A September proposal to replace the tax on high-end assets with just a real estate tax was met with public uproar.
FRANCE Mining News
With the move, the country’s central bank has completed its plan to bring back home 54,000 gold bars that were still being held in foreign vaults.
The Kiggavik uranium project called for one underground and four open-pit mines just west of Baker Lake, and would have provided at least 400 jobs.
Gold is trading slightly down from its Friday spot price close of $1,227.90, as investors digest the outcome of the recently-decided French presidential election.
The country's central bank has already repatriated 1,400 tons or 41.5% of its gold reserves.
In 2015, the country’s central bank transferred around 110 metric tons of gold from Paris and just under 100 tons from New York to its Frankfurt vaults.
The announcement comes as the company is laying off about 50 workers in Lynchburg, Virginia, a bit more than half the jobs it has cut in the US as of late.
PennEnvironment claims the steelmaker has repeatedly violated the federal Clean Air Act at its Monessen coke plant since the facility reopened last year.
The agreement ends decades of economic sanctions against Iran, and includes reductions in centrifuges, international inspections.
The industry body said that instead of fighting fossil fuels, industrialized nations should try to make them cleaner.
U.S., Canada, Germany, France, the UK, Japan, and Italy agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century.
The company now expects earnings before interest, tax, depreciation and amortization, which is a more closely watched metric than net income in the steel industry, to be between $6bn and $7bn.
A French court meted out a prison sentence of 15 years on Friday to a convicted drug trafficker considered the ringleader of a spectacular $100 million diamond heist at a Harry Winston jewelry store.
New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.
The assets include the coal mines of Berezovskaya and Pervomaskaya, which together produce 700,000 tonnes of coal a year.
The Canadian company, the world's third-biggest uranium miner, expects the mine to reach full production of 18 million pounds per year in 2018.
France is the world's fifth-largest holder of gold, only behind the U.S. Germany, the IMF and Italy.
Costs and challenges for mining the Arctic, meanwhile, on their way up.
Cameco’s Cigar Lake mine is set to become one of the world’s biggest by 2018.
Landscapers allegedly stole $1.2M in gold discovered on couple's property.
The plunge in iron-ore prices is damping profits at the firm’s mining unit.
Construction, not mining lifts the machinery giant's second-quarter results.
Government is touting the Four Mile mine as “the most significant deposit found anywhere in the world in the last 25 years."
Company acknowledges the short-term outlook is bad.
Siemens and partner Mitsubishi Heavy Industries came up short.