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Wits University’s DigiMine aiming to serve as green data … – Creamer Media’s Mining Weekly

JOHANNESBURG (miningweekly.com) Most mining countries have already databased their green energy minerals and critical minerals and made them public so that investors and their global partners can evaluate national production capacities and capabilities.

Against that backdrop, the Wits Mining Institutes DigiMine Laboratory at University of the Witwatersrand (Wits) is setting out to build a comprehensive database to contribute to the understanding of the special abilities of critical green minerals and their applications inrenewable energy in particular.

Strong partnerships with mining industry players will be essential for DigiMine to achieve its goal of serving as a central hub for information exchange, research collaboration, technology development, innovation, and the driving of the growth of green energy into mining.

It is intent on integratingits system into South Africas upcoming national cadastral system, and in doing so, being able to provide feedback to the cadastral system.

It envisages that its comprehensive database system will be able to contribute to evidence-based policymaking and a supportive regulatory environment.

Once it has the database, it also expects to be able to provide the required framework for worker upskilling as per the needs of the industry.

By having this database, we can look into the required skills and define customised courses and training material so that we can also contribute to human capital development, DigiMine Laboratory head Ahsan Mahboob told Mining Weekly in a Zoom interview. (Also watch attached Creamer Media video.)

DigiMine set out initially to serve South African minings research and development needs in wireless communication, surveying, mapping and navigation, health and safety, and systems integration for smart mining, and then this year came up with the two new themes of cybersecurity and green energy minerals and technologies, the latter addressing South African minings energy the transition needs.

Weve observed with our global partners that there is a dire need to focus on the optimisation of the integration of renewable energy sources, such as solar and wind energy, into the mining operations," said Mahboob.

Most of the mining operations are moving towards renewables, for which storage is important, as well as to smart grid technology, which is required to transfer renewable energy to the mining operations. Then, most importantly, the energy management strategies need to ensure a reliable and efficient power supply, with DigiMine also planning to focus on power system modelling and planning.

Theres a need to apply sophisticated and advanced numerical models to see how the energy is going to be utilised in mining operations, and how we can leverage on the digital technologies, he said.

Green energy use can be modelled with the help of digital twinning technology, and based on that model, you can optimise, based on artificial intelligence algorithms. The focus will be to do research in terms of demand pattern analysis and then integration requirements, which will definitely help cost-effectiveness, added Mahboob.

Mining is also poised to benefit from the electrification of mining equipment, for which infrastructure to recharge battery electric vehicles is seen as critical. Wireless recharging stations being researched and developed obviate the need for vehicles to park while having their batteries recharged and allowfor battery electric vehicles to be recharged while continuing to operate, which is also something on which DigiMine wants to focus and analyse.

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Warning: GravityRAT Android Trojan Steals WhatsApp Backups and Deletes Files – The Hacker News

An updated version of an Android remote access trojan dubbed GravityRAT has been found masquerading as messaging apps BingeChat and Chatico as part of a narrowly targeted campaign since June 2022.

"Notable in the newly discovered campaign, GravityRAT can exfiltrate WhatsApp backups and receive commands to delete files," ESET researcher Luk tefanko said in a new report published today.

"The malicious apps also provide legitimate chat functionality based on the open-source OMEMO Instant Messenger app."

GravityRAT is the name given to a cross-platform malware that's capable of targeting Windows, Android, and macOS devices. The Slovak cybersecurity firm is tracking the activity under the name SpaceCobra.

The threat actor is suspected to be based in Pakistan, with recent attacks involving GravityRAT targeting military personnel in India and among the Pakistan Air Force by camouflaging it as cloud storage and entertainment apps, as disclosed by Meta last month.

The use of chat apps as a lure to distribute the malware was previously highlighted in November 2021 by Cyble, which analyzed a sample named "SoSafe Chat" that was uploaded to the VirusTotal database from India.

The chat apps, while not available on Google Play, are distributed through rogue websites promoting free messaging services: bingechat[.]net and chatico[.]co[.]uk.

"This group used fictitious personas posing as recruiters for both legitimate and fake defense companies and governments, military personnel, journalists, and women looking to make a romantic connection in an attempt to build trust with the people they targeted," Meta said in its Quarterly Adversarial Threat Report.

The modus operandi suggests that potential targets are contacted on Facebook and Instagram with the goal of tricking them into clicking on the links and downloading the malicious apps.

GravityRAT, like most Android backdoors, requests for intrusive permissions under the garb of a seemingly legitimate app to harvest sensitive information such as contacts, SMSes, call logs, files, location data, and audio recordings without the victim's knowledge.

The captured data is ultimately exfiltrated to a remote server under the threat actor's control. It's worth noting that using the app is conditional on having an account.

What makes the new version of GravityRAT stand out is its ability to steal WhatsApp backup files and receive instructions from the command-and-control (C2) server to delete call logs, contact lists, and files with particular extensions.

"These are very specific commands that are not typically seen in Android malware," tefanko pointed out.

The development comes as Android users in Vietnam have been victimized by a new strain of banking cum stealer malware known as HelloTeacher that uses legitimate messaging apps like Viber or Kik as a cover to siphon sensitive data and carry out unauthorized fund transfers by abusing the accessibility services API.

Also discovered by Cyble is a cloud mining scam that "prompts users to download a malicious application to start mining," only to take advantage of its permissions to the accessibility services to gather sensitive information from cryptocurrency wallets and banking apps.

The financial trojan, codenamed Roamer, exemplifies the trend of utilizing phishing websites and Telegram channels as distribution vectors, thereby effectively widening the potential victim pool.

"Users must exercise caution and refrain from following suspicious cryptocurrency mining channels on platforms like Telegram, as these channels can lead to substantial financial losses and compromise sensitive personal data," Cyble said.

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Spectra Logic and Titan partner to expand EMEA market footprint … – GlobeNewswire

BRACKNELL, UK, June 14, 2023 (GLOBE NEWSWIRE) -- Spectra Logic, a global leader in data management and data storage solutions, today announced that it has partnered with Titan, a specialist distributor offering end-to-end data management solutions and cybersecurity services. The relationship, which spans the EMEA region, will leverage Titans knowledge of and track record in the data management industry to further broaden Spectras reseller base.

Craig Bungay, Vice President of sales for EMEA at Spectra, commented, "There is perfect synergy between Spectra and Titan Were both committed to providing solutions that address key customer challenges. Spectras approach to on-prem Glacier and digital archiving requires the skill and market knowledge that a partner like Titan brings in order to meet the demand for our data management portfolio."

This partnership will see Titan distribute the entire Spectra product portfolio, including object storage and NAS with the BlackPearl Platform, StorCycle enterprise software for digital archive, and the companys full range of tape libraries to its resellers, targeting horizontal and vertical markets such as media and entertainment, life sciences, and HPC.

Both companies see a number of benefits in this new partnership, mainly because Spectra helps customers in many different industries optimise their storage infrastructures with innovative data management and storage solutions, proven across multiple global markets.

David Treadwell, Solutions Director at Titan,said: With a strong focus on data management, Spectra Logic will help our resellers end users manage, store, and preserve data long-term, whether on-prem or within multi-cloud environments. While perhaps best known historically for tape, Spectras solution portfolio has expanded significantly over the past ten years, and its core value stems from its software stack that enables customers to better manage and protect their data.

Through its broad technology range, Spectra will help Titans customer base at every stage of the data lifecycle, with solutions around hybrid cloud, object storage, data management software, S3 and NAS storage, tape libraries, and of course a complete digital archive solution.

About Spectra LogicSpectra Logic develops a full range of data management and data storage solutions for hybrid cloud. Dedicated solely to data storage innovation for more than 40 years, Spectra Logic helps organisations modernise their IT infrastructures and protect and preserve their data with a broad portfolio of solutions that enable them to manage, migrate, store and preserve business data long-term, along with features to make them ransomware resilient, whether on-premises, in a single cloud, across multiple clouds, or in all locations at once. To learn more, visit http://www.spectralogic.com.

About TitanTitan is a specialist distributor offering end-to-end data management solutions and cybersecurity services. Our teams expertise in data storage, data management and cybersecurity solutions help bridge the technical skills gap between vendors, resellers and end users. By providing best-of-breed products and services, we simplify data management across the lifecycle, ensuring your customer always receives the best fit solution. http://www.titandatasolutions.com

Follow Spectra Logic on social media: Twitter: @spectralogicFacebook: https://www.facebook.com/spectralogicLinkedIn: https://www.linkedin.com/company/spectra-logic Instagram: @spectralogic

# # #

Spectra and Spectra Logic are registered trademarks of Spectra Logic Corporation. All other trademarks and registered trademarks are the properties of their respective owners.

Amazon Glacier is a registered trademark of Amazon Technologies, Inc.

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Parent Locked Out Of 12-Year-Old’s Health Records By Casper’s … – Cowboy State Daily

Caspers Banner Health has revoked at least one parents access to her childs medical records online now that the child is 12 years old, according to a tip sent this week to Cowboy State Daily.

Access to your childs account has been revoked, reads a screen shot of Banner Healths message to the parent. The reason for this is because the child is now between the ages of 12 and 17. Based on state law, a minor child may consent to certain treatments without parental consent.

Records of those treatments are protected, Banner Healths note continues, and may not be released to a parent without the minor patients consent.

Because the hospital cant separate those protected records out, it denied the parent proxy access to her childs patient account.

The parent still can request the childs medical records by going to a Banner Health hospital or clinic and completing a request for certain records, the note says.

It adds: We can limit access to records of treatment that may not be provided without the minors consent.

Banner Health,in response to Cowboy State Daily inquiries,sent an email roughly reiterating its note to the parent and referencing the 1998 Childrens Online Privacy Protection Act.

The act doesnt center around medical treatments;it was designed to protect children from data-mining websites by requiring disclosures and parental consent.

Because, Consent

A friend of Rep. Landon Brown, R-Cheyenne, sent him the note, which he in turnshared withCowboy State Daily.

Brown was concerned. He met with Banner Health leadership Thursday, and his concern swelled to frustration, he told Cowboy State Daily.

Theyre claiming now only the person who receives the treatment and consents to the treatment has access to medical records, said Brown of Banner Healths stance.

Brown said Banner Health leadership referenced the Health Insurance Portability and Accountability Act (HIPAA), which sets privacy standards in medical care.

The U.S. Department of Health and Human Services reads HIPAA as promising privacy for children in situations where the child can consent to care on his own. The agency has codified its interpretation into regulation.

Brown said hes discussing that interpretation with attorneys and has asked Wyomings Legislative Service Office to look into the issue.

When it comes to childhealth care, the parent should have access to the records at all times, said Brown. Those parents are responsible for their childs wellbeing.

Brown or another legislator will likely bring a proposed remedy in the upcoming state legislative session, he said.

Plagues, Abortions, Emancipations And STDs

There are a few instances in Wyoming law wherein children have medical decision-making power, such as when a child is legally emancipated from his parents.

Wyoming law allows children to petition courts for special permission to get an abortion without a parents consent.

It also lets children consent to care for sexually-transmitted diseases.

During a public health emergency, the state health officer may subject a child to vaccination or treatment without consent if the childs parent cant be found and the treatment is necessary to protect public health or to protect the child, the law says.

Authorities can subject a mentallyill child to treatment during an emergency detainment situation if safety demands it.

Parents also can authorize medical autonomy for their children.

State law doesnt appear to promise medical records privacy for the child from his parents in those instances.

Seems Like Overkill

Banner Healths note indicates that parents can apply for records at a facility, but not access them in total online, and the hospital can restrict access if it identifies privacy issues under its federal consent interpretation.

Sen. Cale Case, R-Lander,calls thatoverkill.

It seems like overkill to restrict all records just in the case of these specific procedures where a child was allowed to go out on their own, said Case. Thats like one in 10,000 maybe. But say its one in 100youve got 99 out of 100 people (for whose sake) youre preventing parents from having their rights with their children.

Brown said the Casper facilitys online records system may be unable to separate out those exempted treatments,and Banner Health is sending parents to facilities in person so that a human, rather than a computer system, can determine which records the hospital deems shareable.

The legislator reiterated his disagreement with that stance, however.

Maybe A Glitch.

Or it could be a glitch, Republican Rep. Dan Zwonitzer,chairman of the House Labor, Health and Social Services Committee, told Cowboy State Daily.

Theyre looking into it, from what I understand, said Zwonitzer, adding that the topic may surface at next weeks meeting of his committee in Evanston.

(Theyre) just locking out the online portal, said Zwonitzer. Parents certainly have access to all their childs medical records up until the age of 18.

Zwonitzers conversations with hospital personnel so far have left him with the impression that the system has a glitch that Banner could fix.

But if theres something more there, well certainly discuss it with Banner Health and determine if any kind of statutory changes are needed, he said.

Working On This

That wasnt Browns impression at all. He characterized the hospital as doubling down on its reluctance to share some records with parents in cases allowing child consent.

Im just extremely disappointed in what their response was, said Brown. We will clearly be working on this.

The Whole Patient Population

Rep. Jeanette Ward, R-Casper, told Cowboy State Daily that Banner Health sent the same note to the whole patient population of children turning 12.

She shared Brown's frustration.

"I think it's ridiculous that a parent cannot have access to their 12-year-old's online medical records and yes, this needs to be remedied by law," said Ward.

She asserted that government, school districts and authorities other than parents are part of a societal erosion of parental rights, and said society should work to secure those rights instead.

"We can start by declaring that PARENTS are the primary stakeholders in their children's education and healthcare," said Ward in an emailed statement to Cowboy State Daily.

Clair McFarland can be reached at Clair@CowboyStateDaily.com.

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Everything You Need to Know About Amazon Blink – Nigeria News … – NNN NEWS NIGERIA

Introduction: What is Amazon Blink?

Amazon Blink is a brand of home security devices owned by Amazon. It was initially founded in 2009 as a startup company known as Immedia Semiconductor which then became Amazon Blink in 2017 after the acquisition by Amazon. Amazon Blink provides smart home monitoring devices that work seamlessly with Amazon Alexa, offering customers a complete home security solution.

The Blink Indoor Camera is a wireless, motion-detecting security camera that can be placed in any room of your home or office. It has a battery life of up to two years and captures 1080p HD video, even in low light conditions. With the Blink Indoor Camera, you can check on your home at any time from the Blink app on your smartphone or tablet.

The Blink Outdoor Camera is a weather-resistant, wireless camera that can be placed outside your home to monitor your property. It has a battery life of up to two years and captures 1080p HD video with night vision. The Blink Outdoor Camera is easy to install and comes with customizable motion detection zones to help you keep an eye on specific areas of your property.

The Blink Mini Camera is a compact, indoor security camera that captures 1080p HD video and has two-way audio. It can be placed on a tabletop or mounted on the wall and is easy to set up with the Blink app. The Blink Mini Camera also works with Amazon Alexa, allowing you to use voice commands to view live streams or recorded clips.

The Blink Video Doorbell is a wireless video doorbell that allows you to see, hear, and speak to visitors from your smartphone or tablet. It captures 1080p HD video with two-way audio and has customizable motion detection zones. The Blink Video Doorbell also has a battery life of up to two years and comes with a removable battery pack for easy charging.

All of Amazon Blinks devices are wireless, which means you dont have to worry about running cables or drilling holes in your walls. They connect to your home Wi-Fi network and can be easily set up and managed through the Blink app on your smartphone or tablet.

Amazon Blinks devices have customizable motion detection zones, allowing you to choose which areas of your home or property to monitor. When motion is detected, youll receive an alert on your smartphone or tablet, and you can view live streams or recorded video clips through the Blink app.

All of Amazon Blinks devices work seamlessly with Amazon Alexa, allowing you to use voice commands to view live streams or recorded clips. You can also use Alexa to arm or disarm your security system, or to set up a routine that turns your cameras on or off at specific times.

Amazon Blinks devices come with free cloud storage for up to two hours of video clips. You can also upgrade to a paid subscription plan for longer storage periods and additional features, such as the ability to create custom motion detection zones or to share access with family members or friends.

Amazon Blinks devices work by connecting to your home Wi-Fi network and sending alerts to your smartphone or tablet when motion is detected. You can then view live streams or recorded video clips through the Blink app on your device. The devices also work with Amazon Alexa, allowing you to use voice commands to view live streams or recorded clips.

Amazon Blink is ideal for anyone who wants to monitor their home or property while theyre away. Its perfect for families with children or pets, as well as for individuals who travel frequently or who live in areas with high crime rates. Amazon Blinks devices are also easy to install and use, making them an excellent option for people who are new to home security systems.

Amazon Blink offers a complete home security solution with its range of wireless, motion-detecting devices that work seamlessly with Amazon Alexa. With customizable motion detection zones, easy installation, and cloud storage, Amazon Blinks devices are an excellent option for anyone looking to monitor their home or property while theyre away.

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Democracy at Stake: The Unethical Path of Tech Giants … – SMERCONISH

Ethical people do unethical things; thats human nature. We are always internally fighting against those forces that would tempt us in some negative way, and sometimes, our better angels dont win. There are many lessons in this vein we can learn from the tech boom as a result of the widespread adoption of the internet, the single greatest communication platform humanity has ever seen.

Innovation is awarded, expansion of business, and the reach to potential customers is unparalleled online, and with success in these two comes unfathomable wealth that potentially anyone with programming skill and some foresight can achieve, regardless of previous status. However, with the drive for expansion and accumulation of wealth comes serious questions about the ethics of how to best serve the public.

Big Tech and The Drive to Decline

The lesson learned by the elite tech wealthy is that they owe society nothing in terms of helping to secure and protect the democratic norms that have made many countries successful enough to support a burgeoning billionaire class. So when you bite the hands that feed you, how do we, as the collective hand, respond? Apparently, its to let them keep biting us harder.

Big Tech has created the structure that has allowed anger and autocracy to thrive in the name of innovation. They finally put all the nails in democracys coffin. Let me explain.

The previous nails helped to erode the core of what society was in the name of progress. The Amazons of the world decimated the competing small business sector, took innovative products, and weaponized them against us. The Alexa voice assistant and Ring Doorbell have data mined us, our children, and our neighbors. Amazon illegally stored childrens data indefinitely, violating multiple laws, including the Childrens Online Privacy Protection Act.

War Crimes, Genocide, Disinformation, Depression, and More Have Also Thrived Under Their Watch

Outside of illegally data mining us which made founder Mark Zuckerberg billions after he was caught, Facebook has; aided in literal war crimes, allowed genocide to occur in Myanmar, not been quick enough in policing live streams of rampaging gunmen, dropped a supercharger into foreign intelligence disinformation operations that have influenced elections around the world, harmed younger generations due to lack of policing of cyberbullying and introduced serious depression with an increase in suicides in the younger population. They also tried to cover up much of this in the name of profits.

Twitter, where civility has gone to die, was also illegally data mining its users and ramped up disinformation and anger. Now that Elon Musk has bought it and destroyed two-thirds of its value in less than a year, a once useful (though convoluted) user verification system was dismantled in favor of anyone who wanted to pay for verification without verifying. This led to a pharmaceutical stock market disaster after a fake but verified account that looked like the company declared to the world that insulin would be free from now on, which lost them billions of dollars in a single day. Spoofing of notable people and brands has been rampant, with a more recent case involving a sitting member of the U.S. Congress, Alexandria Ocasio Cortez, successfully impersonated by a verified account.

Bots, often controlled by foreign governments, run rampant across these platforms. Yet, theyre somewhat reticent to stop it as the bots inflate the perceived numbers of users on the platform, which, in turn, motivates companies to advertise on their platforms. In the age of Generative A.I., those bots will be even harder to spot and mimic human behavior to the point where we may lose our reality.

The Acceleration of Societys Death Spiral

Weve been backsliding on social norms, decorum, discourse, and democracy for a few decades, but Big Tech is speeding this up like a drunk driver careening toward a tree.

Historically, these companies have little checks beyond infrequent slap-on-the-wrist government oversight. They all have ethics and safety teams dedicated to combating all of the negatives mentioned above, and this is where the final nail gets pounded in. During the pandemic, Big Tech went on a hiring spree to keep up with the demands of a growing user base working from home. Now that the world is past, or at least settled into the pandemic, the firings have started due to shareholder demand for better efficiency (meaning stop wasting money on too many employees).

What were the teams that got slashed the deepest or even closed? The Safety and Ethics teams. Wunderbar.

Facebooks team combating disinformation and misinformation had corporate buy-in in developing a new tool for fighting this onslaught and saw this needed project also cut along with their jobs. Under Musk, Twitter killed off their Human Rights, Security, and Public Policy teams. Amazons Twitch streaming platform fired their Responsible AI group, whose job was fixing the rampant racism and sexism on the platform. Alphabets Google also cut their Responsible AI team as well, and Google owns YouTube, the worlds largest self-sharing video site.

Societys Lack of Education on This Is a Clear Crisis

If the 2016 and 2020 U.S. elections have taught us anything, people are uneducated and fall for disinformation, spread it like wildfire with the help of algorithms, and cant be persuaded to understand what they just did and why its wrong. 2016 saw deep social divisions grow based on politically biased false evidence and narratives. 2020 took that division and widened it to the point where millions of Americans believed there was such an existential crisis in the government, society, and election that the only way to cure it was to storm the Capitol and stop a peaceful democratic process. Did all of these thoughts magically go away in the last year? Now, we are walking into a 2024 election with even fewer checks against the inevitable flood of disinformation we will be exposed to, thanks to Big Tech efficiency and the expanding use of A.I. to pump out fake news 24/7.

There are no easy answers here. Ive called for educating the general public on disinformation and logic, but honestly, that wont happen on any large scale. Besides shutting down social media platforms, the only solution is forcing them to have vast ethics and safety teams. That should be their cost of doing business. Honestly, they should want to help us here. An open society allowed them to thrive. Now its their turn to pay us back and help protect and rebuild the safeguards of democracy theyve damaged that ensure everyones freedom.

________________________________________________________________________________________________________________

An expert in cybersecurity and network infrastructure, Nick Espinosa has consulted with clients ranging from small business owners up to Fortune 100 level companies for decades. Since the age of 7, hes been on a first-name basis with technology, building computers and programming in multiple languages. Nick founded Windy City Networks, Inc at 19 which was acquired in 2013. In 2015 Security Fanatics, a Cybersecurity/Cyberwarfare outfit dedicated to designing custom Cyberdefense strategies for medium to enterprise corporations was launched.

Nick is a regular columnist, a member of the Forbes Technology Council, and on the Board of Advisors for both Roosevelt University & Center for Cyber and Information Security as well as the College of Arts and Sciences. Hes also the Official Spokesperson of the COVID-19 Cyber Threat Coalition, Strategic Advisor to humanID, award-winning co-author of a bestselling book, TEDx Speaker, and President of The Foundation.

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What Are the Advantages of Pursuing Data Science Courses Online … – The Good Men Project

Data science has quickly become a lucrative professional option as a result of widespread digitization. In order to maximize business outcomes by making the most of their data, forward-thinking companies throughout the world are looking for digital competence. However, the demand-supply gap for IT expertise is growing as the industry is rising and going through a tectonic upheaval. Numerous online platforms have developed data science courses at the undergraduate and graduate levels to fill the gap. However, due to time and money restraints, lack of access, and numerous other barriers, not everyone can enroll in full-time courses. This is where online certification programs might be useful.

In this article, we will understand the advantages of pursuing data science courses online over traditional in-person courses.

Data science is primarily concerned with finding hidden patterns in massive amounts of data by using a variety of tools, algorithms, and approaches. In contrast to conventional data analysis, data science seeks to go beyond insight discovery in order to make proactive decisions and predictions based on knowledgeable previous data trends.

The design of online data science courses is similar to that of traditional ones; the only distinction is the method of delivery. Typically, data science sessions are broken up into a certain number of weeks, with three to five lectures per week. Students receive tasks from teachers that they must finish within a set time frame. If an exam is required for the course, students must take it near the end.

The amount of interest, challenge, and suitability for students needs is what sets apart online data science courses from one another. An effective online course is one that incorporates these factors in a balanced way. These courses are now provided by numerous institutions and online learning platforms.

Data science online courses teach the fundamentals of data science, data collecting, supervised learning, cloud databases, predictive modeling, numpy, pandas, Ipython, python programming, relational database management systems, etc. It assists with database creation and access, writing simple SQL queries, filtering and sorting many tables, using Python to access databases, and working with actual datasets.

Online certification courses are very helpful to upskill you in this industry because data science is a huge, constantly expanding, and lucrative field. Online classes are undoubtedly the best option if youre more dedicated to your business. Data science is a lucrative career choice that facilitates rapid advancement in employment responsibilities based on the qualifications and expertise of the applicant.

Online education is gradually replacing traditional classroom instruction throughout the world. All because of scientific advancements. These affordable, engaging courses are everything that students are looking for. A large number of students can enroll in an online course at once as opposed to a small number in a traditional classroom.

To put it briefly, learning the fundamentals of data science can help a learner meet the current problems in the data analytics industry. For students who want to build a bright career in the data science field and experience general progress in the future, taking an online data science course is quite advantageous.

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Standardised ESG reporting could help solve mining’s image issues – Reuters

MELBOURNE, June 15 (Reuters) - A global move to standardise reporting on environmental, social and governance issues could make the mining industry more investable and help attract talented graduates to the sector, private equity and industry sources said on Thursday.

The mining industry has struggled with some poor environmental and social legacies that have impacted its ability to recruit young talent for whom ESG issues are a major concern. As the industry improves its standards, proactive companies are likely to attract fresh capital, they said.

"One of the things that our investors look for, that is top of mind, now, is the whole ESG equation ... Standards are being raised around the world," said Owen Hegarty, executive chairman of resource-focused private equity firm EMR Capital, which holds some $5 billion under management.

"If you can have a shining ESG beacon in the night on your credentials ... you will certainly attract more capital than anyone else," he added, speaking at a mining conference in Melbourne.

New guidelines from the International Sustainability Standards Board (ISSB) are the start of a wave of standardisation that will allow investors to quantitatively assess the ESG credentials of companies by sector and which the mining industry will ultimately be mandated to follow, said Aletta Boshoff, national ESG lead at advisor BDO.

"Comparable information is what investors want," she said.

Private equity has already put together standardised metrics, said Lauren McGregor, director at Resource Capital Funds, which had $2.5 billion under management at the end of March.

RCF is one of more than 325 private equity houses that have signed up to the ESG Data Convergence Initiative, which is creating standardised ESG metrics for the PE industry. Its signatories have combined assets under management $27 trillion.

"If we lean into it, it's a chance to make mining as a sector more investable," she said.

The sector can improve by seeking out and meeting the expectations of stakeholders early, not just those of shareholders but also governments, regulators and communities.

Miners that have been successful in various remote locations already have many of these standards built into their core operations, EMR's Hegarty said.

"It doesnt matter if youre in the Atacama or the red dust of Mt Isa, or the rainforests of north Sumatra .... Youve got communities. If they are not there when you show up, they will arrive eventually and their expectations, their requirements change over time," he said.

Managing environmental and social risks can be expensive but miners needed to look into what advantages ESG compliance could bring, said Steve Morgan, principal at corporate advisory Automic ESG.

One nickel company Automic ESG was advising was offsetting the costs of lowering its carbon footprint against an expected premium for its more sustainable product, he said.

"There is an upside for projects that have the right ESG credentials," Morgan said.

Reporting by Melanie Burton; Editing by Stephen Coates

Our Standards: The Thomson Reuters Trust Principles.

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Harmony Gold Mining Company Limited (JSE:HAR) is favoured by institutional owners who hold 62% of the company – Simply Wall St

Key Insights

If you want to know who really controls Harmony Gold Mining Company Limited (JSE:HAR), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 62% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.

Let's take a closer look to see what the different types of shareholders can tell us about Harmony Gold Mining.

Check out our latest analysis for Harmony Gold Mining

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

As you can see, institutional investors have a fair amount of stake in Harmony Gold Mining. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Harmony Gold Mining's earnings history below. Of course, the future is what really matters.

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Our data indicates that hedge funds own 5.0% of Harmony Gold Mining. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Looking at our data, we can see that the largest shareholder is Van Eck Associates Corporation with 18% of shares outstanding. With 12% and 10% of the shares outstanding respectively, African Rainbow Minerals Limited and Public Investment Corporation Limited are the second and third largest shareholders.

To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

Our data suggests that insiders own under 1% of Harmony Gold Mining Company Limited in their own names. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own R84m worth of shares. Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.

With a 10% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Harmony Gold Mining. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

It appears to us that public companies own 12% of Harmony Gold Mining. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.

It's always worth thinking about the different groups who own shares in a company. But to understand Harmony Gold Mining better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Harmony Gold Mining you should know about.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

Find out whether Harmony Gold Mining is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Harmony Gold Mining Company Limited (JSE:HAR) is favoured by institutional owners who hold 62% of the company - Simply Wall St

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Kiwis TikTok video lays bare the reality of working in Australian … – New Zealand Herald

A young Kiwi has shared the harsh reality of life as a fly-in-fly-out mining worker in Australia, an opportunity seen as a path to wealth by many.

Kieran Wealleans is an apprentice diesel mechanic but works long hours in a remote part of Australia with nothing to do outside work.

I work 11 hours a day, Monday to Sunday. I have no friends or family around me. I go home just to do the same repetitive cycle, Wealleans said on video-sharing social media platform TikTok.

I cant go for walks or anything cause the only thing is road that goes straight for three hours. I have f***-all service, but hey, at least the sunsets are cool.

In his video, which has been seen by more than 200,000 people since it was uploaded last month, Wealleans doesnt talk about the big money that entices workers - including many from New Zealand - to jobs in the mining industry.

But the average salary for fly-in-fly-out (FIFO) diesel mechanics is NZ$140,962, or just over $72 an hour, according to a story about the video on news.com.au

A normal day is 11 hours, but he usually did 13 due to overtime.

He worked three weeks on, one week off, Wealleans wrote in the comments section for his video.

It was hard to make friends because he worked alone and stayed in accommodation by himself in the middle of nowhere.

He hadnt chosen a FIFO role, Wealleans said.

My work just started doing FIFO and I dont have qualifications for anything else.

The video attracted hundreds of responses, many from current or former FIFO workers.

Some were understanding.

Thats why they call it the golden handcuffs we want out but the money keeps us in, wrote one.

Another wrote that FIFO feels like jail, while TikTok user Evan acknowledged the gig could get tough.

Important to stay out of bad habits and keep ya mind clear.

However, others were more forthright.

From one Kiwi who did FIFO to another youve got a choice dont like it, go home.

Kiwis have long sought the big bucks on offer for those willing to take on long hours and weeks at a time away from friends and family in remote locations across the ditch.

Mining revenues hit record levels in Australia last year - reaching NZ$496.8 billion, good news for New Zealanders cashing in on lucrative job opportunities.

Among them was a Kiwi miner with more than 30 years experience who told the Bay of Plenty Times Weekend he expected his wages would double to $180,000 a year - with potential to rise further - when he moved to Australia.

Not having to pay for accommodation, travel, or meals while working flying in and flying out on a two-week on and two-week off roster was a big attraction.

Ill come home on my two weeks off because there is more money to be made in Aussie and we are not keeping up.

Kiwis whod already made the move told the Bay of Plenty Times Weekend last month of high incomes that had allowed them to buy homes, investment properties, cars and toys, and they had financed frequent overseas holidays.

While some acknowledged the challenges of FIFO, the opportunities far outweighed them.

Former Whakatne pre-school teacher Gerri Mark now drives dump trucks in the mines in Western Australia after crossing the ditch in 2017 following a marriage break-up.

She earned $140,000 with four bonuses a year, had company health insurance, and worked 15 days on and 13 days off.

Ive made enough money to live an amazing life as an independent, single woman. I brought my first house two years ago and now Im looking at an investment property.

I paid cash for my Holden ute, I own everything in my house, I dont have a credit card and I pay cash for everything.

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Kiwis TikTok video lays bare the reality of working in Australian ... - New Zealand Herald

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