April 22, 2020

Emissions to drop 6% this year due to pandemic

The World Meteorological Organization says the forecast comes as covid-19 has brought transportation and industrial energy production to a near halt.

April 21, 2020

Teck profit falls in Q1, shares down

The adjusted profit attributable to shareholders was C$94 million compared with C$587 million last year.

April 21, 2020

Wescoal says Eskom declares force majeure on coal supply agreements

The force majeure would apply from April 16 until one month after national lockdown has been completely lifted.

April 20, 2020

BHP quarterly iron ore output rises, keeps guidance

Third quarter iron ore output rose 6.3% to 68 Mt, narrowly missing analyst estimates.

April 20, 2020

Citi vows to stop working with thermal coal-mining companies

By 2025, the bank won’t provide underwriting and advisory services to the industry and will cut its credit exposure in half.

April 20, 2020

Renewables overtake coal-fired power generation for first time

IEA report on electricity generation in OECD countries shows coal-fired power output fell by the most on record while wind and solar sources grew rapidly.

April 20, 2020

Eskom notifies coal suppliers of potential force majeure on contracts

Company has put some of its generation units out of service because of the drop in demand.

April 20, 2020

Anglo American board donates portion of pay to covid-19 fight

Anglo American has already donated $25 million to covid-19 causes.

April 20, 2020

South32 Q3 metallurgical coal output jumps 18%

Production of the steel-making ingredient rose to 1.2 million tonnes during the quarter.

April 20, 2020

Vale cuts production guidance again

The company attributed weak Q1 results to heavy rains, unplanned outages, regulatory delays linked to last year’s dam failure, and ongoing disruptions caused by the coronavirus.