BUCHAREST, Romania — Romania's lower house of Parliament has rejected an amendment to a mining law that would have allowed a Canadian company to go ahead with plans to build Europe's largest open cast gold mine.
Bob Diamond is asking investors for $250 million to fund a new venture with African billionaire Ashish Thakkar.
Thermal-coal prices may be running out of steam as Asian power producers wind down purchases after a period of prewinter stockpiling and an underlying supply glut reasserts itself.
Gold was trading near its three-week high on Wednesday
The removal of restrictions tied to one of China's biggest purchases of a resources company eases doubts about the new government's willingness to attract foreign investment.
Permission is granted for coal to be mined from a site in Nottinghamshire despite local opposition.
Supreme Court justices on Tuesday expressed sympathy for the Environmental Protection Agency's approach to air pollution that crosses state lines.
China's state-owned Chinalco Mining begins operations at its Toromocho open-pit copper project in Peru