Category: Services

How the moon mining industry is being driven out of business

Mining is a dying industry.That’s the conclusion of a report released Thursday by the National Mining Association, which says that the industry’s mining profitability has been “in tatters” for more than a decade.The report said the industry has lost roughly 40 percent of its mining workforce since the 1970s, when the government mandated the creation…



The XMR mining pool’s first ever home

XMR Mining, a cryptocurrency mining pool in Austin, Texas, has opened its first-ever home.The mining pool, which launched earlier this year, is now listed on the Coinbase exchange.It is one of three mining pools to open in Texas.The other two, Bitcoin Hashrate and BH2, are based in Austin.XMR Mining was founded in March by Brian…



How London miners’ strike to affect mining in the North

London mining magnate Andrew Fitch has been banned from working in the City of London as part of a strike against what he claims is “abusive” terms in the agreement to build the Northern Powerhouse.Fitch and the rest of the owners of the North Powerhouse have been told they must agree to a new “strike”…



How to mine Orange Mining in India

By: Rajesh Kumar | Published: October 01, 2018 01:31:10The Indian mining giant Ora Group is looking to become a global player in the mining industry.This is a big step forward for the company, which has been in the spotlight recently over its handling of a massive mining disaster in its southern state of Gujarat.Ora is…



Mining Journal obits the death of Genesis Mining’s founding chairman

Mining Journal, an obituary journal published in South Africa, has removed the article by Genesis Mining founder Rhett Molloy, which read: “Rhett Mlloy was born on January 13, 1951 in the village of Mpumalanga, South Africa and moved to South Africa at the age of 13, where he worked in a gold mining operation and…



U.S. Mining Companies Hit By ‘Data Mining’ Threats,Report Says

BY JONATHAN HANSON / Reuters U.N. High Commissioner for Refugees (UNHCR) spokesman Robert Lippert said the U.K. has a right to take steps to stop data mining of data, but that the UK should not attempt to ban mining.The UN high commissioner for refugees said in a statement that “the U.KS. has the right to…



When it comes to lithium mining stocks, the market is a mess

BY MARK LEVINS / Contributor AUSTIN, Texas (AP) Lithium mining stocks are in a tailspin.The market has been battered by the global downturn in the price of lithium and other metals and is reeling from a slump in global demand.And with no major global event this year, investors are watching the markets closely for signs…



What we know about the massive West Australian coal mine disaster

West Australian mining company WMG, which owns a coal mine in the state’s Pilbara region, has been found guilty of a massive coal mine collapse that killed more than 600 people and damaged 1.5 million homes.The mine collapsed on August 24, 2015, after heavy rain and high winds caused the underground mine to collapse into…



How to mine bitcoin without expensive hardware

Bitcoin mining equipment, which costs hundreds of thousands of dollars, has been making headlines this week as it becomes more popular than ever.The bitcoin industry is already the second biggest in the world, and now it is the second most popular cryptocurrency in Australia, according to data from BitAccess.However, the price of mining equipment is…



When it comes to minerals, the mining industry is getting a raw deal

Posted October 11, 2018 12:01:00For the first time in history, Australia’s top miners are facing a tough time.They’re facing the prospect of being unable to drill for any minerals in the near future and having to re-work their business model.“We’re not sure we’ll be able to drill any more, but it’s a good time to…