Rio Tinto to use solar technology to power California mine

Company will suspend operations at the McArthur River and Key Lake at the end of January for at least 10 months.

Armed separatists have occupied five villages in Indonesia’s Papua province, threatening to disrupt Freeport-McMoRan Inc’s giant Grasberg copper mine, which has already been hit this year by labor unrest and a dispute over operating rights.

It’s been a year since President Donald Trump’s election and his pledges to transform the energy markets haven’t exactly come to pass.

Glencore has extended a lockout of 190 workers at Oaky North mine in eastern Australia for a further two weeks.

Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.

The buzzword in the Brussels energy and climate bubble is 450, a number that is dividing European Union lawmakers and making coal-dependent Poland fume over upcoming reforms to the world’s biggest carbon market.

Company lost $69 million in its latest quarter as it more than doubled its production compared with a year ago.

Although there have been small gains in coal output and hiring this year, driven by foreign demand, production levels remain near lows hit in 1978.

In third-quarter production report, Glencore lowered its output guidance for copper, zinc and coal but said full-year earnings would not suffer.