Australia’s state of Queensland has granted Glencore’s (LSE: GLEN) A$1.5-billion (US$1 billion) Valeria coal mine the status of “coordinated project” in order to fast-track it, as the nation seeks alternatives…
Australia’s state of Queensland has passed a law that will see mining executives spend up to 20 years in jail, and companies hit with fines of up to A$13 million…
In April, Longview Power filed for bankruptcy. The company’s main asset is its 700 megawatt (MW) coal-fired power plant in West Virginia, which produces enough electricity to continuously power more…
Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America…
Anglo American (LSE: AAL) is speeding up its exit from thermal coal and plans to spin off its South African coal unit within the next three years. Mounting pressure from…
In the coming decades, the ability to combine massively reduced greenhouse gas emissions with wider business goals will be the hallmark of successful mining companies. Climate change is recognized by…
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get on-site due to restrictions. S&P…
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not…
The Dow Jones Industrial Average fell 2.70%, or 584.25 points, to 21,052.53 and the S&P 500 dropped 2.08%, or 52.82 points, to 2,488.65. Spot gold fell finished the week at…
The S&P/TSX Venture Composite Index lost 1.19% to finish the trading week at 383.94. Gold X Mining’s shares rose 20¢ to $1.53. The junior, which is advancing its Toroparu project…
The Dow Jones Industrial Average fell 17.30% (4,011.64 points) to 19,173.98 and the S&P 500 dropped 14.98%(4,061.1 points) to 2,304.92 during the Mar. 16-20 trading week. Spot gold fell US$31.10…
The S&P/TSX Composite Index plunged 13.59% (1,864.5 points) to finish the March 16-20 trading week at 11,851.80. The S&P/TSX Global Mining Index fell 3.42% to 57.12, while the S&P/TSX Global…
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