Rio Tinto to pay $28 million fine to settle US SEC fraud caseThe defendants had been accused of deceiving investors about the value of Rio Tinto Coal Mozambique.Reuters | November 20, 2023 | 8:19 am
Teck’s deal to shed coal comes at a perfect timeThe Vancouver-based miner’s dramatic repositioning comes at a good time…David Berman - The Globe and Mail | November 17, 2023 | 12:25 pm
Top companies’ lobbying undermines their climate pledges, study findsA study of 293 companies found that nearly 60% of…Reuters | November 16, 2023 | 9:25 am
Glencore said to prepare sweetened Teck bid as deadlock drags on The situation remains fluid, and Glencore’s plans could still change, Bloomberg sources said. Bloomberg News | May 30, 2023 | 3:49 pm
Column: Asia’s seaborne thermal coal imports hit record high as prices slip Hotter than usual weather and solid economic growth are driving India's imports. Reuters | May 30, 2023 | 9:14 am
Europe’s unwanted coal heads to China and India as heat builds Shipments of about 7 million tons of Colombian coal will be exported to Asian countries in the next quarter, instead of ports in Europe. Bloomberg News | May 30, 2023 | 7:54 am
It’s not a good time to be a steel mill or coal mine in China China’s raw materials producers are at the forefront of falling industrial profits. Bloomberg News | May 29, 2023 | 7:38 am
Colombia’s new mining policy to be water-focused Colombia’s new mining policy will consider reorganizing the country’s development areas around the conservation of water resources. Staff Writer | May 28, 2023 | 1:25 pm
Global thermal coal prices settling into $200 per tonne range after volatile 2022 Analysts expect the benchmark Newcastle coal index to average $175-$212 a tonne this year. Reuters | May 26, 2023 | 12:02 pm
Glencore’s shareholder opposition to climate report grows Just over 30% of the miner's investors demanded more clarity on how it will meet its commitments to cut emissions. Reuters | May 26, 2023 | 10:05 am
Nippon Steel still in talks with Teck as it seeks stake in coal asset Nippon Steel said in February it will spend around C$1.15 billion to buy a 10% stake in Elk Valley. Reuters | May 25, 2023 | 10:06 am
China buys more Australian coal as appetite for quality builds Australian cargoes in April of mostly thermal coal for power plants surged 75% from the prior month. Bloomberg News | May 23, 2023 | 8:19 am