Coal Mining News

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.

Indian captive power plants running at half capacity due to coal shortage

The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.

China's Nov commodity imports confirm trends; copper the outlier: Russell

In past three months, China’s commodity imports were extremely strong in Sept, unbelievably weak in Oct, now roaring back to strength in Nov.

World Bank to stop funding oil and gas projects

The institution will stop all lending for oil and gas projects after 2019, with some exceptions.

World’s third-largest insurer to divest from oil sands and pipelines

AXA and three other French investment groups follow the World Bank's lead.

ArcelorMittal coal miners widen strike in Kazakhstan

A sit-in by miners of ArcelorMittal's Kazakh unit widened to all of the firm's coal mines on Tuesday as hundreds of workers demanded a 100 percent wage rise.

World's biggest floating solar power plant starts operating atop former coal mine

China Three Gorges says this would be not only the largest but also the "most intelligent solar power project with the most advanced technology in the world."

Traditional owners say they were forced to negotiate with Adani over Australian mine

Representatives for the Wangan and Jagalingou People said they were forced to sign an Indigenous Land Use Agreement at the Native Title Tribunal for Adani’s Carmichael mine.

ArcelorMittal miners stage sit-in at four Kazakh coal mines

About 200 coal miners in Kazakhstan refused to leave four mines operated by a unit of ArcelorMittal at the end of their shift on Monday and staged a sit-in.

Glencore says signs labor pacts at most of its Australian coal mines

These new labor agreements with workers at 13 of its coal mines in Australia end months of negotiations over wages and benefits.

Interior won’t say what it’s doing with coal health study

Democrats and environmentalists becoming increasingly concerned about why Interior Department remains silent about the National Academy of Sciences study.

Vale expects to sell up to $1.5 bln in non-core assets through 2020

The Brazilian miner revealed these expectations in a presentation to investors in New York on Wednesday.

Suncor Energy begins regulatory process to add significant low-carbon power with cogeneration at its Oil Sands operations

To remain globally cost and carbon competitive, Suncor took first steps to replace coke-fired boilers with two cogeneration units at Oil Sands Base Plant.

Coal India November output, shipments rise to highest for month

Coal India Ltd.’s production and shipments in Nov. rose to most for month in at least five years, as power plants procured more coal to boost inventories.

Rio Tinto appoints one of its own as the company’s new chairman

After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.

In Germany's Appalachia, the last coal mine is closing

It’s a sunny October day on the outskirts of the west German town of Bottrop.

Who will fund Adani's Carmichael coal mine? Not China

The shovels are in the ground at the Carmichael coal mine in Queensland but the bankers have yet to open their wallets.

Canada court backs need to consult aboriginals on projects

Canada's top court ruled in favor of aboriginal bands seeking say in Yukon territorial government effort to develop coal and iron deposits in wilderness.