Energy Top Stories

Peabody Energy to buy Alabama coal mine for $400 million

The transaction involves the purchase of Shoal Creek metallurgical coal mine, preparation plant and supporting assets, excluding legacy liabilities other than reclamation.

Cecilia Jamasmie | September 21, 2018 | 8:52 am

Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders

The fresh round of returns follows Rio’s promise in August…

Cecilia Jamasmie | September 20, 2018 | 3:48 am

Coal exports from top shipper hobbled with miners facing constraints

Coal exports from Indonesia will be restrained this year, which…

Bloomberg News | September 19, 2018 | 10:58 am

Poland’s JSW seeks ministry approval to buy Prairie Mining assets – CEO

Poland's state-run JSW awaits approval from the Energy Ministry in…

Reuters | September 19, 2018 | 9:31 am

Indonesia issues new rules for commodity exporters as rupiah slides

Indonesia has laid out new rules for commodities exporters to…

Reuters | September 18, 2018 | 11:21 am

NSW environmental watchdog bashed over BHP’s coal pollution case

The 14-months long investigation ended on April 10, with BHP accepting the charge of “causing an offensive odour,” and the EPA releasing just a single tweet about it.

Cecilia Jamasmie | May 4, 2015 | 7:30 am

Goldman Sachs mulls selling Colombia’s coal mines

The sale would put an end to Goldman’s rocky involvement in raw-materials production.

Cecilia Jamasmie | May 4, 2015 | 7:00 am

Turquoise Hill sale of stake in Mongolia’s SouthGobi falls through

The failed deal was supposed to allow Turquoise Hill to finally break ties with the Mongolian coal miner that was once worth over $2.4 billion.

Cecilia Jamasmie | May 1, 2015 | 5:10 am

Did Rick Rule back off of uranium too soon?

Uranium has been on a tear recently. Stocks are going up fast in the sector. Even large companies like uranium miner Cameco have seen a double-digit move up in a month.

Sprott's Thoughts | May 1, 2015 | 4:49 am

Rio Tinto ready to resume hunt for mining deals — report

If the miner buys any assets this year, it would be Rio's first acquisition in about three years.

Cecilia Jamasmie | May 1, 2015 | 3:23 am

Church of England $14bn fund blacklists coal, oil sands

Only primary producers like Peabody will be excluded from investment portfolio so a BHP or Glencore could still make the grade. Met coal also fine.

Frik Els | April 30, 2015 | 2:47 pm

New report showing increased reshoring means greater U.S. minerals demand

Minerals are the bedrock of the manufacturing industry.

[email protected] | April 30, 2015 | 6:46 am

Climate change advocates will fail to cut coal consumption: Glencore

Chief executive Ivan Glasenberg said growing demand for cheap energy will secure demand for coal.

Cecilia Jamasmie | April 29, 2015 | 9:52 am

Cliffs US sales beat estimates, turns a profit in Q1

But the miner revised down its 2015 U.S. iron ore sales and production volume estimate to 20.5 million tons, from its previous guidance for 22 million tons

Cecilia Jamasmie | April 29, 2015 | 5:50 am

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