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There is a global fire sale of copper and coal mines
2016-01-27 13:26:08| Real Estate - Topix.net
It joins other global mining giants Glencore and Anglo American have already started selling copper and coal mines located in Australia, Chile and South Africa. Freeport hasn't named the mines it could sell.
China to shut down 4,300 old coal mines, ban new coal mines
2016-01-22 18:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: In December 2015, China announced a three-year ban on new coal mine approvals, starting 2016. China the worlds biggest coal producer and consumer is also planning on a number of other drastic measures to cut down coal from the countrys energy mix. In the next three years, China will aim to close 4,300 small and inefficient coal mines, remove outdated production capacity of 700 million metric tons and relocate 1 million workers, local media reported Thursday. The Chinese government plans to...
Obama to Freeze New Coal Mines on Public Land
2016-01-14 23:51:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Magazine: In his latest effort to secure his legacy as having actually done something about climate change, on Friday, President Obama will order the federal government to cease issuing new leases for coal mining on public land, an administration official tells the New York Times. Mining companies will still be allowed to exploit coal reserves that they have already leased, which the Times reports is enough to sustain current levels of production for 20 years, but the industry is facing hard times anyway....
Taseko Mines Ltd (TGB) Stock Rating Lowered by Zacks Investment Research
2015-12-23 06:28:09| Apparel - Topix.net
According to Zacks, "Taseko Mines is focused on acquiring ownership of and advancing exploration and related activities on known mineral deposits that have as their basic characteristic, large tonnage mineralization which, under metals price assumptions that fall within historical averages, are potentially capable of supporting a mine for 10 years and longer. " Other research analysts have also issued research reports about the stock.
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Oilfield firm donates $172M in software to School of Mines
2015-12-10 23:27:07| Oil & Gas - Topix.net
Oilfield services company Schlumberger has donated $172 million worth of software to the South Dakota School of Mines & Technology to strengthen the school's energy resources initiative. The Houston-based company provides technology and other support services for the oil and gas industry in areas such as western North Dakota's oil patch.
Tags: software
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