Coal News

Coal mining, investment and price news

Glencore responsible for extension of coal strike in S. Africa — union

Cecilia Jamasmie | October 9, 2015
Glencore responsible for coal strike in S. Africa, says union

According to the National Union of Mineworkers (NUM), the Swiss-based company is the one “holding the whole process to ransom".

These are the top factors North American miners consider when buying equipment

Cecilia Jamasmie | October 9, 2015
These are the top factors North American miners consider when buying equipment

A survey of over 100 mining equipment buyers and decision-makers shows that 40% of them are still focused on cost cuts.

ArcelorMittal sued over pollution from US coke plant

Cecilia Jamasmie | October 8, 2015
ArcelorMittal sued over pollution from US coke plant

PennEnvironment claims the steelmaker has repeatedly violated the federal Clean Air Act at its Monessen coke plant since the facility reopened last year.

Indonesia promises Freeport to extend Grasberg contract

Cecilia Jamasmie | October 8, 2015
Indonesia promises Freeport to extend Grasberg contract

The approval will include “the same rights and the same level of legal and fiscal certainty provided under its contract of work,” the company said without elaborating.

Teck signs up for silver stream agreement with Franco Nevada

Michael Allan McCrae | October 7, 2015
teck franco nevada streaming silver agreement

Teck jumps 14%.

Coal, which built a Chinese city, now threatens to bury it

Cecilia Jamasmie | October 6, 2015

The West Open Mine, the largest open coal mine in Asia, is winding down.

Even top juniors are running out of money

Frik Els | October 6, 2015
Even top juniors are running out of money

New report on top 100 junior mining companies says "waiting it out no longer a viable strategy"

Glencore's Glasenberg urges rivals to shut lossmaking mines

Financial Times | October 5, 2015

Glencore chief executive Ivan Glasenberg stepped up his defence of the under-fire miner and trading house on Monday, calling on rivals to shut unprofitable mines and blaming hedge funds for pushing down commodity prices.

World's largest coal miner going gangbusters

Frik Els | October 5, 2015
World's largest coal company going gangbusters

Coal India will add 50 million tonnes to production this year with a target of 1 billion tonnes per year before the end of the decade.

Trans-Pacific Partnership will benefit Canada’s mining sector

Mining Association of Canada | October 5, 2015
first nations cariboo chilcotin region mining rules policies british columbia feat

Mining is one of Canada’s largest outward investing sectors.

Half of global coal output is uneconomical, Moody’s says

Globe and Mail | October 4, 2015

Half of the world’s coal isn’t worth digging out of the ground at current prices, according to Moody’s Investors Service.

30,000 South African coal miners poised to strike

Andrew Topf | October 4, 2015

The fate of the South African mining industry is once again in the hands of striking workers.

Controversial BC coal mine green-lighted with conditions

Andrew Topf | October 2, 2015
british columbia mining

BC government grants environmental assessment certificate with 24 conditions.

Commodities terrible, terrible quarter in just one chart

Michael Allan McCrae | October 1, 2015
headstone sick

Unless you were hiding out in rough rice or lean hogs, commodities were not your friend in the third quarter of 2015.

Fifty killed in a knife attack at a Chinese colliery

Michael Allan McCrae | October 1, 2015
50 dead knife attack chinese coal mine

Manhunt underway.

Low commodity prices could persist says Lagarde

Michael Allan McCrae | September 30, 2015
christine lagarde IMF low commodity prices

Change that is "necessary and healthy"

Rio Tinto agrees sale of interest in Bengalla Joint Venture for US$606 million

Rio Tinto | September 29, 2015

Bengalla is the smallest of three coal mines in the Hunter Valley of New South Wales in which Rio Tinto holds an interest, producing 8.6 million tonnes (3.4 million tonnes based on a 40 per cent Rio Tinto share) in 2014.

Alberta to phase out coal 'as quickly as we reasonably can' says premier

Michael Allan McCrae | September 29, 2015
rachel notley premier

Net carbon pricing may be too low.

Navigating the post PPL No. P15-IV-01 workplace examination

Dinsmore & Shohl LLP | September 29, 2015

The current metal/non-metal examination regulation falls far short of this important benchmark (clarity in terms of its requirements).

Australia’s minerals sector facing skills crisis

AusIMM | September 29, 2015
miners workers mining

The mining industry is now losing highly skilled professionals as they pursue alternative work.

World’s first deep sea mining proposal ignores consequences of its impacts on oceans

EarthWorks | September 28, 2015

As the deep sea mining industry chases investors at the Asia Pacific Deep Sea Mining Summit, a new critique by the Deep Sea Mining Campaign reveals indefensible flaws in the Environmental and Social Benchmarking Analysis of the Solwara 1 project commissioned by Nautilus Minerals.

Glencore: how did it go so wrong, again?

The Guardian | September 28, 2015

Glasenberg’s perceived arrogance has irked and magnified his misjudgments on how the financial markets might move.

China's cap-and-trade more bad news for coal price

Frik Els | September 28, 2015
China's cap-and-trade more bad news for coal

China's imports of coal is already down 28% this year.

Alberta will turn away from coal power, Rachel Notley tells Montreal business group

Michael Allan McCrae | September 28, 2015

The Alberta premier is starting a five-day eastern road trip to sell Alberta as a responsible energy producer and a good place to do business.

Glencore's ugly, ugly drop

Michael Allan McCrae | September 28, 2015
wipe out glencore drop

30% tumble.

Alberta to consider mountaintop coal mine for company facing environmental probe

Globe and Mail | September 27, 2015
alberta mining

Alberta’s energy regulator is about to consider a plan for a large mountaintop coal mine at the same time it investigates the proponent for possibly fouling a crucial spawning stream for endangered trout.

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