July 31, 2024

London lags in mining listings as rivals surge

The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.

July 30, 2024

Vedanta gets secured creditors’ nod for demerger

Vedanta launched the overhaul to carve up its business into six separate businesses.

July 30, 2024

Analysts expect Glencore to keep coal assets after Teck purchase

Glencore is already a top producer of thermal coal, with an expected output of between 98 million and 106 million tonnes this year.

July 28, 2024

Global coal demand to remain largely stable through 2025 — IEA

In its last publication, the Agency previously predicted a decrease in demand in 2024, with a moderate decline thereafter.

July 26, 2024

Column: China’s run of robust thermal coal imports may ease

One of the standout commodity stories so far this year has been China's demand for thermal coal, with the world's largest importer seeing record shipments.

July 25, 2024

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

July 24, 2024

South Africa mines lobby urges caution on minerals export tax

A more than six-fold increase in electricity prices since 2008 and erratic power supply have negatively affected local processing.

July 22, 2024

Anglo American shrinks trading unit as part of major restructuring

The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.

July 22, 2024

High returns lure wealthy investors to fund coal as banks exit

Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks.

July 22, 2024

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.