Glencore’s Hayward re-appointed despite criticism from shareholder advisory on environment
RECOMMENDATIONS by shareholder advisory Pirc to consider voting Glencore chairman, Tony Hayward, off the board went unheeded today.
Just less than 4% of shareholders voting...
UK’s largest private pension turns back on coal (as well as...
THE coal industry took another blow this week after the UK's largest private pension manager said it would sell investments in the sector and...
KCM to buy electricity directly from Zesco after power deal with...
KONKOLA Copper Mines (KCM), the company in which Vedanta has an 80% stake, will source power directly from Zambia's state-owned utility, Zesco, after negotiations...
Glencore chairman Tony Hayward defends group’s greenhouse gas emission targets
GLENCORE chairman, Tony Hayward, stood behind the Swiss mining and minerals trading group's greenhouse gas emission targets, telling shareholders in a call they were...
Reviewing coal contracts might be a good move for Eskom, depending...
COAL supply agreements between mining firms and Eskom are routinely private affairs which is why the idea of indexing domestic coal has failed to...
South32, Seriti kept waiting on critical deal whilst Eskom mulls ins...
SOUTH32 appears completely justified in giving the proposed sale of its South African thermal coal business a long-dated completion.
The Sydney- and Johannesburg-listed mining group...
Eskom hoping to delay closure of three oldest coal-fired power plants
ESKOM plans to delay the closure of three of its oldest coal-fired power plants in order to maintain generation capacity, said Bloomberg News.
Citing documents...
Norway’s $1Tr oil fund announces its exit from Anglo, Glencore owing...
NORWAY'S $1Tr oil fund is to sell its shares in Anglo American and Glencore owing to the companies' exposure to thermal coal - a...
Anglo identifies demerger as possible route for separation from SA thermal...
ANGLO American planned to exit its South African coal business in three years by spinning off the assets, said Bloomberg News citing written comments...
Explosion at Anglo American’s Grosvenor metallurgical coal mine injures five people
AN explosion at a coal mine run by Anglo American in Australia’s Queensland state has injured five people and halted production, said Reuters citing...