jueves, 16 de noviembre de 2017

Canada says coal not coming back, US and Germany differ

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Mining News Digest
Friday 17 November 2017
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Nearly 20 countries have joined a British-Canadian initiative to phase out coal from power generation before 2030.

"We have a strong sense of urgency," chief executive Andrew Mackenzie told reporters following the company's annual general meeting in Melbourne.

The mine was located on a 2,800-metre high mountain.

"Hedging by means of long-term (supplier) contracts is [] way to control such new issues (of securing materials supplies)," says VW head of sustainability.

Zinc production rose 3.8 percent to 577,000 tonnes year-on-year, while copper was up 6.3 percent at 781,000 tonnes, the data showed.

India's New Delhi banned the burning of petroleum coke on Nov. 1, part of measures aimed at curbing air pollution, which last week reached 10 times the recommended limits.

Suncor Energy Inc. says it will spend between $4.5 billion and $5 billion in 2018 to deliver average upstream production of about 760,000 barrels of oil equivalent per day.

Ontario Securities Commission says administrative penalty of up to C$1 million ($784,190) is due to Omega failure to comply with provincial securities law.

Indian mining industry has for months lobbied for a cut in the export duty as the country is saddled with a surplus of around 149 million tonnes.

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