Jul 14, 2021Silvercorp added that the production decline in the current quarter resulted mainly from the company's mining contracts renewal negotiations at the Ying Mining District. As reported in the company's news release dated April 28, 2021, the company's two-year mining contracts with the eight mining contractors at the Ying Mining District
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Get PriceJun 22, 2021Bitcoin has fallen below $30,000 for the first time in more than five months, hit by China's crackdown on the world's most popular cryptocurrency. The digital currency slipped to about $28,890
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Get PriceJul 02, 2019China has been a major source of rare earth metals used in high-tech products, from smartphones to wind turbines. As cleanup of these mining sites begins, experts argue that global companies that have benefited from access to these metals should help foot the bill.
Get PriceJun 21, 2021Cryptomining in China fuels nearly 80% of the world's cryptocurrency trade. With this ban, the government ends about 90% of the Bitcoin mining capacity in the country.
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Get PriceTarget: Nancy Pelosi, Speaker of the U.S. House of Representatives. Goal: Support oversight of cryptocurrency mining that endangers the environment.. China's crackdown on cryptocurrencies did not just send the value of the digital finance tools tumbling. The aggressive move by the nation responsible for over 50 percent of Bitcoin production has also put crypto mining companies on the run.
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