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VIDEO: The Indian coal mines in Australia

2014-10-24 15:18:49| BBC News | Business | UK Edition

Several large Indian companies are developing their own mines in Australia, but environmentalists are concerned for the future of the Great Barrier Reef.

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Abandoned mines spill orange sludge near southern Arizona attraction

2014-10-16 03:55:34| Waste Management - Topix.net

A popular tourist attraction in southern Arizona is at risk of being contaminated with orange and brown sludge that spilled from two abandoned mines near Patagonia. The Arizona Department of Environmental Quality has issued a notice of violation to an Asarco trust that owns the Trench Camp Mine near Patagonia, Arizona.

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New coal mines are financial "madness" - analysts

2014-09-22 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: A controversial coal project that threatens Australia`s Great Barrier Reef and the climate makes no financial sense for investors, say analysts. Plans for greenfield mines in the Galilee Basin involve building new port terminals near the fragile coral ecosystem. If they reach full production, Greenpeace estimates the mines could lead to carbon emissions equivalent to the seventh largest country in the world. In a new report, the Carbon Tracker Initiative (CTI) warns investors that this is among...

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New China coal mines uneconomic

2014-09-22 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A potential $112 billion (R1.2 trillion) of coal mine expansion and development to 2025 is uneconomic at current spot coal prices, a report by non-profit financial think tank Carbon Tracker Initiative (CTI) said on Monday. CTI, which works to highlight how investment in fossil fuel resources might be affected by the global drive to curb climate change, said many of the world's future coal mines are not economic as Chinese demand growth slows. The report was published the day before a major...

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