China – cancels 200 coal-fired power plants due, in part, to constraints on the country’s freshwater supplies.
U.S. – coal production, particularly in eastern coal belt, plummets due, in part, to reduction in China coal demand. $Billions in mine and power plant assets are written off.
South Africa – Giant Medupi and Kusile coal-fired power plants are years overdue and may not have sufficient supplies of water to operate at full capacity if and when they are completed in the early 2020s.
Peru – Newmont Mining cancels the development of the $US 4.8 billion Conga copper and gold mine. $Billions in gold resources stranded.
Peru – Government cancels Southern Copper’s Tia Maria project due to opposition over public concerns about water pollution. $Billions in copper reserves stranded.
Romania – Gabriel Resources cancels one of Europe’s largest gold mines due to citizen opposition cyanide leaching to separate gold from ore. $Billions in reserves stranded.
India – Government halts construction of 2,000-megawatt Lower Subansiri Dam in Assam due to public opposition to evictions, loss of fishing habitat, and fear of increased floods.
Vietnam – Two dams on the Dong Nai River that would damage ecologically valuable and globally unique wetlands are cancelled.
Circle of Blue provides relevant, reliable, and actionable on-the-ground information about the world’s resource crises.