Mining

by Anita Parbhakar-Fox, Kamini Bhowany, Kristy Guerin, Laura Jackson and Partha Narayan Mishra, The Conversation Many waste rock piles hold hidden stores of valuable minerals. Credit: Shutterstock To go green, the world will need…

The Granny Smith gold mine in Australia, operated by Gold Fields, which has been working to diversify its operations outside of South Africa. Photo: Carla Gottgens/Bloomberg News…

Read All Read All FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

A cryptocurrency mining rig at BWS' mining facility in KY. Source: Blockware SolutionsBlockware Solutions (BWS) announced Wednesday that it's partnering with SEVA -- a climate-focused company working to recreate mine lands and economies in West Virginia -- to support its solar farm endeavor. The new mining facility will be powered by West Virginia's PJM power grid as well as the new solar farm. Construction on the 150-megawatt Bitcoin mining facility is expected to begin in the fourth quarter of 2022.The partnership…

For a long time, we’ve been hearing that cobalt is terrible. Its mining is linked to child labor, environmental damage, and loss of habitat to local wildlife — and its use is increasing.  But there are some signs for the better. We decided to take a look. The numbers are going up According to The Cobalt Institute, electric vehicles are the highest drivers of cobalt demand, consuming 59,000 tonnes, or 34% of the global total in 2021.  EVs are the biggest users of cobalt. Credit: Cobalt…

Tesla has delivered four Megapacks to a giant new Bitcoin mining facility in Texas that is going to be the first to be powered by the automaker’s solar and batteries. Last month, the project was announced as a partnership between Tesla, Blockstream, and Jack Dorsey’s Blocks (formerly Square). The idea is to build a new 30 Petahashes per second open-source Bitcoin mining facility powered by a 3.8 MW solar farm and 12 MWh Megapack system provided by Tesla. Blockstream raised ~$40 million for the project through a…

Humpaback whale in Bristol Bay, AlaskaEnrique Aguirre Aves | Photodisc | Getty ImagesThe Biden administration on Wednesday moved to ban the disposal of mining waste in Alaska's Bristol Bay watershed, potentially halting the controversial Pebble Mine project that's been disputed for more than a decade.If finalized, the proposal from the Environmental Protection Agency would protect one of the world's largest salmon fisheries and block a plan to mine in the southern Alaska watershed for copper, gold and other metals.The…

Glencore GLNCY 1.47% PLC is set to settle long-running U.S. corruption investigations on Tuesday, finally resolving criminal probes into its global mining and trading business that have hung over the company for years, according to people familiar with the matter. Glencore, or a subsidiary of the company, will also plead guilty to violating the Foreign Corrupt Practices Act, the people said. The company said in a…

The Colorado School of Mines in the fall of 2018 became the first university in the nation to offer advanced degrees in space resources, and that focus looks like it is paying off by drawing the attention of firms in the emerging field. Karman+, a space mining startup based in the Netherlands, is looking to plant its flag in either Denver, the United Kingdom or Luxembourg. To help sway the decision, the Colorado Economic Development Commission on Thursday approved $1.29 million in job growth incentive tax credits to the…

By September 2021, China made up just over 22% of the total bitcoin mining market, according to Cambridge University research.Paul Ratje | The Washington Post | Getty ImagesBitcoin miners aren't giving up in China despite Beijing's ban on the practice.China was once the world's biggest crypto mining hub, accounting for between 65% to 75% of the total "hash rate" — or processing power — of the bitcoin network.But the country's share of global bitcoin mining capacity plummeted to zero in July and August 2021, according to…