BHP and Mitsubishi close US$4.1B sale of Queensland coal mines
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) and Mitsubishi Development Pty have completed the sale of the Blackwater and Daunia mines to Whitehaven Coal for US$4.1 billion. The sale, first…
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) and Mitsubishi Development Pty have completed the sale of the Blackwater and Daunia mines to Whitehaven Coal for US$4.1 billion. The sale, first…
Thermal coal producer Consol Energy (NASDAQ: CEIX) is one of scores of companies hit by this week’s collapse of the Francis Scott Key Bridge that has shut the port of…
The Biden administration is granting almost half a billion dollars to clean energy projects run by Freeport-McMoRan (NYSE: FCX), the Nevada Gold Mines partnership of Barrick Gold (TSX: ABX; NYSE: GOLD)…
Mining and commodities trader Glencore (LSE: GLEN) has reported an 8.8% in its carbon emissions for 2023 as a consequence of expanding coal production and restarting an oil refinery in…
A report found that the amount set aside by Teck is inadequate to mitigate selenium contamination.
The United States and Canada announced Monday they have agreed to cooperate to reduce and mitigate the impacts of water pollution from coal mines originating in British Columbia’s Elk-Kootenay watershed….
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to forecasts by the China Electricity Council (CEC), an industry group. In…
As British Columbia breaks another spending record for mineral exploration, Association for Mineral Exploration (AME) B.C.’s president and CEO Keerit Jutla is convinced the province is turning the corner on…
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Glencore (LSE: GLEN) is moving ahead with plans to spin off its profitable but polluting thermal coal business after clinching on Tuesday a US$8.9-billion deal for the coal division of Teck Resources…
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14. Under the deal, which still must…
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