March 9, 2022

Peabody gets $534 million margin call on coal

Peabody’s margin call is one of the flashiest examples of how the volatility sweeping commodity markets will slam companies that are holding wrong-way bets.

March 9, 2022

Australia, South Africa miners eye options as Europe makes desperate calls

Prices of palladium, coal and other commodities have skyrocketed since Russia's Feb. 24 invasion of Ukraine, while sanctions on Moscow drive Western consumers to replace Russian supply.

March 8, 2022

China’s coal mine safety problem is back at the worst time

A spate of deadly coal mining accidents to start the year is raising the specter of output-dampening safety checks in China just as global supply is tightening.

March 8, 2022

Indonesia’s coal miners are bracing for new export curbs

New restrictions on overseas sales are possible in either April or August to make sure local power plants have sufficient supply.

March 8, 2022

Colombia in talks with coal producers for exporting extra supplies

The talks involve the Glencore-owned Cerrejon coal mine and a unit of British miner Drummond Co.

March 8, 2022

US coal prices soar as war drives commodities rally

Concerns of a looming global shortage of coal are driving up prices in every US region.

March 7, 2022

Copper, coal prices hit records, nickel jumps 30% overnight after wild week of trading

Copper scales $5 for the first time ever, metallurgical and thermal coal hit record highs and nickel jumps more than 20% in a day.

March 7, 2022

Alberta expands restrictions on Rocky Mountains coal mining

Existing mines are not impacted and four advanced coal projects will be allowed to proceed through the regulatory process.

March 7, 2022

Brookfield scraps plan to buy Australia’s top energy provider

The Canadian asset firm and billionaire Mike Cannon-Brookes’ Grok Ventures have dropped their joint bid to acquire AGL Energy.

March 6, 2022

Indonesia coal miners may struggle to meet 2022 output target

Data showed that output in January and February this year was estimated at 74.41 million tonnes, compared with 92.79 million tonnes in the same months last year.