November 28, 2016 SEC said to be probing Rio Mozambique coal deal World number two miner acquired Southern African coal assets for $3.7 billion in 2011 – sold it for $50 million three years later.
November 28, 2016 Trump infrastructure bump forecast for global economy New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.
November 28, 2016 Alpha Natural execs. face fraud charges for failing to disclose $100M in liabilities Regulators argue the undisclosed liabilities increase the probability that the state will be left with claims under the surface-mining and other environmental laws.
November 27, 2016 CHART: Mining capex decline set to continue Global miners have been cutting spending on new projects and expansions since 2012.
November 27, 2016 Oil comes back to life in Canada Two years after the collapse in oil prices forced the oil and gas industry to scale back drilling, the Canadian Association of Oilwell Drilling Contractors (CAODC) is forecasting a year-over-year…
November 27, 2016 China risks wasting $490 billion on unneeded coal plants — study 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.
November 25, 2016 Alberta inks $1.36bn deal with three firms to shut down coal plants Payments will be done over the next 14 years to compensate the firm for shutting down their plants earlier than originally planned.
November 25, 2016 South32 looking for more coking coal mines The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.
November 25, 2016 Donald Trump’s stock in Dakota Access oil pipeline company prompts concern Trump’s investments could affect any decision he makes on the US$3.8 billion project as president.
November 24, 2016 Finland to ban coal use for energy by 2030 Coal use has been steadily falling in the European nation since 2011 and it currently generates barely 8% of its power needs.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
