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 …
mining
Colombia gov’t agrees to ease tax changes to oil, mining
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 …
Lula campaign mulls new mining royalties in Brazil, spooking industry
By Rafaella Barros RIO DE JANEIRO (Reuters) – Brazilian presidential frontrunner Luiz Inacio Lula da Silva is considering raising royalties on certain mining projects if …
White House Labels Cryptocurrency Mining A Climate Threat
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 …
Chile dictates measures against mining company for giant sinkhole
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 …
Dems’ Climate Bill Includes Massive Tax Break For Mining Industry
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 …
Analysis: Peru’s mining execs ‘lose faith’ in gov’t despite moderate shift
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 …
Chile’s Codelco to restart some mining projects after worker deaths
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 …
Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
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 …
France’s Macron says deep-sea mining must not go ahead
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 …
Pro-Chinese Agents Conducted Fake Social Media Protests To Halt US Mining
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 …
Mining firms poised to lead capital raisings in Canada, TSX CEO says
By Divya Rajagopal TORONTO – Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, …
Australia’s sex discrimination commissioner calls for urgent change in mining sector
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 …
Factbox: Australia’s inquiry into sexual harassment in mining
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 …
Bolivia delays decision on lithium mining tie-ups to December
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 …
Bolivia again delays announcement on lithium mining tie-ups
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, …
Congo auditor says $400 million went missing from state mining company
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 …
Biden Admin Blocks Yet Another Massive Mining Project, Hobbling Its Own Climate Agenda
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 …
Biden Wants Taxpayers To Fund Massive Mining Projects — Just Not In The US
Biden Wants Taxpayers To Fund Massive Mining Projects — Just Not In The US Thomas Catenacci on May 16, 2022 The Biden administration asked lawmakers …
Peru economy grows 3.79% in March, weighed down by mining protests
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 …
Pentagon asks Congress to fund mining projects in Australia, U.K
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 …
Peru to increase public spending in mining regions to curb social conflicts
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 …
CEO of Mining Capital Coin Indicted in $62 Million Cryptocurrency Fraud Scheme
Miami, Florida – An indictment was unsealed yesterday charging the CEO of Mining Capital Coin (MCC), a purported cryptocurrency mining and investment platform, for allegedly …
Analysis-Peru’s Castillo hardens stance on mining protests as economy stumbles
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 …
Analysis-Musk’s tweets fuel mining industry’s hopes of a buyout by Tesla
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 …
Australia’s Rio Tinto exits state mining lobby amid climate rift
(Reuters) – Rio Tinto, one of the largest Australian mining companies, on Thursday confirmed its exit from the state mining lobby group after raising concerns …
U.S. blacklists Russian shipbuilder and diamond mining company
WASHINGTON – The United States blacklisted two Russian state-owned enterprises, United Shipbuilding Corp and the Alrosa diamond mining company, denying them access to the U.S. …
Australia sanctions Russian billionaires with mining industry links
SYDNEY – Australia imposed sanctions on Friday on two Russian oligarchs with links to its mining industry, one of them a billionaire with an investment …
Increased mining supply pushing Peruvian currency higher -cenbank
LIMA – A greater supply of dollars from the mining sector in Peru – the world’s No. 2 copper producer – is pushing up the …
Honduran minister says new mining restrictions not retroactive
By Gustavo Palencia TEGUCIGALPA – The Honduran government’s recent push to sharply restrict mining will not apply to existing projects, the country’s environment and mining …
Mining companies may pause growth plans amid Ukraine war, inflation
By Clara Denina and Praveen Menon – Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring …
Ecuador says mining exports nearly doubled in value in 2021 to $2 billion
By Alexandra Valencia QUITO – Ecuador’s mining exports in 2021 nearly doubled in value from the previous year to $2.09 billion, beating government expectations, the …
Renault and U.S. carmaker Rivian back moratorium on deep-sea mining
By Helen Reid JOHANNESBURG – France’s Renault and U.S. carmaker Rivian have backed a moratorium on deep-sea mining and will exclude seabed metals from their …
Exclusive-France’s Renault says it backs moratorium on deep-sea mining
By Helen Reid JOHANNESBURG – French automaker Renault SA has backed a moratorium on deep-sea mining, the company told Reuters on Wednesday, committing to exclude …
West Linn Man Sentenced to Federal Prison for Role in Real Estate, Agriculture, and Mining Investment Schemes
PORTLAND, Ore.—A West Linn, Oregon man was sentenced to federal prison today for posing as a successful real estate developer, hemp seed cultivator, and owner …