Coal Mining News

China aims to supersize coal sector through mergers

China plans to create several "super-large" coal mining companies by the end of 2020 as nation ramps up years of efforts to streamline the fragmented sector.

Blue skies, green cars and a year of revolution for industrial metals: Andy Home

Arrival of new Silicon Valley players like Tesla and Apple to old world of metals serves to reinforce focus on environmentally clean, ethical supply chains.

Glencore sells Australian coal mine to Gupta's GFG Alliance

Glencore agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance.

Moroccans continue to protest against the “mines of death"

Protesters met with authorities but no agreements were reached, so rallies are set to continue.

India’s Singareni Collieries wants to produce 85 million tonnes of coal per year

The state-owned company plans to open up 12 new mines.

Russia's Mechel says has enough creditor support for restructure of $1bn loan

The company, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, circulated the final draft of a restructuring proposal among its creditors.

West Virginia coal miner killed in dozer accident

A coal miner in West Virginia has died following an accident at a mine owned by Revelation Energy, LLC.

Renewables generated triple the power of coal in 2017, UK figures show

British wind farms generated more electricity than coal plants on more than 75% of days this year.

Thousands protest in Morocco against the “mines of death”

The city of Jerada has seen four days of massive protests.

Coal mine collapses in Afghanistan killing five

Officials say the mine was dug with little regard for safety.

China halts oil product exports to North Korea in November as sanctions bite

Beijing also imported no iron ore, coal or lead from North Korea in November.

Ships in a bottleneck: China, Australia ports clogged as coal, iron ore demand soars

With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates jumped to highest in more than three years.

Coal's resilience today will prove its ultimate downfall: Gadfly

For all the doom and gloom about the future of coal, the past two years have been a boom time for coal prices that's exceeded by their 2010 to 2012 peak.

Glencore, Apollo Are said to bid for Rio's last coal assets

A sale would allow Rio to complete its exit from coal and continue an asset divestment program that has returned more than $7 billion since 2013.

BHP says likely to quit global coal lobby group

BHP said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.

Vale says won't pay bonuses to striking Mozambique mine workers

The global miner said on Monday it would not pay bonuses demanded by its workers in what it called an illegal strike at the Moatize coal plant in Mozambique.

Iron ore, coking coal prices are soaring

Iron ore price jumps 5.2%, coking coal rises to levels last seen during cyclone Debbie as Chinese mills restock.

Satellites are reshaping how traders track earthly commodities

Companies like Ursa Space Systems Inc. are using satellites to try to shed light on tightly held secrets in the commodity trading world.

Coal's fading crown to get Indian polish as demand stagnates

Coal may have fallen out of favor in North America and Europe, but India and other Asian nations ensure the dirtiest fossil fuel continues as energy supply.

Newcastle: world's biggest coal export port announces shift away from coal

Newcastle, the world’s largest coal export port, must “urgently” diversify its traffic, the port’s incoming chairman has said, warning that the “long-term outlook for coal is a threat to the port”.

A real Downer: Adani to go it alone on Carmichael

Indian conglomerate cancels $2.6-billion contract with Downer Group.

CHART: High flying metals to fall back to earth in 2018

Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.

Coal into bitcoin? Dirty secret of 2017's hottest market

Creation of digital bitcoins by computer networks has real-world consequences in form of massive energy use, including fuels that cause most pollution.

Vale workers in Mozambique down tools at Moatize mine over bonus pay

Workers at Vale's Mozambique Moatize coal mine downed tools on Friday in a dispute over bonus payments, paralysing work at the plant.

ArcelorMittal says Kazakh coal miners end strike

Coal miners at ArcelorMittal's Kazakh unit ended their sit-in and emerged from the mines after offers of a pay rise and the threat of legal action.