Coal Mining News

Coking coal price still falling

Met coal prices are already down 23% in 2017 as US producers plan to add 9m tonnes to export market.

Troubling contradictions in Trumponomics

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.

Infographic – The history of solar energy, going back to 4,000 B.C.

Harvesting the power of the sun has been a human endeavor since the beginning of civilization.

US coal industry to decline even further in 2017 — IEEFA

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.

US mining and voters in sync re job creation, economy

Polling of 1,991 registered US voters show they want the local mining industry to generate jobs, help the economy.

Rio Tinto, Chinalco put an end to copper joint venture

The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.

BC court fight over treaty vs mineral rights

Companies claim land transfer is de facto expropriation without consultation.

Mining production increases spell good news for suppliers

For companies servicing the mining sector, project opportunities have declined significantly in the past few years.

US Gov’t mulls raising royalties for coal mining in public lands

The Obama administration has called for a broad array of reforms to its coal-leasing program, including royalty rates increases.

DRC says Ok for Glencore to take full control of Mutanda copper mine

Mines Minister Martin Kabwelulu said he “didn’t believe” the government needed to authorize changes in ownership in that or any project.

Private capital rotating into mining and metals

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.

Canada's gold miners to embrace green energy to control costs

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.

Infographic | The World's Largest Megaprojects

Before a megaproject gets the nod to go ahead, a very unique set of circumstances must first be considered.

Coking coal price crashes through $200

Coking coal takes 6% tumble on Tuesday for a $120 a tonne decline over just six weeks.

Erdene new gold zone at Mongolia Bayan Khundii project larger than expected

Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.

‘Trump effect’ on resurgent Iranian mining sector close to none — analysts

Any re-instatement of sanctions will, if at all, pose minimal additional hurdles to new investors, BMI Research says.

CHART: How every commodity performed in 2016

It was an up and down year for commodities, but things ultimately finished in the black.

Glencore may take full control of Mutanda copper mine

The Swiss firm already has a 69% stake in the DRC mine, which jointly owns with Israeli mining tycoon Dan Gertler.

CHART: Coking coal price correction turns into rout

$200 a tonne is in sight.

INTERACTIVE: Mining emerges from slump

With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.

Coal-fired power plant in India makes baking soda out of carbon dioxide

System uses a new proprietary solvent that is reportedly slightly more efficient than those used conventionally, requiring less energy and smaller equipment.

Indonesia: Rigorous coal-lending guidelines in banking sector’s best interest

A sustainable financial-sector roadmap for Indonesia must aggressively incorporate rigorous environmental and social standards into the credit-risk framework.

US Republicans pass bill to block last minute Obama regulations on coal

Congress has now the power to kill in one fell swoop dozens of regulations and executive orders recently issued by President Barack Obama.

China steps up efforts to cut coal capacity

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.

25 miners died in work-related accidents last year in the US

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.