HK, HongKong, July 4th, 2024, Chainwire ASIC MARKETPLACE is celebrating 3 remarkable years of leading the industry as the most reliable Asic sourcing platform, serving robust ASIC Miners across the world, marking phenomenal achievement and growth in the mining landscape. ASIC marketplace has been in the industry since 2021, whereContinue Reading
Singapore, Singapore, July 4th, 2024, Chainwire The industry-leading brand of DOGE and mining machines announced a new product line at the recent Mining Disrupt 2024 conference. FoundationLogic, the fabless semiconductor design company behind high-performance ElphaPex (DOGE) + Litecoin (LTC) miners, took center stage at Mining Disrupt 2024 in Miami, Florida,Continue Reading
RHJ/iStock via Getty Images Vale (NYSE:VALE) has selected veteran mining executive Shaun Usmar to take the helm of its base metals division, Bloomberg reported Wednesday. Usmar would bring more than 30 years of industry experience to the position, with his latest role as founder and CEO of streaming company TripleContinue Reading
thamerpic/iStock Editorial via Getty Images Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) is scrapping plans to sell its stake in Kazakh mining company Kazzinc after bids from potential buyers failed to match its valuation, Bloomberg reported Wednesday. Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) had been considering exiting the business following interest from Chinese buyers, but it hasContinue Reading
BTC Digital (NASDAQ:BTCT) announced the signing of a significant acquisition agreement, marking the successful purchase of an Arkansas-registered company. This acquisition includes a Bitcoin mining facility in Arkansas equipped with a 6MV long-term stable power load, with the total consideration for the purchase amounting to $1.99 million. With the completionContinue Reading
Md Majhrarul Alam Mining exploration company Silver X Mining (OTCQB:AGXPF) (TSXV:AGX:CA) said on Wednesday that David Gleit has been appointed CFO, effective immediately. Gleit succeeds Jason Tong, who is set to remain with the company as the corporate controller. The new CFO previously served as an independent consultant. Source: Press ReleaseContinue Reading
Sayona Mining (OTCQB:SYAXF) announces that Lucas Dow has been appointed to the role of Managing Director and CEO, effective July 3, 2024. Lucas, who previously served as a non-executive director of the company, will assume the MD and CEO roles after interim CEO James Brown’s handover. James will remain asContinue Reading
Mark Renders/Getty Images News BASF (OTCQX:BASFY) has abandoned plans to invest in lithium mining assets in Chile, as a slowdown in electric vehicle adoption worldwide drags down battery metal prices, Bloomberg reported Tuesday. BASF (OTCQX:BASFY) pulled out of initial talks with Wealth Minerals Ltd. (OTCQB:WMLLF), which owns exploration projects inContinue Reading
Investing.com — mining stocks outperformed the underlying cryptocurrency in June, driven by excitement around AI data centers, the value of power access, and a decline in network hashrate. According to a note from JPMorgan, dated Monday, these factors contributed to a 19% sequential increase in the aggregate market cap ofContinue Reading
1971yes/iStock via Getty Images The Biden administration on Friday blocked construction of the proposed 211-mile Ambler road used for accessing minerals in northern Alaska, saying it is protecting Native Alaskans and rural residents. The two-lane, all-season gravel road would have served a zinc and copper mine planned by Ambler Metals,Continue Reading
