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Keywords: Mining


Freeport confirms seven deaths after Grasberg mine disaster in Indonesia

Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......

GOAT Foundation unveils $GOATED token with 1 billion supply and mining rewards

The GOAT Foundation has announced the launch of its native cryptocurrency, $GOATED, designed to power the GOAT Network, a Bitcoin Layer 2 solution leveraging ZK Rollup technology. The token will serve as both a governance tool and a reward system, with up to 40% of its supply allocated to mining rewards. Tokenomics......

Xtract Resources secures Moroccan exploration licenses, reviving antimony mining potential

London-based diversified metals and minerals producer Xtract Resources Plc has acquired two exploration licenses in Morocco’s Khenifra province, signaling a strategic move to tap into the region’s mineral wealth. The licenses, purchased through its 80%-owned subsidiary Wildstone SARL for......

Aya Gold & Silver unveils promising gold discovery in Morocco

Aya Gold & Silver has announced the discovery of a potential new gold zone in Morocco, further advancing its exploration efforts in the country. The Canadian mining company revealed on Monday that the find was made at the Asirem site, located west of the Boumadine corridor. Aya described the area......

Morocco’s industrial sector grows 7% in second quarter as manufacturing and mining thrive

Morocco’s industrial landscape demonstrated strong growth in the second quarter of 2025, with overall industrial output rising 7% year-on-year, according to the High Commission for Planning (HCP). This performance underscores robust expansion in manufacturing, mining, and energy sectors, buoyed......

Managem reports stable revenue of 4.42 billion dirhams in first half of 2025

The Moroccan mining group Managem announced that its revenue reached 4.42 billion dirhams (MMDH) in the first half of 2025, showing near stability compared to the same period in 2024. According to its financial communication, the second quarter revenue stood at 2.09 billion dirhams, down from 2.47 billion......

AI-crypto link grows as Microsoft-Nebius deal boosts mining stocks

In an unprecedented move highlighting the intersection of artificial intelligence and cryptocurrency, Microsoft has entered a five-year, US$17.4 billion agreement with Netherlands-based Nebius to supply GPU infrastructure for AI operations. The deal, which could expand to US$19.4 billion, underscores......

Siton Mining unveils XRP-powered Bitcoin mining model for accessible profits

Siton Mining, a UK-based cloud mining company established in 2016, has introduced an innovative XRP-powered mining model designed to simplify Bitcoin mining for investors. This approach allows users to reap Bitcoin profits without the need for costly mining hardware, addressing the demand for low-barrier......

Morocco urges Africa to adopt sustainable mining governance framework

Morocco has renewed its appeal for African nations to establish a continent-wide mining framework that prioritizes governance, environmental protection, and social responsibility. Addressing the “Mauritanid” Energy and Mining Conference in Nouakchott, Leila Benali, Morocco’s Minister......