Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
Coal Mining News
The Northeast U.S. states — a vast market that generates and consumes much of America's annual electricity — is gradually using less coal to fire up its electricity plants.
Strong growth this year won't last says World Steel Organization.
Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.
Market rumours point at South32 as the most likely buyer, since the miner decided last month to ditch its $200 million acquisition of Peabody Energy’s coal mine in New South Wales.
The tragic accident was the result of "incompetence, mismanagement, bureaucratic bungling, deceit, ruthlessness... and cynical indifference," an official report said.
Chinese steelmakers overestimated impact of Australian cyclone and the market is now awash in met coal.
And why the worst may be over already.
They fear the buyer, Malabar Coal, may revive mining at Drayton, which they claim would have have severe impacts on the area’s profitable stud farms and wineries.
The miner faces another shareholder revolt as Australia’s Tribeca has joined calls by US activist investor Elliott Management for an exit from shale to free up capital.
Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.
De Beers Group today announced it is leading a ground-breaking research project that aims to deliver carbon-neutral mining at some of the company’s operations in as few as five years.
The blast took place at a mine located in Iran's northern Golestan province on Wednesday morning.
Sparwood, B.C. – Teck’s Greenhills Operations in the Elk Valley of B.C. has been awarded the John T. Ryan National Safety Trophy as the safest coal mine in Canada for 2016. This is the fourth […]
A new method for cleaning metallurgical coal to verify coal quality for coke making could replace a widely-used chemical-based process leading to a more accurate assessment of the economic viability of coal projects.
American coal expert says Christy Clark's posturing on thermal coal exports having intended effect
Athens will begin testing the waters for such sale in November, with the goal of wrapping up the sale by June 2018.
The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.
The lenders’ move follow a decision by Australia’s second-largest bank Westpac to only fund new projects in existing, rather than new, coal basins as part of its new climate policy.
Question of whether government should be industry overseer or collaborator is at centre of resource platforms of Liberals, NDP and Greens
Christy Clark has proposed a ban on the export of U.S. thermal coal from B.C. ports in retaliation for the recent imposition of a 20% duty on Canadian lumber.
The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.
The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.
Miners have begun spending in equipment again, the Swedish firm's results show.
Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.