August 1, 2023

Chinese investment in coal-based steel mills still running hot

Steelmakers received approvals from provincial authorities to invest about $100 billion in new coal-based mills over the past two-and-a-half years.

August 1, 2023

Main sources of coal bursts identified

Coal bursts are triggered by a volatile and uncontrolled energy release from within an overstressed rock mass or coal seam.

July 30, 2023

Renewables are cheapest new-build electricity generation in Australia – report

Wind and solar have retained their position as Australia’s cheapest new-build electricity generation despite a 20% average rise in technology costs.

July 27, 2023

Teck still engaged with several suitors for coal sale, CEO says

Teck is considering a “number of structures” proposed by multiple interested buyers, CEO Jonathan Price said.

July 27, 2023

Coal plant moratorium pushed by UK, Canada in letter to G20

China is working to add almost 100 gigawatts of new capacity powered by the polluting fuel.

July 27, 2023

Anglo and Teck underline mining retreat as China dampens profits

Anglo reported a more than 40% fall in underlying earnings to $5.1bn, while Teck posted an even sharper drop in Q2 profit of over 50% to C$1.48 billion ($1.1bn).

July 27, 2023

Teck cuts copper guidance on lower output at QB2

QB2 is the first step in Teck’s plan to grow its copper footprint and implies extending the aging deposit’s life by 28 years.

July 26, 2023

Colombia names leftist engineer as new mining minister

Andrés Camacho, 42, will be in charge of Colombia’s transition away from its two main sources of revenue: oil and coal.

July 24, 2023

Tycoon Jindal’s JSW Steel scouts for global coal mining assets

India’s top steel producer plans to scale up its capacity to 50 million tonnes by the end of the decade.

July 23, 2023

New draft decree proposes limiting issuance of mining titles in Colombia’s vulnerable ecosystems

Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations.