Zijin Mining to take 9.9% stake in Montage Gold
As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.
American power generator Southern Co has announced that China will be the site for the first worldwide commercial implementation of the Transport Integrated Gasification (TRIGTM) technology for producing low-emission coal-based electricity. TRIG is an advanced integrated gasification combined cycle (IGCC) technology that produces electricity with lower emissions than traditional coal power plants. It also is compatible with lower rank coals that are abundant in China. (more…)