Likewise, there a clear examples of the mining industry choosing not to be progressive ... have international best practices examples and/or policies and frameworks available to them, the mining industry acts as tardily as their partners in the State in correcting past injustices.
Mining Bitcoin has become significantly more difficult over the past few days. Its mining difficulty is up to a new peak of 39.35 trillion, which rose by 4.68% from 37.59 trillion on Sunday. Mining difficulty refers to how much computing power it takes to mine one BTC...Unfortunately, this could be detrimental to those in the Bitcoin mining industry.
This isn’t good news for some in the Bitcoin mining industry, a larger mining difficulty means more advanced machinery, more computers, and more power might be needed to produce the same amount of Bitcoin ...Industrial , which has spelled trouble for firms running fleets of ...
Martin has broad and deep exposure to all major resource industry activities including corporate communications, exploration, mine development, mining operations, smelting, safety and environment, finance, sales and marketing, strategy, mergers & acquisitions and business ...
The bankruptcy court has approved BlockFi’s request to set up the auction for its mining equipment ...Bankruptcy Court for the District of New Jersey to set up an auction for its crypto mining business ... After months of high power costs and increasing bitcoin hashrates, the crypto-mining industry finally saw an improvement this month.
After overseeing a crackdown early in his term that shut most of the Philippines’ mines, Rodrigo Duterte, Marcos’s predecessor, who once said the nation can survive without a mining industry, eventually allowed new mineral deals and lifted a ban on open-pit mining in 2021.
(Bloomberg) -- One of Peru’s biggest copper mines will stop production Wednesday if transport disruptions linked to nationwide political unrest don’t end, according to its owner MMGLtd ... About 30% of Peru’s copper production is at risk, according to industry association SNMPE.
High costs and unreliable energy supply are some of the chief concerns among businesses, especially so in the mining industry where electricity is projected to rise to 12.5% of costs by 2024 from 9% now ... 38% in gold mining by 2024, according to industry body Minerals Council SA.
The International Seabed Authority, the UN-affiliated body that oversees the deep-sea mining sector, is expected to announce regulations for the nascent industry in July. Many scientists have warned that mining the deep sea could have huge and irreversible implications for the fragile ecosystem.
The radioactive capsule, part of a gauge used in the mining industry to measure the density of iron ore, was transported by a certified Rio Tinto contractor, he said ... The gauge was originally picked up on January 12 from the Gudai-Darri iron ore mine near Newman and delivered to the Perth suburb of Malaga on January 16, Rio Tinto says.