Latest News for: Trade mines

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The Merge of Mining Firms: Hut 8 and US Bitcoin

Crypto Economy 08 Feb 2023
The transaction is expected to establish New Hut as a large-scale, publicly traded Bitcoin miner focused on cost-effective mining, diverse revenue streams, and industry-leading ESG best practices. New Hut will have access to approximately 825 MW of gross energy across all six sites with self-mining, hosting, and managed infrastructure operations.
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India’s poor coal pilferers forced to scavenge for survival

Gulf News 08 Feb 2023
With India slowly switching away from climate-heating coal to renewable energy, rights activists have raised the issue of unemployment in mining hubs, which fuels the illegal coal trade, urging more job creation to support a green and fair transition ... “Many people picking coal illegally were earlier employed with coal mines.
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India's poor coal 'thieves' forced to scavenge for survivalIn FY21, Coal India Limited, the world's ...

Deccan Herald 08 Feb 2023
With India slowly switching away from climate-heating coal to renewable energy, rights activists have raised the issue of unemployment in mining hubs, which fuels the illegal coal trade, urging more job creation to support a green and fair transition ... For mining-ravaged lives in Ballari, ‘normal’ life is still too far.
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Europe's automakers need counter-measures not protectionism, industry says

Reuters 08 Feb 2023
Assurances by German Economy Minister Robert Habeck that there was a chance de facto free-trade status could be reached in the area of critical minerals provided little comfort, one European carmaker who declined to be named told Reuters ... miners or recycling plants or mines in countries with free trade deals with the U.S., rising to 80% in 2027.
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440 industrial projects being inaugurated during Ten-Day Dawn

Tehran Times 08 Feb 2023
TEHRAN - Some 440 industrial projects are going operational in Iran during the Ten-Day Dawn (February 1-11), which marks the 44th anniversary of the Islamic Revolution, Deputy Industry, Mining, and Trade Minister Mehdi Baradaran announced ... .
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Vatukoula Gold Mine workers seek union assistance

FBC News 08 Feb 2023
While the longstanding issue at the Vatukoula Gold Mine continues, ...
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Rosatom's Venture Receives License to Develop Lithium Deposit in Murmansk - Minister

Urdu Point 08 Feb 2023
According to the Russian trade ministry, mining at the Polmostundra deposit and industrial processing of lithium will begin this year as a pilot project ... Specialists are now finalizing technological issues and selecting equipment, the ministry said ....
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Employment growth of 4% shadowed by eight industries losing jobs

Victoria Advocate 08 Feb 2023
The information industry added 7.1% more jobs, while wholesale trade increased by the same percentage. Construction jobs increased by 6.7%, “other services” by 5.5%, utilities by 5.2%, and retail trade by 3.2%. Jobs in mining, quarrying and oil and gas extraction increased by 0.5% ... ....
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Galaxy Asset Management: January 2023 Month End AUM

Victoria Advocate 08 Feb 2023
NEW YORK, Feb. 8, 2023 /CNW/ - Galaxy Digital Holdings Ltd. (TSX. GLXY)�("Galaxy") announced that its affiliate, Galaxy Asset Management, ("GAM"), reported preliminary assets under management of $2,012.6 million as of January 31, 2023 ... 1/31/23. (b). 12/31/22. (b). 11/30/22. (b). 10/31/22 ... Trading, Asset Management, Investment Banking, Mining, and Ventures.
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What is liquidity mining: How to profit from a decentralized ecosystem?

Cryptopolitan 07 Feb 2023
Liquidity mining is a process of incentivizing participation in decentralized financial networks and protocols ... By providing liquidity to the network, users can enable more efficient trading, create new asset classes, and open access to new markets ... How liquidity mining works ... mining liquidity ... Can you make money with liquidity mining?.
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HEIDI STERNBERG: Lack of JSE juniors and exploration companies a threat to our mines

Business Day 07 Feb 2023
SA is known for its abundant mineral wealth and renowned for having one of the oldest and most skilled mining industries globally. Although not as large as it was historically, the SA mining industry is still a significant force in the economy ... The oldest trading mining company on the JSE, DRD Gold, listed in 1895.
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Mining stakeholders want consultation on policies that affect industry

B & FT Online 07 Feb 2023
To this end, he proposed that the Ministries of Trade and Industry, Lands and Natural Resources and Finance synchronise policies to realise a mining industry that is fully integrated into the non-minerals economy ... The event was held under the theme ‘Leveraging over a century of mining to enhance value addition for the development of Ghana’.
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South African rand gains on weaker dollar before Ramaphosa's speech

Reuters 07 Feb 2023
dollar on Tuesday, ahead of an address by President Cyril Ramaphosa at the Investing in African Mining Indaba conference in Cape Town. At 0614 GMT, the rand traded at 17.6100 against the dollar, about 0.3% stronger than its previous close ... Ramaphosa's speech at the Mining ...
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President Cyril Ramaphosa addresses the African Mining Indaba

Independent online (SA) 07 Feb 2023
South African President, Cyril Ramaphosa made his address at the 2022 Investing in African Mining Indaba, Cape Town International Convention Centre on Tuesday ... The Investing in African Mining Indaba has become one of the most important platforms for the advancement of this vital industry ... Thirdly, tackle illegal mining and damage to infrastructure.
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Bitcoin Mining Firms Hut 8 and US Bitcoin Corp. Announce Merger

Bitcoin Magazine 07 Feb 2023
According to the press release, “The Transaction is expected to establish New Hut as a large-scale, publicly traded Bitcoin miner focused on economical mining, highly diversified revenue streams, and industry-leading best practices in ESG.”.

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