MINING.COM

South32 drops $200 million plan to buy Peabody coal mine

The miner said it was unwilling to take the steps required to satisfy Australian steel makers to get the approval of the transaction, which would have its major deal since spinning off from BHP in 2015.

Cecilia Jamasmie | April 18, 2017 | 3:42 am

US Energy Secretary worried about coal

Rick Perry expressed concerns about the diversification of power sources and the stability of the country’s grid

Valentina Ruiz Leotaud | April 17, 2017 | 4:28 pm

Coking coal price jumps to six-year high

Up another 5% on Thursday – stones throw away from all-time high.

Frik Els | April 13, 2017 | 9:53 am

Australia greenlights Rio Tinto’s $2.45bn sale of coal mines to Yancoal

With the Foreign Investment Review Board’s approval, Rio Tinto is a step closer to fully exit thermal coal.

Cecilia Jamasmie | April 13, 2017 | 4:43 am

Iron ore, copper price plunge brings carnage to mining stocks

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

Frik Els | April 12, 2017 | 2:44 pm

BHP brands Elliott’s overhaul proposals as flawed, costly

Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.

Cecilia Jamasmie | April 12, 2017 | 5:01 am

BHP Billiton to escalate defence from Elliott with Goldman’s help

Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have the same ability to defer production until oil prices improve.

Cecilia Jamasmie | April 11, 2017 | 4:08 am

Coking coal price soars past $300

Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.

Frik Els | April 10, 2017 | 1:05 pm

BHP rejects activist fund Elliott urge to spin off US oil assets

Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.

Cecilia Jamasmie | April 10, 2017 | 3:22 am

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Most miners lag behind in human rights issues — report

South32 posts profit rise on rebound in commodities demand

Biden assurances on jobs sting like insults in mines, oil patch

Adding copper salts to coal may increase combustion efficiency – study

Glasenberg signs off with Glencore dividend, trading bonanza

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