March 3, 2016 Former Aussie coal magnate Nathan Tinkler officially bankrupt Once Australia's youngest billionaire, the electrician turned coal baron has failed to pay off his private jet and other debts and is now officially ruined.
March 1, 2016 Warning of another string of mining bankruptcies in 2016 Rate of corporate defaults could be double historical average going back to 1920 says new study.
March 1, 2016 Glencore swings to loss on write-downs and collapsing coal, metal prices The Switzerland-based mining and energy giant lost $5 billion in 2015.
February 29, 2016 Consol unloads Virginia coal mine for $420 million The sale leaves Consol will only have three mines in southwestern Pennsylvania and one site, the Miller Creek complex, in southern West Virginia.
February 29, 2016 Greenfield exploration in Australia picks up Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.
February 29, 2016 China to axe 1.8 million coal, steel jobs As part of the government’s ongoing efforts to reduce industrial overcapacity.
February 29, 2016 Death toll from Russia’s mine disaster climbs to 36 as rescuers killed in new explosion The bodies of four miners were recovered after the initial disaster, but the remains of the six rescuers who died trying to reach the stranded miners are yet to be…
February 26, 2016 Coal mine explosion in Russia kills 4, 26 missing About 110 coal miners were underground when a seismic jolt caused part of the structure to collapse late Thursday.
February 25, 2016 South32 looking for assets despite $1.75bn loss, massive layoffs Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.
February 24, 2016 ‘Several years’ of iron ore bear market behind Rio downgrade Moody's takes Rio Tinto's credit down a notch to below A-rating with a negative outlook.
i-80 Gold secures $500M package to fund Nevada growth plan The $500 million will fund the first two phases of its plan, which are expected to bring its annual production up to approximately 300,000–400,000 oz. February 12, 2026 | 08:53 am
