Anglo American shrinks trading unit as part of major restructuringThe miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.Bloomberg News | July 22, 2024 | 10:37 am
High returns lure wealthy investors to fund coal as banks exitWealthy Australians are emerging as an important pool of capital…Bloomberg News | July 22, 2024 | 9:34 am
Singaporean consortium secures $850m for South32’s Australian coking coalSouth32 said in February it had agreed to sell the…Reuters | July 21, 2024 | 4:25 pm
Column: China’s commodity import trend driven by prices, not economy China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy. Reuters | July 18, 2024 | 2:05 pm
BHP posts second straight year of record iron ore production, beats estimates The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30. Reuters | July 16, 2024 | 3:41 pm
UK’s first coal mine in 30 years faces climate court test Environmental campaigners are challenging the approval of a coking coal mine in northwest England. Bloomberg News | July 16, 2024 | 6:50 am
Polish miner found alive after more than 48 hours trapped underground State-run news channel TVP Info reported that the miner was conscious when rescuers reached him. Reuters | July 13, 2024 | 3:35 pm
Botswana eyes new export route to exploit huge coal resource The African Development Bank has agreed to finance a feasibility study for the project, at a cost of about $4 million. Bloomberg News | July 12, 2024 | 4:48 pm
Environment Canada lays five charges against Teck Coal as Glencore sale closes The department said the charges for violations of the Fisheries Act stem from an investigation that began in March 2023, CBC reported. Staff Writer | July 12, 2024 | 3:49 pm
Rio Tinto mulls potential bid for Teck — report Rio Tinto has held talks with bankers, but is not immediately planning to launch a bid for the Canadian miner, Sky News reported. Cecilia Jamasmie | July 12, 2024 | 3:33 am
One miner dead after tremor in Poland, one still missing PGG said a tremor occurred below ground at the Rydultowy coal mine. Reuters | July 11, 2024 | 7:30 am
China pauses new coal-based steelmaking for first time in years Greening the steel industry, China’s second largest source of carbon emissions at 15%, is a vital part of the country’s plan to become carbon neutral by 2060. Bloomberg News | July 11, 2024 | 4:20 am