Monthly Archives: January, 2012
River water pollution triggers panic buying in China
Residents of a city in southern China are rushing to buy bottled water after excessive levels of the carcinogen cadmium were found in a river source of drinking water, state media said Thursday the latest health scare to hit the country. Pollution of waterways by toxic run-offs from factories and farms is a pressing issue [...]
BP must include some Transocean oil spill damage
A federal judge on Thursday said BP Plc Transocean Ltd. to compensate for a number of compensatory claims over the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier, who oversees Multistate disputes over the spill, agreed with the Transocean drilling Swiss master was not responsible for compensation claims by third parties for [...]
Responsible gold mining within reach
While the United States, Australia, South Africa and China are among the top gold-producing countries in the world, there is a scrum in the third world countries to increase their prospecting and offering the chance for a better and cleaner company. Peru, Indonesia and Ghana are among many countries that the mining lake. Accelerated production [...]
South Africa’s Gold Miners Gain Most in four months on the Fed Rates
South Africa’s gold mining index climbed the most in four months as the price of the metal rose after the U.S. Federal Reserve extended a promise to keep interest rates near zero. The FTSE / JSE Africa Gold Mining Index (JGOLD) climbed 4.8 percent, the biggest gain since Sept. 19, from 1:09 p.m. in Johannesburg. [...]
BP can not collect a share of $ 40 billion from Transocean Spill Costs
BP Plc can not collect from Transocean Ltd. part of the $ 40 billion clean-up costs and economic damage caused by the 2010 oil well blowout and spill the Gulf of Mexico, a judge ruled, sending shares higher Transocean. BP to Transocean for pollution-related economic damage claims arising from its drilling contract to indemnify, U.S. [...]
Rig owner Saved Some Spill Costs
The owner of the drilling rig Deepwater Horizon does not have to damages relating to oil spills in the ocean in the worst offshore spill in U.S. history to pay, a judge ruled Thursday. BP PLC is required for Transocean Ltd., the owner of Deepwater Horizon, harmless against any damages related to the 2010 spill [...]
Oil slick potted near Costa Concordia wreck
ROME – Italian officials coordinating the rescue and pollution control efforts on the cruise ship Costa Concordia say an oily film is about 300 meters saw the capsized vessel. Samples are analyzed, officials say, but preliminary observations indicate a slight slick of heavy fuel oil and not in the tanks of Concordia. Absorbing panels around [...]
