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.
Coal Mining News
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 agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance.
Protesters met with authorities but no agreements were reached, so rallies are set to continue.
The state-owned company plans to open up 12 new mines.
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.
A coal miner in West Virginia has died following an accident at a mine owned by Revelation Energy, LLC.
British wind farms generated more electricity than coal plants on more than 75% of days this year.
The city of Jerada has seen four days of massive protests.
Officials say the mine was dug with little regard for safety.
Beijing also imported no iron ore, coal or lead from North Korea in November.
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.
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.
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 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.
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 price jumps 5.2%, coking coal rises to levels last seen during cyclone Debbie as Chinese mills restock.
Companies like Ursa Space Systems Inc. are using satellites to try to shed light on tightly held secrets in the commodity trading world.
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, 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”.
Indian conglomerate cancels $2.6-billion contract with Downer Group.
Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.
Creation of digital bitcoins by computer networks has real-world consequences in form of massive energy use, including fuels that cause most pollution.
Workers at Vale's Mozambique Moatize coal mine downed tools on Friday in a dispute over bonus payments, paralysing work at the plant.
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.