Vale ceo says iron ore miner will spin-off copper, nickel unit - photo licensed by shore news network.

LONDON (Reuters) – The chief executive of Vale SA said on Friday the Brazilian iron ore miner is reconsidering a near-term spin-off of its base …

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Miner BHP wants to expand presence in Peru, says executive

September 27, 2022September 27, 2022
Miner bhp wants to expand presence in peru, says executive - photo licensed by shore news network.

LIMA (Reuters) – Global miner BHP wants to expand its presence in Peru through exploration of new projects, Rag Udd, who heads the company in …

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Analysis-Lithium experts skeptical on success of Mexico’s state-run miner

August 26, 2022
Analysis-lithium experts skeptical on success of mexico's state-run miner - photo licensed by shore news network.

By Sarah Morland and Noe Torres MEXICO CITY (Reuters) – Mexican officials hope a newly created state-run lithium company will catapult the country to the …

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Australian miner European Lithium to supply battery-grade lithium to BMW

August 4, 2022
Australian miner european lithium to supply battery-grade lithium to bmw - photo licensed by shore news network.

(Reuters) – Australia’s European Lithium Ltd said on Friday it has signed an agreement with German automobile maker BMW AG to supply battery-grade lithium hydroxide, …

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Consider mediation, London judge tells Kazakh miner ENRC, Dechert and Fraud Office

August 4, 2022
Consider mediation, london judge tells kazakh miner enrc, dechert and fraud office - photo licensed by shore news network.

By Kirstin Ridley LONDON – A London judge has told Kazakh mining company ENRC, its former legal adviser Dechert and the UK Serious Fraud Office …

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Miner Fortescue says it won’t shy away from countries with troubled human rights

June 14, 2022
Miner fortescue says it won’t shy away from countries with troubled human rights - photo licensed by shore news network.

NEW YORK – Andrew Forrest, the chairman and founder of Australian miner Fortescue Metals, said on Tuesday he does not believe his company should shy …

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S.Africa’s Gold Fields to become fourth biggest gold miner with Yamana deal

May 31, 2022

By Nelson Banya (Reuters) -South Africa’s Gold Fields Ltd’s is set to become one of the four biggest gold miners in the world after agreeing …

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Gold miner Polymetal delays projects amid sanctions pressure on Russia

April 25, 2022
Gold miner polymetal delays projects amid sanctions pressure on russia - photo licensed by shore news network.

(Reuters) – Polymetal has decided to postpone several projects amid Western sanctions on Russia after the gold and silver miner reported a 4% year-on-year increase …

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Gold miner Newmont posts fall in first-quarter profit

April 22, 2022
Gold miner newmont posts fall in first-quarter profit - photo licensed by shore news network.

(Reuters) -Newmont Corp on Friday posted a fall in first-quarter profit, as the world’s biggest gold miner was hurt by lower gold sales volumes. Miners …

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New U.S. sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver

April 21, 2022
New u. S. Sanctions imposed for russian bank, oligarchs, crypto miner bitriver - photo licensed by shore news network.

By Daphne Psaledakis and David Brunnstrom WASHINGTON -The United States on Wednesday imposed sanctions on dozens of people and entities, including a Russian commercial bank …

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Brazilian miner Samarco creditors reject debt restructuring proposal

April 18, 2022
Brazilian miner samarco creditors reject debt restructuring proposal - photo licensed by shore news network.

SAO PAULO – Creditors of Brazilian miner Samarco Mineracao SA, a joint venture of Vale SA and BHP Billiton Ltd, on Monday rejected the debt …

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