Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.
Coal Mining News
That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.
India’s decision to allow private and foreign companies to bid for coal mines without any end-use or price restrictions is likely to lure foreign mining giants, currently swimming in cash.
The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
BHP’s first-half results missed analysts’ expectations and the shares fell 4.6 percent, on pace for the biggest daily drop since April.
Tensions have mounted between the Mongolian government and its fellow shareholders in Oyu Tolgoi, where Rio Tinto is operating a huge underground extension.
The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.
The biggest players in Colombia's coal industry are Drummond Co, Glencore Plc, Murray Energy Corp's Colombia Natural Resources, and Cerrejon.
New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."
Base metals should continue to do well in 2018 along with the US steel industry, though American coal will continue to lose ground to natural gas.
To understand the big challenge facing U.S. coal miners, look no further than Cloud Peak Energy Inc.
Data shows that two years after the worst of the raw materials slump is over, investors are still not ready to pour in fresh funds despite a price rally.
Top listed copper producer Freeport jumped 7.4% and with Vale – up 6% – was among the NYSE's top 10 most actively traded stocks.
Mine development stalled under Mugabe, whose policies led to a collapse in the economy and hyperinflation.
The chief coal analyst at Noble Resources said on Tuesday that imports to India will rise after falling in the last two years.
The attack occurred late on Monday in northern La Guajira province where the open-pit coal mine is located.
Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
A worker died on Monday night while clearing a blocked ore pass at the company’s Driefontein gold operation in South Africa.
Coal mines that fail to meet safety measures or operational standards will be ordered to close and rectify violations, the State Administration of Work Safety said.
The Carnegie Mineralogical Award honors outstanding contributions in mineralogical preservation, conservation and education.
A funding proposal for a rail line that could carry its coal to the coast for export has been canned.
The largest union at Cerrejon has reached an 11th-hour salary and benefits deal with the company, avoiding a strike, the union said on Thursday.
Indonesian coal buyers holding back orders of fuel after government issued new shipping rules for coal and crude palm oil that restricts exports to vessels.
The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.