Latest News for: Industry mining

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Lab-grown diamonds: girl’s best friend or cut-price sparklers?

The Observer 02 Oct 2022
“When lab-grown arrived, they were seen as a threat by the diamond industry,” says Jessica Warch, co-founder of LGD firm Kimaï ... Like many centuries’ old industries, the history of diamond mining is steeped in colonialism and abuse of human rights and the environment ... Our Brilliance range is at a lower price than mined diamonds.”.
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Kakadu uranium site clean-up in limbo amid calls to revive mine

The Observer 02 Oct 2022
Funding for the multibillion-dollar clean-up of the Ranger uranium mine, carved out of the Kakadu national park in the Northern Territory, has been thrown into limbo due to a corporate stoush over attempts to revive mining in the area ... “This report tells me the mining industry is not listening – it’s like we’re talking to ourselves.
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Bitcoin Mining as Bad for Planet as Oil Drilling, Scientists Say

Futurism 01 Oct 2022
When it comes to environmental harm, Bitcoin mining is worse than extracting gold and comparable to the environmentally destructive industries tied to crude oil and cattle farming, a new study has found ... The researchers suggested that Bitcoin mining is as energy-intensive as beef ...
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Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies

Bitcoin 01 Oct 2022
The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector ... Kazakhstan became a magnet for crypto miners following China’s crackdown on the industry and the influx of mining businesses has caused a growing power deficit.
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Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners

Bitcoin 01 Oct 2022
With its low, subsidized electricity rates, Kazakhstan attracted numerous mining companies after the Chinese government cracked down on the industry last year ... electricity supplies for its crypto mining industry? Share your thoughts on the subject in the comments section below.
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VED to suggest changes in mining policy at Mincon-22

The Times of India 01 Oct 2022
Vidarbha Economic Development Council (VED) has come up with suggestions for the state’s mining policy, including points like securing environment clearance before auctioning mines, doing away with upfront payment of royalty, ease of doing business, and getting forest clearance through a state government agency.
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Editorial: A lesson that should be obvious: No mining next to a school

The Post and Courier 01 Oct 2022
James Santee Elementary-Middle School by rejecting a request for a new sand mine on 20 acres next door. We also encourage everyone involved in this industry — businesses, state regulators and conservation groups — to work cooperatively and expeditiously to update the state’s rules on these valuable but potentially destructive operations.
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We won’t relent in fighting galamsey – Abu Jinapor

Ghana Business News 01 Oct 2022
Mr Samuel Abu Jinapor, the Minister of Lands and Natural Resources, says government is fully committed to fighting against illegal mining, popularly known as ‘galamsey’. He said despite the numerous challenges hindering the fight against the menace, government would fight relentlessly to bring sanity in the small-scale mining industry.
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Pay hike for Maharashtra police officials posted in Naxal-hit Gadchiroli

Indian Express 01 Oct 2022
The deputy CM said that the state government would make a concerted effort to promote industrial development, better the livelihood, and generate employment in the region. “The Konsari iron ore mining project will be fast-tracked. The district resources through mining will be utilised as development funds for the holistic growth of the district.
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Iranian, Russian auto parts manufacturers make good interactions, contracts

Irna 01 Oct 2022
This Iranian official said that for developing commercial and industrial ties between Iran and Russia, a joint committee consisting of the public and private sectors of Iran, the Ministry of Industry, Mines and Trade, Iran Trade Promotion Organization, and the Iranian Association ...
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Consumer watchdog taking aim at ‘buy now, pay later’ lenders

Lima Ohio 01 Oct 2022
The nation’s consumer watchdog plans to start regulating the booming “buy now, pay later” industry, voicing concerns about potential abuses, data mining and consumers being enticed to overextend themselves ... Some of the big players in the industry include Affirm, Afterpay, Klarna, Paypal and Zip.
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Over 120,000 tons of copper cathode produced in 5 months

Tehran Times 01 Oct 2022
TEHRAN- According to the data released by Iran’s Ministry of Industry, Mining and Trade, 122,600 tons of copper cathode was produced in the country during the first five months of the current Iranian calendar year (March 21-August 22) ... .
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Nigeria: CBN Raising Interest Rates Is Unidirectional, to Affect Businesses Negatively - NACCIMA

All Africa 01 Oct 2022
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has disagreed with the raising of interest rate as the move in an unexpected, non-supposing time and one directional ....
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Our industrial strength

Dawn 01 Oct 2022
HOW can we measure the industrial strength of our country? The strength of a human being is the force exerted by his muscles ... While there is no simple indicator of industrial strength it can be argued that the production of iron and steel and its share in industry largely determines a country’s industrial strength.

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