Mothballed nuclear power plant is re-imagined as a beach resort
A nuclear power plant that was built in the Philippines but was never fueled up nor run is now a key attraction at a beach resort getaway.
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First Quantum gets out of Congo with $1.25 billion asset sale
First Quantum Minerals, the Vancouver-based copper miner embroiled in a dispute with the Congolese government over expropriation of one of its key assets, has sold its mines in the Central African country.
Potash producer Mosaic reports better than expected results
Fertilizer producer Mosaic Co. (NYSE:MOS) stocks were up US$2.50 this morning, after the company reported higher-than-expected quarterly profit as better prices helped offset a plunge in phosphate sales and flat potash volumes.
Canada’s asbestos industry on its way out
LAB Chrysotile Inc., one of the two remaining Quebec’s asbestos miners, has filed for bankruptcy because of high fixed costs and sharply declining revenues.
Union drops strike at First Quantum mine in Zambia
Workers at First Quantum Minerals' Zambian copper/gold mine resumed work this morning after the country’s minister of labour intervened to end the two-day wage strike.
Areva eyes stake in UK-based uranium enricher – paper
A Dutch paper reported on Thursday that France's Areva is eyeing a stake in UK-based uranium enrichment company Urenco.
China’s 2012 crude steel consumption to peak at 700m tonnes
The China Iron and Steel Association expects the country's crude steel consumption to rise 4% and peak at 700 million tonnes this year.
First Quantum suspends production at its copper/gold mine in Zambia
First Quantum announced that it is suspending production at its 80%-owned Kansanshi copper/gold mine in Zambia due to a labour dispute that started yesterday.
Scientists worry about a greenhouse feedback loop as the permafrost warms up
Given that the earth's temperature is rising, sciencetists are investigating if gases trapped in the permafrost are going to be released and what effect it will this have on the climate.
