April 22, 2015

Mick Davis tells investors to stay away from coal, Africa

When asked about how much lower commodities prices will dive this year, Davis said he thought they were close to hitting rock bottom.

April 22, 2015

Beyond oversupply: steelmakers need higher-quality iron ore

All iron ore is not created equal.

April 22, 2015

AME BC pleased with federal budget 2015

“We are very pleased to see the federal government’s commitments to extend the Mineral Exploration Tax Credit through March 2016 and to expand the eligibility of Canadian exploration expenses,” says…

April 21, 2015

Teck cuts dividend as coal continues downward slide

Canada’s largest diversified miner says slashing the dividend by two-thirds will allow it to keep generating positive cash flow.

April 20, 2015

Here’s what China closing coal-power plants means for emissions

China’s recent scrapping of small coal plants will avoid the release of as much as 11.4 million metric tons annually of climate-warming carbon dioxide, helping the country cut emissions for…

April 19, 2015

Will solar be the bullet that kills coal?

A new adversary is emerging for coal. It comes from silicon wafers, the material used to make solar panels.

April 17, 2015

World Bank financing fossil fuel-related projects, while calling to end subsidies — report

Study shows the bank offered $3.4bn in loans, grants, guarantees, risk management and equity for fossil fuel-related projects for the 2013-14 financial year.

April 17, 2015

BHP, Rio face hard choices as ore woes set in

Once the darlings of the local market, BHP Billiton and Rio Tinto now face a rocky road as investors accept the reality that lower iron ore prices will last for…

April 17, 2015

Australia’s AGL to shut all coal plants by 2050

Australia's No.2 power retailer's decision aims to curb greenhouse gas emissions.

April 14, 2015

Citi’s ‘end of the Iron Age’ note triggers waves of downgrades

The International Monetary Fund and Standard and Poor's, in turn, predict prices for the steelmaking material are set to fall even further.