November 28, 2023

Obscure coal stock with 2,900% gains is world’s star IPO in 2023

PT Petrindo Jaya Kreasi stock has surged since its listing in March, following a $25 million offering.

November 28, 2023

Tanzania plans new $5.6 billion rail to iron ore, coal-rich area

The Mtwara-Mbamba Bay railway with spurs to Mozambique, Zambia and Malawi was first proposed two decades ago.

November 24, 2023

Australian company revives its push for a controversial coal mine in Alberta

A company whose application for a coal mine in Alberta was rejected two years ago is back – with a new name, and an updated request.

November 24, 2023

South Africa’s climate pact to channel money to coal belt

Investment plan for a $8.8 billion pledged in climate finance will see part of the money spent in Mpumalanga, the country’s coal-mining and power plant hub.

November 23, 2023

BNP Paribas cracks down on mining clients exposed to coal

The European Union’s biggest bank will no longer provide financing to projects dedicated to the extraction of metallurgical coal.

November 22, 2023

China shifts approach to fatal coal mining accidents to ensure supply security

In recent times, the prospect of a round of safety inspections in a mining hub like Shanxi would have fueled concerns over disruptions to output.

November 22, 2023

Ukraine’s coal mines turn to women to solve wartime staff shortages

After more than a thousand of its workers went to fight Russia's invasion, a coal company decided to allow women to work underground for the first time in its history.

November 21, 2023

Indonesia aims to start collecting levies from coal miners in January

The proceeds will be used to compensate miners who supply to the state-owned power firm at the capped price.

November 20, 2023

Rio Tinto to pay $28 million fine to settle US SEC fraud case

The defendants had been accused of deceiving investors about the value of Rio Tinto Coal Mozambique.

November 17, 2023

Teck’s deal to shed coal comes at a perfect time

The Vancouver-based miner’s dramatic repositioning comes at a good time for investors.