There’s $500 million of coal on anchored ships off China’s coast
More than 50 vessels have been waiting a month or longer to offload coal from Australia.
Latest Stories
Speculative heat keeps copper market bubbling
LME three-month metal extended its recovery from the March lockdown lows of $4,371 to $7,331 per tonne, the highest trade since June 2018.
Elon Musk overtakes Bill Gates to grab world’s second-richest ranking
The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price.
US coal miners call on Trump to move on
Leader of the nation’s top mining union, representing about 80,000 workers, says is time for Trump to concede.
Acacia drops coal, embraces graphene
The company was acquired by Graphene Technology Solutions and has re-listed as Sparc Technologies.
China coal imports to increase in December – report
Wood Mackenzie says seaborne thermal coal imports are expected to grow from 9.5 Mt to 20 Mt in December.
Australia’s 50 mid-tier miners outperform the market – report
PwC finds the MT50 have maintained consistent revenues and profits, with revenue up 6%.
Cardinal Resources attracts third bidder in takeover war
A Ghanaian suitor has offered $1.05 per share, becoming the third bid Cardinal receives this year.
Gold mining emissions draw scrutiny after price surge
Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them.
