Announcement comes as Polish authorities work on a plan to group its loss-making mines into a “bad” or a “good” unit.
Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.
The sale price includes future payments of $50 million if certain coal benchmark prices reach specified levels over the next five years.
While coal sales have shown some signs of a rebound, low natural-gas prices continue to pressure the fossil fuel demand and pricing.
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
Eastern Kentucky could play a deciding role in a Senate race seen as important to establishing control of the United States Congress in upcoming mid-term elections.
Indonesia cannot build power stations fast enough. And neither can most of its Asian neighbours.
In response to popular demand from our home province of British Columbia, today we visualize the amount of natural resources extracted from BC each year.
The miner said the move was driven by its revised pricing outlook and adverse market conditions.
About 71% of the Northern Ontario First Nation community residents surveyed believe the provincial government is not doing enough to promote renewables.
Ex-billionaire Eike Batista’s main mining unit became the third of his companies to file for bankruptcy protection in a year.
The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.
Australian winner of Booker Prize said the $80,000 award means he doesn't have to become a mine worker anymore.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
Nobody likes taxes. However, when the super rich are stuck in forfeiting millions of dollars to taxes each year, they probably despise them even more than the average person.
Amongst the swathe of comment, reaction and analysis surrounding Glencore’s attempted takeover of Rio Tinto – revealed recently but rebuffed back in August – there was little surprise that Glencore would attempt such a move.
Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price.
SNL Energy provides its latest update on past and future coal unit retirements in the U.S. electric power sector. The analysis now includes more in-depth data on coal unit conversions to alternate fuels.
Welder at work.
The Guardian and ABC News led with the remarks in its coverage.
The US$3.4 billion project is expected to produce up to 5.5 million tonnes metallurgical coal per year and create 500 jobs in Queensland.
The sudden reversion to protectionism is designed to save the local coal industry.
The fog hanging over the South African assets of Continental Coal may clear in the next few days in the wake of 'offers' for the mines.
It is unclear whether Mick Davis bid for all the assets that BHP ended up including in the new to-be listed firm.
The commodities trader and miner explored a stock-exchange listing Down Under.
A new industry association representing oil and gas producers trying to develop a liquefied natural gas industry in British Columbia made its debut today with a warning: it’s no slam-dunk that LNG plants will be built in B.C.
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