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mining industry
Trends
- 1South African police probe shootings that killed 27 amid mining feudโผSouth African police probe mining feud, business rivalry after shootings kill 27
South African police are investigating a series of shootings that left 27 people dead, with early findings pointing to a feud within the mining industry and an associated business rivalry as possible motives. The killings have raised concerns about violent score-settling between rival business groups in the country's mining sector, and authorities are working to establish whether the attacks are linked.
- 2Rio Tinto and Shougang trial carbon capture technology in ChinaโRio Tinto and Shougang Group are trialling carbon capture technology in China
Mining giant Rio Tinto and Chinese steelmaker Shougang Group are testing carbon capture technology in China. The trial aims to cut emissions from steelmaking, one of the world's most carbon-intensive industries. The two companies have previously collaborated on low-carbon steel projects, and the latest effort signals continued momentum toward decarbonising heavy industry supply chains.
- 3Bottom trawling and deep-sea mining condemned as twin threatsโWhat makes bottom trawling and proposed deep-sea mining twin horrors is that same fundamental mechanism: taking ecosyste
Environmental commentators are drawing a direct parallel between bottom trawling and proposed deep-sea mining, arguing both share the same destructive mechanism: subjecting ecosystems that operate on geological timescales to industrial-scale disturbance. The argument highlights that deep-sea corals grow only millimeters per year and sediment settles over centuries, meaning damage from such activities could be effectively irreversible on human timescales.
- 4Barrick Mining Strikes Deal With Mali Unions to Avert WalkoutsโBarrick Mining Reaches Deal With Mali Unions, Averting Strikes
Barrick Mining has reached an agreement with labor unions in Mali, avoiding planned strikes at its operations in the country. The deal defuses a dispute that had threatened to disrupt production at the miner's Malian sites, which are a key part of the country's gold industry. Details of the agreement have not been fully disclosed.
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Bitcoin miners are reducing operational costs as falling prices squeeze profit margins. With mining rewards worth less in dollar terms, operators are reportedly trimming expenses to stay afloat. The squeeze highlights how sensitive the mining industry is to Bitcoin's price swings, and analysts are watching whether weaker miners will be forced off the network.
- 6Asteroid mining company plans first fully autonomous space missionโMike.Sierra.Echo edges closer to reality ... https://www. space.com/technology/without-a -single-command-from-the-ground
An asteroid mining company is preparing to launch the world's first fully autonomous space mission in 2027, one that would operate without a single command from the ground. The mission would mark a major step for independent spacecraft decision-making and for the emerging asteroid mining industry, drawing attention from space and science communities.
- 7Gunnison Copper appoints Jennifer Hays as CFOโGunnison Copper names defense-sector finance veteran Jennifer Hays as CFO
Gunnison Copper has appointed Jennifer Hays as its chief financial officer. Hays brings a finance background in the defense sector, which the company is expected to draw on as it advances its copper projects and funding plans. The move is being noted by investors tracking management changes in the copper mining and materials sector.