Stanmore Resources to raise $506 million for BHP Mitsui Coal stake buy

Stanmore, which signed the deal with BHP in November to buy the stake for $1.35 billion, said it would issue about 631 million shares.

Reuters | March 2, 2022 | 3:09 pm

China moves to secure commodities rocked by Ukraine war

Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.

Bloomberg News | March 2, 2022 | 10:15 am

US official says South Africa aid aimed at coal plants not EVs

State-power utility Eskom had initiated the talks last year in a bid to raise money to help reduce its reliance on the coal.

Bloomberg News | March 2, 2022 | 10:08 am

China shunning Russian coal with banks nervous over sanctions

At least two of China’s largest state-owned banks are limiting financing for Russian commodities.

Bloomberg News | March 2, 2022 | 8:14 am

Most Georgians prefer clean energy over coal – study

A recent survey found that only 30% of Georgia residents support new coal-fired power plants.

MINING.COM Staff Writer | March 2, 2022 | 6:06 am

After 139 years of coal mining, Peabody expands into solar

The company’s primary focus will continue to be coal.

Bloomberg News | March 1, 2022 | 7:45 am

US Supreme Court questions scope of EPA’s climate change powers

Justices gave a mixed reception to Republican-led states and coal companies seeking to bar the EPA from issuing a sweeping plan to reduce carbon emissions from power plants.

Bloomberg News | February 28, 2022 | 3:07 pm