CENTRAL MINE PLANNING AND DEVELOPMENT INSTITUTE
By 1910, Tercio, Colorado's coal mines employed around 1,000 men and supported 300 families; the mine closed in 1915, and its coke works followed in 1918
Tercio, Colorado, was once a thriving coal mining company town built around the Colorado Fuel and Iron Company. Home to hundreds of mining families, the isolated community depended on the company for jobs, housing, groceries and essential services. However, mine closures between 1915 and 1918 led to its decline. Tercio’s forgotten history reveals the harsh realities of early American coal mining, workers’ struggles and the risks of company-owned towns.
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
VisionQuest ending explained: How does Marvel's series set up Avengers: Doomsday?
The finale of Marvel's VisionQuest brings significant twists that shape the upcoming Avengers: Doomsday film. Ultron's survival, alongside a cunning AI named Jocasta, suggests looming conflicts ahead. In a shocking turn, Doctor Doom revives Scarlet Witch, intending to manipulate her formidable abilities for his own ends. Additionally, Wanda's complex dynamics with her children could be pivotal. Fans can anticipate the film's debut on December 18, 2026.
India needs suitable evaluation matrix for awarding exploration and mining projects: NITI CEO
NITI Aayog CEO Anurag Jain underscored the development of an evaluation matrix for gold mining projects. The focus is on promoting technical competence and sustainable development of gold resources in India. Discussions revolved around improving geological data and regulatory approvals within the mining sector. The meeting also addressed the country's growing dependence on gold imports and limited exploration efforts.
3 autonomous expert govt bodies roped in to work on microplastics detection: CPCB to NGT
CPCB reported that it will develop methodologies for detecting microplastics in various environments. Central Institute of Petrochemicals Engineering and Technology will handle freshwater and soil samples. National Centre for Sustainable Coastal Management will focus on marine water and coastal sediments. CSIR-NEERI will address the detection of microplastics in the air. The final proposals are expected within twelve months, which will undergo evaluation and refinement.
Deutsche Bank launches digital asset custody service for paying clients
Deutsche Bank launches its digital asset custody service for institutional and corporate clients, offering secure storage for cryptocurrencies including Bitcoin and Ether. The move strengthens its digital asset strategy, with plans for potential Asian expansion and collaboration with DWS to develop regulated digital asset infrastructure.
Iran says tanker struck mine, caught fire in Hormuz
An oil tanker has been engulfed in flames after striking a mine in the Strait of Hormuz, as Iran continues to limit maritime traffic since the onset of regional hostilities. In retaliation, the United States has implemented a blockade on Iranian ports, while its Central Command is guiding ships through the strait to guarantee their safety. Recently, three more tankers have experienced fire incidents in the area.
Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes
Oil prices rose after a two-month decline due to ongoing tensions in the Iran war and attacks on shipping. Brent futures climbed following reports of multiple attacks on vessels in the Strait of Hormuz. Data indicated a significant rise in shipping incidents in October, with continued threats observed into November. Concerns remain about insurance costs and risks associated with shipping in these waters.
Skill development ministry launches new framework to fast-track approvals for centres of excellence
The Ministry of Skill Development and Entrepreneurship has introduced a national empanelment framework to speed up the setting up of centres of excellence and create a pool of credible, industry-linked training institutions. The framework includes a green channel for established institutions, allowing them to bypass the regular evaluation process and receive faster approvals.
Iran says two oil tankers on fire in Hormuz
Iran's Revolutionary Guards have reported that two oil tankers caught fire in the Strait of Hormuz. The vessels were allegedly traveling along unauthorized routes when the incidents occurred. This action follows significant restrictions imposed on maritime traffic in the region amid ongoing conflicts. Additionally, the US has implemented a naval blockade in response to these developments. Tensions remain high as these incidents threaten global oil transportation routes.
US, Ukrainian and European officials meet on ending Ukraine war, Steve Witkoff says
US, Ukrainian, and European officials convened to strategize ahead of US-brokered negotiations in Abu Dhabi. The discussions focused on the war's conclusion and future security arrangements in Europe. Participants considered enhancing existing European security institutions after the conflict ends. A primary concern is to address post-war security needs and mitigate future conflict risks. Coordination efforts aim for a sustainable and lasting peace in the region.
Singapore to launch gold vaulting service for foreign central banks, ease taxes to boost bullion trad
Singapore's central bank will introduce a gold vaulting service for foreign central banks and financial institutions. This initiative aims to strengthen Singapore's position as a global trading hub for precious metals. Alongside the vaulting service, new tax incentives for companies in the bullion market will be implemented next year. The Monetary Authority of Singapore is also preparing an over-the-counter gold clearing system by 2027.
Ode to a compassionate algorithm: Philanthropists are backing AI for public good
From Flipkart’s Binny Bansal to Chrys Capital’s Ashish Dhawan and Karishma Sanghvi of Sun Pharma, a growing number of entrepreneurs are writing cheques for AI that can diagnose diseases, empower teachers, modernise courts and strengthen public services, betting that the technology can create social returns as significant as commercial ones.
US: Senate advances sweeping energy legislation in first major action since midterm elections
The Senate voted 73-25 to formally take up the bill, which senators and the president have pushed as a way to meet growing demand for electricity and other forms of energy that now face yearslong delays in getting to the grid.
Iran claims it has lifted self-imposed restriction on ballistic missile ranges
Iran's Revolutionary Guard has opted to remove the 2,000-kilometer missile range restriction amid rising tensions. A US naval blockade is affecting global trade routes, while recent airstrikes close to Yemen have resulted in the deaths of over 27 people, underscoring the ongoing strife. In response, the US Central Command has established a task force aimed at crippling Iran's transportation networks, leading to heightened anxieties about potential confrontations.
Bengaluru airport road to face 18 months of traffic curbs amid infrastructure work; what is the latest status of the Blue Line Metro and when will it open to passengers?
Bengaluru airport traffic news: Bengaluru Development Authority is commencing an elevated corridor project on Ballari Road starting November 6. The construction will affect traffic movement for the next 18 months, particularly for goods and bus vehicles. Bengaluru Traffic Police has issued a ban on certain vehicles in the construction area to manage congestion. Additionally, the Blue Line of Namma Metro is facing delays due to material shortages caused by restrictions.
Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry Secretary
Coal gasification projects are expected to provide significant foreign exchange savings for India by substituting imports. The Coal Ministry has initiated financial incentives targeted towards promoting coal gasification. Responsible mining practices are emphasized to encourage sustainable development and investment in the coal sector.
Kazakhstan and India sign extradition treaty to combat international crime & terror
India and Kazakhstan have recently entered into an extradition treaty aimed at addressing cross-border crime. The treaty establishes a legal framework for the extradition of individuals wanted for criminal activities. This agreement complements existing treaties on mutual legal assistance and transfer of sentenced persons between the two nations. Increased cooperation is necessary due to growing trade, cultural exchanges, and tourism between India and Kazakhstan.
India needs indigenous technologies to ensure energy security: Union Minister G Kishan Reddy
At the NIT Raipur convocation, Union Minister G Kishan Reddy emphasized India's need for innovations in energy, mining, and healthcare. He noted significant growth in higher education infrastructure and international rankings over the past decade. Reddy mentioned government initiatives aimed at supporting research and development in technology sectors. He encouraged graduates to tackle real-world challenges in their fields over the next three years.
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