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…

June 27, 2016

BHP hikes exploration spending to focus mostly on copper, oil

It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.

June 24, 2016

Is there a future for the Russian coal industry?

It is an open secret that the global electric power industry of which the coal industry forms a part is experiencing a system-wide reduction in both volumes and prices of…

June 23, 2016

China’s nuclear war on coal

Beijing's already cut coal miners working hours by 16% and plans to eliminate 500 million tonnes of coal capacity within just 3–5 years.

June 21, 2016

The world’s 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

June 21, 2016

Rio Tinto may be planning a $9bn spinoff a la BHP

Rumours follow Rio's decision to group its least loved units — coal, uranium salt, borates and its Iron Ore Co. of Canada — under a new umbrella branded as the…