Weaker growth and mining slowdown pressuring Australia, Treasurer saysEarnings from iron ore, Australia’s major export, are forecast to decline on waning prices that have dropped about a quarter this year.Bloomberg News | December 15, 2024 | 11:11 am
Chinese coal prices slump to year’s low as stimulus disappointsChina’s coal market has been in steady decline since late…Bloomberg News | December 13, 2024 | 4:35 pm
Exxaro said to have discussed acquiring South African manganese mineThe Tshipi Borwa mine produced 3.3 million tonnes of ore…Bloomberg News | December 12, 2024 | 10:29 am
Exxaro suspends CEO pending workplace conduct investigation Nombasa Tsengwa is the company's first woman CEO and was recently elected president of the Minerals Council of South Africa. Bloomberg News | December 4, 2024 | 11:10 am
Deutsche Bank sticks out among financiers of Peabody’s coal loan Peabody obtained a $2.1 billion bridge loan to help it pay for the acquisition, according to a Nov. 25 filing. Bloomberg News | December 2, 2024 | 2:23 pm
Anglo shares rise amid renewed takeover speculation BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired. Staff Writer | November 29, 2024 | 9:27 am
Colombia to set up reserve zones amid miners’ concerns Designating certain areas as temporary reserve zones will effectively restrict extraction and exploration in those areas, companies warn. Staff Writer | November 29, 2024 | 4:57 am
India, Mongolia in talks for preliminary mining pact The pact will focus on transit of minerals such as coal and copper, Reuters sources say. Reuters | November 28, 2024 | 8:00 am
Rise of China’s Xinjiang as coal hub undercuts climate goals Output has surged 22% this year, the fastest growth of any region in China. Bloomberg News | November 27, 2024 | 4:31 pm
Mining CEO salaries rise, but gender diversity remains elusive, report finds Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says. Henry Lazenby - The Northern Miner | November 27, 2024 | 7:17 am
Gina Rinehart closer to opening contested coal mine in Canada Australia's richest woman gathered support from more than 70% of the locals in the Alberta region that is home to the Grassy Mountain mine. Cecilia Jamasmie | November 27, 2024 | 3:46 am
China’s seaborne coal imports fall sharply amid shift to Russia, Mongolia supply China has seen its market share of seaborne coal imports fall sharply over the past two years, down from the 93% between 2015-2022 to 76% in 2023-2024. Staff Writer | November 26, 2024 | 10:25 am