Anglo American takes US$1.6B writedown on UK mine
Anglo American (LSE: AAL) swung to a loss in the first half of the year after taking a fresh US$1.6 billion writedown on its Woodsmith fertilizer project in the U.K.,…
Anglo American (LSE: AAL) swung to a loss in the first half of the year after taking a fresh US$1.6 billion writedown on its Woodsmith fertilizer project in the U.K.,…
Telling the stories of reinvented coal mining regions, regenerated communities and rebuilt ecosystems, a new book published this month – 102 Things to Do with a Hole in the Ground…
Environment Canada has laid five charges against Teck Coal Ltd. after the company was alleged to have dumped substances harmful to fish into waters near its Ek Valley operations in…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is said to be studying potential takeover bids for smaller rivals, including Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified…
Anglo American (LSE: AAL) is said to have formally kicked off a process to divest its coal assets, enlisting the services of three top banks as part of a broader…
The federal government has approved the $9.5-billion sale of Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) coal business to Swiss-based resource giant Glencore (LSE: GLEN). Teck agreed in November to sell the…
BHP (LSE: BHP; NYSE: BHP; ASX: BHP), the world’s largest miner is reportedly reducing by 20% short-term incentives offered for the 2023-24 fiscal year to all employees, the Australian Financial…
A gas fire at Anglo American’s (LSE: AAL) Grosvenor metallurgical coal mine in northeast Australia could see operations suspended for more than one year and affect the company’s restructuring plans,…
Critical metals are a key economic driver for British Columbia’s mining industry, but government regulation, interest rates and inflation threaten opportunities, accounting firm PwC says in a new report. Green…
Applications to drill for metallurgical coal in southwestern Alberta are pitting ranchers against an exploration company backed by Australian mining billionaire Gina Rinehart. Calgary-based Northback Holdings, a subsidiary of Rinehart’s…
Ecora Resources (TSX: ECOR) saw a big uplift in coal contributions to first-quarter revenue as the Kestrel underground mine restarted in Queensland, Australia, CEO Marc Bishop Lafleche said in a…
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
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