Mines And Minerals
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20 Killed, 8 Injured After Armed Men Open Fire At Pakistani Coal Miners
At least 20 miners were killed and eight others were injured early Friday when unidentified armed men attacked their coal mines in Pakistan's restive Balochistan province.
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India Advances Deep-Sea Mining With Varaha-3, Collecting Vital Polymetallic Nodules
The National Institute of Ocean Technology (NIOT) has successfully conducted trials with the Varaha-3 seabed mining machine in the Andaman Sea, reaching depths of 1,193 metres. This innovative machine collected polymetallic nodules, rich in crucial metals such as nickel, cobalt, and copper, essential for renewable energy and electric vehicle indust...
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IMF Says Crypto Industry's Carbon Footprint Rising; Officials Mull Tax Surge to Curb Emissions
IMF officials have raised concerns about the crypto sector's carbon emissions and are considering whether a tax increase on crypto mining could help reduce its carbon footprint. In a blog post, the officials suggested that an 85 percent tax hike on power usage by crypto miners could potentially cut the sector's annual emissions by an estimated 100 ...
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Big Win For Mineral Rich States In Court, Can Collect Past Dues On Royalty
The Supreme Court today allowed mining-rich states to collect past dues on royalties from mining companies. The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.
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Centre Opposes Pleas Seeking Refund Of Royalty On Minerals To States Retrospectively
The Centre today opposed in the Supreme Court a plea of the mineral-rich states seeking refund of the royalty levied by it on mines and mineral-bearing land since 1989.
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3 Killed, 4 Injured After Coal Mine Collapses In Pakistan
Three coal miners were killed and four others injured when a coal mine collapsed in northwestern Pakistan, police said.
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Jack Dorsey-Backed Bitcoin Miner ‘Ocean’ Moves Headquarters to El Salvador
Ocean, a Bitcoin mining pool backed by Jack Dorsey, has established its global headquarters in El Salvador. In the coming months, Ocean plans to bring awareness and training programmes around Bitcoin to the Salvadoran citizens.
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Australia's Richest Woman Demands Gallery To Remove Her ''Unflattering'' Portrait, Artist Responds
The 70-year-old is the Executive Chairwoman of Hancock Prospecting, a privately owned mineral exploration and extraction company worth an estimated $30.6 billion.
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Jack Dorsey’s Block Platform Creates Chip for Bitcoin Mining, Plans to Create Full BTC Mining System
Jack Dorsey, through his payments firm Block, has announced that the creation of its Bitcoin mining chip has been completed. Following months of research and development, Block has managed to create a 3nm Bitcoin mining chip.
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Bitcoin Miners Begin Token Offloading Hoping to Retain Profits Before Upcoming Halving
Bitcoin miners are sprinting to sell portions of their BTC tokens to bag profits from BTC’s current raised prices ahead of the upcoming halving event. After halving, the block reward obtained by miners will be reduced in half, reducing their incentives for mining Bitcoin blocks and slowing down the addition of new tokens.
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"Entire Universe" Of Mineral Development Not Under Parliament: Supreme Court
The Supreme Court said on Wednesday the Constitution does not give Parliament the "entire universe" of mineral development and states also have powers to regulate and develop mines and minerals.
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Chhattisgarh Mining Contractors Paid Huge Kickbacks To Officials: Probe Agency
The Enforcement Directorate on Monday alleged that mining contractors linked to the District Mineral Fund in Chhattisgarh paid "huge amounts of illegal gratification" to state officials and political executives in exchange for official work tenders.
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"No Interest In Supplying Iron Ore To China": Indian Mining Firm NMDC
India's largest state-owned iron ore miner, NMDC Ltd, on Thursday said it has no plans to sell iron ore to China and it is scaling up production to meet domestic demand.
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Applications Invited For Research In Mining Sector, Check Details
Institutions recognised by the Department of Scientific and Industrial Research, Government of India can submit the proposals on the SATYABHAMA Portal by December 4, 2023.
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Parliament Passes Bill To Allow Private Sector To Mine 6 Atomic Minerals
A bill that seeks to allow the private sector to mine six out of 12 atomic minerals, including lithium, and deep-seated minerals such as gold and silver was passed by Rajya Sabha today.
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20 Killed, 8 Injured After Armed Men Open Fire At Pakistani Coal Miners
At least 20 miners were killed and eight others were injured early Friday when unidentified armed men attacked their coal mines in Pakistan's restive Balochistan province.
-
India Advances Deep-Sea Mining With Varaha-3, Collecting Vital Polymetallic Nodules
The National Institute of Ocean Technology (NIOT) has successfully conducted trials with the Varaha-3 seabed mining machine in the Andaman Sea, reaching depths of 1,193 metres. This innovative machine collected polymetallic nodules, rich in crucial metals such as nickel, cobalt, and copper, essential for renewable energy and electric vehicle indust...
-
IMF Says Crypto Industry's Carbon Footprint Rising; Officials Mull Tax Surge to Curb Emissions
IMF officials have raised concerns about the crypto sector's carbon emissions and are considering whether a tax increase on crypto mining could help reduce its carbon footprint. In a blog post, the officials suggested that an 85 percent tax hike on power usage by crypto miners could potentially cut the sector's annual emissions by an estimated 100 ...
-
Big Win For Mineral Rich States In Court, Can Collect Past Dues On Royalty
The Supreme Court today allowed mining-rich states to collect past dues on royalties from mining companies. The court ordered that states can impose levies with effect from April 1, 2005 and the payments will be staggered in 12 years.
-
Centre Opposes Pleas Seeking Refund Of Royalty On Minerals To States Retrospectively
The Centre today opposed in the Supreme Court a plea of the mineral-rich states seeking refund of the royalty levied by it on mines and mineral-bearing land since 1989.
-
3 Killed, 4 Injured After Coal Mine Collapses In Pakistan
Three coal miners were killed and four others injured when a coal mine collapsed in northwestern Pakistan, police said.
-
Jack Dorsey-Backed Bitcoin Miner ‘Ocean’ Moves Headquarters to El Salvador
Ocean, a Bitcoin mining pool backed by Jack Dorsey, has established its global headquarters in El Salvador. In the coming months, Ocean plans to bring awareness and training programmes around Bitcoin to the Salvadoran citizens.
-
Australia's Richest Woman Demands Gallery To Remove Her ''Unflattering'' Portrait, Artist Responds
The 70-year-old is the Executive Chairwoman of Hancock Prospecting, a privately owned mineral exploration and extraction company worth an estimated $30.6 billion.
-
Jack Dorsey’s Block Platform Creates Chip for Bitcoin Mining, Plans to Create Full BTC Mining System
Jack Dorsey, through his payments firm Block, has announced that the creation of its Bitcoin mining chip has been completed. Following months of research and development, Block has managed to create a 3nm Bitcoin mining chip.
-
Bitcoin Miners Begin Token Offloading Hoping to Retain Profits Before Upcoming Halving
Bitcoin miners are sprinting to sell portions of their BTC tokens to bag profits from BTC’s current raised prices ahead of the upcoming halving event. After halving, the block reward obtained by miners will be reduced in half, reducing their incentives for mining Bitcoin blocks and slowing down the addition of new tokens.
-
"Entire Universe" Of Mineral Development Not Under Parliament: Supreme Court
The Supreme Court said on Wednesday the Constitution does not give Parliament the "entire universe" of mineral development and states also have powers to regulate and develop mines and minerals.
-
Chhattisgarh Mining Contractors Paid Huge Kickbacks To Officials: Probe Agency
The Enforcement Directorate on Monday alleged that mining contractors linked to the District Mineral Fund in Chhattisgarh paid "huge amounts of illegal gratification" to state officials and political executives in exchange for official work tenders.
-
"No Interest In Supplying Iron Ore To China": Indian Mining Firm NMDC
India's largest state-owned iron ore miner, NMDC Ltd, on Thursday said it has no plans to sell iron ore to China and it is scaling up production to meet domestic demand.
-
Applications Invited For Research In Mining Sector, Check Details
Institutions recognised by the Department of Scientific and Industrial Research, Government of India can submit the proposals on the SATYABHAMA Portal by December 4, 2023.
-
Parliament Passes Bill To Allow Private Sector To Mine 6 Atomic Minerals
A bill that seeks to allow the private sector to mine six out of 12 atomic minerals, including lithium, and deep-seated minerals such as gold and silver was passed by Rajya Sabha today.
