Seven workers were injured in the collapse, which occurred in an area controlled by the Sudanese Armed Forces. The partial collapse of a traditional gold mine in Sudan’s northeast has killed 11 miners and wounded seven others, according to the state mining company, as a brutal civil war between the Sudanese Armed Forces (SAF) and
BAMAKO, Mali — A judge in Mali on Monday ordered Barrick Gold to be placed under provisional administration for six months in an ongoing dispute between the Canadian mining company and the West African nation’s military government over unpaid taxes. Judge Issa Aguibou Diallo in a statement to Barrick’s lawyers also announced the appointment within
BAMAKO, Mali — A judge in Mali on Monday ordered Barrick Gold to be placed under provisional administration for six months in an ongoing dispute between the Canadian mining company and the West African nation’s military government over unpaid taxes. Judge Issa Aguibou Diallo in a statement to Barrick’s lawyers also announced the appointment within
Use FioBit Cloud Mining to develop a cryptocurrency investment strategy and quickly increase returns to earn stable passive income Sydney, June 16, 2025 (GLOBE NEWSWIRE) — As global financial uncertainty rises, high-net-worth individuals and institutions are increasingly turning to short-term, stable yield strategies. In this new landscape, Bitcoin cloud mining platform FioBit has emerged as the preferred
Global cloud mining leader PFM CRYPTO today announced the launch of a 2-day XRP cloud mining contract, offering investors a flexible and efficient opportunity to grow their XRP holdings. The product received an overwhelmingly positive response from the market. Farington, England, June 09, 2025 (GLOBE NEWSWIRE) — Global cloud mining leader PFM CRYPTO today announced
Hindustan Zinc, owned by Vedanta, has paused its demerger plans and is focusing on consolidating operations in India. The company is discussing a $1–1.1 billion (₹8,500 crore) phase-I growth capex, with Board approval expected within a month. Combined with similar investments in future, Hindustan Zinc aims to double its production to nearly 2 million tonnes
The mining equipment experts at Epiroc will supply a fleet of autonomous, zero-emission electric Pit Viper 271E and SmartROC D65 BE drill rigs at a number of Australian mines operated by multinational metals firm, Fortescue. The $350 million AUD (approx. $225 million US) deal will see Epiroc AB supply its customer, Fortescue, with a number
Gold prices have historically surged during market upheavals in the last half-century. The precious metal remains a top pick for investors as they navigate an uncertain macroeconomic backdrop fueled by high US tariffs, an escalating trade war with China, and dynamic changes within the federal government. Gold prices soared to a record high of £2,460
Randy Heisler, Vice President of Metals, Mining, and Chemicals at Life Cycle Engineering, discusses the challenges and best practices of asset management and optimisation in mine design. Keeping operations running smoothly while minimising costs and downtime is a constant challenge across the mining industry. One of the key ways to achieve this is through effective
Fury and QPM shareholders will own approximately 95% and 5% of the combined company, respectively, on an undiluted basis. Credit: assistant/Shutterstock. Canada-focused exploration company Fury Gold Mines has signed an agreement to acquire Quebec Precious Metals (QPM) in an all-share transaction. Under the deal, Fury will acquire all issued and outstanding QPM shares through a