Anglo American exposed coal miners to excessive risk, inquiry finds

An Australian inquiry into a blast that seriously injured five workers found that the miner repeatedly produced more methane gas than it could remove and had exposed workers to excessive risk.

Reuters | June 15, 2021 | 7:31 am

VW boss slams G7 leaders for not setting coal phase-out date

Volkswagen’s CEO, Herbert Diess, has taken aim at the Group of Seven (G7) for failing to set a firm date to phase out coal power, as well as production of diesel and gas cars.

Cecilia Jamasmie | June 15, 2021 | 3:46 am

Tanzania to add gold to reserves, resume $3 billion iron project

The government wants to raise the contribution of mining to Tanzania’s gross domestic product to 10% by 2025 from the current 6.7%.

Bloomberg News | June 14, 2021 | 9:46 am

China racing to build coal storage capacity as prices soar

The coal sector must improve mechanisms to store supply and speed up construction of reserve capacity, an official says.

Bloomberg News | June 11, 2021 | 10:59 am

Canada to reject any future thermal coal mining projects

Trudeau has pledged that Canada will reduce its emissions by 40% to 45% below 2005 levels by 2030.

Bloomberg News | June 11, 2021 | 10:31 am

Anglo’s coal retreat may boost South African fossil fuel output

Expansion at Thungela’s could mean the spinoff generates more greenhouse gases than had the mines been gradually run down by Anglo.

Bloomberg News | June 10, 2021 | 10:51 pm

Australia faces climate pressure with EU carbon tariff threat – study

Australia has refused to match commitments by the US, UK and other countries targeting net zero emissions by 2050.

Reuters | June 10, 2021 | 6:52 am

Investors with $41 trillion urge G7 to end support for fossil fuels

A 457-member group of investors, representing an estimated 37% of all global assets under management, joined a coalition of CEOs in demanding the world’s richest nations set more ambitious emissions cut targets.

Cecilia Jamasmie | June 10, 2021 | 3:58 am

Sky-high coal prices won’t spur new mines in a greener world

Companies remain hesitant to invest in new projects with financing difficult to come by and question marks over long-term demand.

Bloomberg News | June 9, 2021 | 10:22 pm

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Europe crisis shows coal’s value, South Africa minister says

Primitive vegetation played key role in composition of earth’s continental rocks

Increasing demand for US coal pushes workforce numbers up in Q2’22 — report

India coal baron becomes world’s third richest trailing only Musk, Bezos

Goldman says ‘buy commodities now, worry about recession later’

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