November 19, 2018

China’s CEFC paid out compensation after Rosneft stake deal fell through

CEFC had signed a deal to buy 14.2 percent of Rosneft from Qatar and Glencore when CEFC Chairman Ye Jianming was put under investigation by the Chinese authorities for suspected…

November 19, 2018

China National Coal signs 5 year supply contracts with state utilities

China National Coal Group will supply in 2019 more than 97 million tonnes of coal to six utilities, with volumes rising in each subsequent year of the deals.

November 16, 2018

Congo lifts export ban on Glencore’s copper and cobalt unit

Katanga Mining and its Kamoto copper and cobalt mine is one of Glencore’s most important growth projects.

November 16, 2018

Australia’s coal revival in full swing by 2019

The outlook for coal depends basically on the growth of electricity and steel production in Asia.

November 16, 2018

BHP blames driver error, brake problem for runaway train wreck

BHP said its initial findings of the Nov. 5 incident showed the nearly 3-km (1.9 miles) long train came to a halt after a braking system control cable became disconnected.

November 16, 2018

South Africa’s Eskom revises coal contract strategy, seeks supply security

Eskom, which supplies more than 90 percent of the nation's power, has warned of potential power outages amid low coal inventories after a major supplier cut supplies and sought insolvency…

November 16, 2018

Volkswagen to spend $50 billion on electric car ‘offensive’

German automaker is also considering involvement in battery production.

November 15, 2018

Sinking shipping gauge signals trouble for iron ore, coal price

Rates for dry bulk cargo carriers have collapsed 70% since August.

November 15, 2018

Section 232 comments oppose domestic uranium quota

Underscore risk to U.S. Nuclear Industry and National Security while failing to establish need for 25 percent quota.

November 14, 2018

Azarga Uranium almost doubles resource at Dewey Burdock

The project saw a 97% increase over the previous resource.