In a recent crackdown on illegal Bitcoin mining operations, Indonesian authorities seized 1,134 mining machines and disrupted a multi-site mining operation stealing electricity. This decisive action by law enforcement reflects the country's commitment to combat unauthorised cryptocurrency activities and protect its resources.
Kommersant reported that police have "detained a man in Malinovka" for "illegal cryptocurrency mining." Malinovka is a small village in the Irkutsk's Cheremkhovskiy District. Officers said the man used an "illegal connection" to the grid at a private residence. Crypto mining equipment seized during a raid in Siberia.
The situation in Malaysia paints a stark picture of the risks associated with unregulated sectors of the crypto market. The government's response, including the destruction of seized mining equipment, is part of a broader effort to regulate and stabilize the market while curbing illegal operations that drain resources and affect public utilities.
Rebels in eastern Democratic Republic of Congo have consolidated control over the Rubaya coltanmining area, enforcing a production tax estimated to produce around $300,000 in regular monthly earnings, the United Nations security council heard on Monday. The M23 movement, a Tutsi-led company supposedly backed by Rwanda, took the location, which …
Mining Quarry & Aggregate Attachments & Parts ... Equipment & Truck Auction (1588) Thu, Jul 18. View calendar. View calendar. Auction Results. Ritchie Bros. Auctions. ... Price $0 - $999 (5) Marketplaces. GovPlanet (5) Compare items. Save this search . Name your saved search Email me when new items match this search
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Indonesia's Small Islands Pay the Price for Nickel Mining – by Firdaus Cahyadi (China Global South Project – November 11, 2024) November 13, 2024. ... Indonesia holds 52% of the world's nickel reserves, making it a central player in this booming industry. Nickel exports surged tenfold by 2023, propelled by government policies promoting ...
Metal Mining in Indonesia: Time to Face the Facts. Building Indonesia's metal industries requires immense capital, much of which will come from abroad. The ore export ban, therefore, should be seen by foreign investors as an opportunity rather than a threat. For mining companies willing to play by the new rules, it's far from game over.
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Churchill Mining and Planet Mining Pty Ltd v. Republic of Indonesia, ICSID Case No. ARB/12/40 and 12/14 Nature of the proceedings: International. Type of case: Investor-State. ... and take copies of any relevant documents that are not returned", 89 which the Tribunal understands to extend to the seized computer equipment and hard drives.
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