Phasing out fossil fuels hasn’t worked. Europe has a new idea for COP28

Last year’s defeat for the EU and its allies on emissions cuts at COP27 has now set up what will be one of the hardest fights ahead of COP28.

Bloomberg News | May 8, 2023 | 8:07 am

Coal India profit drops after wage cost provisions jump 12-fold

Coal India reported a 17% decline in profits following a 12-times surge in provisioning for higher staff wages.

Bloomberg News | May 7, 2023 | 10:57 am

Vedanta Resources repays $800 million loans to StanChart

Vedanta Resources said it has repaid $800 million worth of loans, another move that could assuage concerns about its liquidity.

Bloomberg News | May 6, 2023 | 12:50 pm

Investors irked by Glencore’s stance on thermal coal AGM vote

Glencore asks shareholders to reject resolution demanding more transparency on the miner's thermal coal plans.

Reuters | May 5, 2023 | 4:41 am

Teck chooses greener rail transportation for steelmaking coal

Teck and the Canadian Pacific Kansas City railroad have signed a long-term agreement.

Staff Writer | May 4, 2023 | 11:01 am

Barrick CEO Bristow rails against Ottawa’s interference in Canadian mining industry

Barrick CEO Mark Bristow is refusing to shut the door on accepting new investment from state-controlled Chinese companies, and questioned the move by Canada and the US to clamp down on such investment.

Niall McGee – The Globe & Mail | May 3, 2023 | 5:49 pm

Australian thermal coal mine aims for Q4 restart on supply deal

The Dartbrook joint venture is currently finalizing funding arrangements to meet future restart capex and working capital needs.

Reuters | May 1, 2023 | 11:50 am

Column: Soft China PMI likely to flow through to uneven commodity demand

The surprise contraction in China's manufacturing index in April underlines the uneven nature of the recovery in the world's second-biggest economy.

Reuters | May 1, 2023 | 7:52 am

Three-quarters of small earthquakes in South Korea related to mining explosions – study

Out of 182,000 small seismic events that took place in seven years in South Korea, 135,000 were related to mining explosions.

Staff Writer | April 30, 2023 | 7:34 am

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Coal financing is still booming—led by China

Screen-printed, paper-based electrodes key to detecting heavy metals in humans, the environment

Peabody to resume output at Australia coal mine next quarter

Unknown suspects attack Glencore’s railway infrastructure in Colombia

Australia export revenue to tumble as iron ore, coal prices drop

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