May 3, 2022

South African coal miners turn to trucks as rail service deteriorates

Poor maintenance, a lack of spare parts for trains, copper cable theft and vandalism have disrupted state logistics firm Transnet's freight rail services.

May 3, 2022

India falls 7.6% short of coal supply targets to utilities in April

India faced its worst power crisis in over six years in April as demand hit a record high.

April 29, 2022

India’s coal crisis may spur shift to clean energy

India’s coal crunch, the second in less than a year, has triggered questions about the country’s decarbonization plans.

April 29, 2022

Probe finds $924 million of questionable deals at Eskom during Zuma rule

Former South African President Jacob Zuma knowingly and willingly facilitated audacious looting and wanton mismanagement at the state power utility, the probe concluded.

April 28, 2022

How far are we from phasing out coal?

Coal-fired electricity generation reached all-time highs globally in 2021, showing that eliminating coal from the energy mix will not be a simple task.

April 28, 2022

Vedanta doles out $1.5 billion dividend in relief for parent

Separately, Vedanta Resources announced a tender offer to buy back as much as $500 million of its dollar notes due in July.

April 28, 2022

Peabody sinks after taking $301 million charge on coal hedge

Chief executive officer Jim Grech said strong global market dynamics will continue to favour its products.

April 28, 2022

One by one, mega miners show why metals supply is so squeezed

Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.

April 28, 2022

China cuts coal import tariffs to zero to increase supply

China’s coal imports are down 24% through the end of March this year as global prices have soared.

April 28, 2022

Glencore hails trading unit outlook, cuts copper guidance

It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion.