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

Mining vs AI: What’s wrong with this picture?

As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks.

Frik Els | July 10, 2024 | 6:15 pm

Mining’s top 50 companies: two more lithium stocks drop out

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Frik Els | July 9, 2024 | 5:47 pm

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

Cecilia Jamasmie | July 9, 2024 | 4:03 am

Canada puts its big miners off limits just as M&A is heating up

Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.

Bloomberg News | July 6, 2024 | 7:55 pm

Teck jumps on buyback, debt plan after coal sale to Glencore

The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders.

Bloomberg News | July 5, 2024 | 9:26 am

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High returns lure wealthy investors to fund coal as banks exit

Amplats says on track to demerge in 2025, plans secondary London listing

Singaporean consortium secures $850m for South32’s Australian coking coal

Whitehaven Coal sees higher prices on disruptions

Column: China’s commodity import trend driven by prices, not economy

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