Tag: mines

Battery Metal Price Plunge Is Closing Mines and Stalling Deals

(Bloomberg) — A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to reverberate through the industry for years. Most Read from Bloomberg Lithium — the ultra-light metal used in electric-vehicle batteries — has plunged more than […]

Russian attacks cut off power in 2 mines in Donetsk Oblast

Russian attacks in Donetsk Oblast caused power outages at two mines while 18 workers were inside, Ukraine’s Energy Ministry reported on Jan. 7. Over the winter of 2022-2023, Russia engaged in a persistent campaign to target Ukraine’s energy infrastructure, causing large-scale outages and damage to the grid. Russia began intensifying its attacks against Ukraine’s cities […]

Illegal Gold Mines Were Just Blown to Pieces in the Amazon

Nearly 20 illegal gold mines were blown up by the Colombian and Brazilian authorities in the Amazon this week, part of an ongoing attempt by both governments to combat an illicit trade that pollutes and degrades the area’s natural habitat. Aerial footage provided by the Colombian military shows a number of improvised mines in an […]