Coal Top Stories

BHP Billiton to escalate defence from Elliott with Goldman’s help

Analysts expect BHP to argue that a demerged petroleum business…

BHP rejects activist fund Elliott urge to spin off US oil assets

Company says the associated risks of spinning off about $22…

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Patriot Coal goes bankrupt

Patriot Coal confirmed Monday what everyone already knew: the company is headed to bankruptcy, causing shares to implode in regular trading and continue to fall after hours.

Mining companies committed to UN human rights principles: study

New research released Monday indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must keep up the momentum in order to maintain public confidence in their efforts.

Colombian coal workers vote to strike

Colombian coal workers voted on Saturday to strike over pay and working conditions at the 3-million-tonne-per-year La Jagua mine of Glencore's Prodeco unit, a union said. Colombia is the world's fourth-largest coal exporter and Glencore's La Jagua - one of the mining concessions it owns in the nation - has some of the country's highest quality coal.