BLACKROCK WORLD: Mining fund rocks with 122% return

BLACKROCK WORLD MINING TRUST: Mining fund rocks with its 122% return By Jeff Prestridge, Financial Mail on Sunday Published: 21:52 BST, 3 April 2021 | Updated: 21:52 BST, 3 April 2021 Investment trust BlackRock World Mining is a commodities fund with a twist that currently appeals to many income investors.  The £1billion stock market listed … Read more

Brother and sister find opals worth £700,000 on their first attempt at mining in Outback

It was the ultimate in beginner’s luck.  On their first attempt at mining in the Australian Outback, brother and sister Isaac and Sofia Andreou struck gold — or, in this case, opals. Such is the rarity of these iridescent stones that the haul is worth about $1.2 million (£700,000). One of the most luminous stones … Read more

British brother and sister find opals worth £700,000 on their first attempt at mining in Outback

It was the ultimate in beginner’s luck.  On their first attempt at mining in the Australian Outback, brother and sister Isaac and Sofia Andreou struck gold — or, in this case, opals. Such is the rarity of these iridescent stones that the haul is worth about $1.2 million (£700,000). One of the most luminous stones … Read more

US coal mining billionaire slaps Greensill Capital with fraud lawsuit

US coal mining billionaire slaps Greensill Capital with lawsuit for ‘continuous and profitable fraud’ By Tom Witherow For The Daily Mail Published: 01:12 GMT, 17 March 2021 | Updated: 01:12 GMT, 17 March 2021 A coalmining firm owned by the governor of West Virginia is suing collapsed UK lender Greensill Capital for ‘continuous and profitable … Read more

Colorado’s indoor cannabis farms produces 30% more carbon than the state’s coal mining industry

Despite being touted as the ultimate ‘green’ crop, cannabis is having a major impact on the environment, a new study suggest. Researches at Colorado State University found in Colorado that growing the drug indoors produces more than 30 percent more greenhouse gases than the state’s coal mining industry. The team found that the larger carbon … Read more

Texas man ‘trapped’ in abandoned California mining town he bought

A Texas entrepreneur who has spent almost a year quarantining in an abandoned California mining town after getting trapped there by a snowstorm last spring now says he never wants to leave.    Brent Underwood, 32, purchased Cerro Gordo for $1.4million in 2018 after becoming fascinated by its seclusion and sinister past, which once saw one … Read more

Rio Tinto to pay a record £6.5bn amid global mining boom

Rio Tinto to pay largest dividend in its 148-year history: Investors set for a record £6.5bn windfall amid global mining boom By Francesca Washtell For The Daily Mail Published: 22:05 GMT, 17 February 2021 | Updated: 22:05 GMT, 17 February 2021 RioTinto will hand investors the largest dividend in its 148-year history as it cashes … Read more

Rio Tinto to pay a record £6.5bn amid global mining boom

Rio Tinto to pay largest dividend in its 148-year history: Investors set for a record £6.5bn windfall amid global mining boom By Francesca Washtell For The Daily Mail Published: 22:05 GMT, 17 February 2021 | Updated: 22:05 GMT, 17 February 2021 RioTinto will hand investors the largest dividend in its 148-year history as it cashes … Read more

MARKET REPORT: Mining investors strike gold as dividends surge

Mining giants promised bumper payouts to investors after a surge in commodity prices that has fuelled talk of a new ‘supercycle’. BHP will pay shareholders a record half-year dividend of 72p per share after a rally in iron ore prices helped profits rise 17 per cent to £7billion. It means that the world’s biggest miner … Read more

SMALL CAP SHARE IDEAS: Great Western Mining

Under the direction of chairman Brian Hall, Great Western Mining Corporation has ‘refocused’ its strategy. Shelved (but not forgotten) is its interest in copper. Instead, the group is concentrating on gold and silver exploration and production in the aptly named Mineral County, Nevada. Crucially, there is cash in the bank to achieve these ambitions. And … Read more