March 7, 2017

Britain’s CO2 emissions at levels not seen since 1894

Emissions of carbon dioxide from coal fell 50 per cent in 2016 as use of the fossil fuel dropped by 52 per cent, contributing to an overall drop in carbon…

March 6, 2017

Iron ore price drops to 1-month low, coking coal rebounds

Iron ore stockpiles at Chinese ports reach record high, but Beijing steel and coal capacity cuts should lend support to high-grade imports, met coal prices.

March 6, 2017

Canada’s Gov’t gives mining explorers a full extra year of tax credit

The 15% Mineral Exploration Tax Credit, which was slated to expire at the end of this month, has been extended until March 31, 2018.

March 5, 2017

Chinese coal draw-down gathers pace

Coal continues to be the sector in the cross-hairs of Chinese plans to shift its energy mix away from fossil fuels and into cleaner renewables.

March 5, 2017

Mining industry leaders meet again at PDAC 2017

For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.

March 3, 2017

Rio Tinto defers former CEO Walsh bonus over Guinea scandal

Sam Walsh's bonuses, potentially worth millions, had been delayed for at least two years as investigations continue into dubious payments related to Simandou iron ore project in Africa.

March 2, 2017

Canadian miners to implement voluntary principles on security and human rights

Several MAC members already formally participate in the Voluntary Principles on Security and Human Rights Initiative (VPI) and several others apply the VPs for their operations abroad.

March 2, 2017

CAT shares hammered as feds search offices

Federal officials executed a search warrant at three of Caterpillar facilities, including the corporate headquarters in Peoria.

March 1, 2017

Yancoal fresh loss casts doubts on planned acquisition of Rio’s mines

Industry observers believe Yancoal will face several challenges when trying to complete a $2bn equity issue to finance the acquisition of Rio’s coal mines in the Hunter Valley.

March 1, 2017

Wife of coal magnate being considered for Canadian ambassador: report

Picked by Trump.