#Mining

Bitcoin mining giants eye Middle East, Europe for expansion

Bitcoin miners had been flocking to Texas for its low electricity prices and liberal regulations on crypto mining

UAE’s Mubadala and Canada’s Aris Gold announce partnership

The partnership involves the operation of the Soto Norte Gold Project in Colombia, one of the world’s largest feasibility-stage gold projects

Mubadala Matsa mining

UAE’s Mubadala and Trafigura complete sale of MATSA mining operation in Spain

The two entities completed completed the sale of 100 per cent stake of MATSA to Australian company Sandfire Resources

Mining big oil’s big data for big battery

Newer energy technologies, such as solar power and batteries, may not require tankers of fuel to work, but they do need minerals to build them

Sophos discovers new variants of Tor2Mine cryptominer

In a research, Sophos describes new variants of the miner that include a PowerShell script that attempts to disable malware protection

Chinese regulators are serious about banning crypto this time

Authorities said crypto transactions in China are banned and they will root out mining of digital assets

mining

Saudi launches new measures to support industrial and mining sectors

The measures include restructuring loans and postponing the payment of government fees

Glencore’s Bid For Qatar’s Xstrata Wavering

New ratio demand leaves the commodity giant at a loss as potential mining deal looks close to collapse.