Coal Mining News

Indonesia lowers coal benchmark price for 7th month in March

The decline in the March benchmark was due to low demand in China.

Mineral exploration growing in BC – Survey

The study is based on information collected from 33 prospectors and 172 mineral and coal exploration companies operating in British Columbia.

China's 2018 coal usage rises 1%, but share of energy mix falls

China's coal consumption rose for a second year in a row in 2018, but coal's share of total energy consumption fell below 60 percent for the first time.

Eskom's Molefe 'stonewalled' Glencore ex-CEO says

Nedbank Ltd. estimates that corruption, maladministration and bad policies shaved $33.9 billion off the nation’s GDP between May 2014 and February 2018.

Rio Tinto investors partying like it’s 2014

Miner will pay a special dividend worth $4 billion, or $2.43 cent a share, as it recorded its highest annual underlying earnings in the last five years.

Coal's perfect storm rattles home to $50B new projects

It’s been a tough few weeks for Australia’s coal industry.

Actually, Australia should be panicked about coal

One way or another, the end of the coal-export industry is looking inevitable.

Anglo American restarts Australian coal operations after worker fatality

The miner said it was still investigating the incident, as was the state's mines safety inspector, which involved a personnel carrier and a grading vehicle last Wednesday.

China coal delays not unprecedented, Australia minister says

Processing times for Australian coal shipments have expanded to close to 40 days from about 25 days at some ports.

Scientists say miners should restore animal communities during site rehabilitation

Researchers say fauna tends to be under-recognized in assessments of restoration success.

Strange days for coal with Glencore's cap, China curbs

It's little surprise that environmental activists may be tempted to pop champagne corks.

Death toll from South African mine blast rises to 18 as 13 bodies recovered

The Gloria Coal Mine in the eastern province of Mpumalanga is owned by Tegeta Resources and Exploration.

Adani Enterprises could wait up to two years for Carmichael mine approval

Carmichael is one of the world's biggest greenfield coal projects in recent years.

The $32 trillion pushing fossil fuel CEOs to act on climate

Business forces are now aligning on climate change in ways that will reshape energy and mining for years to come.

China port reportedly bans Australian coal amid Huawei tensions

The U.S. is relentlessly pushing its allies to ban Huawei and China is starting to push back.

Australia says coal market 'booming' as it dismisses Glencore cuts

Coal is expected to displace iron ore as Australia's biggest commodity export earner this financial year.

Anglo American core profit beats, on journey to 'zero harm'

No degree of financial performance is worth a life.

Canadian miners had a tough 2018, but optimism remains — EY

Ernst & Young’s Canadian Mining Eye index, which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior miners — dropped 2% in the last quarter of 2018.

Mining stocks rally as copper price hits 7-month high

BHP, Anglo American touch one-year highs.

Glencore brings thermal coal's end a step closer

For this industry we’re more likely to see death by a thousand cuts.

Coal going from winner to loser in India's energy future

The problem is not its reserves, productions costs, or transportation. Renewable alternatives are just cheaper.

China delays coal imports from Australia as tensions simmer

“I don’t believe for one moment this is linked to some of the higher level issues of relationships between China and the rest of the world.” - Mackenzie

Glencore plans new buyback as trading profit disappoints

“They have so much cash they don’t know what to do with it. We’re glad that they are giving it back.”

Mining companies operating in Sub-Saharan Africa should invest in renewable energy — report

According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region's favourable climate conditions.

Glencore yields to investor pressure, caps coal production

The mining and trading giant will cap its production of thermal and coking coal at about 150m tonnes per year, close to its planned output level for 2019.