October 20, 2014

TECO Energy sells coal subsidiary for $170 million

The sale price includes future payments of $50 million if certain coal benchmark prices reach specified levels over the next five years.

October 20, 2014

Peabody swings to loss as coal prices plunge

While coal sales have shown some signs of a rebound, low natural-gas prices continue to pressure the fossil fuel demand and pricing.

October 20, 2014

Mining investment in Kazakhstan to reach $30bn by 2017

The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.

October 19, 2014

Coal central to pivotal Kentucky Senate race

Eastern Kentucky could play a deciding role in a Senate race seen as important to establishing control of the United States Congress in upcoming mid-term elections.

October 19, 2014

Indonesia’s Choice: Coal vs. Environment

Indonesia cannot build power stations fast enough. And neither can most of its Asian neighbours.

October 17, 2014

INFOGRAPHIC: a year’s worth of resources in BC

In response to popular demand from our home province of British Columbia, today we visualize the amount of natural resources extracted from BC each year.

October 17, 2014

Cliffs the newest victim of iron ore price slump: to take $6bn charge

The miner said the move was driven by its revised pricing outlook and adverse market conditions.

October 16, 2014

Renewables would boost First Nations’ support for mining in Ontario: poll

About 71% of the Northern Ontario First Nation community residents surveyed believe the provincial government is not doing enough to promote renewables.

October 16, 2014

Brazil’s iron ore giant MMX seeks bankruptcy protection

Ex-billionaire Eike Batista’s main mining unit became the third of his companies to file for bankruptcy protection in a year.

October 16, 2014

BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.