On #ThisDayInHistory in 1854, #GoldMiners in #Victoria, #Australia, revolted over pervasive #PoliceBrutality and high licence fees. They burnt the mining permits and occupied #BakeryHill, #Ballarat. 300 soldiers attacked the #miners in the #BattleOfTheEurekaStockade, killing 22.
2 Bloomberg: It’s on course for its greatest-ever outperformance versus an #MSCI measure of global #semiconductor firms, which is up 40%. #gold #goldminers #semiconductors
1 Bloomberg: For all the hype over artificial intelligence and the surge in chip stocks this year, #goldminers have actually been the better buy. A gauge of the world’s #gold #equities from #MSCIInc. has soared 135%, boosted by the surge in the #preciousmetal. 🧵 #markets
Michael Oliver: Predicting the Gold and Silver Mining Boom

Michael Oliver: Predicting the Gold and Silver Mining Boom For more information about Michael Oliver and his Services, visit: https://www.olivermsa.com/ Visit us at: https://naturalresourcestocks.net/ Apple Podcasts: https://podcasts.apple.com/us/podcast/natural-resource-stocks/id1689449174 Spotify: https://open.spotify.com/show/0BJGmP8oztWBdsquqeELLh X: https://x.com/theandymillette In this episode, host Andy interviews Michael Oliver from Momentum Structural Analysis to discuss key trends in the precious metals market, especially focusing on silver, gold, and mining stocks. They delve into the recent performance of silver and miners as compared to gold, and Oliver shares his technical assessments predicting an upcoming acceleration in the prices and performance of these assets. With historical data and momentum trend metrics, Oliver

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#Ghana hollows out #forests and green protections to advance #mining interests

Malavika Vyawahare
28 Aug 2024
via @mongabay

Key points:

- The Ghanaian government has significantly ramped up the approval of mining permits under legislation passed in late 2022, intensifying concerns about runaway environmental damage.

- The country is already the top #gold producer in #Africa, but much of the mining is done in #forest reserves and other #biodiverse #ecosystems.

- The government has long cracked down on artisanal illegal #GoldMiners, but activists say the real damage is being wrought by #industrial operations, both legal and illegal.

- A debt default in 2022 has seen #Ghana lean even more heavily on its gold to mitigate the crisis, prompting warnings that such a policy is neither #economically nor #environmentally #sustainable.

Read more: https://news.mongabay.com/2024/08/ghana-hollows-out-forests-and-green-protections-to-advance-mining-interests/

#ApampramaReserve #HeritageImperial #WaterIsLife #SaveTheForests #NoMiningWithoutConsent #CorporateColonialism #C&GAleska #GoldMining #GSBA #LithiumMining #BodiForestReserve #IMFLoans #WorldBank #IMFLoanSharks

Ghana hollows out forests and green protections to advance mining interests

In 2022, the West African nation of Ghana lost 18,000 hectares, or 44,500 acres, of forests — an area the size of 30,000 football fields. But instead of strengthening restrictions, that November, the Ghanaian government decided to further expose the country’s protected woodlands to the corrosive effects of mineral extraction. The legislative changes allowed mining […]

Mongabay Environmental News

⚠️ Crisis in the Yanomami Territory ⚠️

An acute #health crisis is ravaging the #Yanomami people in Brazil's northern #Amazon, one year on from a major government operation intended to rid the area of illegal #goldminers.

More than 300 #Indigenous people have died in the #territory in the last year, most of them children under five.

There are appalling levels of malnutrition, malaria and flu.

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#ForaGarimpo #SoSYanomami

https://www.instagram.com/reel/C2K85yosQ3U/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==

Brazilian authorities have launched an operation to reclaim #Yanomami #Indigenous territory from thousands of illegal #GoldMiners who have contaminated rivers and brought #famine and #disease to one of the most isolated populations of the world. https://www.washingtonpost.com/world/brazil-squeezes-illegal-miners-out-of-yanomami-territory/2023/02/08/094b3924-a7c6-11ed-b2a3-edb05ee0e313_story.html?utm_source=feedly&utm_medium=referral&utm_campaign=wp_world #HumanitarianCrisis
Brazil pushes illegal miners out of Yanomami territory

Brazilian authorities have launched an operation to reclaim Yanomami Indigenous territory from thousands of illegal gold miners who have contaminated rivers and brought famine and disease to one of the most isolated populations of the world

The Washington Post
Revealed: Brazil goldminers carve illegal ‘Road to Chaos’ out of Amazon reserve

Aerial photos from reconnaissance mission reveal effort to smuggle excavators into Brazil’s largest Indigenous territory

The Guardian