Rise in coal shipments may signal market shift
GLOBAL thermal coal shipments reached their highest levels since late 2024 during August, driven by robust import demand from China, Japan and South Korea,...
Anglo cuts hundreds of Australian mining jobs
ANGLO American has cut jobs at its Australian coking coal operations aimed at ensuring the long-term viability whilst maintaining production levels, said Bloomberg News...
Paladin Energy completes A$300m equity raise
PALADIN Energy said on Wednesday it had raised A$300m through the placement of shares with investors and through a 'bought deal' in Canada.
The Australian-listed...
Mali conducts airstrikes amid militant fuel blockade
MALI'S military has launched airstrikes in the gold-rich Kayes region following attempts by al Qaeda-affiliated militants to impose a fuel blockade on the landlocked...
Nuclear revival threatens uranium supply shortage
A RESURGENCE in nuclear power could trigger a critical uranium shortage as global demand soars while mine production plummets, said the Financial Times citing...
Lloyd’s reverses fossil fuel coverage ban
LLOYD'S of London's new CEO has abandoned his predecessor's climate commitments, allowing insurers to resume covering the most polluting fossil fuel projects.
Patrick Tiernan told...
Top US coal miner sees booming demand
US electricity consumption is rising so rapidly that coal usage could increase dramatically, said Bloomberg News citing comments by Peabody Energy Corp.
The surge in...
Exxaro looks to higher dividend payments after manganese deal
EXXARO Resources held up well in the six months to end-June increasing headline earnings 13% and raising its interim dividend as management focussed on...
Anglo, Peabody to lock horns after $3.8bn deal culled
THE stage has been set for a legal battle between US coal major Peabody and Anglo American after Peabody terminated its purchase agreement to...
Thungela CEO upbeat despite coal price slide
THUNGELA Resources level-pegged on coal export volumes for the six months to end-June but earnings were clobbered by lower export prices which dropped 11%...