by Gordon Barratt | Oct 12, 2020 | News
Japanese trading house Mitsui & Co Ltd plans to sell its remaining stakes in coal-fired power stations by the end of the decade as it shifts to gas from coal to help achieve its 2050 net zero emission target, its chief executive told Reuters. “We still own stakes...
by Gordon Barratt | Oct 12, 2020 | News
South Korea’s coal consumption for electricity generation decreased 7 percent in 2019 from a year earlier due to its efforts to cut carbon emissions, a report said Monday. Asia’s fourth-largest economy consumed 94 million tons of coal to generate...
by Gordon Barratt | Oct 9, 2020 | News
Looking over the Mt Owen site. Image: Thiess. CIMIC Group is in the final stage of negotiations with a new investor in Thiess as it looks to offload a 50 per cent stake in the mining services company. CIMIC group executive chairman Marcelino Fernández Verdes stated...
by Gordon Barratt | Oct 9, 2020 | News
Newcrest Mining’s Cadia mine. The board of Newcrest Mining has approved stage two of the Cadia expansion project in New South Wales, which is expected to increase plant capacity and reduce production costs. The Cadia gold mine is one of Australia’s largest gold...
by Gordon Barratt | Oct 9, 2020 | News
Mining magnate Gina Rinehart, Australia’s richest person who has given millions to promote climate change doubt, at a horserace in Melbourne. She owns Riversdale Resources, with big plans for mountaintop removal mining in Alberta. Photo by Julian Smith/EPA. Two...
by Gordon Barratt | Oct 9, 2020 | News
Half of Spain’s remaining coal-fired power stations closed this summer, and more will follow in the next few months. The closures began after the European Union introduced new rules in 2016 that banned state aid to polluters in the energy sector. At least 1,100 jobs...
