War on coal making the world’s top mine owners a lot richer
Anglo American Plc, Glencore Plc and BHP Billiton Ltd. are generating the highest profits in years from their coal mines.
Latest Stories
Glencore is said to take Congo rift with Gertler to London court
The Swiss miner was granted a temporary injunction against the Israeli billionaire after petitioning the London court to rule against a Congolese judge’s decision last week to freeze assets at its Kamoto Copper project.
Rio Tinto to double number of autonomous drills at Pilbara mines
Driverless trucks at the same iron ore operations already haul over a quarter of both ore and waste material.
S.Africa gold miners to sign silicosis lawsuit settlement this week
Most claimants are black miners from South Africa and neighbouring countries such as Lesotho, whom critics say were not provided with adequate protection during and even after the Apartheid ended in 1994.
Vedanta considers building zinc smelter in South Africa
Company is accelerating expansion of its African zinc operations to take advantage of a surge in zinc prices.
StrikePoint grabs historic Porter Idaho silver asset from Skeena
Skeena will receive Cdn$1.75 million in cash plus another Cdn$1.75 million in StrikePoint common shares at a value of Cdn$0.225, based upon the 20-day average price of the stock.
Two U.S. coal miners see growth amid sector’s gloom
Most miners producing coal for electricity are getting battered by cheap natural gas and increasingly stringent pollution controls.
US to fund batteries that store power for days, not hours
The U.S. is looking for new battery technologies that are cheaper and can hold onto power longer.
Australia corporate watchdog expands legal action against Rio Tinto, former executives
The global miner has denied any wrongdoing in a similar case brought by the U.S. Securities and Exchange Commission.
