July 13, 2022

Glencore expands coal mining in an Australian methane hotspot

The Hail Creek mine spewed between 123,000 and 263,000 metric tons of methane last year, according to scientists at the SRON Netherlands Institute for Space Research.

July 13, 2022

Energy crisis is hastening end of fossil fuel era, says India

Renewables paired with energy storage are now cheaper than coal after the fuel’s price surged in recent months.

July 13, 2022

Indonesia set to boost coal output to fill Russia supply gap

Energy minister Arifin Tasrif said countries had asked Indonesia for coal in the wake of sanctions on Russia.

July 12, 2022

Fossil fuel deals aren’t worth it for banks, climate group says

For 22 leading global banks, the multi-million dollar revenues from arranging bond sales for coal, oil and gas companies pale in comparison to the climate impact of their emissions profile.

July 12, 2022

China’s imports of key commodities set to make a patchy recovery on growing mobility

Among metals, copper imports are expected to post a modest pickup even though demand remains sluggish.

July 8, 2022

Top 50 mining stocks lose $600bn in market value from peak

After a brutal second quarter, investors in the world’s 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector.     

July 8, 2022

Giant new power plants undermine South Africa’s emissions pledge

The 4,800MW Kusile plant and the almost identical Medupi facility will be key to meeting its demand for energy.

July 8, 2022

Dirty coal is keeping South Africa’s inflation in check

South Africa’s reliance on coal to generate most of its power makes it an environmental pariah but it’s also helping keep inflation in check.

July 7, 2022

S.Africa’s Transnet issues veiled threat to coal exporters

Transnet announced it had lifted force majeure on nine coal exporting parties that had agreed to amend transportation contracts but voiced frustration at not being able to reach a deal…

July 7, 2022

UK coal mine decision delayed as politics intervenes

British Prime Minister Boris Johnson announced his resignation today and said he would continue to serve in post until his party selects a new leader.