Finland to ban coal use for energy by 2030
Coal use has been steadily falling in the European nation since 2011 and it currently generates barely 8% of its power needs.
Cecilia Jamasmie , Editor-in-Chief
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China to invest $1.3bn expanding Toromocho, its largest overseas copper project
Preliminary deal is part of a series of agreements signed this week that will see China pouring close to $5.3 billion into Peru’s mining and energy sector.
Dr. Copper hints mining sector officially out of intensive care
Prices for the metal soared again Thursday to more than $5,700 a tonne.
French man finds $3.7M worth of gold in his new house
An estimated 220 pounds (100 kg) of the precious metal was located all around the home, including 5,000 gold pieces, two 26-pound bars and 37 smaller bars weighing two-pounds each.
Potash Corp cuts production, lays off 140 from Cory mine
The company also said it expects layoffs resulting from temporary production halts at its Lanigan and Allan mines in early 2017.
Dollar knocks gold price below $1,200
A resilient dollar extended its rally thanks to strong US economic data that further made a Federal Reserve interest-rate increase next month as certain as death and taxes.
Rio Tinto sells Scottish aluminum assets for $410 million
With this deal, Rio has now agreed to more than $1.3bn in divestments this year.
Congo gets firmer grip on Ivanhoe’s Kamoa-Kakula copper project
Canada’s Ivanhoe Mines and joint-venture partner Zijin Mining have transferred a further 15% interest in their Kamoa-Kakula copper project to the DRC’s government.
Polemic around Canadian firm’s gold project in Ireland heats up
Locals oppose to the Dalradian Resources' plans to build a processing plant at its Curraghinalt project, which will use cyanide to extract gold.
Eldorado Gold officially out of China
Company has finished selling its stakes in the White Mountain and Tanjianshan mines, as well as in the Eastern Dragon development project to an affiliate of China’s Yintai Resources.
Newmont eyes 5M-ounce boost from Lihir gold mine
Management noted progress in growth projects, including regulatory approvals for Red Chris, and Cadia resuming production.