The United States is wagging its finger at Zimbabwe, threatening to ratchet up sanctions over a plan to develop a platinum mine involving Russian and Zimbabwean companies.
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The underground portion of the Oyu Tolgoi copper-gold complex is no closer to fruition, after the parties behind the US$5 billion operation let a Sept. 30 financing deadline lapse without applying for an extension.
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The $6 billion China Stone thermal coal project slated for Queensland is pushing on, despite sliding prices and other mine closures, with the proponents submitting a plan to export 38 million tonnes of thermal coal a year.
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