Biggest Gold Miners Are Missing Out on Bullion's Record Run – Yahoo Finance
(Bloomberg) — The world’s largest gold mining company is at risk of missing out on the metal’s record growth after spending billions to make it the obvious home for bullion-focused investors. ing. Most Read Articles on Bloomberg Despite gold prices hitting new highs almost every day, Newmont’s stock price has fallen about 6% since the […]
‘People have lost faith’: life in former mining towns 40 years on from strike | The miners’ strike 1984-85
WWhen Anne Woolford moved into her home in Great Houghton, South Yorkshire, in 2000, she could see from her back window the black mounds of slag from a former coal mine. The mountain is now covered with grass, and her vision is dominated by the Asos warehouse built on top of a former coal mine. […]
Bitcoin Miners Show Muscle Pushing Back Against Warrantless 'Emergency' Order – CoinDesk
Bitcoiners have scored a major victory in their effort to defeat the U.S. Department of Energy’s Bureau of Statistics’ “emergency” Bitcoin mining order. The Energy Information Administration will halt mandatory surveys it had sent to hundreds of miners in favor of proper notice and comment periods required by law, according to court documents. The EIA […]
Missing Turkish miners ‘swallowed by cyanide-laced landslide’ | Turkey
Hundreds of Turkish rescue workers were searching cyanide-strewn fields Tuesday for nine miners who were swallowed by an open-pit landslide. Images from the scene showed a landslide moving across a valley and hitting the road some of the workers were traveling on. Turkey’s Interior Minister Ali Yerlikaya said there was no news that nine of […]
Bitcoin ETFs are sucking up 10X more BTC than miners can produce – Cointelegraph
The Spot Bitcoin Exchange Traded Fund (ETF) picked up more than 10 times as much Bitcoin as miners were able to produce on Monday, February 12th. according to In preliminary figures, at least $493.4 million, or approximately 10,280 Bitcoin (BTC), had flowed into the Spot Bitcoin ETF as of February 12th. BlackRock’s iShares Bitcoin Trust […]
Cynthia Lummis Rails Against Biden Registry of Crypto Miners
In exclusive comments to Breitbart News, Sen. Cynthia Lummis (R-Wyo.) slammed the Biden administration’s “absurd” plan to investigate the cryptocurrency mining industry’s power consumption. The U.S. Energy Information Administration (EIA) boot A “preliminary” survey of power consumption by virtual currency miners. The Office of Management and Budget (OMB) approved the study on January 26 as […]
11 Bitcoin miners may not mine profitably post halving: Cantor Fitzgerald – Cointelegraph
Analysts at financial services firm Cantor Fitzgerald say that if the price of Bitcoin (BTC) does not rise significantly after the halving, the 11 largest publicly traded Bitcoin (BTC) miners will profitably sell Bitcoin. They reportedly discovered that it could be a pain to mine. A Jan. 25 post by CleanSpark executive chairman and co-founder […]
Rise of the ‘mother boss’: how female miners are taking control in DRC | Global development
IIt's already dusk Annie Sinanduku Mwange She stepped out of the motorcycle taxi that took her through the rainforest to the small mining town of Cairo. It's an tiring four-hour drive from Kindu, the provincial capital of Maniema, but she must first pay tribute to the town mayor, police chief and other officials before resting. […]
Bitcoin tumbled after ETFs launched. What it means for crypto miners – CNBC
Investors in Bitcoin mining stocks are keeping a close eye on the cryptocurrency's price after the Securities and Exchange Commission's move to allow spot Bitcoin ETFs became selling news. The flagship currency briefly reached $49,000 after the ETF received regulatory approval last week. However, as the week progressed, Bitcoin erased its earlier gains, posting a […]
North Dakota coal miners unearth ancient mammoth fossil, including 7-foot-long tusk: ‘EXCITING FIND’
Earlier this year, a group of coal miners made a “huge” discovery while working in North Dakota. While working overnight at the Freedom Mine over Memorial Day weekend, miners discovered the remains of an ancient mammoth that went extinct in the area about 10,000 years ago. Recognizing the significance of the early morning discovery in […]