Tag Archives: mining

Gold mining in Peru has moved into sensitive wetland areas and is releasing a lot of stored carbon. These wetlands are peatlands, waterlogged soils built from partly decayed plants that lock away carbon for centuries. Peat loss turns a slow natural carbon vault into a fast source of emissions. That is why scientists are sounding the alarm about new mining …

Mining Megadeal Shows the World Is Crazy for Copper  The Wall Street Journal Copper miners sign a $53 billion mega-merger  Axios Mining Deal: Teck Sells Itself on the Cheap to Anglo American  Bloomberg.com BHP seen as unlikely to pounce on Anglo or Teck as it eyes organic growth  Reuters How a remote copper pit led to the biggest mining deal in a decade  Financial Times …

Anglo American (LON: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion all-share merger that would create the world’s fifth-largest copper producer — if regulators in Canada, the United States and China sign off. Anglo will exchange 1.3301 shares for each Teck share, a structure it called a “zero-premium” merger. The math tells a …

Exclusive | Trump Brothers-Backed Bitcoin Mining Company Is Set to List on Nasdaq  The Wall Street Journal Trump-backed American Bitcoin mining firm to start trading on Nasdaq today  Fortune Gryphon Digital Mining shareholders vote to combine with Trump-linked bitcoin mining venture  The Block American Bitcoin listed on the Nasdaq  Yahoo Finance Trump-backed bitcoin company begins trading on Nasdaq  ABC News Source link

TUOLUMNE COUNTY, Calif. (AP) — A quick-moving wildfire burned homes in a California Gold Rush town settled around 1850 by Chinese miners who were driven out of a nearby camp and the blaze grew without containment on Wednesday. The fire rapidly expanded to 10 square miles (26 square kilometers) in size, forcing the evacuation Tuesday of the Chinese Camp Town …

Facebook Tweet Email Link Tuolumne County, California AP  —  A quick-moving wildfire scorched thousands of acres Tuesday and burned homes in a California Gold Rush town settled around 1850 by Chinese miners who were driven out of a nearby camp. The fire rapidly grew to 6.25 square miles in size, forcing the evacuation of the Chinese Camp Town and surrounding …

Eric Trump, the third child of President Donald Trump, showed up in Hong Kong this week to hawk his latest crypto venture and, according to him, it’s going to the moon. Trump spoke at Hong Kong’s Bitcoin Asia 2025 conference, the first stop in a planned series of crypto events across Asia featuring various Trump family members. At the conference, …

A U.S. appeals court has temporarily blocked the transfer of federal forest land in Arizona to a pair of international companies that plan to mine one of the largest copper deposits in North America. The transfer was scheduled for Tuesday. But a panel of judges with the 9th U.S. District Court of Appeals issued a temporary injunction late Monday in …

A leading North American mining entrepreneur, who wants to open his own US copper mine, has welcomed plans for a 50% tax on copper imports. Robert Friedland, the billionaire founder of Vancouver-based Ivanhoe Mines and Ivanhoe Electric, told the BBC the tariffs would help re-establish the US copper mining industry. US President Donald Trump has already introduced steel and aluminium …

The small mining company that won a big investment from the Pentagon  Financial Times America’s Biggest Rare-Earth Producer Makes a Play to End China’s Dominance  The Wall Street Journal Apple backs Trump rare earth minerals push, invests $500M in US mine  Fox Business US rare earth pricing system is poised to challenge China’s dominance  Reuters Pentagon to become largest shareholder in rare earth miner …