Latest News for: Malaysia mines

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Fed meeting, Evergrande worries weigh on Singapore shares

Straits Times 22 Sep 2021
Local shares dipped yesterday as investors played it safe with storm clouds threatening on three fronts ... There were also the usual worries over the Evergrande Group's debt saga and the spread of the Delta variant ... Equity benchmarks in Japan and Malaysia retreated, and Australian shares gained 0.3 per cent on the back of mining strength ... ....
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Here's the best 'moonshot' green tech, according to Bank of America

Yahoo Daily News 21 Sep 2021
These green tech innovations — which include carbon capture & storage (CCS), nextgen batteries, green mining, and ocean tech — were part of the 14 "moonshot" technologies laid out in a recent Bank of America note.  ... The extent to which deep sea mining is truly 'green' remains up for debate.
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Hatten Land shares jump after news of crypto mining, solar energy ventures

Straits Times 16 Sep 2021
SINGAPORE - Malaysian property developer Hatten Land shares soared in heavy trading on Thursday morning (Sept 16) after the Catalist-listed company announced ventures into cryptocurrency mining and solar energy ... SMI�plans to install and operate up to 2,000 crypto mining rigs on Hatten Land's Melaka properties from December.�.
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Hatten Land's shares jump 140% on news of green ventures

Straits Times 16 Sep 2021
Malaysian property developer Hatten Land's shares soared in heavy trading yesterday after the Catalist-listed company announced ventures into cryptocurrency mining and solar energy ... SMI plans to install and operate up to 2,000 crypto mining rigs on Hatten Land's Melaka properties from December.
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What you must know about Cryptocurrencies and their role in global warming

The Times of India 02 Sep 2021
The first generation of cryptocurrencies like Bitcoin and Ethereum 1.0 consume ginormous amounts of electricity when they are mined. Mining is the process by which new Bitcoins enter circulation and the ledger of transactions is maintained and validated ... But how much energy does cryptocurrency mining actually consume? Estimates vary.
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Spanish Police Raid Suburban House Allegedly Running Illegal Crypto Operation, Seize Over 100 Miners

The Daily Hodl 25 Aug 2021
Spain’s National Police say they have dismantled an alleged illegal cryptocurrency mining operation that was being run from a residential property. A tweet from Spain’s National Police account says that over 100 machines were being used in the crypto mining operation in the Spanish city of Toledo.
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SAM calls on DOE to reject proposed Hulu Perak in-situ lanthanide mining project

The Star 13 Aug 2021
IPOH. Sahabat Alam Malaysia (SAM) has called on the Environment Department (DOE) to reject a proposed lanthanide mining project at Kenering in Hulu Perak. Read full story ... .
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Tin mine supply expected to grow through 2021 – report

Mining Dot Com 11 Aug 2021
“As vaccination against covid-19 will be gradual in all major tin producing countries except China, the ramp-up of tin mine operations across the world will not be a smooth process ... Meanwhile, in Indonesia, protests by coastal communities threaten to disrupt PT Timah’s expansion of offshore mining for tin in the country.
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June industrial output up 1.4% on-year due to mining, better than forecast

The Star 09 Aug 2021
KUALA LUMPUR. Malaysia’s industrial production index (IPI) increased by 1.4% in June this year,, as higher mining output offset the declines in electricity and manufacturing and exceeding the forecasts by Bloomberg and Reuters. Read full story ... .
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Tin price surge to subside by end of year – report

Mining Dot Com 04 Aug 2021
This is due to lockdown restrictions that have been implemented in Indonesia (since July) and Malaysia (since May), which are disrupting the reopening of tin mine and smelting capacity in the two countries. Indonesia and Malaysia accounted for a combined 30% of global refined tin production in 2020.
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STI rises 1.2% amid Fed-fuelled regional rally

Straits Times 29 Jul 2021
Singtel the top gainer, rising 2.2 per cent to $2.28. • Malaysia bucks trend in Asia, with KLCI falling 0.2 per cent ... Jefferies equity analyst Krishna Guha said ... The Kospi in South Korea gained 0.2 per cent and the ASX 200 in Australia rose 0.5 per cent on the back of mining gains. Shares in Malaysia bucked the trend as the KLCI fell 0.2 per cent.
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STI rises 1.2% amid regional rally on US Federal Reserve's decision

Straits Times 29 Jul 2021
Gainers outstripped losers 303 to 212 with 1.51 billion shares worth $1.51 billion changing hands ... Jefferies equity analyst Krishna Guha said ... The Kospi in South Korea gained 0.2 per cent and the ASX 200 in Australia rose 0.5 per cent on the back of mining gains. Shares in Malaysia bucked the trend as the KLCI fell 0.2 per cent ....
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Why Aren’t More Bitcoin Miners Setting Up Shop In Canada?

Bitcoin Magazine 27 Jul 2021
Canada seems to offer many of the advantages for successful bitcoin mining — lots of stranded renewable energy (mostly hydro), a cooler climate (which is easier on equipment) and a lower fiat currency value (more competitive than the U.S ... Malaysia, Kazakhstan, Iran and Russia are all mining at a higher hash rate than Canada.
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Illegal crypto mining PCs smashed in Malaysia

Swords Today 25 Jul 2021
Malaysia has come up with a definite solution to get rid of computer systems where cryptocurrencies are being mined illegally ... Several police forces around the world are conducting raids to crack down on illegal cryptocurrency mining farms ... The energy required for the mining ...
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After China’s Crackdown, is Russia the Next Crypto Heaven?

Finance Magnates 23 Jul 2021
Cryptocurrency mining had been hit the worst, an important development considering the country accounted for over half of Bitcoin’s production in the past. Companies are already adjusting to new norms, as local governments put pressure.Chinese local governments ban mining.
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