May 4, 2020 Coal loses backing from another big bank Westpac Banking said it would exit the sector by 2030.
May 4, 2020 Push to liquidate Murray will close coal mines, union says "Liquidation plays to the benefit of all the competitors in the region," United Mine Workers of America president said.
May 1, 2020 Coal demand set for biggest annual drop since World War II Global coal demand is estimated to fall by 8%.
April 30, 2020 Glencore joins mining industry’s rush to cut spending Swiss miner and trader reduces capital expenses by $1 billion, outlines production impact of covid-19.
April 29, 2020 Eskom shuts power plant after warning ash dam may collapse The closure adds to the environmental challenges faced by the company, which produces almost all of South Africa’s power.
April 28, 2020 S. Africa mining firms work together against covid-19 as mines reopen companies are setting up shared quarantine facilities for miners testing positive for covid-19 and are discussing other ways to cooperate.
April 28, 2020 Mongolia cancels Tavan Tolgoi’s $1 billion IPO plan The shelved share sale would have marked at least the third effort to raise money to develop the giant coal mine.
April 27, 2020 In global electricity slump, coal is the big loser In the US, coal’s share of power generation has dropped more than 5 percentage points since February.
April 27, 2020 Poland’s biggest coal group shuts mines due to epidemic PGG confirmed 38 coronavirus cases in the Murcki-Staszic mine in Katowice and 32 cases in the Jankowice mine in Rybnik.
April 24, 2020 Miners will weather the covid-19 storm — report Resilience and better financial positions built over past years will shield miners, Fitch says.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
