August 5, 2024

Deutsche Bank sells down coal mine loan to private credit funds

The German lender in recent weeks sold about $120 million — half of its exposure — to Australian and Asian credit funds.

August 3, 2024

Australia’s QCoal says worker dies at coking coal mine

The company runs the Byerwen mine in the Bowen Basin.

August 2, 2024

Vitol extends deal spree with purchase of fallen rival Noble

Vitol Group has agreed to buy the last remaining piece of fallen Asian commodity trader Noble.

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.