We all know how big of a boom Bitcoin created when it was introduced nearly a decade ago. However, in the last few years, it became infamous because of the amount of energy used for mining. The ...
The world needs mining, but mining is broken. Mining companies today face a complexity of problems: spiraling costs, government intervention, deepening pits, lower ore grades, lack of community trust, ...
In a remote corner of Canada’s north lies the Yukon – a territory that is renowned for both its legendary mineral potential and its storied mining history. But while the Yukon only produced 2.2% of ...
Opencast mining involves scraping at the ground’s surface, while room and pillar mining occurs below ground. Likewise, longwall mining uses heavy machinery to dig at coal seams beneath the surface.
The market price of gold has been tumbling. And logic and economics dictate that if the price of gold falls below the cost of mining gold, then miners will stop mining for gold. If miners stop mining ...
A new report released from the World Gold Council shows that the gold mining industry directly contributed around US$83.1 billion to the global economy in 2013. Click on the infographic to enlarge ...
Shae of total power used by computers of Bitcoin mining (hashrate), by country Statista/IBT Back in September 2019, Bitcoin miners in China accounted for a massive 76 percent of all computer energy ...
In October 2022, Canada-based Atomic Minerals Corporation announced it had “acquired by staking” more than 6,500 acres of public land on Harts Point in southeastern Utah, a sandstone mesa just outside ...