Russia’s lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia’s state-owned domestic news agency reported. The first law fully legalizes cryptocurrency mining in Russia from Nov. 1, 2024. Legal entities and individual entrepreneurs registered with
With the Legislature finalizing the Fiscal Year 2025 budget at the end of June, environmental advocates have praised the exclusion of funding for a controversial mining project as a win for natural preservation. On March 26, the Michigan Strategic Fund board approved $50 million for Copperwood Resources Inc., for the construction of the Copperwood Mine
VANCOUVER, British Columbia, July 02, 2024 (GLOBE NEWSWIRE) — Saga Metals Corp. (the “Company” or “Saga”), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that it has entered into an asset purchase agreement (the “APA”) with two arm’s length private vendors (the “Vendors”), pursuant to which the
Published by Jane Bentham, Editorial Assistant Global Mining Review, Friday, 21 Jun 24 Riverside Resources Inc. has announced it has completed acquisition and title transfer of the Maria Luisa Copper Property immediately north of Riverside’s Ariel Property thus consolidating
Venezuela’s Ministry of Electric Power announced it would disconnect all cryptocurrency mining farms from the national power grid (SEN, Sistema Electrico Nacional). The measure aims to control the high energy demand from these mining farms and ensure reliable service for citizens. AlbertoNews, a local media outlet, reported the announcement on May 18. “The purpose is
An EU-backed case study looks into Namibia’s critical raw materials and prospects for investment in the country’s mining industry. Industrial Technologies © FellowNeko/stock.adobe.com A recent case study assessing the investment potential of Namibia’s mining sector provides valuable insight into Europe’s goal to form strategic partnerships with African nations. The report is part of the EU-funded
The precious metals company Orla Mining Ltd. (TSX: OLA) significantly expanded its Nevada territory this week by closing its acquisition of Contact Gold and its 4,500-hectare Pony Creek property. The site is right next to Orla’s South Railroad project in the state’s Carlin gold trend. The acquisition also came with the Green Springs property, located