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China's New Mining Tech Fastens Rare Earth Element Production, Reduces Pollution: Report
China is the world's largest producer of rare earth elements, accounting for around 70 per cent of global production and 90 per cent of processing.
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World's Largest Gold Deposit Found In China, Valued At A Staggering Rs 7 Lakh Crore
A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.
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China Unearths Massive Gold Deposits That Could Be the Largest in the World
In a groundbreaking discovery, China has uncovered a massive gold deposit in Hunan province, estimated to be worth $83 billion. With more than 40 gold veins containing up to 1,100 tons of gold, this find could potentially be the largest known gold deposit on Earth. The discovery has significantly impacted global gold prices, pushing them close to r...
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TSMC Said to Suspend Shipments to China Firm After Chip Found on Huawei AI Processor
TSMC is said to have halted shipments to the China-based company Sophgo following the discovery of its chip in a Huawei AI processor. Huawei faces restrictions on purchasing such technology to safeguard U.S. national security. The means by which the chip was incorporated into the Huawei product remains undetermined by Reuters.
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Crypto Mining Banned in Venezuela, Thousands of Machines Seized
The government of Venezuela has joined forces with the national electrical system to identify and disconnect crypto mining farms from the power grid in the course of the coming few days. The Venezuelan Ministry of Electrical Energy (MPPPE) has already kick started a power supply control plan to bust crypto mining clusters.
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Video of Chinese Manager Beating African Workers Sparks Racism Debate
This is not the first time that such incidents have been reported. In April last year, news agency ANI carried a report that highlighted the ill treatment of African workers by Chinese project managers.
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ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
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"No Interest In Supplying Iron Ore To China": Indian Mining Firm NMDC
India's largest state-owned iron ore miner, NMDC Ltd, on Thursday said it has no plans to sell iron ore to China and it is scaling up production to meet domestic demand.
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12 Dead, 13 Injured In Coal Mine Accident In China: Report
Twelve people have been killed and 13 others injured in a mining accident in northeast China, state media reported on Thursday.
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16 Killed In Accident At State-Owned Coal Mine In China
Sixteen people were killed in a coal mine accident in Panzhou city in southern China's Guizhou province on Sunday, according to a filing by the mine's owner, Guizhou Panjiang Refined Coal Co, with the Shanghai Stock Exchange on Monday.
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11 Killed In China Coal Mine Explosion: Report
At least 11 people were killed in a coal mine explosion in China's Shaanxi province on Monday. Nine people who were trapped inside and were "found with no vital signs", the CCTV footage showed.
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Moon Mining: Why Nations Are Eyeing A "Lunar Gold Rush"
Russia launched its first moon-landing spacecraft in 47 years on Friday amid a race by major powers including the United States, China and India to discover more about the elements held on the earth's only natural satellite.
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Bill Gates In China To Meet With Development Partners
Bill Gates was in China on Thursday to meet with global health and development partners, following a string of recent visits to the Asian giant by US business titans.
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Bhutan Seeking Investment for $500 Million Fund for Green Crypto Mining in Himalayas
Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
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US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
-
China's New Mining Tech Fastens Rare Earth Element Production, Reduces Pollution: Report
China is the world's largest producer of rare earth elements, accounting for around 70 per cent of global production and 90 per cent of processing.
-
World's Largest Gold Deposit Found In China, Valued At A Staggering Rs 7 Lakh Crore
A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.
-
China Unearths Massive Gold Deposits That Could Be the Largest in the World
In a groundbreaking discovery, China has uncovered a massive gold deposit in Hunan province, estimated to be worth $83 billion. With more than 40 gold veins containing up to 1,100 tons of gold, this find could potentially be the largest known gold deposit on Earth. The discovery has significantly impacted global gold prices, pushing them close to r...
-
TSMC Said to Suspend Shipments to China Firm After Chip Found on Huawei AI Processor
TSMC is said to have halted shipments to the China-based company Sophgo following the discovery of its chip in a Huawei AI processor. Huawei faces restrictions on purchasing such technology to safeguard U.S. national security. The means by which the chip was incorporated into the Huawei product remains undetermined by Reuters.
-
Crypto Mining Banned in Venezuela, Thousands of Machines Seized
The government of Venezuela has joined forces with the national electrical system to identify and disconnect crypto mining farms from the power grid in the course of the coming few days. The Venezuelan Ministry of Electrical Energy (MPPPE) has already kick started a power supply control plan to bust crypto mining clusters.
-
Video of Chinese Manager Beating African Workers Sparks Racism Debate
This is not the first time that such incidents have been reported. In April last year, news agency ANI carried a report that highlighted the ill treatment of African workers by Chinese project managers.
-
ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
-
"No Interest In Supplying Iron Ore To China": Indian Mining Firm NMDC
India's largest state-owned iron ore miner, NMDC Ltd, on Thursday said it has no plans to sell iron ore to China and it is scaling up production to meet domestic demand.
-
12 Dead, 13 Injured In Coal Mine Accident In China: Report
Twelve people have been killed and 13 others injured in a mining accident in northeast China, state media reported on Thursday.
-
16 Killed In Accident At State-Owned Coal Mine In China
Sixteen people were killed in a coal mine accident in Panzhou city in southern China's Guizhou province on Sunday, according to a filing by the mine's owner, Guizhou Panjiang Refined Coal Co, with the Shanghai Stock Exchange on Monday.
-
11 Killed In China Coal Mine Explosion: Report
At least 11 people were killed in a coal mine explosion in China's Shaanxi province on Monday. Nine people who were trapped inside and were "found with no vital signs", the CCTV footage showed.
-
Moon Mining: Why Nations Are Eyeing A "Lunar Gold Rush"
Russia launched its first moon-landing spacecraft in 47 years on Friday amid a race by major powers including the United States, China and India to discover more about the elements held on the earth's only natural satellite.
-
Bill Gates In China To Meet With Development Partners
Bill Gates was in China on Thursday to meet with global health and development partners, following a string of recent visits to the Asian giant by US business titans.
-
Bhutan Seeking Investment for $500 Million Fund for Green Crypto Mining in Himalayas
Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
-
US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
