Keywords: Mining


Hut 8 secures $9.8 billion AI data center lease to fully commercialize Texas campus

Hut 8 has signed a new long-term agreement worth $9.8 billion with an investment-grade customer, marking a major milestone in the company’s transformation from a cryptocurrency mining operator into an artificial intelligence infrastructure provider. The deal completes the commercial rollout of......

Global investment in critical minerals declines despite energy security concerns

Global investment in critical minerals declined in 2026 despite growing concerns over energy security and the need to diversify supply chains, according to the latest report from the International Energy Agency (IEA). The agency reported that worldwide spending on mining and mineral refining dropped......

Ghana advances mining law reform to tighten oversight and expand community participation

Ghana has taken another step toward overhauling its mining sector after the government approved amendments to the country's mining legislation for submission to Parliament, aiming to strengthen regulatory oversight, improve community involvement and combat illegal mining. The proposed reforms form......

Trafigura withdraws from major Angola power transmission project, sources say

Trafigura has withdrawn from plans to develop a major cross-border electricity transmission project that would have exported surplus hydropower from Angola to mining operations in the Democratic Republic of the Congo and Zambia, according to sources familiar with the matter. The proposed project envisioned......

UK’s FTSE 100 edges lower as Middle East tensions weigh on investor sentiment

London’s stock market moved slightly lower on Wednesday as renewed concerns over geopolitical tensions in the Middle East encouraged investors to adopt a cautious stance. The decline was mainly driven by weakness in mining companies, which offset gains recorded by energy stocks benefiting from......

BHP port workers move toward strike after wage negotiations reach deadlock

BHP is preparing for industrial disruption after negotiations between the mining company and port workers failed to produce a new agreement, prompting union representatives to confirm plans for protected strike action later this week. The Combined BHP Ports Union announced that discussions with management......

Aditya Birla Group plans $1.26 billion expansion of Odisha alumina refinery

India’s Aditya Birla Group has unveiled plans for a major expansion of its alumina production capacity in eastern India, with a proposed additional investment of $1.26 billion in its Kansariguda refinery project in Odisha. The expansion, to be carried out through group company Hindalco Industries,......

Tanzania strengthens foreign reserves with 28-ton gold acquisition

Tanzania has significantly expanded its official gold reserves, with the Bank of Tanzania purchasing approximately 28 metric tons of gold over the past 18 months as part of a broader strategy to reinforce foreign exchange reserves and support the national currency. According to central bank Governor......

Colombia president-elect appoints Jorge Eduardo Mora as defense minister amid security crackdown plans

Colombia’s president-elect Abelardo De La Espriella has named retired Major General Jorge Eduardo Mora as his incoming defense minister, signaling a tougher security agenda centered on confronting armed groups and organized criminal networks. The announcement, made on Monday, places Mora in charge......