March 13, 2018

Indonesia revises new domestic coal price cap to mid-March — official

The cap, which was set at $70 per tonne for two years for coal with a calorific value of 6,322 kilocalories, will now apply from March 12, revised from Jan.…

March 12, 2018

Polish JSW beats forecasts with 2017 profit, but suspends dividend

JSW said on Monday its 2017 net profit jumped to 2.54 billion zlotys ($745.31 million) from 6.7 million zlotys a year earlier.

March 12, 2018

Germany’s Merkel still hopes for talks on U.S. tariffs

German Chancellor Angela Merkel said Europe must be ready to respond to the unilateral imposition of trade tariffs by the United States but she first hoped for talks on the…

March 9, 2018

China spreads the love to all sources of energy, even hated coal

China mines and burns about half the world’s coal, so it can’t totally ditch it.

March 9, 2018

Rio Tinto’s last two coal mines set to attract bids over $2.5 billion

Company made a strategic decision in 2017 to exit coal and focus on growth in iron ore, copper and its aluminum division.

March 8, 2018

South Africa’s mines minister urges speedy resolution on Optimum mine

The Optimum coal mine, which has faced a strike by its workers over unpaid salaries, sought protection from creditors on Feb. 20.

March 8, 2018

B.C. mining and exploration grew last year for the first time since 2012: EY

Exploration spending increased 20% across the Canadian province in 2017, reaching $246 million, compared with $205 million in 2016.

March 7, 2018

British Columbia to reform Environmental Assessment Process in the fall

Environmental assessments already underway will continue under the current process.

March 7, 2018

Rio Tinto speeds up driverless fleet expansion in Australia

Fifteen autonomous trucks will be introduced to West Angelas iron ore mine, in the Pilbara region.

March 6, 2018

US steel and aluminum tariffs a ‘black day for the world’ — BHP

BHP chief executive officer Andrew Mackenzie believes US President Donald Trump’s plans for steel and aluminum tariffs will harm the global economy.