Tag: Miners

Sandstorm Gold Royalties to Remain in NYSE Arca Gold Miners Index

2023-06-12 14:38:39 VANCOUVER, BC, June 12, 2023 /CNW/ – Sandstorm Gold Ltd. (“Sandstorm” or the “Company”) (NYSE: SAND) (TSX: SSL) is pleased to report that further to the Company’s press release earlier today, the ICE Data Indices, LLC has issued a rebalancing update for the NYSE Arca Gold Miners Index (the “GDM” or the “Index”) […]

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 […]

Several miners feared stuck in Ghana gold mine

2023-05-30 LONDON –Several artisanal miners are feared trapped in an underground gold mine shaft in the Ashanti region of Ghana. Several illegal miners have reportedly entered AngloGold Ltd.’s Obuasi Mines in the Anwiam, Ashanti Region, searching for gold deposits. However, the miners found themselves unable to exit after the entrances were shut, officials said. AngloGold […]

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 […]

Why did stocks, gold, Bitcoin collapse today? Worst single-day crash since 2020 won’t stop here

John Feneck, Founder of Feneck Consulting, discusses the single-worst day for equities with David Lin, Anchor for Kitco News, at the Precious Metals Summit in Beaver Creek. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Market action 4:06 – Fed mandate 6:33 – Next rate hike 9:30 […]

Coal miners pay highest US dividends as prices soar to records

2022-11-16 It’s a notable turnaround for an industry that experienced waves of bankruptcies in recent years as power producers shift away from the dirtiest fossil fuel. The resurgence comes as Russia’s war in Ukraine roils energy markets, and underscores that the market for coal remains robust even as environmentalists, progressive politicians and many corporations push […]

Coal miners face financing squeeze as more banks pledge to ‘go green’ – Companies

2022-09-19 Coal power and mining firms in Indonesia are finding it tougher to raise funds due to climate-crisis concerns and are being increasingly pushed by banks to present concrete-transition plans to shift away from dirty energy. To date, over 100 globally significant asset managers and owners with assets under management (AUM) greater than US$50 billion, […]

Gold, silver stocks are exploding and the fireworks aren't over; Expert's top picks – John Feneck

Gold and silver miners have rallied year-to-date, but can this run continue? John Feneck, founder of Feneck Consulting, discusses his top mining stock picks with David Lin, anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Inflation and gold price 6:09 – Gold producers’ […]

Resources in your old laptop could make cash for “urban miners”

2022-05-30 The volumes of electronic waste in the world are staggering, amounting to many millions of tons. So what do you with your old laptop or cellphone when you’re done with it? Do you put it in a box in the attic or maybe in the trash? There’s still value in the hardware if you […]

Future Of Energy Markets Bitcoin Miners

2022-05-06 Most of the conversations about Bitcoin infrastructure for the past two years have focused on the mining sector’s increasing convergence with traditional energy generators and power companies. At the Bitcoin 2022 conference, a panel hosted by this author discussed this trend and what mining’s continued growth means for electric grids and energy markets. Beyond […]

Miners continue to expand use of battery-powered vehicles underground

2022-04-22 As miners strive to reduce greenhouse gas emissions, many, particularly those with underground mines, are beginning to invest in battery-powered and electric-powered mining fleets. As of March 2022, GlobalData was tracking 157 electric loaders (LHDs) and 45 electric trucks operating in underground mines across the globe, with the largest combined population of electric LHDs […]

Bitcoin could be laid low by miners’ malady

2022-02-22 05:27:54 Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices. The cryptocurrency’s spectacular rally in 2021 drew thousands of entrants into mining, or producing new coin. As a result the hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months […]

Google warns crypto miners are hacking cloud accounts

2021-11-26 07:48:15 Cryptocurrency miners are using hacked Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details of the security breach in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors were observed […]