Latest News for: Mining compare

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Alarming Bitcoin Mining Costs: CoinShares Reports $82,162 in Q4 2024

Bitcoin World 26 Apr 2025
Get ready for some eye-opening numbers from the world of Bitcoin mining! A recent report from CoinShares has revealed a significant jump in the cost to produce one Bitcoin, reaching figures that might surprise many.
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Mountain Province Diamonds releases Q1 production results

Resource World 25 Apr 2025
... Mine in the Northwest Territories ... “For Q1 we saw the all-important total tonnes mined increase byh 28% when compared to Q1 of 2024,’’ said Mountain Province CEO Mark Wall ... NEX is a near-mine discovery.
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Despite higher prices, rising costs pull down Philex profits

Manila Bulletin 25 Apr 2025
Philex Mining Corporation reported a 32 percent drop in core net income to ₱71 million in the first quarter of 2025 from the ₱105 million earned in the same period last year as higher costs offset the impact of rising metal prices.
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Namibia's mining sector sees 1.2 pct contraction amid diamond slump

China.dot.org 25 Apr 2025
... of Mines of Namibia ... According to Kasete, uranium mining posted marginal growth of 1.8 percent in 2024, a considerable slowdown compared to the impressive growth rate of 29.6 percent achieved in 2023.
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Trump Order Puts Deep Sea Mining on Path to Commercialization

The Maritime Executive 25 Apr 2025
Canadian mining ... It is also possible that the sale of the metals may be challenged legally, according to environmental lawyer Duncan Currie, who compared unilateral high seas mining to illegal fishing.
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Resolute delivers solid Q1, maintains guidance amid strong operational performance

Mining Weekly 25 Apr 2025
This compares with 87 687 oz in the fourth quarter of 2024, with strong performances from ...
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Transnet's rail improvements usher in sales growth for Kumba Iron Ore

Independent online (SA) 25 Apr 2025
Finished stock of 7.8 million tons for the end of March compared to 7.5 million tons in December 2024 included stockpiles of 6.2 million tons at the mines and 1.6 million tons at the Port of Saldanha Bay.
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Centre steps up efforts to boost eco-friendly coal mining

Suryaa 24 Apr 2025
... up efforts with a robust incentive package to promote underground coal mining which is more environment-friendly, as it causes significantly less surface disruption compared to opencast operations.
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Widespread rains affect Amplats’ first-quarter production

Business Day 24 Apr 2025
... caused widespread flooding that affected Tumela mine at Amandelbult. The group said production at own-managed mines for the quarter to end-March was 462,000oz compared with 504,300oz a year ago.
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Weir Group posts 5% increase in Q1 orders, reiterates 2025 outlook

Mining 24 Apr 2025
“In our view, the underlying performance of Weir Minerals highlights not just a top-tier mining equipment play, but also traits comparable to those of much higher-rated ‘quality’ names in our wider coverage.” ....
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Bitcoin Miners: Massive LAPD Bust Recovers $2.7M in Stolen Crypto Hardware

Bitcoin World 24 Apr 2025
These types of rings often target high-value shipments, and in this case, the target included specialized computer hardware used for mining cryptocurrency ... The most significant portion of this haul was the stolen cryptocurrency mining equipment.
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Paladin achieves highest quarterly production since restart of Langer Heinrich mine

Mining Weekly 24 Apr 2025
... March 31, despite weather disruptions at its Langer Heinrich mine, in Namibia.
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Gold prices soar while the Fresnillo share price slumps. What gives?

The Motley Fool 23 Apr 2025
Compared to Q4 2024, gold production was down 23.5% and silver 9.7%. The declines were primarily attributable to lower ore grade and volume of ore processed at a number of its mines ... Mining challenges ... There’s no denying that mining operations are hard.
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Kuwait issues new statement on the illegality of crypto mining

Cryptopolitan 23 Apr 2025
Kuwait is one of the most affordable countries for crypto mining ... One roundup suggested the cost of mining in Kuwait was just $1,400 per BTC in 2022 compared to more than $18,000 in Texas (bitcoin was worth more than $40,000 at the time).
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Armed groups and junta profit as toxic mines devour southern Myanmar

Mongabay 23 Apr 2025
This is because while mining lead is more dangerous, the profit margin is staggeringly high compared to farming. Once mined, ... This has led to a mining boom in Tanintharyi, Myanmar’s southernmost region.

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