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Biden poised to freeze oil and coal leasing on federal land

29 January 2021 - 14:32
President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about 10% of US supplies, according to four people familiar with the matter.

Gates, Bezos-backed fund offers $1bn to clean energy start-ups

29 January 2021 - 14:17
Breakthrough Energy Ventures (BEV), the clean-tech fund backed by billionaires including Bill Gates, Jeff Bezos and Michael Bloomberg, has raised $1 billion for the second time in four years to help start-ups capable of cutting global emissions.

Iran, S. Korea discuss details about transferring frozen funds

23 February 2021 - 01:57
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati met with the South Korean Ambassador to Tehran Ryu Jeong-Hyun on Monday to discuss the details regarding the transfer of Iranian frozen assets in the Asian country.

Silver price will outshine gold as demand hits 8-year high in 2021 – Silver Institute

12 February 2021 - 21:57
Global demand for silver will rise to 1.025 billion ounces in 2021, its highest in eight years, as investors and industry ramp up purchases, the Silver Institute said on Wednesday, predicting that prices would rise.

Copper price rally resumes on US stimulus, decade low China stocks

9 February 2021 - 00:53
Copper prices rose on Monday as optimism around a US stimulus raised hopes of higher demand for metals and a recovery in the world’s biggest economy.

Active, abandoned coal mines emit more methane than previously thought

8 February 2021 - 01:13
Methane emissions from coal mines are approximately 50% higher than previously estimated, according to a recent study by researchers at the Pacific Northwest National Laboratory, the US Environmental Protection Agency, Raven Ridge Resources and Ruby Canyon Engineering.

Brazil mining agency to hire more inspectors, allowing annual checks on all tailings dams

2 February 2021 - 03:12
Brazil’s National Mining Agency (ANM) is set to hire 40 more safety inspectors, to more than double the total number of inspectors, allowing it to check all the country’s tailings dams annually, the agency’s director told Reuters on Thursday.

Vale extends settlement talks over mining disaster for 15 days

2 February 2021 - 03:11
On January 25, 2019, the Córrego do Feijão dam near the town of Brumadinho collapsed, releasing 9.7 million cubic meters of waste. Image courtesy of Earthworks.

BHP and Vale’s Samarco hit with nearly $ 1 billion suit

2 February 2021 - 03:09
BHP and Vale’s beleaguered Samarco joint venture in Brazil has been hit with an almost $1 billion lawsuit from noteholders who accuse the company of ignoring their requests to restructure their debt.

Coal wins curious reprieve in Biden’s assault on climate change

29 January 2021 - 14:42
President Joe Biden enlisted the entire US government in the fight against climate change on Wednesday, even telling the Central Intelligence Agency to consider global warming a national security threat.
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