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Lundin seeks up to $940mn for Ecuador gold mine

  Bloomberg Lundin Gold Inc. is forging ahead with its gold project in Ecuador, one of the world’s largest undeveloped deposits, in a signal the industry is moving back into expansion mode as the metal continues to rally. The Vancouver-based miner is planning to raise $820 million to $940 million in two phases to finance the Fruta del Norte project, ...

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Underground tomb for radioactive waste

  Eurajoki / AFP Deep underground on a lush green island, Finland is preparing to bury its highly-radioactive nuclear waste for 100,000 years — sealing it up and maybe even throwing away the key.Tiny Olkiluoto, off Finland’s west coast, will become home to the world’s costliest and longest-lasting burial ground, a network of tunnels called Onkalo — Finnish for “The ...

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Now, sun power will float on Japan lakes

  Bloomberg Developers first placed solar panels on water years ago to address land-based space constraints. Now, they’re finding floating plants may be more efficient. In a year-long study in Hyogo prefecture north of Osaka, solar panels installed on a reservoir generated 14 percent more power than those set up on the rooftop of an office building, according to the ...

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