Chile dictates measures against mining companies for giant sinkholes

Chile dictates measures against mining companies for giant sinkholes

A sinkhole that was exposed last week has doubled in size, at a mining zone close to Tierra Amarilla town, in Copiapo, Chile, August 7, 2022. REUTERS/Johan Godoy NO RESALES. NO ARCHIVES. Register now for FREE unlimited access to Reuters.com Register SANTIAGO, Aug 16 (Reuters) – Chile’s SMA environmental regulator said on Tuesday it had … Read more

To rescue 10 trapped miners, Mexico turns to German, US companies

An aerial view shows the coal mine El Pinabete where miners remain trapped after it collapsed, in Sabinas, Coahuila state, Mexico August 15, 2022. REUTERS/Daniel Becerril Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Aug 16 (Reuters) – Mexico will ask both a German and a US company to help rescue 10 … Read more

Turquoise Hill rejects Rio’s $2.7 billion offer for the rest of the company

The Rio Tinto logo is displayed on a visitor’s helmet at a borates mine in Boron, California, US, November 15, 2019. REUTERS/Patrick T. Fallon Register now for FREE unlimited access to Reuters.com Register Aug 15 (Reuters) – Turquoise Hill Resources Ltd (TRQ.TO) said on Monday its special committee terminated a review of Rio Tinto Ltd’s … Read more

Copper speculators anticipate a downturn for the market and the world

LONDON, Aug 11 (Reuters) – Speculators in the copper market, seen as an indicator of the health of the economy, are betting a global downturn means the metal used in power and construction has further to fall, despite its recent rebound. The latest data shows more funds with bearish positions than bullish copper positions on … Read more

Berkshire CEO-designate Abel sells stake in energy company he led for $870 million

Gregory Abel, the CEO of Berkshire Hathaway Energy and who is designated to succeed Warren Buffett as Berkshire CEO, walks through the crowd at the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, US April 29, 2022. REUTERS/Scott Morgan Register now for FREE unlimited access to Reuters.com Register Aug 6 … Read more

Volvo Cars July sales drop 21.5%, sees improvement ahead

A staff member stands in front of Volvo XC60 and XC90 SUVs displayed at its booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, Aug 3 (Reuters) – Volvo Car Group’s (VOLCARb.ST) July sales were … Read more

From boom to gloom, Australia’s red hot property market hits reverse

SYDNEY, Aug 1 (Reuters) – This April, Australian home repairman Reis Saki put his parents’ house on the market in Melbourne’s outskirts, with hopes of a quick sale so they could move closer to family and health services. But six weeks and two interest rate hikes later, he withdrew the listing after receiving no offers, … Read more

Botswana’s Debswana diamond sales jump 54% in first half of 2022

A worker arrives at the Jwaneng diamond mine, operated by Debswana, a joint venture between Anglo American unit De Beers and the Botswana government outside Gaborone, Botswana, in this picture taken November 25, 2015. REUTERS/Siphiwe Sibeko Register now for FREE unlimited access to Reuters.com Register GABORONE, July 29 (Reuters) – Sales of rough diamonds by … Read more

Holcim raises full-year sales outlook after Q2 beats forecasts

The new logo of Swiss cement maker Holcim is seen in a block of concrete during the Holcim Capital Markets Day event in Basel, Switzerland, November 18, 2021. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register ZURICH, July 27 (Reuters) – Holcim (HOLN.S) beat sales and profit forecasts during its second quarter, … Read more

A year on, China’s CO2 market has yet to drive big emission cuts

SHANGHAI, July 22 (Reuters) – China’s year-old carbon market has given more than 2,000 power plants a taste of emissions trading, but design flaws and data fraud have meant limited large-scale greenhouse gas reductions and environmental gains, experts say. China’s much-heralded Emissions Trading Scheme (ETS) is already the world’s biggest, regulating around 4.5 billion tonnes … Read more