The closing of the Kiaka Transaction is subject to certain customary conditions, including completion of a transaction between WAF and GAMS-Mining F&I Ltd. ("GAMS") pursuant to which WAF will acquire GAMS' 9% interest in the Kiaka Project, and completion of the transaction under the Amended Toega Agreement (as defined below).
Read MoreChinese authorities ordered the closing of operations that create a large share of the world's supply of bitcoin, tightening a clampdown that …
Read MoreMinnova Corp. Announces Closing of Private Placement. Toronto, Ontario-- (Newsfile Corp. - December 8, 2021) - Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) (" Minnova " or the " Company ") is ...
Read MoreBiden closing the door on U.S. mining. Early on, President Joe Biden promised multitudes of " good-paying, union jobs" to fuel his massive push for wind and solar powered electric vehicles, EV charging stations, and the tiny …
Read MoreLuminant Mining will lay off 160 workers the day after Christmas from its Liberty Mine and Martin Lake Mining Complex in Tatum, according to …
Read More"As far as our own crypto mining operations, within the IBC Group, are concerned; we are closing down all our Bitcoin and Ethereum mining facilities across China, and moving our staff to multiple new locations globally, including UAE, Canada, USA, Kazakhstan, Iceland and various South American countries," Shroff added.
Read MoreThrough its self-mining operations and joint venture agreements, the Company is currently hashing at a rate of approximately 415PH with plans to expand to a hashrate of 3.6 EH by the end of 2022 ...
Read MoreCleveland-Cliffs, which recently bought AK-Steel, is closing its Northshore Mining operations in Babbitt and Silver Bay. The closure of the three mines has wiped out …
Read MoreMining operations, however expansive and complex, are temporary. Eventually, once the most accessible and valuable materials have been extracted, the mine is closed, and the site must be restored back to its original state. This includes covering up mine entrances, replanting grass and trees, and testing surrounding water, soil, and air for ...
Read MoreUK metals firm Hochschild Mining is to fight plans by Peru's government to hasten the closure of four mines in the southern Ayacucho region because of concerns over their environmental impact ...
Read MoreMining operations, however expansive and complex, are temporary. Eventually, once the most accessible and valuable materials have been extracted, the mine is closed, and the site must be restored back to its original state.
Read More"The exit window is closing, and we're scrambling to find overseas mines to place our mining devices," a Sichuan-based industry insider, who spoke on condition of anonymity, told the Global Times ...
Read MoreThe Company also boasts low fixed costs shared between its power generation and bitcoin mining operations. In addition, Greenidge's Upstate New York location provides access to some of the lowest-cost natural gas in North America, resulting in an average mining power cost of approximately $22/MWh 3. For the twelve months ended February 28 ...
Read MoreSeveral major Bitcoin mining outfits have gone in this direction including Marathon, and Hut8, closing multi-million dollar funding rounds in the past few months. According to Marathon's CEO Fred Thiel, Bitcoin would have to fall to trading around $6,500 before the firm will realize losses from its Bitcoin mining operations .
Read MoreUpon closing of the Transaction noted above, Gen Mining will own a interest in the Marathon Project. The Feasibility Study in respect of the Marathon Project estimated that at US$1725/oz ...
Read MoreAnglo American is a global diversified mining business. Our portfolio of world-class mining operations provides the metals and minerals that make modern life possible. We use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.
Read MoreSuch factors include, amongst others, permitting risks related to the Santo Domingo Port, risks related to inherent hazards associated with mining operations and closure of mining projects, the inherent uncertainty of mineral exploration and estimations of exploration targets, potential delays in exploration or interruption of production ...
Read More2.2 Health and safety risks related to different scales of mining operation (small and large) 22 2.3 Health and safety related different types of mine (open cast and deep) 24 2.4 Direct and indirect impacts on workers and their health 25
Read MoreThe news came after Chinese local media reported miners at Ya'an in Sichuan province had received a notice that required them to shut off mining operations for self-inspection on Thursday night ...
Read MoreOpening a new mine or expanding an existing operation can be a challenging and daunting task. Aside from assessing and evaluating social-environmental concerns and designing the mining and material movement approach, the first question often asked is, "how much will it cost us to mine?" This may need to be determined even before you decide that there is a potential project.
Read MoreIran, which imposed a temporary ban on Bitcoin mining a few months ago, continues to crack down on illegal crypto mining operations, closing down thousands of unauthorized mining facilities, according to local media …
Read MoreThe company's shares cratered on the news, closing 50% lower on Tuesday at just C$0.010, which leaves the miner with a market capitalization of about C$10.8 million ($8.6 million). The Sugar Zone underground mine has 797,000 ounces of gold reserves at 7.18 g/t, similar in nature to the Rothsay and Mt Monger mines Silver Lake operates in ...
Read MoreMiners' union calls for heads to roll at Eskom. The National Union of Mineworkers has called for the board and executive of state-owned power utility Eskom to …
Read MoreThe Company's quarterly bitcoin production since commencement of our mining operations was as follows: Miner Fleet Update. As of September 30, ... "By closing our recent $80 million equity ...
Read More"The exit window is closing, and we're scrambling to find overseas mines to place our mining devices," a Sichuan-based industry insider, who spoke on condition of anonymity, told the Global Times ...
Read MoreThe company aims to capitalize on the recent geographical shift in mining operations, ... OLB Price Action: OLB shares gained 3.61% on Monday, closing at a price of $4.44 per share. ...
Read MoreExchange rate of £1 = CAD$1.695 at closing in London on 3 November 2021. About The Weir Group PLC. Founded in 1871, The Weir Group PLC is one of the world's leading engineering businesses with a purpose to make its mining and infrastructure customers' operations more sustainable and efficient.
Read MoreSubject to the satisfaction or waiver of the closing conditions that remain outstanding, closing of the Transaction is expected to occur in the coming weeks. About Gold Resource Corporation. Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico.
Read MoreHow to improve recruitment and retention, worker safety, and overall equipment efficiency with fiberlike wireless network connectivity. Tags. autonomous vehicles. Cisco Ultra-Reliable Wireless Backhaul. Fluidmesh Networks. Mining industry. Mining OEE. Mining operations. February 11, 2021.
Read MoreClosing arguments set for ex-officer in Daunte Wright death ... Part of the difficulty in connecting mining operations to water contamination comes in not knowing how uranium travels through water ...
Read MoreThe Company's quarterly bitcoin production since commencement of our mining operations was as follows: Miner Fleet Update . As of September 30, …
Read MoreTheta Gold Mines propositioned shareholders, which includes China-based mining giant Shandong Gold, with an offer to acquire all Focus shares via a two TGM for every one Focus share held exchange this morning. The deal values Focus shares at roughly 36 cents each and represents what Theta says is a 41.2 per cent on Focus' December 8 closing ...
Read MoreNEW YORK, Oct. 5, 2021 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (the "Company" or "Bit Digital"), a Cayman Island exempted company, today announced that it has closed its previously announced private placement with institutional investors for the sale of 13,490,728 ordinary shares. The Company also issued to the investors unregistered warrants to purchase …
Read MoreLocal authorities plan to shut down 26 companies that have been identified as potential crypto mining businesses by the State Grid. These companies are located across 15 hydro-rich counties in five...
Read MoreTAMPA, Fla., Oct. 19, 2021 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a technology-based specialty finance company that intends to expand into the cryptocurrency mining business, today announced the closing of its previously announced underwritten public offering of 6,315,780 shares of its …
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