April 24, 2018

Increased production at Chinese domestic coal mines lead to decline in thermal coal prices

Since a price ceiling was imposed at China’s main coal import harbour Qinhuangdao in mid-February, seaborne prices for coal have started to decline.

April 24, 2018

Namibia may scrap black ownership requirements for mining companies – minister

Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.

April 24, 2018

Canada’s Teck Resources profit rises on higher sales volumes

Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million.

April 24, 2018

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.

April 24, 2018

Anglo delays Minas Rio restart until year-end, will lose about $400 million

The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that…

April 23, 2018

Commodities: the top asset class of 2018 so far

If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.

April 23, 2018

Should we expect a crisis in the Russian coal industry?

The main objective of Russian coal companies is to manage internal crises: managerial, bureaucratic and technological crises.

April 23, 2018

Indonesia’s Adaro targets 35 pct growth in coking coal output

Indonesian coal miner Adaro Energy is targeting coking coal output of 1 million tonnes this year, up from 740,000 tonnes in 2017.

April 23, 2018

New Zealand coal is used for much more than just electricity generation

"Coal plays an important part in New Zealand’s export reliant economy,” Straterra CEO Chris Baker said today.

April 23, 2018

Randgold expects Kibali gold output to rise thanks to automation

Company said new technology will help the DRC mine achieve its 2018 production guidance of 730,000 ounces, despite challenges posed by the country's new mining code.