Gecamines, a fully owned subsidiary of the Democratic Republic of the Congo’s national mining organization, said on Tuesday that it had collected $75 million to build a new hydro-metallurgical complex…
Volkswagen bids to become battery supplier, to invest in mines
Volkswagen will invest in mines to cut the price of battery cells, supply half of its own need, and sell to third-party customers, according to a member of the company’s…
By Staff Writer March 17, 2023
To protect the Great Barrier Reef, Australia blocks coal mine.
The save the Great Barrier Reef, For the first time in history, Australia has used environmental laws to prevent the construction of a coal mine. The government rejected a…
By Staff Writer February 8, 2023
Cryptocurrency crackdown in China has sparked a crypto-mining boom in Thailand
Bangkok, Thailand (RushHourDaily) – Pongsakorn Tongtaveenan, a Thai entrepreneur, was ready to strike when the axe fell on China’s massive cryptocurrency mines. He quickly purchased redundant computer processors needed to…
By Staff Contributor December 29, 2021
Mining Mogul Sentenced to 30 Years in Prison
Batista booked Eike Batista, a Brazilian oil and mining mogul, was sentenced to 30 years in prison on Tuesday after paying over $16 million in bribes. Federal Judge Marcelo…
By Ben Norman July 9, 2018