Coal Top Stories

Teck leaning towards partial sale of coal unit as it weighs new restructuring plan

Teck is leaning toward selling only a portion of its coal business, according to mining veteran Pierre Lassonde, who is hoping to emerge the victor in a continuing auction of the company.

Niall McGee - The Globe and Mail mining reporter | June 5, 2023 | 1:07 pm

Top climate finance group floats guidance on Asia coal phaseout

The region’s largest economies are highly dependent on coal, with…

Bloomberg News | June 5, 2023 | 7:42 am

Solar beats coal in Europe for first time – but there’s a glitch

Solar panels generated more electricity than all of the bloc’s…

Bloomberg News | June 3, 2023 | 11:48 am

Teck’s attempt to gain CIC support for coal split hits wall — report

The miner is reportedly finding it difficult to secure the…

Cecilia Jamasmie | June 2, 2023 | 3:41 am

Colombia coal production may grow 10.7% in 2023, industry group says

Colombia's coal production could hit 71.9 million tonnes this year,…

Reuters | June 1, 2023 | 11:12 am

Coal revival threatens to push power sector emissions to record

Global carbon emissions from power plants may be headed for a record high this year.

Bloomberg News | October 5, 2022 | 7:59 am

US coal prices climb past $200 as global energy crunch boosts demand

Coal remains a leading fuel in US power plants, and the soaring prices will ratchet up pressure on US homes already struggling with record-high electricity bills.

Bloomberg News | October 3, 2022 | 8:38 am

Coal miners consider bids for South African renewables firm

Exxaro and Thungela, South Africa’s two largest coal miners, are considering bids for Actis LLP’s BTE Renewables.

Bloomberg News | September 29, 2022 | 10:17 am

China to host almost a third of the world’s new coal mines

Based on data from Global Energy Monitor, China had 559 million tonnes of proposed new coal mines at the start of the year.

Bloomberg News | September 29, 2022 | 9:59 am

Top-gaining Asia stock with 1,650% jump is Indonesian miner

Shares of Adaro Minerals Indonesia have surged more than six times the second-best stock on the MSCI Asia Pacific Index.

Bloomberg News | September 29, 2022 | 8:42 am

Anglo coal spinoff looks cheap against peers after 1,300% surge

Thungela Resources has soared more than 1,300% since the South African coal miner was carved out of Anglo American last year.

Bloomberg News | September 28, 2022 | 9:34 am

Revised Colombia tax bill still puts mining investment at risk – industry group

The Colombian Mining Association president said even the modified bill put an undue tax burden on miners, citing what was a 90% effective tax rate.

Reuters | September 27, 2022 | 12:16 pm

Colombia gov’t agrees to ease tax changes to oil, mining

The government has agreed to back continued royalty deductions in exchange for raising income taxes on extractive industries by 5%.

Reuters | September 26, 2022 | 6:07 pm

Coal price renaissance: how long can it last?

No one saw coal prices of $400 to $600 per tonne coming, including those in the coal industry.

Nelson Bennett - Business in Vancouver | September 26, 2022 | 11:57 am

First

Last