Coal Mining News

The brash billionaire who wants to make Australia great again

Clive Palmer, who made his fortune in mining, is running for the Senate on his right-of-center United Australia Party ticket.

Expect cascade of mining M&A — PwC's Braunsteiner

Recent mergers and acquisitions have brought the industry back into the spotlight, after years of speculation around how the sector could regain power, PwC's Canadian Mine report notes.

Around the world, buyers' remorse sets in for costly clean power

Two decades ago, governments and utilities around the world began offering above-market rates and contracts to fuel the rise of clean energy, but now these pacts are under attack.

Canadian miners start 2019 off on the right foot amid mega-deals

Ernst & Young’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — rose 5% fin the January-March period.

China's Australian coking coal imports double in March from Feb

Arrivals of Australian coking coal were at 2.23 million tonnes last month, up 92% from 1.16 million tonnes in February.

China said to maintain Australia coal go-slow until after polls

China will maintain a slowdown in coal imports from Australia until Beijing has assessed government policy in Canberra after federal elections in May.

'Land no one else wants' gets solar as coal-and-nukes era fades

Solar and wind farms are being developed or built in places not normally associated with clean energy, and in some regions long resistant to it.

Top miners back autonomous systems guidelines

The document divides operations into six levels, from zero (entirely manual) to five (fully autonomous), and assists in the preparation of a business case for autonomous mining, depending on level and needs.

China's Tsingshan expands plans for Zimbabwe steel plant

Tsingshan signed a $1 billion outline agreement to build a 2 million tonne-per-annum steel plant in Zimbabwe in June last year.

Teck Resources beats profit estimates on energy business

The world's second-biggest exporter of steelmaking coal posted an adjusted profit of C$568 million ($425.12 million) for the quarter ended March 31.

China's green light on coal power won't trigger new plant boom

More than 10 regions will be freed of their overcapacity tag in 2022, clearing a hurdle for them to resume building coal-fired plants.

Anglo steps up defense to repel Agarwal's interest: Telegraph

Anglo American’s defense advisers are said to plan attacks on the quality of Vedanta’s portfolio compared to Anglo’s assets.

Australia’s South32 Q3 coking coal production down 37% vs Q2, beats estimate

Production of coking fell to 990 kilo tonnes during the March quarter from 1.6 million tonnes in the second quarter.

Coal prices are up and US miners still can't catch a break

The global coal markets have been on a tear lately, and America’s miners are still tanking.

A coal miner's less-is-more lesson for frackers

Arch Coal Inc. has a novel approach to beating the market: by not getting any more valuable.

Rio Tinto warning may rupture mining industry into green and dirty

Rio Tinto's warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.

Mining flotation chemicals market to reach $10B by 2020

Mining flotation chemicals are used during the ore beneficiation process.

Anti-mining activists in South Africa face harassment, death — report

Opponents to mining projects in South Africa are often harassed, threatened and sometimes even killed, according to a report by a group of human rights advocates including Human Rights Watch.

China's commodity imports look tepid, may be slightly warmer

The decline in commodity imports in the first quarter seem to confirm the narrative of slowing growth in the world's second-largest economy.

British Columbia government to restore structure at historic coal mine

The 22.5-metre concrete headframe and tipple structure at the Morden Colliery coal mine was built in the early 1900s by the Pacific Coal Company.

Cobalt, uranium and silver prices expected to rally in 2019

But the iron ore price surge won't last says new survey of commodity analysts.

Asia’s mining sector offsets risk with reward — report

Mongolia has emerged as an investment hot spot for untapped reserves.

Coal's collapse crowns winners and losers from China to the US

It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe.

Adani's Australian coal mine wins further environmental approval

The company has taken a step closer to the construction of the Carmichael coal mine in Australia after winning federal approval for its groundwater management plan.

Is coal's slump overdone? Australia's resilient exports suggest maybe

There are some signs that the rapid decline in thermal coal prices in recent months has moved the market into oversold territory.