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.

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.