Climate change, Australian mining, and the storm ahead

Climate change and its direct impacts will increasingly define this century, and work within it. Changing weather patterns will ultimately lead to changing work practices, especially in the unwelcoming outback and its many mining operations. Miners must now face up to a raft of small concerns that will together change how business functions. Climate models… Continue reading Climate change, Australian mining, and the storm ahead

Chinese coal miners commit to price cut

Chinese state planners have stated that the country’s coal miners have committed to selling their coal reserves at a discount to ease the domestic power crunch. Miners across the country’s three leading coal-producing provinces of Shanxi, Shaanxi, and Inner Mongolia pledged to cut prices this week, according to the National Development and Reform Commission, the… Continue reading Chinese coal miners commit to price cut

Boris Johnson’s half-brother accused in Mongolian mining dispute

Buyantogtokh Dashdeleg, the owner of the Zasag Chandmani mines (ZCM), has accused Max Johnson, Boris Johnson’s half-brother, of pursuing a fictitious fraud accusation against him in order to gain control of the mining project and recoup his investment. According to the Financial Times, Johnson, the youngest son of the UK prime minister’s father, is seeking to… Continue reading Boris Johnson’s half-brother accused in Mongolian mining dispute

False start: inside the disruption at Venture’s Riley iron ore mine

Australian mining is the cornerstone of many of the world’s mineral products, and none more so than iron ore. In 2020, Australia dominated production of iron ore, producing 900 million tonnes of the metal, 37.5% of global production, and more than double the second-highest producer, Brazil. While the vast majority of this production is centred… Continue reading False start: inside the disruption at Venture’s Riley iron ore mine

Ransomware attack on mining operations “almost inevitable,” says cybersecurity expert

Last month, Weir, a major supplier to the mining industry, was the victim of a crippling cyberattack that forced it to isolate and shut down its core IT systems, including enterprise resource planning and engineering applications. The resulting disruptions included engineering, manufacturing and shipment rephasing, which resulted in revenue deferrals and overhead under-recoveries. The operating… Continue reading Ransomware attack on mining operations “almost inevitable,” says cybersecurity expert

FuboTV’s Plan for Pulse Evolution (PLFX) is Qauickly Evolving

FuboTV Inc. (NYSE: FUBO) has a market cap close to $4.0 billion and is quickly evolving as a streaming powerhouse. One of the little-known assets sitting quietly in the background is Pulse Evolution (OTCMKTS: PLFX) which is a majority-owned (60%) subsidiary of FUBO. This majority interest in Pulse Evolution was purchased by Evolution AI for… Continue reading FuboTV’s Plan for Pulse Evolution (PLFX) is Qauickly Evolving

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