September 21, 2018

Germany’s move to scrap coal is said to boost cost for taxpayers

Chancellor Angela Merkel’s plan to close Germany’s remaining coal-fired power stations will drive up subsidies for regions that mine the commodity.

September 21, 2018

Peabody Energy to buy Alabama coal mine for $400 million

The transaction involves the purchase of Shoal Creek metallurgical coal mine, preparation plant and supporting assets, excluding legacy liabilities other than reclamation.

September 20, 2018

Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders

The fresh round of returns follows Rio’s promise in August to give shareholders up to $7 billion through dividends and share buybacks.

September 19, 2018

Coal exports from top shipper hobbled with miners facing constraints

Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit.

September 19, 2018

Poland’s JSW seeks ministry approval to buy Prairie Mining assets – CEO

Poland's state-run JSW awaits approval from the Energy Ministry in its bid to acquire the mining assets of Australia's Prairie Mining

September 18, 2018

Indonesia issues new rules for commodity exporters as rupiah slides

Indonesia has laid out new rules for commodities exporters to guarantee funding for shipments through Indonesian banks or branches of foreign banks in the country.

September 17, 2018

Most profitable mining companies in 2017

Polyus.

September 17, 2018

Britain’s Tamar takes coking coal complaint to Polish PM

Tamar Resources wants to reopen the state-owned Krupinski mine in Silesia as a coking coal mine.

September 17, 2018

South Africa’s Eskom has coal shortages at 10 power plants – spokesman

Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies.

September 13, 2018

India’s steel minister wants import duty on coking coal scrapped

India's steel minister wanted the finance ministry to scrap the 2.5 percent duty on imports of coking coal to limit input costs.