June 25, 2012 Glencore, Lexshell consortium owns 71% of Optimum Coal A consortium comprising commodities trader Glencore and South African businessperson Cyril Ramaphosa’s Lexshell 849 has increased its shareholding in black economic-empowered Optimum Coal to just over 70%.
June 25, 2012 Coal prices sink again as Chinese storage yards near capacity Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.
June 25, 2012 Rio Tinto makes first coal shipment from Mozambique Giant miner Rio Tinto said Monday that it has started exporting premium hard coking coal from its Mozambique Benga Mine, its first shipment of 34,000 tons has left the Port…
June 24, 2012 Mapping coal port expansion in the Pacific Northwest The Columbian, a newspaper out of Vancouver, WA, put together a handy map showing proposed development plans for six coal terminals in Oregon and Washington, the status of each along…
June 24, 2012 Doubts on Xstrata’s involvement MINING industry-owned Wiggins Island Coal Export Terminal has selected four miners for its second-stage expansion.
June 24, 2012 BHP Billiton provides $1b silver lining The flagging fortunes of Australia's manufacturing industry have meant the Illawarra region has had a pretty rough trot over the past couple of years. Front and centre was the decision…
June 24, 2012 Coal export terminals would bring jobs, execs say There's no doubt global energy companies and railroads see profits if Washington and Oregon welcome coal exports. But coal backers say they'll bring large-scale benefits, including thousands of construction and…
June 24, 2012 Smaller coal miners operate below cost As many as 10 percent of Indonesian coal producers are operating mines below cost after prices for the commodity slumped amid weaker Asian demand, according to Australia & New Zealand…
June 24, 2012 Coal losing U.S. power struggle America is shoveling coal to the sidelines. The fuel that powered the United States from the industrial revolution into the iPhone era is being pushed aside as utilities switch to…
June 24, 2012 Larry Webster: Circling the wagons for coal It was a beautiful California-ish June day at the mouth of Poor Farm Holler. For those of you don't know where Poor Farm Holler is, it is the next one…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
