Articles about mining

A gold buying house in Africa. Pic: Sasha Lezhnev

Clueless do-gooders make Africa's conflict mineral mines even more dangerous

Worstall on Wednesday I have muttered around here more than a few times about the various idiocies of the Blood in the Mobile campaign. This was the idea that we could stop the appalling (and true) levels of violence in Eastern Congo's mining trade by making American companies fill out lots of documents. The idea was that if they all had to say …
Tim Worstall, 5 Aug 2015
Artist's conception of a watery asteroid being torn apart white dwarf GD 61

NASA wants you to help space mining corp strip mine the Solar System

NASA is crowdsourcing the hunt for asteroids in Earth's purview, and has teamed up with the proposed space mining corporation Planetary Resources to use your spare compute time to the project. Last year the Planetary Resources visited hipster festival SXSW to announce the Asteroid Data Hunter challenge, a $55,000 competition …
Iain Thomson, 16 Mar 2015

Mine Bitcoins with PENCIL and PAPER

Google engineer Ken Shirriff has mined Bitcoins with nothing more than a paper and pencil. While he says the process is about a quintillion times slower give or take than than a Bitcoin mining rig, the algorithm was easy enough to crunch. Shirriff completed a round of SHA-256 in 16 minutes and 45 seconds at which rate a full …
Darren Pauli, 30 Sep 2014
Miner sculpture

Intel says NO MORE BLOOD PENTIUMS by 2016

Intel has set 2016 as the deadline for its transition to a 100 per cent conflict-free product line. Under the plan, Chipzilla will look to receive gold, tantalum, tungsten, and tin only from those smelting facilities that it has certified as taking materials exclusively from ethically-mined sources. The company unveiled the …
Shaun Nichols, 3 Sep 2014
Pickaxe

Read the proposed US ASTEROIDS Act to green-light mining IN SPAAAACE

A pair of US Representatives are pushing legislation that would remove some of the legal hurdles to commercial space mining. HR 5063, the adorably named American Space Technology for Exploring Resource Opportunities In Deep Space (ASTEROIDS) Act, would define when resources mined from an asteroid could be considered private …
Shaun Nichols, 11 Jul 2014

Bank of America: Bitcoin could become THE currency of e-commerce

Chinese banks may not be too keen on Bitcoin at the moment (which has done something to damp down the current price) but a new research report from Bank of America rates it as a major player in future internet transactions. "We believe Bitcoin can become a major means of payment for e-commerce and may emerge as a serious …
Iain Thomson, 6 Dec 2013

Bitcoin mining rig firm claims $3m revenue in just FOUR DAYS

It is said that during a gold rush, the people who make the real money are the ones selling the spades. The same appears to be true with Bitcoin, judging by the whacking great revenues announced by a firm which makes computers dedicated to mining the cryptocurrency. KnCMiner, a Swedish manufacturer of Bitcoin mining machines …
Jasper Hamill, 14 Nov 2013

Is your Apple gadget made of human misery and eco-ruin?

Apple has sent a squad of eco-warriors to a far-flung Indonesian island on a mission to find out whether its devices are full of tin from mines which destroy the environment and kill their workers. The fruity firm said its team embarked upon a "fact-finding visit" to Bangka Island to see whether its suppliers source their tin …
Jasper Hamill, 15 Jul 2013
lutetium rare earths element

Japan's rare earth discovery bad news for China's monopoly plans

Japan is celebrating the find of an “astronomically” high level of rare earth deposits at the bottom of the Pacific Ocean, a discovery which will further undermine China’s failing attempts to control the global supply of the substances. The deposits, a vital component in the production of a range of high technology equipment …
Phil Muncaster, 25 Mar 2013
The Register breaking news

$195 BEEELLION asteroid approaching Earth

The pint-sized – in astronomical terms – asteroid that's scheduled to buzz the Earth this Friday may have a street space value of about $195bn. "Unfortunately, the path of asteroid 2012 DA14 is tilted relative to Earth, requiring too much energy to chase it down for mining," say the wannabe space prospectors at Deep Space …
Rik Myslewski, 13 Feb 2013
Asteroid mining

Asteroid mining and a post-scarcity economy

In the last year, we've seen two commercial ventures announce different plans to harvest the material bounty of the solar system by mining asteroids. So are we at the foothills of a post-scarcity economy or are people blowing a lot of hot air on the latest fad du jour? In April, Planetary Resources announced a scheme to fire …
Iain Thomson, 24 Jan 2013
The Register breaking news

Asteroid-mining 'FireFlys' will be ready for action by 2015, vows space firm

A second commercial venture to mine the near infinite resources of outer space has been started, and Deep Space Industries (DSI) is promising its spacecraft and 3D printers will allow successful mining operations within a decade. The venture says that it will have its first class of 55lb (25kg) "FireFly" probes ready for …
Iain Thomson, 22 Jan 2013
The Register breaking news

Another new asteroid-mining firm: 'First commercial space fleet'

A new space mining venture is all set to do battle with James Cameron’s asteroid mining outfit in an industry that isn’t even certain to be possible yet. Deep Space Industries will announce “the world’s first fleet of commercial asteroid-prospecting spacecraft” later today in Santa Monica. The cosmic drill firm’s founders, “ …
Black coal mining

Driverless trucks roam Australian mines

Mining company Rio Tinto has turned to driverless trucks to operate mines in Western Australia. The multinational digger has just confirmed it has let the trucks roam free at the Nammuldi iron ore mine, a hole in the ground located in more or less the middle of nowhere, as the nearest town, Tom Price, is 60km away. Nammuldi …
Simon Sharwood, 26 Nov 2012
Earth viewed from space. Image via NASA

Asteroid miners hunt for platinum, leave all common sense in glovebox

Analysis Isn't it exciting that Planetary Resources is going to jet off and mine the asteroids? This is every teenage sci-fi geek's dream, that everything we imbibed from Verne through Heinlein to Pournelle is going to come true! But there's always someone, isn't there, someone like me, ready to spoil the party. The bit that I cannot …
Tim Worstall, 24 Nov 2012
The Register breaking news

Chinese boffins build nuclear-powered deep-sea station

Not content with ambitious plans to dominate space exploration over the coming decades, China is also looking to master the ocean with the development of a deep-sea station which could be its first step towards large-scale underwater mining. Plans for the nuclear powered mobile deep-sea station were unveiled earlier this year …
Envelop Asteroid

Billionaire astro mining venture long on hype and timescale

The much-hyped launch of Planetary Resources has been held in the august surroundings of the Museum of Flight in Seattle; so now we've got some details how feasible are the plans? According to the roadmap laid out the first phase of the project will kick off with the launch of the Arkyd Series 100 spacecraft, which is …
Iain Thomson, 25 Apr 2012
The Register breaking news

'Asteroid mining company' makes classic hypegasm debut today

A group of wealthy advertising and software kingpins have allied themselves with celebrity auteur James Cameron and prominent "new space" business figures to launch a business focused on mining asteroids for precious resources. As is common with Silicon Valley new-tech business launches, hypegasm media management techniques …
Lewis Page, 24 Apr 2012

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