"Iron ore is weird because the inventories are very high in China and it's got to be pure spec flows."
Coal Mining News
With fluctuating commodity prices, the top priorities for Canadian miners next year will be capital allocation, strategic deal making and employing new technology and innovations, a report shows.
Interactive: Donald Trump's victory has created winners and (huge) losers for the mining industry.
On Tuesday, December 6, 2016, the nation will pay tribute to the American miner, both past and present, on National Miners Day.
But asset sales will slow says new report.
Met coal's stunning run is reversing as consensus forecasts point to $125 drop by year-end, but new UN sanctions could cost China its number two supplier.
After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.
Over 60 kilometers, they line up: truck after truck, after truck. Nearly every one of them is laden with coal.
Indian conglomerate's $16 billion Carmichael coal mine in Queensland clears "final major State and Federal Government approval".
Thirty-two miners were killed in a gas explosion that ripped through a coal mine in Chifeng, Inner Mongolia on Saturday.
Norm aims at ensuring that hard-rock mining companies can pay the costs of cleaning up their mines, says EPA.
Coking coal prices retreated on Friday, but only slightly, holding above $300 a tonne after two months of insane gains.
Soaring coal prices have helped Glencore, the world’s biggest provider of the thermal kind, straighten its balance sheet.
At over $43 billion, 2016 is set to be a record year for raising capital to invest in North America's energy sector, but not a single fund is targeting coal.
Scandinavian Biopower to invest in a biocoal plant in Mikkeli Finland – construction works to start late 2017
Scandinavian Biopower Oy, a 100% subsidiary of Dutch private equity investment company Momentum Capital, has made an investment decision to commission a biocoal plant in Mikkeli, Finland.
In the last week alone, seven miners have been killed and 22 others remain trapped, following two accidents in local coal operations.
World number two miner acquired Southern African coal assets for $3.7 billion in 2011 – sold it for $50 million three years later.
New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.
Regulators argue the undisclosed liabilities increase the probability that the state will be left with claims under the surface-mining and other environmental laws.
Global miners have been cutting spending on new projects and expansions since 2012.
Slowing power demand growth and low carbon capacity targets in China's latest five-year plan are found to be squeezing coal generation out of the power mix.
Payments will be done over the next 14 years to compensate the firm for shutting down their plants earlier than originally planned.
The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.
Coal use has been steadily falling in the European nation since 2011 and it currently generates barely 8% of its power needs.
The new new agreement on the Coastal GasLink natural gas pipeline project will help ensure that the Saulteau community can participate in and benefit from B.C.'s LNG opportunity.