Coal Top Stories

BlackRock, Storebrand pressure Indian bank over coal mining loan

Shareholders of India’s largest bank are raising concerns about a proposed loan to Adani Enterprises Ltd. to help fund the opening of the controversial Carmichael coal mine in northern Australia.

Bloomberg News | December 4, 2020 | 9:10 am

Coal mine accident in China leaves 23 trapped

The incident occurred at the Diaoshuidong coal mine.

Reuters | December 4, 2020 | 9:07 am

China to allow Australian coal cargo ashore despite ban

It remains uncertain whether the unloadings are exceptions to meet…

Bloomberg News | December 4, 2020 | 8:57 am

Two coal companies bankrupted by covid as industry slides

Coal has been hit hard this year because of the…

Bloomberg News | December 4, 2020 | 8:36 am

Glencore taps coal head Gary Nagle as new CEO

Announcement came as the Swiss firm revealed an ambitious plan…

Cecilia Jamasmie | December 4, 2020 | 3:51 am

Study: Private capital investment in US coal is over

At over $43 billion, 2016 is set to be a record year for raising capital to invest in North America's energy sector, but not a single fund is targeting coal.

Frik Els | November 30, 2016 | 5:55 pm

Mining accidents in China to spike as country digs more coal

In the last week alone, seven miners have been killed and 22 others remain trapped, following two accidents in local coal operations.

Cecilia Jamasmie | November 30, 2016 | 4:05 am

SEC said to be probing Rio Mozambique coal deal

World number two miner acquired Southern African coal assets for $3.7 billion in 2011 – sold it for $50 million three years later.

Frik Els | November 28, 2016 | 5:32 pm

Trump infrastructure bump forecast for global economy

New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.

Frik Els | November 28, 2016 | 5:09 pm

Alpha Natural execs. face fraud charges for failing to disclose $100M in liabilities

Regulators argue the undisclosed liabilities increase the probability that the state will be left with claims under the surface-mining and other environmental laws.

Cecilia Jamasmie | November 28, 2016 | 8:21 am

CHART: Mining capex decline set to continue

Global miners have been cutting spending on new projects and expansions since 2012.

Frik Els | November 27, 2016 | 11:00 pm

China risks wasting $490 billion on unneeded coal plants — study

Slowing power demand growth and low carbon capacity targets in China's latest five-year plan are found to be squeezing coal generation out of the power mix.

Cecilia Jamasmie | November 27, 2016 | 4:01 pm