May 4, 2020 Sumitomo moves ahead with Hillalong coal JV Japanese major will earn an initial 10% interest in the project under an agreement with Bowen Coal.
May 4, 2020 Most top miners failing Paris Agreement goals Eight of the world’s top ten largest miners are not doing enough to help meet global climate goals, study shows.
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.
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