Mining

Celsius Gets Permission To Sell Mined Bitcoin;  Claims Lenders Lining Up

Celsius Gets Permission To Sell Mined Bitcoin; Claims Lenders Lining Up

Alex Mashinsky, founder and chief executive officer of Celcius Network Ltd., during a panel session … [+] at the Blockchain Week Summit in Paris, France, on Wednesday, April 13, 2022. The three-day conference brings together the brightest minds, business professionals and leading investors to help you navigate the blockchain industry, according to the event’s organizers. …

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Bitcoin mining is less profitable than selling power for Stronghold Digital

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 …

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

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 …

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Santacruz Silver Mining : Announcements Appointment Of Chief Operating Officer

Vancouver, BC – Santacruz Silver Mining Ltd. (TSX.V: SCZ) (the “company” or “Holy Cross“) is pleased to announce the appointment of Mr. Wayne Corso to the role of Chief Operating Officer. Mr. Corso holds a B.Sc., Mining Engineering, from the Colorado School of Mines at Golden Colorado, has over 35 years of experience in the …

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Magna Mining acquires Crean Hill mine with Lonmin Canada takeover

“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 …

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Trevali Mining Posts Q2 Results; Stock Collapses Over 50%

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, …

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

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 …

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Lundin Mining (TSE:LUN) Price Target Cut to C$10.60 by Analysts at JPMorgan Chase & Co.

Lundin Mining (TSE:LUN – Get Rating) had its target price lowered by equities research analysts at JPMorgan Chase & Co. from C$12.60 to C$10.60 in a research note issued to investors on Tuesday, BayStreet.CA reports. JPMorgan Chase & Co.’s price target would suggest an upside potential of 43.05% from the company’s previous close. A number …

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Data Mining Tools Market Registered at CAGR 11.73%, Industry Size, Share, Development Trends and Forecast by 2029

Data Mining Tools Market Data Bridge Market Research offers comprehensive insights and detailed research on the Data Mining Tools Market – Industry Trends and Forecast to 2029 SAN FRANCISCO, CALIFORNIA, UNITED STATES OF AMERICA, August 16, 2022 /EINPresswire.com/ — Data Bridge Market Research analyzes that the Global Data Mining Tools Market will exhibit a CAGR …

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