Coal Mining News

Australian spot coal prices hit highest since April amid mine outages, strong demand

Dam restrictions in China following excessive rains are also reducing hydropower capacity there, including at the world's biggest power station, forcing utilities to ramp up output at coal-fired utilities.

Clean coal could trump renewables bill in Australia

New report argues that a high-efficiency, low emissions coal-fired station would cost less than the almost A$3 billion in subsidies handed out by the government to renewable projects each year.

Top 3 coal countries produced 6% more coal from January to May

Just when you thought coal was out, the fossil fuel appears to be back on the burner.

WTO hears widespread criticism of US steel tariff plan

U.S. President Donald Trump's plan to restrict imports of steel and aluminium for national security reasons came under fire at the World Trade Organization on Friday, with China, the European Union, Brazil, Australia, Taiwan and Russia raising concerns.

China to ban coal imports at small ports from July 1

Ban covers more than 150 second-tier ports

Teck Resources grabs Goldcorp’s stake in Mexican project for $50 million

After acquiring Goldcorp's 21% in San Nicolás, Canada's largest diversified miner will be the Zacatecas-based copper-zinc project sole owner.

Rio Tinto shareholders greenlight sale of Aussie coal assets to Yancoal

The approval ends a three-week bidding war between Yancoal and Glencore over Rio's thermal coal assets in Australia.

South Africa's chamber of mines challenges new charter in court

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies

Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal

The company has chosen to sell its Hunter Valley coal mines to China-backed Yancoal, but shareholders will decide.

Colombia coal mine explosion kills 13

Thirteen coal miners have died in Colombia after an explosion at an illegal coal mine on Friday.

Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets

Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer.

World’s top coal producer to close 37 mines

Coal India, responsible for about 82% of the nation's total coal output, said the closures would save around 8 billion rupees ($124 million).

Yancoal trumps Glencore bid for Rio Tinto’s coal mines

The acquisition would make of Yancoal Australia’s largest pure-play coal producer.

Rio Tinto in search of next Oyu Tolgoi in Mongolia

Mongolia’s renewed efforts to attract foreign investment it’s bearing its first fruits.

How China, not Obama, waged the war on coal

Global coal production is down record amounts thanks largely to China, BP's chief economist said Thursday, and coal's probably not coming back.

BHP Billiton announces new Chairman

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser

#StopAdani protests surge in Australia

Before construction begins, activist groups are making sure to continue to speak up against the $16bn Carmichael coal mine

World coal production falls off a cliff

China, the world's largest energy consumer, burned the least coal in six years.

US Energy Department announces $3 million for high performance computing to advance clean energy manufacturing

The Energy Department announced up to $3 million in available support for manufacturers to use supercomputers at the department's national laboratories to tackle major manufacturing challenges.

Trump has been good news for miners — Callinex CEO

Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.

Yancoal grabs Mitsubishi stakes in Rio Tinto's coal mines in $940m deal

Chinese-owned Yancoal has signalled it may raise its bid for Rio Tinto's Hunter Valley coal assets, after striking the agreement with Mitsubishi to buy its stakes in the same mines.

Coking coal price slides to 8-month low

Cyclone Debbie forcing Asian steelmakers to diversify supply – Mozambique could be big beneficiary.

New met-coal mine opens in Pennsylvania

President Donald Trump didn't waste the opportunity to press his pro-coal agenda by mentioning the opening of a new coal mine in Pennsylvania.

DOE funds $6.9M in projects to extract REEs from coal

The U.S. Department of Energy (DOE) is building on earlier funding into research aimed at pulling rare earth elements (REEs) from coal.

Glencore snatches Rio Tinto-owned mines from Yancoal with $2.55B offer

Miner and commodities trader Glencore (LON:GLEN) has performed a coup d'etat on a deal that was practically sealed between Yancoal Australia (ASX:YAL) and Rio Tinto’s (ASX, LON:RIO) for Rio's coal assets in Australia's Hunter Valley.