May 12, 2015

Patriot Coal files for bankruptcy, in talks to sell all assets

The US coal miner listed assets and liabilities of more than $1 billion each in court filings.

May 12, 2015

Glencore CEO says rivals pushing mining sector into confidence crisis

Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.

May 12, 2015

This is how BHP plans to be the world’s lowest-cost iron ore miner

CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.

May 12, 2015

Major blow to illegal mining in Colombia’s Amazon: 59 arrested

The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.

May 11, 2015

World Bank grants Tanzania $45 million to improve mining sector

Africa's No.4 gold producer is also rich in coal, uranium, diamonds, emeralds, rubies and sapphires.

May 11, 2015

Rio’s new coal chief sees commodity recovery in the ‘very’ far distance

Jean-Sébastien Jacques thinks it will take three to four years for thermal coal prices to recover.

May 10, 2015

Major miner in B.C., on verge of bankruptcy, says overdue payments coming

Walter Energy, Inc. says it will come through with $64.2 million in interest payments due May 15 following concerns it was facing bankruptcy.

May 8, 2015

Copper, iron ore prices hold up despite China trade shock

Overall Chinese imports plummeted 16% in April as coal enters free-fall, but iron ore's decline was modest and copper shipments jumped 5%.

May 8, 2015

Global CO2 levels reach historic record

The monthly global average concentration of CO2 in March was the highest since scientists began tracking this greenhouse gas in the global atmosphere.

May 8, 2015

SNL Energy reports top-paid CEOs

2 new SNL Energy reports rank the highest-paid CEO's in 2014 for power and gas utility and for midstream.