miércoles, 1 de octubre de 2014

China to impose revamped coal tax in December

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China News Digest
Thursday 2 October 2014
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The new resource expected to encourage a more efficient use of coal, which has been blamed for the nation's severe air pollution troubles.

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At the 2014 Hong Kong Gem & Jewellery Fair.

The company was granted final permits for its long-delayed and three times more expensive than originally expected Minas Rio iron ore project.

Analysts say this is "make or break" time for the company behind the massive mine, Sirius Minerals.

Coal currently generates about 36% of global electric power, according to the energy watchdog.

The slump in the gold price that has occurred in recent months shows no signs of letting up, and the latest import data from China will not give any joy to gold bugs.

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Industry body sees demand rising as economic growth lifts consumers' incomes.

Today's interim injunction prevents Mineralogy from stripping its Chinese business partner from its iron ore mining rights in the Pilbara.

An average nickel price of US$20,000 per tonne has been forecast for Australian nickel producers in 2015 – but the sector has been urged to keep its grass roots focus on untapped potential nickel discoveries in Australia, rather than overseas.

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