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.

July 21, 2024

Singaporean consortium secures $850m for South32’s Australian coking coal

South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.

July 18, 2024

Whitehaven Coal sees higher prices on disruptions

The company's Blackwater and Daunia mines in Queensland, which it recently purchased from BHP, produced 4.8 million tonnes.

July 18, 2024

Column: China’s commodity import trend driven by prices, not economy

China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.

July 16, 2024

BHP posts second straight year of record iron ore production, beats estimates

The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.

July 16, 2024

UK’s first coal mine in 30 years faces climate court test

Environmental campaigners are challenging the approval of a coking coal mine in northwest England.

July 13, 2024

Polish miner found alive after more than 48 hours trapped underground

State-run news channel TVP Info reported that the miner was conscious when rescuers reached him.

July 12, 2024

Botswana eyes new export route to exploit huge coal resource

The African Development Bank has agreed to finance a feasibility study for the project, at a cost of about $4 million.