MINING.COM

Glencore to sell Australian coal train fleet within 3 months

It expects to fetch between $755 million to $1.1 billion for the nine trains, which carry coal from mines in NSW to port operations on Australia's eastern seaboard.

Cecilia Jamasmie | July 12, 2016 | 7:10 am

Thermal coal price hits 10-month high as Chinese buyers snap up cargoes

A crackdown by the Chinese government on surplus thermal coal has had a knock-on effect on the price.

Andrew Topf | July 11, 2016 | 8:08 pm

Gold price rally helps producers climb world’s top 25 mining companies list

Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.

Cecilia Jamasmie | July 11, 2016 | 7:54 am

Sibanye may close loss-making Cooke 4 mine, puts 2,500 jobs on the line

The company said financial losses at the mine threaten the viability of the rest of the Cooke operations, which include four mines and three processing plants.

Cecilia Jamasmie | July 11, 2016 | 5:35 am

Deutsche Bank ditches coal investments

The German banking giant is the last lender to pull back from the embattled coal sector.

Cecilia Jamasmie | July 8, 2016 | 4:47 am

Alpha Natural Resources, Arch Coal near bankruptcy exit deals

Alpha, which filed for bankruptcy in August last year, is scheduled to ask a federal judge Thursday to approve its exit plan despite objections to it.

Cecilia Jamasmie | July 7, 2016 | 5:08 am