Russian government ministries have agreed that a proposed windfall tax on metals, mining and chemical companies was inappropriate.
Coal Mining News
The problem for Australia is that this isn't something being imagined, it's the reality of a country that can't find political and social consensus on climate politics and the role of its vast reserves of coal, natural gas and even uranium.
Germany’s states are upping pressure on Chancellor Angela Merkel to keep coal-fired power for as long as 30 years as the nation approaches a deadline for setting an exit date from the fossil fuel.
Nineteen months into his term, there’s little improvement.
The new plan would hand authority to states to create narrower rules to limit greenhouse gas emissions from coal-fired plants.
Analysts thought profits would reach $9.27 billion.
LMCH successfully argued that further payment for West Coast coal assets that it sold to Buller in 2010 in a deferred settlement agreement was due because Buller had triggered agreed production levels.
India's coal imports appear headed for another strong month in August, raising the question as to why the usually cost-sensitive market hasn't scaled back purchases given a surge in prices to the highest in nearly seven years.
Wood Mackenzie predicts that, in the short term, demand for coal will fall due to its higher prices. In the longer term, the new tariffs will slow Turkish economic growth and with that, further weaken the demand for coal.
Recently, administration officials have selectively targeted natural gas and renewable energy generation resources, falsely claiming they pose greater risks.
The US Bureau of Land Management has announced plans to allow increased mining on land that once belonged to two national monuments Donald Trump shrank.
Japanese utilities and global mining giant Glencore have settled an Australian thermal coal import contract for April 2018-March 2019 at $110 a tonne.
Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.
A mine explosion in Pakistan's southwestern city of Quetta killed at least seven coal miners, a mining official said on Monday, with authorities expecting the death toll could rise.
Mining companies around the globe are joining an industrywide push for gender equality and launching initiatives to increase the proportion of women working in mine pits, smelters and refineries.
Rebar open interest falls to lowest in 4 months.
The market research firm states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong.
Imports of jewelry, precious metals and stone products would be under the microscope.
Shandong's Environmental Protection Bureau said it would cut pig iron production capacity by 600,000 tonnes and crude steel by 3.55 million tonnes by the end of this year.
Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.
Despite President Donald Trump’s repeated assertions of its bright future, coal mining is a dying industry and the secret to a long life in this twilight era is accepting mortality.
BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the giant Grasberg copper and gold mine in Indonesia for about $3.5 billion.
Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated.
He has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1 billion).
Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.