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#OTTAWA, #Canada – The federal government is on the hook for at least $5.8 billion in cleanup costs for thousands of #Contaminated sites – up from about $4.8 billion last year.

The latest issue of the public accounts, covering the last fiscal year, says the liability stems from former #Mining sites, #Radioactive material, #Military operations, #Landfills and other contaminated properties.

Read more at: http://winnipeg.ctvnews.ca/federal-contamination-cleanup-tab-climbs-to-5-8-billion-public-accounts-1.2690738

So much for the idea that the #US shale industry would be killed by #SaudiArabia’s high-risk strategy, adopted a year ago, of keeping Opec’s taps open and flooding the market with supplies. #US oil production has barely been dented. Volumes have fallen 5% in the past six months, but the backdrop was a shale-driven 50% increase in production between mid-2012 and mid-2015, according to US government data.

Read more at: http://www.theguardian.com/business/nils-pratley-on-finance/2015/dec/07/saudi-arabias-640bn-dollar-question-oil-price

#ClivePalmer has lost a legal bid to force his estranged #Chinese business partner to pay his business empire millions of dollars, casting doubt on the future of his #Queensland Nickel refinery.
Palmer’s company Mineralogy claims it is owned millions by #CiticPacific in royalties from their joint #Sino #Iron project in Western #Australia.

Read more at: http://www.theguardian.com/australia-news/2015/dec/07/clive-palmers-nickel-refinery-in-peril-after-court-rejects-48m-legal-bid

The first shipment of #Uranium from #Canada under a five-year contract signed in April has arrived in #India. It marks #Cameco’s first supply of uranium to India,” the sources said.

#Norilsk #Nickel’s NORILSK #Copper brand was added to the list of approved brands for the #London #Metal Exchange’s Grade A copper contract this week, the Russian producer said Friday.

Read more at: http://www.platts.com/latest-news/metals/london/russias-norilsk-nickel-copper-brand-approved-26300716

#Conservatives vow to continue the fight against ‘corporate welfare’ as #Ex-Im renewal passes #Congress.

#President #Obama is expected to sign the bill today, reviving #ExIm and boosting the fortunes of companies like #Boeing, #GeneralElectric, and #Caterpillar that rely on the bank’s federal loan guarantees for foreign buyers of #US goods.

Read more at: http://fortune.com/2015/12/04/congress-export-import-bank/

Local news reports in #Chile are stating that “senior #Tesla executives” met with government officials to evaluate a partnership with state-owned mining company #Codelco in order to source lithium in the country.

The agreement would presumably be to supply Tesla’s #Gigafactory under-construction in #Nevada.

Read more at: http://electrek.co/2015/12/03/reports-tesla-evaluating-a-partnership-with-chilean-state-owned-mining-company-codelco-to-source-lithium-in-the-country/

http://www.miningpress.cl/nota/291115/tesla-quiere-a-codelco-para-explotar-el-litio