September 25, 2017

China coking coal, coke prices sink again amid oversupply worries

The most-active coking coal futures on the Dalian Commodity Exchange tumbled as much as 6.5 percent in early trade on Monday.

September 25, 2017

Total to wait for better oil prices before selling Canadian assets

CEO Patrick Pouyanne said the company’s priority was "value over volume", adding that oil sands were among the high breakeven projects in Total's portfolio.

September 25, 2017

Metso to accelerate its strategy implementation with a new operating model and organization

The new organization, effective January 2018, is designed to accelerate Metso's strategy implementation by strengthening its services and product businesses.

September 25, 2017

Stellar Diamonds pays for the Tongo environmental licence

Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces that it has paid US$150,240 to the Sierra Leone Environmental Agency for the Tongo Environmental Licence.

September 24, 2017

UK Labour leader says he’ll invest in former mining towns and steel industry

Jeremy Corbyn, whose Labour Party came second in the 2017 UK general election, has reached out to communities hit hard by the downtown in the coal and steel industries.

September 22, 2017

GE nears sale of its industrial unit to ABB

The companies are likely to announce an agreement by next week.

September 22, 2017

Central Asia Metals to buy Lynx Resources for $402m

The deal is expected to be both earnings- and cash-flow-per-share-accretive in the first full year, the company said.

September 22, 2017

Anglo’s plan to further expand vast iron ore mine in Brazil hits roadblock

Public prosecutor for the state of Minas Gerais, where the iron ore mine is located, ordered the company to reschedule two public meetings as it had failed to inform of…

September 21, 2017

Alrosa finds gigantic pink diamond, likely its most expensive one

Alrosa is currently trying to decide on whether to sell the 27.85-carat rock as a rough diamond, or cut and polish it.

September 21, 2017

Eldorado defers decision to halt operations in Greece as talks with Gov’t begin

Company said it preserved the right to shut down operations in the country and to take legal actions to protect itself and its assets should the dialogue with the ministry…