July 11, 2016 Sibanye may close loss-making Cooke 4 mine, puts 2,500 jobs on the line The company said financial losses at the mine threaten the viability of the rest of the Cooke operations, which include four mines and three processing plants.
July 8, 2016 Deutsche Bank ditches coal investments The German banking giant is the last lender to pull back from the embattled coal sector.
July 7, 2016 Alpha Natural Resources, Arch Coal near bankruptcy exit deals Alpha, which filed for bankruptcy in August last year, is scheduled to ask a federal judge Thursday to approve its exit plan despite objections to it.
July 6, 2016 Chinese fund eyes Glencore gold mine in Kazakhstan China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.
July 5, 2016 INFOGRAPHIC: Silver skyrockets post-Brexit, energy is back! Energy had an impressive comeback in Q2, with natural gas and oil being the best performing commodities of the quarter.
July 4, 2016 Rio Tinto sells its Blair Athol coal mine for less than a bus ticket The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.
July 4, 2016 Global mining equipment market to reach $156 billion by 2022 — report Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
July 3, 2016 Sweden sells its German coal mines The Swedish government has endorsed a plan by a state-owned enterprise to sell its four German coal mines and assets to Czech investors.
July 3, 2016 The decline of coal in three charts These three charts show how coal went from hero to zero.
June 28, 2016 These five coal miners spent $95 million on lobbying before going bankrupt Report claims that Walter Energy, Patriot Coal, Alpha Natural Resources, Arch Coal and Peabody Energy also allocated more than half a billion dollars for top executives salaries in decade before…
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
