May 7, 2023

Coal India profit drops after wage cost provisions jump 12-fold

Coal India reported a 17% decline in profits following a 12-times surge in provisioning for higher staff wages. 

May 6, 2023

Vedanta Resources repays $800 million loans to StanChart

Vedanta Resources said it has repaid $800 million worth of loans, another move that could assuage concerns about its liquidity.

May 5, 2023

Investors irked by Glencore’s stance on thermal coal AGM vote

Glencore asks shareholders to reject resolution demanding more transparency on the miner's thermal coal plans.

May 4, 2023

Teck chooses greener rail transportation for steelmaking coal

Teck and the Canadian Pacific Kansas City railroad have signed a long-term agreement.

May 3, 2023

Barrick CEO Bristow rails against Ottawa’s interference in Canadian mining industry

Barrick CEO Mark Bristow is refusing to shut the door on accepting new investment from state-controlled Chinese companies, and questioned the move by Canada and the US to clamp down on…

May 1, 2023

Australian thermal coal mine aims for Q4 restart on supply deal

The Dartbrook joint venture is currently finalizing funding arrangements to meet future restart capex and working capital needs.

May 1, 2023

Column: Soft China PMI likely to flow through to uneven commodity demand

The surprise contraction in China's manufacturing index in April underlines the uneven nature of the recovery in the world's second-biggest economy.

April 30, 2023

Three-quarters of small earthquakes in South Korea related to mining explosions – study

Out of 182,000 small seismic events that took place in seven years in South Korea, 135,000 were related to mining explosions.

April 28, 2023

Glencore deal for Teck would face stringent review, Trudeau says

Trudeau promised that, if the government is asked to approve a deal, it will be consistent in applying Canada’s takeover rules “so investors can know what they’re getting into.”

April 27, 2023

Robots help ‘smart mines’ drive China’s coal build-out

China invested $79 billion in coal production last year, according to the IEA, while the rest of the world combined spent $37 billion.