Coal Mining News

Randgold expects Kibali gold output to rise thanks to automation

Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code.

South Africa's Eskom gets workaround to tackle coal shortages

The state-owned utility is seeking coal for seven of its plants that are facing shortages after supply disruptions from Gupta family-controlled mines.

HSBC pulls the plug on coal

Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.

Trump's latest plan for saving coal comes from the Cold War

Trump campaigned on a promise to bring back coal that is increasingly being edged out of the U.S. power market by cheap, cleaner-burning natural gas.

UK goes a record 55 hours without coal as clean power expands

Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables.

Rare earths extracted from coal mining by-products

Researchers at West Virginia University expect to start extracting, refining and taking to market rare earth elements in a couple of years.

South Africa's Eskom says facing coal shortages at 7 power plants

Eskom supplies around 95 percent of South Africa's electricity, predominantly by burning coal.

Senate confirms former coal lobbyist to be EPA's number two

Andrew Wheeler was confirmed by the Senate on Thursday to be EPA’s deputy administrator by a vote of 53 to 45.

Poor left out of mining profits as 'resource curse' hits Kenya

There were cases of displacement of communities, workers subjected to unsafe conditions, as well as soil, water and air pollution.

Coal dead? Peak oil demand? Five takes on fossil fuels' future

Mining mogul Bob Murray offered a passionate defense of coal, asserting that we’d all “die in the dark” without it.

Coal mogul's novel plan to save coal is to buy it: Gadfly

Bob Murray, CEO of Murray Energy Corp., has a novel idea to save U.S. coal: buy the stuff himself.

China utilities plan new coal import price index to curb volatility

Even as China's government tries to cut the use of dirty fuels, coal still accounts for a majority of the country's power.

Private capital flowing into mining on track for record year

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

Qld coal, minerals exports propels Palaszczuk Government to trade target

Queensland coal and mineral exports grew by $5.6 billion over the last 12 months.

Six miners killed in Georgia in coal mine accident – officials

The accident had occurred at the Mindeli mine in Tkibuli, 200 km (124.27 miles) west of the capital Tbilisi.

Solar power drew $161 billion in 2017, more than any other technology

Solar made up 57% of last year's total for all renewables (excluding large hydro) of $279.8 billion. It also towered above new investment in coal and gas generation capacity, estimated at $103 billion.

World’s top miner BHP quits global coal group over climate stance

The miner is withdrawing from the World Coal Association over a clash of views on how to fight climate change, with BHP saying it’ll reap little benefit from staying on as a member.

Prairie Mining starts legal action against Poland's environment ministry

The news sent the miner's shares plunging 30 percent in London and 20 percent in Warsaw.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Coal India's production, shipments rise to a record in March

Production growth to slow down in coming months, analyst says.

Chile’s recent coal phase-out decision claims first victims

French power company Engie SA is closing all of its coal-fired power plants in the country. It plans to replace the capacity with renewable energy.

Queensland’s resources sector wins gold in job numbers

Queensland’s resources sector is powering jobs growth across the State with Australian Bureau of Statistics (ABS) data showing an increase of close to 10,000 jobs in the February quarter.

Coal generator that Trump tried to save files for bankruptcy

FirstEnergy Solutions Corp., its subsidiaries and FirstEnergy Nuclear Operating Co. listed $550 million in cash to continue operations and meet obligations to employees.

Indonesia coal miner Bumi posts record profit, sees 10 pct output rise

Bumi expects coal prices to increase by 5 percent this year over last year's level of $58 per tonne.

China steel, coking coal jump on Handan curbs, short covering

Shanghai rebar surges 4.4 pct after Handan steel, coking cuts.