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Search date: 15-07-2019 Return to current date: Click here

Pakistan to pay foreign firm $6.0b over mine closure: WB

ISLAMABAD, July 14 (AFP): Pakistan will have to pay almost $6.0 billion in damages to a foreign gold mining firm whose dig was shut down by the government in 2011, the World Bank (WB) said Sunday.The consortium Tethyan Copper company -- of which Canadian gold firm Barrick and Chile's Antofagasta...

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Turkey will drill for gas until Greek Cypriots accept plan

ISTANBUL, July 14 (Reuters): Turkey will continue drilling for gas in waters off Cyprus if the internationally recognised Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Cypriots, Ankara's foreign minister said on Sunday.Mevlut Cavusoglu said a proposal by Turkish Cypriot leader Mustafa Akinci that both...

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Brazilian coffee exports to China up 23.1pc from Jan to May

SAO PAULO, July 14 (Xinhua): Brazilian coffee exports to China increased 23.1 per cent year on year during the first five months of 2019, a local industry association reported Saturday.Brazil exported 88,179 bags of coffee to China from January to May in 2019, according to the Brazilian Council of Coffee...

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Central Africa panel recommends closure of 4 Chinese gold mines

BANGUI (Central African Republic), July 14 (AFP): Four Chinese-run gold mines should be closed in the Central African Republic because of pollution threatening public health, a parliamentary panel said in a report published Saturday."Ecological disaster," "polluted river," "public health threatened," were some of the phrases used in the report."Gold mining...

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Beijing's food industry grows steadily

BEIJING, July 14 (Xinhua): China's food industry registered a steady growth in the first five months this year, official data showed.Retail sales of grain and oil, food, beverage and tobacco and alcohol hit 816.51 billion yuan (about 118.89 billion US dollars) in the period, up 9.5 per cent from one...

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