December 4, 2024

Exxaro suspends CEO pending workplace conduct investigation

Nombasa Tsengwa is the company's first woman CEO and was recently elected president of the Minerals Council of South Africa.

December 2, 2024

Deutsche Bank sticks out among financiers of Peabody’s coal loan

Peabody obtained a $2.1 billion bridge loan to help it pay for the acquisition, according to a Nov. 25 filing.

November 29, 2024

Anglo shares rise amid renewed takeover speculation

BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.

November 29, 2024

Colombia to set up reserve zones amid miners’ concerns

Designating certain areas as temporary reserve zones will effectively restrict extraction and exploration in those areas, companies warn. 

November 28, 2024

India, Mongolia in talks for preliminary mining pact

The pact will focus on transit of minerals such as coal and copper, Reuters sources say.

November 27, 2024

Rise of China’s Xinjiang as coal hub undercuts climate goals

Output has surged 22% this year, the fastest growth of any region in China.

November 27, 2024

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.

November 27, 2024

Gina Rinehart closer to opening contested coal mine in Canada

Australia's richest woman gathered support from more than 70% of the locals in the Alberta region that is home to the Grassy Mountain mine.

November 26, 2024

China’s seaborne coal imports fall sharply amid shift to Russia, Mongolia supply

China has seen its market share of seaborne coal imports fall sharply over the past two years, down from the 93% between 2015-2022 to 76% in 2023-2024.

November 25, 2024

Anglo American sells coal assets to Peabody for $3.8bn

The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.