Mining News Pro - Surging electricity prices and ever-tighter European Union emission norms are pushing the bloc’s industrial producers toward nuclear power, according to the company that operates the continent’s biggest copper mine.

Tuesday, January 25, 2022 - 13:16:01

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Mining News Pro - The Queensland Resources Council’s (QRC's) latest 'State of the Sector' report shows more than 70% of CEOs surveyed were now investing in low emission technology (LET) research compared to 40% in 2019, and that nearly 22% were using renewable energy to power parts of their operations.

Thursday, July 15, 2021 - 13:40:20

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Mining News Pro - “We can address the looming bio-diversity crisis and reset the economy in a way that creates and protects millions of jobs,” Akanksha Khatri, Head of the Nature Action Agenda at the WEF, said in a statement. The transition to a green economy is being fuelled by minerals, with demand for resources projected to double by 2060. It means that the mining sector will play a critical role in the massification of technologies such as wind turbines and solar panels. Improving resource recovery in extraction can save up to $225 billion by 2030, the report says. “Mining and oil and gas operations often do not fully utilize all the resources in one site before moving on to new areas, increasing damage to biodiversity. New technologies and more mechanization could enhance material recovery rates by up to 50%.” Investing in environmental, social and governance (ESG) is currently estimated at over $20 trillion in assets under management, according to Deloitte’s estimates. Companies that fail to deliver value beyond compliance could face financial consequences and a blow to their reputations.

Sunday, July 19, 2020 - 10:13:38 AM

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