Met coal prices are already down 23% in 2017 as US producers plan to add 9m tonnes to export market.
Coal Mining News
Markets are expecting a Trump economic miracle with real GDP growth estimates of 4% per year and more. The cheerleaders cite tax cuts, infrastructure spending and deregulation unleashing a wave of new economic activity. But that's not where growth comes from, argues Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, as they discuss some basic contradictions in Trumponomics.
Harvesting the power of the sun has been a human endeavor since the beginning of civilization.
Despite a spike in coal prices last year and promises of better times ahead for the sector by President-elect Donald Trump, the US coal industry will face further hardship this year, a new report argues.
Polling of 1,991 registered US voters show they want the local mining industry to generate jobs, help the economy.
The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.
Companies claim land transfer is de facto expropriation without consultation.
For companies servicing the mining sector, project opportunities have declined significantly in the past few years.
The Obama administration has called for a broad array of reforms to its coal-leasing program, including royalty rates increases.
Mines Minister Martin Kabwelulu said he “didn’t believe” the government needed to authorize changes in ownership in that or any project.
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.
Expected increased in the adoption of alternative energy sources by the country's gold sector to be boosted by recently passed regulations, such as the carbon tax.
Before a megaproject gets the nod to go ahead, a very unique set of circumstances must first be considered.
Coking coal takes 6% tumble on Tuesday for a $120 a tonne decline over just six weeks.
Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.
Any re-instatement of sanctions will, if at all, pose minimal additional hurdles to new investors, BMI Research says.
It was an up and down year for commodities, but things ultimately finished in the black.
The Swiss firm already has a 69% stake in the DRC mine, which jointly owns with Israeli mining tycoon Dan Gertler.
$200 a tonne is in sight.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
System uses a new proprietary solvent that is reportedly slightly more efficient than those used conventionally, requiring less energy and smaller equipment.
A sustainable financial-sector roadmap for Indonesia must aggressively incorporate rigorous environmental and social standards into the credit-risk framework.
Congress has now the power to kill in one fell swoop dozens of regulations and executive orders recently issued by President Barack Obama.
Country’s top economic planner aims to cut 800 million tonnes of coal capacity a year until 2020, even as production and consumption of the fuel increases.
Preliminary data released by the U.S. Department of Labor’s Mine Safety and Health Administration indicate that in 2016, 25 miners died in work-related accidents at the nation’s mines – down from 29 in 2015.