May 12, 2014

Mozambique to open new round of coal bids

Following adoption of new mine ownership law for coking coal-rich southern African nation.

May 12, 2014

Mining CEO arrested, India’s multimillion dollar coal mine contract in jeopardy

Australia’s largest construction company warns its Indian sudsidiary might lose a multimillion dollar contract to develop and operate the $5.5 billion Pakri Barwadih coal mine.

May 12, 2014

Protester dressed as gecko blocks coal trains

The company has been facing a string of attacks as of late.

May 9, 2014

Coal-producing Wyoming becomes first state to reject climate school lessons

The new science curriculum, proposed by ­national education groups, was discarded because it regarded man-made climate change as a possibility.

May 8, 2014

Miners’ time to rejoice: Rio Tinto hints at imminent end of downturn

The head of the world’s second largest mining company, Sam Walsh, said he will soon stop focusing on cost cuts to centre on growth again.

May 8, 2014

Australia gives green light to new $15bn coal mine despite Barrier Reef qualms

Adani Group's mine, designed to eventually produce 60 million tonnes of thermal coal a year, has been the focus of ongoing opposition.

May 8, 2014

Former BP boss is Glencore Xstrata’s new chairman

Tony Hayward was ousted from the oil giant in 2010 following the Gulf of Mexico disaster — the vastest marine oil spill in history.

May 7, 2014

Coal prices slump didn’t affect mining CEOs pockets last year: report

Average compensation went up by more than $100,000, amid staff cutbacks, mine closures, shelved expansion plans and asset sales.

May 7, 2014

The value of project generators in a low probability industry

Project generators operate in different markets and stages of project development. Risk profiles vary considerably; leading to diversification within the universe.

May 7, 2014

Stanford University waves its coal mining shares good-bye

It is largest and most prestigious US educational institution to join the growing number of colleges divesting from fossil fuels.