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…
Coal
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…
New South Wales approves Vickery coal mine expansion
The Independent Planning Commission of Australia’s New South Wales government approved a US$607-million extension of Whitehaven Coal’s (ASX: WHC) Vickery coal mine near Boggabri, in the state’s northwest. The approval,…
Glencore records US$2.6B loss, scraps dividend
Glencore (LSE: GLEN) posted a US$2.6 billion loss after write-downs for the first half of the year and scrapped its dividend, as the coronavirus pandemic dented global demand and lowered…
Teck delays QB2 expansion in Chile
Teck Resources (TSX: TECK.B; NYSE: TECK), Canada’s largest diversified miner, could see its Quebrada Blanca Phase 2 (QB2) expansion project in Chile delayed by up to six months due to…
Covid-19 disrupts US$8.8B of global mining output, S&P says
Covid-19 has impacted the mining industry across the globe as lockdowns and travel restrictions have forced companies to halt or scale down operations and suspend work on projects, while reopening…
PwC report points to rising ESG focus in BC mining
While the current business outlook remains uncertain, PwC Canada, in its new B.C. mines report, says the British Columbia mining industry is in a good position to withstand volatility due…
India to end decades-old monopoly on coal
India has taken a historic step towards ending the state monopoly on mining and selling coal by auctioning 41 mines in the country, a move that allows private companies to…
‘You have to think, not believe’: Canadian Mining Symposium day 2 features Don Lindsay, Jeffrey Christian
The second day of the Canadian Mining Symposium (CMS) went global on June 17, with the virtual event bringing together another set of speakers from across a wide spectrum of…
Australia fast-tracks Glencore’s Valeria coal project
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…
Queensland toughens law on mining deaths
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…
Editorial: EIA forecasts more electricity from renewables than coal in 2020
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…