Tuesday, October 7, 2014

Canada's oil sands not dirty: EU

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Mining News Digest
Wednesday 8 October 2014
Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium

The EU new plan changes how refiners label the carbon intensity of their fuel.

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Once again the mining giant's $3.9 million project can't move forward until local indigenous groups who oppose it are better consulted.

"As we speak, in the end of 2014, I think we're pretty close to the edge of the precipice"

Cool pics.

There have been multiple occurrences in history where evildoers have breached security measures and gold has fallen into the wrong hands.

The news represents a relief for local authorities, which have seen several projects halted in recent months.

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The state government submitted an application to the federal government for 3mn m³ of dredging material to be disposed on land.

But with BHP Billiton's announced production boost the port is likely to recover quickly.

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KEFI Minerals (AIM: KEFI), an emerging gold miner with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to announce that it has reactivated the Mining Licence Application ("MLA") for its Tulu Kapi gold project in Ethiopia, which had been suspended in mid-2013 by the previous owner of the asset.

According to preliminary reports today from Bloomberg, Glencore (GLEN:LN) which is the fourth largest mining company by market capitalization is entertaining the idea of merging with iron-ore juggernaut Rio Tinto which would create the world's largest mining company in a +$160 billion deal.

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