Power Nickel to File Complaint on Widespread Potential Illegal Short Selling of its Shares
2023-11-23 20:03:36 TORONTO, Nov. 23, 2023 /CNW/ – Power Nickel Inc. (TSXV: PNPN) (OTCQB: PNPNF) (Frankfurt: IVV) (“Power Nickel” or the “Company“) Terry Lynch, CEO of Power Nickel and founder of Save Canadian Mining, and its advisors have prepared and will file in the coming days an official complaint detailing significant and persistent position imbalances […]
Illegal Crypto Mines Busted in Libya
Libyan authorities are clamping down on illegal crypto mining. On Thursday, local media outlets reported that as many as fifty Chinese nationals had been detained in relation to the raid on a crypto farm in the city of Zliten. Illegal Mining Operation Found in Abandoned Iron Factory The latest bust follows the discovery by law […]
Bhagwant Mann-led government committed to eliminating illegal mining and making sand available to people at affordable rates: Meet Hayer
2023-06-14 CHANDIGARH: It is the commitment of the State Government led by Chief Minister Bhagwant Mann to completely eliminate illegal mining and make sand/gravel available to the people of the state at affordable rates of Rs. 5.50 per cubic feet at public mining and commercial mining sites being run by the State Government. The Enforcement […]
Nigerians protest illegal mining, seek to stop Chinese miners in Osun, Lagos
2023-05- Many Nigerians have expressed outage on social media over Chinese “illegal mining” activities in Lagos and Osun communities, Nigerian Tribune Online reported. Expressing their displeasure through the Twitter hashtag #StopChineseIllegalMining, the protesters stated that Chinese miners have made themselves lords of the Nigerian natural resources which belong to the people and government. They also […]
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News
2023-05-10 Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest. Illegal Crypto Miners in Iran Steal 1.8 Billion kWh of Electricity, Official […]
Baru Gold Update on Removal of Illegal Miners
2023-01-11 07:45:06 January 11 2023 – TheNewswire – Baru Gold Corp. (“Baru” or the “Company”) (TSXV:BARU) (OTC:BARUF) and subsidiary PT Tambang Mas Sangihe (“TMS”) are pleased to update shareholders on positive changes related to our project on Sangihe Island (“Sangihe”). Direct physical confrontation and indirect actions by both illegal miners and their supporters have prevented […]
Defiance Silver Initiates Trial Regarding the Illegal Transfer of Mining Concessions and Obtains Precautionary Measures to Protect Its Rights
2022-10-27 03:17:37 Vancouver, British Columbia–(Newsfile Corp. – October 27, 2022) – Defiance Silver Corp. (TSXV: DEF) (“Defiance” or the “Company“) announces that the case initiated against the illegally and fraudulently transferred mineral concessions concerning its Tepal Project has been admitted for trial by a District Court in Michoacán, Mexico. An evidence hearing will be scheduled […]
Equinox Gold Reports an Illegal Blockade and Suspension of Operations at its Los Filos Mine
2022-09-08 02:37:51 VANCOUVER, BC, Sept. 8, 2022 /CNW/ – Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) reports that mining activities at its Los Filos Mine in Mexico have been temporarily suspended as the result of an illegal blockade by members of the nearby Mezcala community. The blockade is preventing […]
Defiance Silver Discovers Illegal Transfer of Mining Concessions
2022-06-24 12:48:09 Vancouver, British Columbia–(Newsfile Corp. – June 24, 2022) – Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) (“Defiance” or the “Company“) announces that it has become aware that certain mineral concessions concerning its Tepal Project have been illegally and fraudulently transferred to a third party individual without the Company’s knowledge or consent. These concessions are the […]
Canada Mulls $7 Million Fine for Illegal Bitcoin-Mining Power Plant
2021-10-07 08:02:13 Setting up a Bitcoin mining operation inside a power plant has become something of a trend. In recent months, companies have started mining cryptocurrency in hydroelectric, natural gas, nuclear, and even volcanic power plants. The idea has proven so popular, in fact, that Canadian authorities are reportedly considering a $7.1 million fine for […]
Tehran Stock Exchange CEO steps down after discovery of illegal mining operation in building
2021-10-03 18:00:42 The CEO of Iran’s largest stock exchange has stepped down after authorities busted an illegal digital currency block reward mining operation in the basement of the building hosting the exchange. Ali Sahraee took the helm of the Tehran Stock Exchange in October 2020. However, as local media reports, his tenure has been cut […]