Finance News – Mining Sector
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Land court hears challenge against proposed $1 billion coal mine
The court is reviewing a dispute over the development of a large-scale coal project anticipated to significantly impact both the economy and environmental emissions over its operat...
Read Full Article →ASX down as bank shares fall; Nutella buys Corn Flakes
The decline in bank and consumer stock prices contributed to a slight downturn in the Australian stock market, despite gains in the mining sector, reflecting mixed investor sentime...
Read Full Article →IREN, BitFuFu notch June records as mining sector shows mixed signals
IREN achieved its highest monthly revenue of $68 million and hardware profits reached $51 million in June, highlighting notable financial performance amidst varied developments in...
Read Full Article →Cipher Mining Surpasses Hashrate Growth Forecasts at Black Pearl and Announces June 2025 Operational...
Cipher Mining's stronger-than-expected expansion of computing capacity at its Black Pearl facility suggests potential for increased revenue and enhanced market competitiveness in t...
Read Full Article →Bitcoin hashrate hits new high of 943 EH/s as difficulty adjusted down 0.45%
The recent increase in computational power, despite a slight reduction in network mining complexity, reflects growing investment in mining infrastructure aimed at sustaining profit...
Read Full Article →Biggest gold mine in Victoria greenlit to grow despite neighbours' woes
The approval for Fosterville Gold Mine's expansion is expected to boost local economic activity and employment opportunities, while addressing ongoing community concerns related to...
Read Full Article →Advance to follow up high-grade Vic gold hits with 10 drill holes
Advance Metals plans to continue exploring promising areas by adding ten new drill holes following positive results from their recent eight-hole gold drilling program.
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