mining
Bitcoin mining stocks are under intense pressure as the BTC price continues its remarkable collapse. Marathon Digital (MARA) stock price dropped by more than 2.7% on Monday while Riot Platforms (RIOT) crashed by over 3.56%. Other mining companies like CleanSpark, Iris Energy, Hut 8 Group, and Bitfarms have also retreated. Bitcoin has formed a risky patternThe main catalyst or the ongoing sell-off is the ongoing Bitcoin plunge. Bitcoin has dived by over 17% from its highest point this year and is approaching the bear market. In most cases, Bitcoin mining companies tend to underperform the marke...
Invezz
By Aimee Gabay More than half of Australia’s mines producing the minerals needed for clean energy technology lie within formally recognized Indigenous lands, new research shows — with that figure rising to nearly four-fifths if land subject to claims of native title that haven’t yet been determined are included. Many First Nations peoples say there hasn’t been fair compensation or benefit sharing from this bonanza so far, and that new projects, many incentivized by the government, must consider their rights and interests. The study, published in Energy Research & Social Science, focused on 14 ...
Mongabay
Bitfarms Ltd (NASDAQ: BITF) opened about 10% down on Monday after Riot Platforms Inc (NASDAQ: RIOT) withdrew its $2.30 per share offer to takeover the bitcoin miner. Shares of Riot Platforms are also in the red at writing. Why did Riot Platforms withdraw its offer for Bitfarms?Bitfarms recently rejected the aforementioned proposal that valued it at about $950 million. The decision to withdraw that offer, however, does not suggest that Riot Platforms is no longer interested in buying BITF. Instead, it stems from the acquirer’s assessment that it needs changes at the acquiree’s board to move for...
Invezz
Bitfarms (NASDAQ: BITF) and Riot Platforms (NASDAQ: RIOT) stock prices have been in the spotlight in the past few weeks. BITF has surged by over 78% in the past 30 days, giving it a market cap of over $1.19 billion. RIOT has dropped by almost 8% in the same period. Riot Platforms wants BitfarmsBitfarms shares have jumped sharply after Riot Platforms made a bid for the Canadian company in April. It wanted to acquire it in a $950 million transaction, which Bitfarms has rejected saying that it undervalued the company. Since then, Riot has become one of Bitfarms biggest shareholders with a 14% sta...
Invezz
Glencore (LON: GLEN) share price has pulled back sharply this month as trades focus on the falling copper prices. The stock crashed to a low of 465p on Tuesday, down by more than over 8% from its highest point this year. Volatility in the commodities marketGlencore’s stock price has crashed hard as investors focus on the happenings in the commodities market. Copper has tumbled by over 12% from the highest point this year even as investors predict strong demand this year. In a note this week, analysts at Deutsche Bank said that copper will jump to $9,000 per ton in the long term. Glencore benef...
Invezz
The Santa Barbara mining trail in Sardinia weaves through sand dunes, oak forests and cliffs high above the Mediterranean. It also follows in the footsteps of miners, and unlocks part of the history of this stunning Italian island. To help young visitors get better acquainted with Sardinia - beyond its beaches \- the Cammino Minerario di Santa Barbara Foundation (CMSB) is offering free accommodation to under-35s who want to hike the 500 kilometre trail. Here’s what you need to know. Croatia, Greece, Austria: Which European destinations have the cleanest water for swimming?Sensory hiking and an...
Euronews (English)
BHP and Anglo American have finally ended weeks of tense negotiation talks, with BHP recently pulling out of the takeover deal after three rejected bid proposals. Anglo American, which refused to further extend the deadline for BHP to come back with a revised fourth proposal, left BHP with little choice under British law but to withdraw and not offer again for at least six months. Some of BHP's conditions for the takeover included Anglo American needing to divest its businesses in South Africa, such as Anglo American Platinum and Kumba Iron Ore. The requirements had already faced major backlas...
Euronews (English)
By Arturo TorresDan Collyns The road leading to Podocarpus National Park winds around lush, forested mountains that seem to stretch endlessly on the horizon. Covering 1,463 square kilometers (565 square miles), the park stretches from the foothills of the eastern Andes into the rainforest, straddling the southern Ecuadorian provinces of Loja to the west and Zamora Chinchipe to the east. It extends from the foggy alpine shrubland known as the páramo, at 3,600 meters (11,800 feet) above sea level, down into tropical forest at 900 m (3,000 ft), with waterfalls and boulder-strewn crystalline river...
Mongabay
De vraag naar koper in een diverse reeks industrieën is dit jaar gestegen, terwijl de wereldeconomie blijft bloeien. De prijs van het industriële metaal bereikte dinsdag zelfs een recordhoogte. Hier vindt u de top drie van aandelen die het meest zouden kunnen profiteren van de recordkoperprijs. BHP Group Ltd (NYSE: BHP)BHP is een prima keuze om in te spelen op de aanhoudende vraag en vervolgens de stijgende prijs van koper, aangezien het één mijn in Australië en nog een aantal in Zuid-Amerika exploiteert. Het in New York genoteerde bedrijf is ook de moeite waard om te bezitten omdat het een be...
Invezz - NL
La domanda di rame in una serie diversificata di settori è aumentata quest’anno mentre l’economia globale continua a prosperare. Martedì, infatti, il prezzo del metallo industriale ha raggiunto il massimo storico. Ecco i primi tre titoli che potrebbero beneficiare maggiormente del prezzo record del rame. BHP Group Ltd (NYSE: BHP)BHP è un’ottima scelta per sfruttare la continua domanda e il conseguente aumento del prezzo del rame poiché gestisce una miniera in Australia e molte altre in Sud America. Vale la pena possedere l’azienda quotata a New York anche perché detiene una partecipazione del ...
Invezz - IT
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