The project will include financial help to coal emitters closing their plants and transitioning to cleaner forms of power.
Coal Mining News
The new forecast is a response to OPEC's decision to limit production after a long period of unrestrained output.
With the deal, the Swiss group is only a step away from meeting chief executive Ivan Glasenberg’s target of $5bn in assets sales this year.
Smaller rival Fortescue Metals went the opposite way — it increased iron ore exports by 5% in the Sep. quarter.
He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.
The world's largest heavy machinery maker explains why it decided to put such division up for sale: "We wouldn’t have done that if we thought it could undermine our position in the market."
Unesco and the International Union for the Conservation of Nature want Bangladesh to stop the Rampal power plant.
"We challenge dated stereotypes about jobs in the resources industry.”
Photo essay by Tomasz Tomaszewski.
BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.
The last time prices for the commodity were this high was in 2012.
Atha-Africa's Yzermyn project sits in the Mabola protected area.
Prices rose after China — the world’s biggest consumer and producer — cut its output.
Jim Umpleby, group president for energy and transportation, will succeed Oberhelman as chief executive.
Western Australia, which hosts the Pilbara iron ore belt, has a 67% chance of getting more than the average 11 tropical cyclones from November to April.
The accumulated benefits of implementing CCS at a large scale, given careful planning and prudent execution, could outweigh the one-time cost.
"I'm a mining engineer so I always like to see the equipment. That's always fun to get out and see, and especially how technology is being applied."
Investors have seen a rise in the market capitalization of top junior mining companies on the TSX Venture Exchange by more than 100% compared to last year.
South Africa has granted the miner, a unit of Anglo American, previously disputed mining rights at the operation, ending a seven-year dispute.
The men began their protest when their shift ended on Tuesday morning and refuse to come up even though the mine's owner says it won't shut down the operation as planned.
There is a wealth of information to be explored in the modern era, and there’s no shortage of new ideas or contrary viewpoints to be discovered.
Chinese traders back from week-long holiday continue to chase steelmaking raw materials.
In countries like Chile and Morocco, the tipping point has already been passed.
Minister Kayode Fayemi is negotiating a $500 million investment fund with the Nigerian Sovereign Investment Authority.
Drilling commenced circa 2 kilometres from a previous RC drill hole, which returned 60m at 10.7% Total Graphitic Carbon.