Paris City Council passed a motion last night where its members ask the CEOs of the world’s largest insurance and reinsurance companies to stop insuring coal projects.
FRANCE Mining News
ERAMET said the offer would enable the full consolidation of the TiZir joint venture.
The company has entered into an agreement to buy Aurenere, a project located in the northern Spanish province of Lleida.
French uranium mining group Areva closing the book on a years-long restructuring but still facing an uncertain future, with uranium prices at decade lows.
The institution will stop all lending for oil and gas projects after 2019, with some exceptions.
AXA and three other French investment groups follow the World Bank's lead.
They are puzzled by the finding of 21 Islamic gold dinars at an abbey in eastern France.
EDF has been experiencing delays in restarting some of its nuclear reactors.
A September proposal to replace the tax on high-end assets with just a real estate tax was met with public uproar.
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.