US coal miners call on Trump to move on
Leader of the nation’s top coal mining union, representing about 80,000 workers, says is time for Trump to concede.
Coal
Teck profit drops 67% on weak coal prices
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK), Canada’s largest diversified miner, saw its third-quarter adjusted profit fall by 66.6% as steelmaking coal prices collapsed in the period and Covid-19-related restrictions continued…
Editorial: Souring Aussie-China relations puts coal in the crosshairs
Relations between Australia and China have been strained since Prime Minister Scott Morrison called for an independent global investigation into the origins (and initial handling) of the coronavirus pandemic. The…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
Australia’s Queensland state approves giant coal mine project
Authorities in Queensland have granted Pembroke Resources a mining lease for its A$1 billion (US$710 million) Olive Downs mine, which is poised to become the state’s third-largest coal operation. The…
BHP targets 30% reduction in emissions by 2030
BHP (NYSE: BHP; LSE: BHP) has unveiled a revamped strategy to cut operational emissions by 30% by 2030 from this year’s levels, but it stopped short of tackling Scope 3…
TSX down, Aug. 31-Sept. 4
The S&P/TSX Composite Index fell 2.92% to 16,218.01 during the Aug. 31-Sept. 4 trading week. The S&P/TSX Global Base Metals index dropped 0.66% to 104.84, and the S&P/TSX Global Gold…
BHP to mine Australian coal using greener energy
BHP (NYSE: BHP; LSE: BHP) said this week it had inked a deal to support the development of new solar and wind farms in Australia’s Queensland state as part of…
BHP plans ‘very tangible actions’ on carbon emissions
BHP (ASX, LON, NYSE: BHP) is fine-tuning a revamped strategy to reduce the company’s operational emissions and its use of diesel by 2030, chief executive Mike Henry said on Thursday….
MAC says fed review of Teck’s Castle project ‘political in nature’
Canada’s national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government’s decision to review Teck Resources’ (TSX: TECK.B; NYSE: TECK) proposed Castle Mountain…
Commentary: Coal mining ends in England, but Earth Overshoot Day points way forward
It has been a difficult week for English mining engineers. A coal open pit closed in Durham on the same day (Aug. 17) as a thought-provoking press release by Global…
China approves merger of state-owned coal giants
China has approved the merger of two of Shandong province’s top state-owned coal miners, Shandong Energy Group and Yankuang Group. The combined company, China’s second-largest coal producer after China Energy…