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FINANCIAL IMPACT ON MINE WORKERS
Labourer finds Rs 50 lakh diamond in Panna mine abandoned for a year, says it was ‘right on top’In a remarkable turn of events, seven miners in Panna unearthed a stunning 16.96-carat diamond that is projected to yield over fifty lakh r...
Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal yea...
Man buys $1.4 million ghost town, turns the 360-acre land into a successful business. But has one request from peopleIn 2018, entrepreneur Brent Underwood spent millions to buy Cerro Gordo, an abandoned California mining town. What began as a bold investme...
10 jobs hardest for AI to replace, 2nd on list pays you over $200,000Artificial intelligence is rapidly transforming many workplaces and daily tasks. However, certain jobs demand physical strength and quick r...
EPFO withdrawal rules: Minister reveals how much EPF amount can subscribers withdraw during medical emergency, unemployment, house repairThe Employees' Provident Fund Organisation (EPFO) has made it easier for members to access their savings by modifying withdrawal regulation...
Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interferenceIn Maharashtra, over 36,000 private companies have been dissolved within the last five years, particularly affecting the business services ...
A Namibian railway worker found a stone glowing in the sand in 1908; within years, it turned a desert settlement into Africa’s richest place before it became a ghost townA Namibian railway worker discovered a diamond in 1908, sparking a significant diamond rush. Kolmanskop rapidly transformed into a wealthy ...
Funding, cooling and healthcare: Experts break down India's new heatwave disaster statusIndia’s recognition of heatwaves as a notified natural calamity could unlock dedicated disaster funds for states to strengthen heat action ...
States should mine more, not tax more: The fiscal lesson from OdishaNew legislation will remove state powers to levy taxes on minerals. This change is expected to encourage investment and increase mineral pr...
Latin America used a 30-year mine closure as an unexpected environmental reset; the result transformed the abandoned mining area, allowing vegetation and wildlife to reclaim areas once dominated by extractionSerra Pelada is back in the gold mining conversation, more than three decades after Brazil shut down its legendary open-pit operation. The ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 23%Market breadth (always a better indicator of the underlying sentiment) has remained positive for a few trading sessions in a row. This is w...
In 2008, Spain began filling 300-metre-deep coal mine with 547 billion litres of water; four years later, the site looked nothing like it once didA vast open-pit coal mine in As Pontes, Spain, has been transformed into a large artificial lake. Engineers filled the enormous excavation ...
Centre proposes to curb powers of states to tax mineralsThe central government is poised to restrict state authority concerning taxation on mining activities. This initiative aims to enhance the ...
US moves to scrap 60-day H-1B grace period: What it could mean for IndiansThe US may end the H-1B 60-day grace period after job loss. Here's what the proposed 2026 H-1B change could mean for Indian workers, H-4 fa...
US proposes to end the 60-day H-1B grace period; experts warn of 'severe regression'US proposal to end the 60-day H-1B grace period threatens job displacement. Experts warn this change will lead to significant loss of skill...
Afghanistan’s gold rush leaves a trail of dust, damage and lost farmlandGold mining operations in Afghanistan's Badakhshan province are causing significant environmental degradation. Villagers report polluted ri...
Mining project near India's first marine sanctuary, national park in Gujarat gets nodA bauxite and marl mining initiative has secured essential clearance close to Gujarat's important marine conservation zones. Nestled severa...
Peace killed a boomtown: How the end of World War I turned one of Australia's biggest copper settlements into a ghost townKuridala was once a thriving Queensland mining town, which prospered greatly during World War I. Copper became a strategic metal, driving s...
In 1948 US industrialist Henry J Kaise founded a town for about 4,000 people in California. Then it emptied almost overnight but still stands frozen in timeEagle Mountain was a company town built for a large iron mine in California's desert. The town housed thousands of residents and provided a...
Trump expected to attend event with mining execs amid critical minerals pushPresident Trump will attend a roundtable with mining executives on Friday. This event aims to expand domestic and allied critical mineral s...