Glencore profit more than doubles thanks to soaring coal priceThe firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.MINING.COM Editor | August 4, 2022 | 3:53 am
Climate bill would put US back in global race for EV leadershipThe bill is a potential boon to many sectors of…Bloomberg News | August 2, 2022 | 3:16 pm
Paladin back to uranium exploration, development as demand for nuclear surgesAustralian uranium producers including Paladin have raised close to A$400…Reuters | August 1, 2022 | 8:37 am
China urges coal miners to resume production to keep market supplied The central government wants to keep the market supplied and stabilize prices amid the coronavirus outbreak. Reuters | February 2, 2020 | 8:06 am
Miners face funding squeeze as green investing surges Environmental, social & governance concerns have driven money into specialised ESG funds which often exclude mining stocks. Reuters | February 2, 2020 | 7:53 am
Teck’s proposed oil sands mine gets support from rival producers Prime Minister Justin Trudeau’s cabinet may decide on the project’s fate by the end of next month. Bloomberg News | January 31, 2020 | 10:35 am
Canada’s wood bison near proposed oil project face ‘imminent threats’ Environment Minister Jonathan Wilkinson has concluded the bison are threatened and "immediate intervention is required to allow for recovery." Reuters | January 30, 2020 | 9:05 am
Teck says ‘anyone’s guess’ if Canada will approve oil sands project Lindsay said Teck has told the government that for it to build Frontier, it needs a pipeline to be built, a partner, and favorable oil prices. Reuters | January 29, 2020 | 4:22 pm
New York pension to coal firms: Evolve or we’ll divest The fund is reviewing 27 miners that earn at least 10% of revenue from mining thermal coal. Bloomberg News | January 29, 2020 | 2:22 pm
What every mining CEO needs to know about climate change A new report by McKinsey found 30 to 50% of production of three top commodities is concentrated in areas where water stress is already high. Canadian Mining Journal Staff | January 29, 2020 | 12:36 pm
Investors urge drillers, miners not to take advantage of Trump environmental rollbacks The push by the investors comes amid increasing attention by investors to climate and environmental issues. Reuters | January 29, 2020 | 9:26 am
Germany moves forward with $55bn plan to phase out coal power by 2038 Government has approved legislation that sets out the timetable to close more than 100 coal power plants across the country. Cecilia Jamasmie | January 29, 2020 | 5:53 am