Coal power plants face $7.3 billion losses in Europe in 2019
Almost 80% of lignite and hard coal-fired generators will be unprofitable this year, a hit the industry is unlikely to survive without government help.
Employment prospects for Australia’s professional geoscientists deteriorated even further in the opening quarter of 2016, driven down by mining’s negativity and dashing hopes for an improvement in the geoscientist employment situation.
Move comes on the heels of Rio Tinto’s decision to resume work on a $5.3 billion expansion of the Oyu Tolgoi copper mine, following a three-year delay due to disputes with authorities.
Glencore's boss has consistently spanked his competitors for wasting and ultimately popping the now deflated long resources boom through a suicidal splurge on growth that took no account of demand and pricing.
Several major producers including ConocoPhillips Canada, Canadian Natural Resources, and others, may be able to resume operations faster than many would have thought, though there are logistical challenges.
The report considers how the use of coal contributes to affordable energy prices, and allows broader access to electricity and improved industrial competitiveness of economies in various regions.
Blankenship is expected to begin serving his time in California today, after being convicted of conspiring to wilfully violate mine safety standards at West Virginia's Upper Big Branch coal mine.
Canada’s largest pipeline company's first-quarter profit rose as record volumes carried on its main pipeline system helped shield it from a sustained drop in oil prices.