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.

April 27, 2022

China locks down part of its northern hub for coal shipping

The city in Hebei province has locked down its Haigang district, which includes the port, after infections were found in the area.

April 27, 2022

Strong copper, coal prices power Teck Resources’ profit beat

Canada’s largest diversified miner beat market estimates for quarterly profit on the back of higher copper and coking coal prices.

April 26, 2022

ESG-minded investors pile into coal stock, sparking 1,000% rally

Coal’s stunning ascent is the product of a post-pandemic energy crisis that’s being turbocharged by Russia’s war on Ukraine.

April 26, 2022

Polish miner found alive in collapse that killed 6 others

Two mines belonging to state-owned JSW have seen fatal accidents over the past week.

April 26, 2022

China’s new energy policies kill 15 overseas coal projects – report

About 12.8 GW of China-backed overseas coal projects have been shelved or cancelled since September 2021.

April 25, 2022

South32 quarterly metallurgical coal output jumps as operations normalize

South32, along with mining giants like BHP and Rio Tinto, have faced operational disruptions due to worsening labour supply issues.

April 25, 2022

China orders top coal region to ensure supplies to coastal hubs

Miners in Shanxi have been asked to prioritize supply of as much as 47.7 million tonnes to seven provinces between May and December.