Mining News Pro - Investors pushing for more transparency on miner Glencore’s thermal coal production said its decision not to support a shareholder resolution on the topic showed a “fundamental lack of willingness to engage”.

Saturday, May 6, 2023 - 23:14:20

Visit: 838

Mining News Pro - Prime Minister Justin Trudeau said Canada will stop exporting thermal coal by 2030 at the latest as part of the country’s plans to support the global phase-out of the fossil fuel in favour of cleaner alternatives.

Wednesday, November 3, 2021 - 12:56:07

Visit: 461

Mining News Pro - The Coal Association of Canada says Ottawa’s recent ban on new thermal coal mining projects or plans to expand existing mines on environmental damage grounds will lead to the market gap left being filled with inferior-quality coal from elsewhere.

Thursday, June 17, 2021 - 13:58:14

Visit: 609

Mining News Pro - The Canadian government on Friday announced its thermal coal mining policy, which will make it harder for new thermal coal mining and expansion projects to be approved.

Monday, June 14, 2021 - 13:51:01

Visit: 706

Mining News Pro - The Canadian government will no longer approve thermal-coal mining projects because of their contribution to the climate crisis.

Saturday, June 12, 2021 - 12:38:21

Visit: 1129

Mining News Pro - Anglo American is the second company to cut off its South African thermal coal assets following a similar move by South32 last week.

Friday, April 9, 2021 - 2:15:45 PM

Visit: 649

Mining News Pro - Diversified mining and marketing company Anglo American is to demerge its South Africa thermal coal operations, the company said on Thursday.

Thursday, April 8, 2021 - 3:12:25 PM

Visit: 635

Mining News Pro - Earnings for US-based thermal coal producers will improve in 2021, Moody’s Investor Service predicts in its latest industry report. Specifically, domestic coal consumption will increase by 5%-10% in 2021, and US thermal coal producers will generate stronger earnings and cash flow, facilitating modest debt reduction for certain stronger producers and some producers’ transitions toward metallurgical coal production, the researcher said.

Tuesday, March 30, 2021 - 6:57:28 PM

Visit: 751

Mining News Pro - Itochu Corporation plans to start divesting its thermal coal mining assets in Australia from this year.

Thursday, January 14, 2021 - 10:16:27 AM

Visit: 664

Mining News Pro - CIMIC Group subsidiary Sedgman has received a $120 million contract extension at Mach Energy’s Mount Pleasant thermal coal mine in New South Wales.

Monday, January 4, 2021 - 12:22:44 PM

Visit: 637

Mining News Pro - South Africa’s antitrust tribunal on Wednesday approved the sale of Australia’s South32 thermal coal business to Seriti Resources Holdings, clearing another hurdle in the miner’s way to sealing the deal.

Thursday, December 24, 2020 - 11:34:02 AM

Visit: 678

Mining News Pro - Anglo American will divest from its South African and Colombian thermal coal operations by mid-2023, the miner said on Friday.

Saturday, December 12, 2020 - 10:46:39 PM

Visit: 695

Mining News Pro - TerraCom has delivered strong operational results at its Blair Athol mine in Queensland despite a challenging thermal coal market.

Friday, December 11, 2020 - 12:43:23 PM

Visit: 593

Mining News Pro - The Minerals Council of Australia released a report related to the outlook for seaborne thermal coal in terms of demand to 2030 in the Asia Pacific region.

Thursday, October 29, 2020 - 4:08:54 PM

Visit: 706

Mining News Pro - New research conducted on behalf of the Minerals Council of Australia (MCA) has noted that the demand for thermal coal imports in the Asia Pacific region will grow by more than 270-million tonnes to 2030, to reach 1.1-billion tonnes a year.

Wednesday, October 28, 2020 - 1:04:07 PM

Visit: 1003

Mining News Pro - U.S. coal miners are searching for an exit from the power business, or getting pushed there.

Saturday, October 10, 2020 - 12:31:43 PM

Visit: 650

Mining News Pro - Fitch Solutions is revising down its thermal coal price forecast for 2020 to $55/tonne from $65/tonne as demand for Newcastle coal is set to remain weak while supply is ample, the market analyst said in its latest report.

Saturday, September 19, 2020 - 11:04:17 AM

Visit: 734

Mining News Pro - Anglo American chief executive Mark Cutifani is mulling over the company’s exit from its South African thermal operations.

Tuesday, August 4, 2020 - 12:23:18 PM

Visit: 755

Mining News Pro - BHP Group has rejected early offers for its Australian thermal coal business that missed the miner’s own valuation as the year-long hunt for a buyer continues, according to people familiar with the matter.

Friday, July 17, 2020 - 2:45:16 PM

Visit: 832

Mining News Pro - Australia’s second-largest pension fund aims to almost halve carbon emissions across its investments within a decade as it joins global peers in mitigating the risks of climate change. first state super said it will advocate for Australia’s economy to reduce its greenhouse gas emissions by 45% by 2030 and replicate the target in its portfolio.

Thursday, July 9, 2020 - 2:37:17 PM

Visit: 773

Mining News Pro - BHP, the world’s largest miner, is said to have hired Macquarie Bank and JP Morgan to sell its Mt Arthur thermal coal mine in Australia, as pressure from investors and the public to reduce its exposure to fossil fuels mounts.

Thursday, June 25, 2020 - 12:45:41 PM

Visit: 881

Mining News Pro - Westpac plans to back out of thermal coal mining by 2030 in a move to fulfil the bank’s zero emissions targets.

Tuesday, May 5, 2020 - 12:54:21 PM

Visit: 687

Mining News Pro - Glencore has greeted 2020 with a steep decline to its Australian coking coal production, but its thermal coal portfolio offset the blow.

Tuesday, May 5, 2020 - 12:30:58 PM

Visit: 887

Mining News Pro - Citigroup will stop providing financial services to thermal coal-mining companies over the next 10 years to help accelerate the economy’s shift away from fossil fuels.

Tuesday, April 21, 2020 - 12:37:02 PM

Visit: 767

Mining News Pro - Canada’s Minister of the Environment and Climate Change, Jonathan Wilkinson, in partnership with Natural Resources Minister, Seamus O’Regan, have announced that Canada will launch a strategic assessment looking into how future new thermal coal mine projects will be assessed under the government’s Impact Assessment Act.

Monday, December 23, 2019 - 11:49:08 AM

Visit: 830