The state-run company said it wants to increase its total coking and thermal coal output to 18.2 million tonnes in 2030 from 15.6 million expected in 2018.
Europe Mining News
More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.
Investors becoming impatient with pace of its restructuring, putting pressure on CEO Hiesinger to fix underperforming units and revive flagging share price.
Two exploration companies with assets spanning gold in India to zinc in Ireland to list their shares on London's Alternative Investment Market on Thursday.
Liberty House, Schmolz + Bickenbach and Spain's Sidenor submitted offers by a Monday deadline, while an unnamed party submitted a letter of intention.
The government says the cleric violated the Mines and Minerals Act.
If the world’s migrant population formed a new nation, it would be fifth largest. What are the top immigration populations, how does this look mapped out?
After years of near-death experiences, the story of Lonmin Plc is finally over.
Creation of digital bitcoins by computer networks has real-world consequences in form of massive energy use, including fuels that cause most pollution.
French bank Natixis has broadened its $32 million lawsuit over fraudulent receipts for nickel stored at warehouses in Asia by adding a unit of commodities giant Glencore as a defendant, a court filing showed.
On Friday, KGHM said it was considering next step after BC said it would not issue an environmental certificate for its Ajax copper and gold mine.
NextView Capital agreed to acquire a 19.89% equity interest in Bacanora via placement of 32,976,635 common shares in the Company at 94.53 $1.26 per share.
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.
Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group’s joint venture interest in Grasberg by March.
John Reade, Chief Market Strategist at the World Gold Council, explains several reasons to believe that gold could maintain an upward trajectory.
Blockchain upending world’s financial markets with rise of bitcoin, and now the digital-ledger system is poised to do the same next year for raw materials.
Glencore can't take full credit for bull surge of last 2 years but its curtailments acted as powerful accelerator to structural shift toward supply deficit.
There are no talks between Kloeckner & Co and Thyssenkrupp over a tie-up with Material Services division or about any offers, said Kloeckner & Co spokesman.
The Dunkirk plant, which the sources value at around $234.44 million, would add to the Gupta Family Group (GFG) conglomerate.
By a 7-2 vote, the Fed on Wednesday raised the benchmark lending rate by a quarter percentage point, its third hike this year.
Jonathan Roth’s short film takes viewers on a tour of some of the world’s key power hubs in the cryptocurrency industry.
Uniquely among its peers, Glencore derives a substantial slice of its earnings from trading commodities, rather than producing them.
Aurubis plans to make use of its expertise to expand processing of complex copper concentrates (ores) and scrap, CEO Juergen Schachler said.
The institution will stop all lending for oil and gas projects after 2019, with some exceptions.
AXA and three other French investment groups follow the World Bank's lead.