Energy policy for longevity of coal power

Keeping coal-fired power stations open for longer, as well as encouraging new investment, will be the focus of the government’s energy policy, Treasurer Josh Frydenberg says. Mr Frydenberg said a “sharp jump” in wholesale energy prices led to the closure of South Australia’s Northern Power Station and Hazelwood in Victoria …

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BHP takes $50m stake in Ecuador copper-gold play

Mining giant BHP is buying a $50 million stake in copper-gold explorer SolGold, the majority owner of a project in Ecuador. BHP has agreed to pay Canadian company Guyana Goldfields about £27.4 million pounds ($49 million) for a 6.1 per cent interest in the London and Toronto-listed company, which controls …

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