Blair Athol coal mine life extended by 10 years
Life extension of central Queensland’s coal mine follows a reserves update that added 19.5 tonnes.
Coal
BHP looks to the future; US Senate passes infrastructure bill
After years of indecision and US$4.5 billion (pre-tax) invested in development since 2008, BHP has announced that it will move forward with its Jansen potash project in Saskatchewan and approved…
Benga Mining applies for judicial review following Canada’s coal mine snub
A unit of Australian billionaire Gina Rinehart’s Hancock Prospecting, Benga Mining, has applied to the Federal Court of Canada for a judicial review of the rejection of the proposed US$800…
Feds give thumb’s down to Grassy Mountain met coal project
Following a rejection of the Grassy Mountain metallurgical coal project in Alberta from a joint review panel last month, Benga Mining has now received a second “no” – this one…
US markets climb, Aug. 2-Aug. 6
The Dow Jones Industrial Average gained 273.04 points or 0.78% to 35,208.51 during the Aug. 2-6 trading week and the S&P 500 rose 41.26 points or 0.94% to 4,436.52. Spot…
Curb your enthusiasm: No end in sight for burning coal
While some banks and other lenders are cutting off funding for new coal-fired power plants and turning their backs on coal mining projects more generally, the number of new coal…
Anglo American half-year profit best in its 104-year history
The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.
Coal mining byproduct effective for land reclamation, study says
A researcher at the University of Alberta in Canada has discovered that nano humus, a substance extracted from coal mine deposits and then crushed to a black, powdery material, is…
Top Ten U.S. miners
Mining in the United States has played a significant role in the country’s development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization,…
Australia must weigh climate change in mine approvals, court says
A federal court in Australia has ruled that the government of Australia must consider the risks carbon dioxide emissions pose to young people when approving new coal mines or expansions…
Glencore grabs Anglo American, BHP stakes in Cerrejon coal mine
Miner and commodities trader Glencore (LSE: GLEN) is buying out partners Anglo American (LSE: AAL) and BHP’s (ASX, LON, NYSE: BHP; LSE: BHP; ASX: BHP) stakes in the Cerrejón thermal coal…
Renewables are winning the cost war against fossil fuels, report says
A new report by the International Renewable Energy Agency states that over the past 10 years, clean energy has not only started seriously competing with fossil fuels but has significantly undercut them when…