July 4, 2024

Canada approves Glencore takeover of Teck coal unit, with conditions

The government is planning to approve the deal as soon as Thursday, Globe and Mail said.

July 4, 2024

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

July 3, 2024

Indonesian miner seeks M&A targets in shift from dirtiest coal

PT Delta Dunia aims to increase the contribution of lower-emission coal to 28% of revenue by the end of this year.

July 2, 2024

Anglo considers options to sell coal assets after fire

The company is still reluctant to abandon the sales process despite the setback, given the strong early interest it received in the mines.

July 2, 2024

Indonesia’s Delta Dunia eyes more deals as it completes US coal buy

The Jakarta-listed company has been diversifying beyond its home base of Indonesia where it runs its BUMA coal mining services business.

July 1, 2024

Anglo coking-coal mine blaze to have months-long impact

The blaze may complicate the London-based company’s plan to sell its assets that mine the steelmaking fuel, after it rebuffed a $49 billion takeover by BHP Group.

June 30, 2024

Anglo American battles underground fire at Australian coal mine

It is the same mine where an explosion in May 2020 critically injured five workers.

June 26, 2024

L&G investment business to sell Glencore stake over thermal coal

Glencore plans to run down its thermal coal mines by the mid-2040s, closing at least 12 by 2035.

June 25, 2024

Exxaro weighing options for Australian coal JV amid Anglo’s planned exit

The South African coal miner and Anglo equally own the Moranbah South metallurgical coal project in Queensland.

June 20, 2024

Mining M&A stokes coal race against cleaner power

Many banks, insurers and investors have backpedalled from or abandoned the carbon-belching fossil fuel.