More than 100 coal mines in China halt operations for centennial
In Shanxi, the country’s biggest coal producing province, 128 of the fossil fuel mines accounting for nearly a quarter of the region’s capacity have suspended operation.
The writedowns are said to stem from Adani being forced to duplicate studies and redesign elements of the Carmichael project due to delays in regulatory approvals and ongoing legal challenges.
Indicated and inferred gold equivalent resources increased by whooping 208% and 172% respectively, when compared to the project’s maiden mineral resource estimate of 2015.
Blankenship served time in prison for safety violations connected to a 2010 disaster that killed 29 miners and is seen as the weakest of the three candidates in the upcoming primary.
Amid concerns Indonesia could exhaust existing minable coal reserves of 13 billion tonnes 25 years, the government is considering measures to push miners to carry out exploration work before they can obtain permits to increase output.