Mining

Call it the new economics of Bitcoin. In its earnings release on Aug. 16, Stronghold Digital Mining announced two major strategic shifts designed to blunt the steep fall in Bitcoin prices. First, Stronghold is returning no fewer than two-thirds of its mining machines to the lender that financed them—not unlike the way homeowners in some …

Bitcoin mining is less profitable than selling power for Stronghold Digital Read More »

LAGATAR24 NETWORK Ranchi, Aug 16: NTPC Coal Mining Headquarters, Ranchi, celebrated the 76th Independence Day with great enthusiasm and patriotic fervor. Chief Guest for the occasion Partha Mazumder, Regional Executive Director (Coal Mining), remembered and paid homage to the freedom fighters who contributed to India’s independence. He also mentioned that the Hon’ble Prime Minister spearheaded …

Ranchi: NTPC Coal Mining HQ celebrates 76th I-Day with patriotic fervor Read More »

“We believe that this is, in every sense of the word, a transformational acquisition, and it is a key milestone in our vision to become the next mid-tier nickel producer in Canada,” Magna’s CEO Jason Jessup said in a statement to shareholders . The Denison project, including the former Crean Hill mine, is located 37 …

Magna Mining acquires Crean Hill mine with Lonmin Canada takeover Read More »

Trevali Mining Corporation (TSX: TV) reported disappointing second-quarter 2022 operating and financial results. The poor quarterly performance caused the share price to fall over 50% on Tuesday. This pushed Trevali Mining’s year-to-date share price decline to almost 75%. With a market cap of C$35.26 million, Trevali is a global base-metals mining company. Headquartered in Vancouver, …

Trevali Mining Posts Q2 Results; Stock Collapses Over 50% Read More »

Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar panels and electric vehicles. However, the green investment comes with a metallic sting in the tail. The IRA extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 but conditions …

Column: US hits the EV accelerator to cut Chinese metals ties Read More »

Crypto mining is a convoluted procedure, to be honest. Yes, it can help you acquire a massive amount of Cryptocurrency if you’re successful. But, there are also some other things that can make the process extremely difficult to get through. Therefore, if you’re thinking about participating in Crypto mining, we’d ask you to read this …

Crypto Mining – Should You Do It? Read More »