Coal


Australia’s Macquarie bank to exit coal by 2024

Australia’s investment bank Macquarie Group said on Friday it will stop financing coal projects by 2024, adding to a long list of local financial institutions that have withdrawn their support…



Glencore shareholders revolt over CEO’s pay

Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief executive Gary Nagle up to…








Glencore chooses coal head Gary Nagle as new CEO

Mining and commodities trader Glencore (LSE: GLEN) said today that Gary Nagle, the head of its coal division, would replace Ivan Glasenberg as the company’s top boss early next year. Glasenberg, who has…



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