August 8, 2023

Glencore keeps dealmaking powder dry for Teck as payouts drop

The company underlined its interest in a deal by holding back $2 billion for a potential purchase of Teck’s coal business.

August 6, 2023

Mexican authorities still not able to recover bodies of 10 miners killed a year ago in Coahuila

Relatives of the victims of a coal mining accident that took place a year ago in Coahuila are falling into despair.

August 5, 2023

One miner dies, five injured after underground tremor in Polish mine

One miner died and five were injured after an underground tremor in a mine at Bielszowice in southern Poland.

August 3, 2023

Typhoon’s devastation brings respite to China’s coal market

Torrential rains are dousing Chinese coal prices as power consumption drops in flood-hit cities and industrial areas.

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).