Steel sector may be saddled with up to $70bn in stranded assets – report

Blast furnaces using coal could become unnecessary or inoperable, resulting in "stranded assets" worth $47 billion to $70 billion, the Global Energy Monitor said.

Reuters | June 30, 2021 | 10:20 am

Eskom needs $10bn to repurpose most coal plants by 2050

The utility is in talks with development finance institutions to raise the money.

Bloomberg News | June 30, 2021 | 9:28 am

Dalian iron ore price set for seventh straight quarterly gain

China is pausing industrial activity to clear air pollution ahead of the Chinese Communist Party’s 100th anniversary celebration later this week.

MINING.COM Staff Writer | June 30, 2021 | 9:26 am

US EPA weighs Taseko copper mining process akin to fracking

The Canadian firm wants to use a process that involves injecting sulfuric acid and water deep underground to break up a mineral deposit.

Reuters | June 30, 2021 | 9:08 am

Orla Mining shares surge on $35 million financing

An unnamed institutional investor participated in the financing, becoming the company's latest accredited shareholder.

MINING.COM Staff Writer | June 30, 2021 | 8:42 am

Copper price set for smallest quarterly gain since March 2020

China curbs and expectations of sooner-than-anticipated policy tightening in the United States have pressured prices.

MINING.COM Staff Writer | June 30, 2021 | 7:42 am

More than 100 coal mines in China halt operations for centennial

In Shanxi, the country’s biggest coal producing province, 128 of the fossil fuel mines accounting for nearly a quarter of the region’s capacity have suspended operation.

Bloomberg News | June 30, 2021 | 6:52 am