July 31, 2018

Arch Coal is the incredible shrinking miner

Despite President Donald Trump’s repeated assertions of its bright future, coal mining is a dying industry and the secret to a long life in this twilight era is accepting mortality.

July 31, 2018

BHP, Rio deals show lack of options beyond shareholder returns: Russell

BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the…

July 30, 2018

Indonesia unlikely to change coal supply, pricing rules until 2019

Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated.

July 30, 2018

Anil Agarwal given more time to make firm offer for Vedanta Resources

He has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1…

July 30, 2018

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

July 29, 2018

Environmentalists worried about prospecting in New Zealand’s South Island

The government lifted a moratorium for prospecting permits on 7,828 square kilometres on the northern part of the South Island.

July 27, 2018

South African diamond fetches half a million dollars

The gem was sold on tender for $11,267 per carat.

July 27, 2018

Will BHP’s CEO follow Top Miner’s shale unit out of the door?

BHP Billiton Ltd.’s $10.8 billion of deals to exit its troubled U.S. shale unit will allow Chief Executive Officer Andrew Mackenzie to shower investors with returns. It may also be…

July 24, 2018

India’s Adani sees six-fold rise in coal mining volume despite challenges in Australia

Adani is looking to buy mines in countries such as Indonesia and is securing financing for its Carmichael mine in Australia amid challenges from environmental groups concerned about climate change…

July 24, 2018

Canada scaring mining investors with long, unclear permit processes

Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past…