September 16, 2015

Glencore to reduce debt after getting $2.5 billion in shares sale

The share sale is set to reduce the company’s net debt by a third to around $20 billion by the end of 2016.

September 14, 2015

US coal industry’s cost cuts not enough to offset weak prices

Average sales margins for coal miners have fallen by about half since 2011, forcing three of the U.S.'s largest publicly traded producers to file for bankruptcy protection this year.

September 14, 2015

Anglo American completes sale of Chile copper mines

The announcement comes only days after Anglo announced a $330m deal to sell lossmaking South African platinum mines to Sibanye Gold.

September 14, 2015

Asia shifting to modern coal powered generation

A new report by the International Energy Agency (IEA) – Clean Coal Centre - has detailed the changing electricity generation landscape in the rapidly growing countries of South and East…

September 14, 2015

Guinea hosts second meeting of National Coordinators of the Extractive Industries Transparency Initiative (EITI)

The objective of these meetings is for African countries to find a common position before the next EITI Global Conference, to be held in Lima, Peru in February 2016.

September 11, 2015

Teck Resources to expand its Fording River coal mine

Teck to expand its Fording River coal mine but with met coal global glut, the question now is whether the project will proceed as originally planned.

September 11, 2015

University of California sells off $200 million in coal, oil sands assets

Chief Investment Officer Jagdeep Bachher said the assets were no longer good investments for the university's $98.2 billion fund.

September 10, 2015

Big name investors are piling back into commodities

A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.

September 10, 2015

BHP, SaskPower partner to accelerate development of carbon capture and storage

The companies will share access to data and lessons learned from SaskPower’s Boundary Dam facility — the world’s first full chain power sector CCS project.

September 10, 2015

Duke Energy, U.S. Gov’t end 15-year-old Clean Air Act litigation

The company still denies the alleged violations, but has agreed to settle the case solely to avoid the costs and uncertainties of continued litigation, it said.