Coal consumption had been cut by 73% since 2006, Dong Energy said, and its power stations would replace the fossil fuel with sustainable biomass.
China Mining News
Coal generation in Europe is falling and will continue to do so due to competition from cleaner energy sources and governments efforts to cut emissions, a study by The Economist Intelligence Unit (EIU) shows.
Private equity firm Orion selling $1 billion worth of royalty, streaming and offtake assets covering gold, silver, base metals and diamonds.
Government is considering to extend the miner a temporary permit, valid for up to six months, which would pave the way for Freeport to resume exports from Grasberg.
Lithium Americas Corp. (TSX:LAC) announced major financings including private placements for an aggregate $106.5 million that highlights the serious interest in the lithium space, particularly from China, as it seeks to obtain access to the raw material that it needs for its battery plants.
Study shows global surplus of gold jumped to highest since 2005 at the end of last year while worldwide jewellery fabrication is back at 1988 levels.
International Lithium Corp. announces that Kirill Klip, the President of ILC, has been appointed as the Chief Executive Officer of the Company, such that he will act as the CEO, President and Chairman of the Company.
Steel the US has traditionally exported to TPP countries is high in value–added, which is exactly the kind of product that helps keeping the high-cost local steelmaking business afloat, analysts warn.
But at 6.8% in the fourth quarter China's economy "is now expanding faster than is sustainable" says new report.
The world's top diamond producer sold $720 million of rough gems at its January offering as retailers restocked after the holidays.
The world’s second-largest miner has agreed to sell its Coal & Allied Industries Ltd. subsidiary to Yancoal Australia Ltd., controlled by China's Yanzhou Coal Mining.
Met coal prices are already down 23% in 2017 as US producers plan to add 9m tonnes to export market.
Moves is expected to help the copper giant cope with a recently passed law that forces it to give 10% of its revenues to the armed forces.
Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.
The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.
Experts and industry actors interviewed by MINING.com see prices picking up this year, driven by declining supplies and the prospect of increased demand coming from construction, electric vehicles and other renewable technologies.
Iron ore price holds above $80 a tonne, doubling in value in a year as Chinese cargo volumes jump.
Concentrate imports for the full year up 28% to 17 million tonnes.
Far-reaching new mining rules ease a controversial ban on exports of nickel ore and bauxite.
Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.
World Bank's 2017 outlook says US impact on commodity markets diminished, but it's still number 1 for oil and number 2 in copper, aluminum and lead.
Coking coal takes 6% tumble on Tuesday for a $120 a tonne decline over just six weeks.
The move comes less than two years after the Montreal-based firm decided to add exposure to the steelmaking raw material by grabbing a stake in the fellow Canadian iron ore company.
The esoteric diamond industry has never been more interesting to observe and challenging to predict.
Company has decided to reconfigure the plan for its Turkey-based Kışladağ mine, which is its flagship operation.