Jiaxin mines Hong Kong, Kazakhstan for IPO funds
The tungsten miner expects to launch commercial operations at its Boguty open-pit project in Kazakhstan in the first quarter of 2025 Key Takeaways: Jiaxin International has applied to make dual…
BRIEF: Cango mines 363.9 bitcoins in its first month of cryptocurrency mining
Cango Inc. (CANG.US) said on Thursday it mined 363.9 bitcoins in November, the first full month for such activity after its decision to diversify beyond its core car-trading business into…
Zijin Mining’s prospects glitter on acquisitions, rising gold and copper prices
China’s leading gold and copper miner has also gotten a lift from low interest rates and could benefit from growing demand for electricity with the rise of EVs and AI…
BitFuFu makes big gains as cryptocurrency booms
Revenue for the provider of digital mining services jumped 47.5% in the third quarter on strong gains for its core cloud-mining services, as well as its self-mining business Key Takeaways:…
Canaan gets left behind in latest crypto bull run
The maker of crypto currency mining machines reported its revenue dropped in the first quarter despite a big bitcoin rally Key Takeaways: Canaan’s revenue fell 36% year-on-year in the first…
FAST NEWS: Lingbao Gold basks in glittery spotlight with new share sale
The Latest: Lingbao Gold Group Co. Ltd. (3330.HK) sold nearly 26.92 million new shares on Wednesday for HK$3.02 a piece, a 16% discount to the previous day’s close, raising HK$79.3 million ($10.1…
Bitdeer, Canaan mint hedges against crypto volatility in AI
Each company is seeking to develop businesses related to the hot emerging technology as their core crypto operations lose money Key Takeaways: Bitdeer said it was picked as a preferred…