October 28, 2024

Australia risks losing its iron ore dominance, Fortescue CEO says

Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply.

October 28, 2024

Mining vs AI – It’s not even close

Nvidia throws shade on the entire global mining industry.

October 25, 2024

Whitehaven Coal jumps on price outlook, output beat

A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said.

October 25, 2024

Coal billionaire Tykac eyes growth in bet against ESG uptake

Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam.

October 25, 2024

Thungela CEO sees world shunning new coal as boon for existing mines

New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant.

October 24, 2024

Can Anglo’s copper pivot help thwart renewed takeover bid?

Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.

October 24, 2024

Teck Resources cuts copper production forecast again

Teck cites labour issues and mining delays at the Highland Valley Copper mine in Canada.

October 22, 2024

US DOE announces $428 million for 14 clean energy projects in former coal communities

Communities with de-commissioned coal facilities were selected by DOE’s Office of Manufacturing and Energy Supply Chains.

October 17, 2024

Colombia mining group warns government decree puts sector at risk

The decree, published at the beginning of this year, allows Colombia's environment ministry to declare areas as natural resource reserve zones for a five-year period.

October 14, 2024

Philippines’ top coal producer plans $5 billion mine expansion

The company has proposed to the Department of Environment and Natural Resources a five-year spending plan that includes capital expenditures, production costs, and operating expense.