Bitcoin mining struggles to go green, research shows
By Tom Wilson LONDON (Reuters) – Bitcoin is struggling to go green, with the cryptocurrency making only slim gains in its usage of sustainable energy in the year to January,…
By Tom Wilson LONDON (Reuters) – Bitcoin is struggling to go green, with the cryptocurrency making only slim gains in its usage of sustainable energy in the year to January,…
BOGOTA (Reuters) – Colombia’s government agreed on Monday to modify a tax reform proposal under debate in congress and continue to allow oil and mining companies to deduct royalty payments…
By Rafaella Barros RIO DE JANEIRO (Reuters) – Brazilian presidential frontrunner Luiz Inacio Lula da Silva is considering raising royalties on certain mining projects if elected, a campaign adviser told…
White House Labels Cryptocurrency Mining A Climate Threat Jack McEvoy on September 8, 2022 The White House believes that the federal government should reduce cryptocurrency mining as it is threatening…
SANTIAGO (Reuters) – Chile’s SMA environmental regulator said on Tuesday it had issued a series of measures against a copper mine owned by Canada’s Lundin Mining Corp after a sinkhole…
Dems’ Climate Bill Includes Massive Tax Break For Mining Industry Jack McEvoy on August 15, 2022 The Democrats’ $369 billion climate spending bill includes tax breaks for the mining industry,…
By Marco Aquino LIMA – Peruvian mining executives who oversee some of the world’s largest copper mines are losing whatever slim thread of faith they may have had in left-wing…
SANTIAGO – Chile’s state-owned Codelco, the world’s top copper miner, expects to gradually restart operations at some of its mining projects on Monday, following the death of two workers earlier…
By Dietrich Knauth (Reuters) – Cryptocurrency lender Celsius Network said bitcoin mining is key to the company’s restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. New…
By Catarina Demony and Helen Reid LISBON – French President Emmanuel Macron said on Thursday a legal framework was needed to stop deep-sea mining from going ahead and urged countries…
Pro-Chinese operatives pretended to be legitimate protestors on social media to create controversy surrounding the opening of rare earth mineral mines in the US, Mandiant Corporation reported Tuesday. Fake Twitter…
By Divya Rajagopal TORONTO – Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, the chief executive officer of…
By Praveen Menon and Byron Kaye SYDNEY – Australia’s sex discrimination commissioner has called for urgent changes in the country’s mining industry after a state government report found that sexual…
By Praveen Menon and Byron Kaye SYDNEY – An Australian state government inquiry into abuse in the mineral-rich west has found the mining industry perpetuated a culture that led to…
LA PAZ – Bolivia’s government will not make a final decision on potential lithium mining tie-ups with private partners until December, six months behind its initial schedule, a senior official…
LA PAZ – Bolivia’s government on Wednesday declined to name which of six short-listed companies it would select to help mine its untapped lithium riches, with the chief of the…
By Stanis Bujakera and Aaron Ross KINSHASA – More than $400 million in tax advances and loans that Democratic Republic of Congo’s state mining company Gecamines said it paid to…
Biden Admin Blocks Yet Another Massive Mining Project, Hobbling Its Own Climate Agenda Thomas Catenacci on May 25, 2022 The Biden administration took action Wednesday to prevent mining activity in…
Biden Wants Taxpayers To Fund Massive Mining Projects — Just Not In The US Thomas Catenacci on May 16, 2022 The Biden administration asked lawmakers earlier this month to allow…
LIMA – Peru’s economy grew 3.79% in March compared with a year earlier, the country’s statistics agency said on Sunday, with most sectors of the economy showing improvement, while the…
By Ernest Scheyder (Reuters) – The U.S. Department of Defense has asked Congress to let it fund facilities in the United Kingdom and Australia that process strategic minerals used to…
LIMA – Peru will increase public spending in mining regions in a bid to de-escalate social conflicts that have impacted mining output, Finance Minister Oscar Graham said on Tuesday. Peru…
Miami, Florida – An indictment was unsealed yesterday charging the CEO of Mining Capital Coin (MCC), a purported cryptocurrency mining and investment platform, for allegedly orchestrating a $62 million global…
By Marcelo Rochabrun LIMA – Peru’s leftist President Pedro Castillo has signaled a tougher stance on protests against mining companies that are roiling the Andean nation, the world’s second largest…
By Ernest Scheyder (Reuters) – Elon Musk’s recent musings that high lithium prices may force Tesla Inc to make its own supply of the electric vehicle battery metal have fueled…