mining

April’s industrial growth still reflected the second slowest uptick in six months, even as the National Statistical Office (NSO) revised the Index of Industrial Production (IIP) for March to show that production had grown 2.3% instead of…

SAN SALVADOR : A public-private partnership in El Salvador will pump $1 billion into creating one of the world's largest bitcoin mining farms, the group called Volcano Energy announced on Monday.The project will start with an initial…

Global mining giant BHP said Thursday it had been underpaying thousands of Australian staff for more than a decade, an error that will cost at least US$280 million to fix.The company said 28,500 current and former employees were stripped of…

The US has come to a decision regarding the imposition of excise taxes on Bitcoin miners operating from within the country. The US will not be adding any new tax layer upon the US' Bitcoin mining sector as the proposal extended earlier this…

Cryptocurrency transactions may be costing more than just transaction fees. The electricity used for these transactions is more than what some countries, like Argentina and Australia, use in an entire year. Published estimates of the total…

Deep in rural Western Australia, Pilbara Minerals’ vast processing plant looms above the red dirt, quivering as tons of a lithium ore slurry move through its pipes.The plant turns the ore from a nearby quarry into spodumene, a greenish…

Negative correlation between real-world average LMP and mining load. Credit: Advances in Applied Energy (2023). DOI: 10.1016/j.adapen.2023.100136…

BOGOTA: A bombing by illegal miners at Zijin Mining's gold mine in Colombia killed two people and injured 14 more, the company said on Thursday (May 18), and underground operations were suspended following the incident. The mine is located…

NEW DELHI: Mininggiant Vedanta on Friday reported 57 per cent drop in March quarter net profit on weakness in aluminium business and write-offs.Consolidated net profit of Rs 3,132 crore in January-March is compared with Rs 7,261 crore net…

Issued on: 08/05/2023 - 05:37 At least 27 workers have died in a fire at a gold mine in a remote area of southern Peru, authorities said Sunday, making it one of the…