Latest News for: Mining offshore

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Sand mining company ordered to pay $500k in court costs in Pākiri beach case

RNZ 06 Nov 2024
McCallum Bros, which has mined offshore from Pākiri previously, was seeking to take up to two million cubic metres of sand from the area ... The company's attempt to gain consent to carry on mining had been a "horrendous" process, Elstob said.
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Circle CEO Jeremy Allaire Says Stablecoins To Become Regulated Financial Infrastructure ‘Everywhere’: Report

The Daily Hodl 05 Nov 2024
Allaire says USDC will assist with trade settlements in Hong Kong but not China, where crypto mining and trading is banned ... However, I do believe that we’ll see offshore stablecoins grow and we’ll see ...
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EDGE Group and Fincantieri Collaborate on Advanced Underwater Technologies

The Arabian Post 05 Nov 2024
Arabian Post - ... These technologies are poised to enhance both military and civil sectors, driving advancements in areas such as underwater surveillance, mine detection, and logistics support for offshore industries ... via Greenlogue.com.
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JAMES GORDON: What Zambia and SA have learnt about private sector investment

Business Day 04 Nov 2024
In doing so, it hopes that a boom in mining will catalyse growth throughout the economy, thereby shifting Zambia on to the road to middle-income status. SA is a mining colossus, but an oil and gas minnow.
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MinRes founder Chris Ellison to step down after internal probe uncovers misuse of resources, faces penalty

The Times of India 04 Nov 2024
Ellison, the firm’s biggest shareholder who led MinRes through its IPO back in 2006, was accused of being engaged in widespread misconduct including failing to properly disclose revenue from his ...
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Economist cautions Cook Islands amid US$467M net benefit findings

Cook Islands News 02 Nov 2024
Seabed mining may not yield the bonanza some are counting on, according to some commentators speaking at this week’s Deep Ocean Symposium ... He said the economic case of seabed mining is far from settled ...
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Opinion: Reality check: Struggling Americans are not thinking about Ukraine and China

The Tennessean 02 Nov 2024
In 1940, the leading industry in each district was manufacturing or mining ... Through a mixture of automation and offshoring, the United States witnessed a decline of between 3.5 million and 5 million ...
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Buckingham Palace issues response as Channel 4 accuses King Charles and Prince William of making...

The Daily Mail 02 Nov 2024
Collectively, the Duchies own thousands of mineral rights – and have cashed in by striking deals with controversial mining companies for sites across the country ... been contaminated by years of mining.
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New offshore platform taps into potential of heavy-oil reserves in China

Xinhua 01 Nov 2024
China National Offshore Oil Corporation (CNOOC) announced on Thursday that "Recai No.1" or "Thermal Recovery No.1", the mobile thermal-injection platform developed and built by China, has been delivered in waters off Weihai, Shandong.
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Wind power firm departs, amid fast-track controversy over seabed mining

RNZ 24 Oct 2024
Minister for Infrastructure Chris Bishop said both mining and offshore wind could be done, and that BlueFloat's decision was a "commercial" one.
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Chile targets US$1.5 billion in unpaid taxes from corporations

Blitz 23 Oct 2024
This 2017 investigation shed light on the ways corporate giants, including Swiss mining conglomerate Glencore, allegedly manipulated the offshore financial system to dodge taxes, a practice that has ignited public and political outrage worldwide.
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Bitcoin Miners Face An AI Dilemma

Brave New Coin 23 Oct 2024
Still, Thiel remains bullish about the potential for AI to transform Bitcoin mining ... Looking ahead, MARA plans to diversify its revenue streams, shifting 50% of its business away from Bitcoin mining to offshore operations over the next four years.
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SA fund managers optimistic about economic growth as second rate cut nears

Independent online (SA) 23 Oct 2024
What’s particularly noteworthy was the sentiment shift on the economy’s strength ... On a broader scale, mining and metals are thriving as fund managers reallocate their portfolios, favouring offshore investments while easing their local exposures.
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Multibagger Stock: Usha Martin gains 180% in 2 years, more than 3,180% since May 2020

Live Mint 22 Oct 2024
This expansion will focus on enhancing production capabilities for premium offerings such as crane ropes, compacted ropes, plasticated ropes, mining ropes, and oil and offshore ropes.Rapid ...
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UAE: Gold prices continue to rise; 22K reaches Dh306.5 per gram

Khaleejtimes 21 Oct 2024
Spot gold was trading at $2,739.9 per ounce at 6pm, up by 0.68 per cent ...Offshore gold ETFs saw inflows of $1.8 billion last week, and foreign gold mining ETFs attracted $208 million, a notable reversal from earlier outflows this year ... ALSO READ ... .

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