South32 hasn’t found buyer for Eagle Downs coal project
South32 (LSE: S32; ASX: S32; JSE: S32) is still looking to sell its 50% interest in the Eagle Downs metallurgical coal project in Queensland, Australia,…
Coal
The tough times will pass for boom-and-bust mining sector
I have been working with a great group of young professionals lately that have generated some interesting conversations. Some of them voiced fears and dismay…
US markets flat over July 11-15 trading week
Over the July 11-15 trading week, the Dow Jones Industrial Average gained 113.23 points, or 0.36%, to 31,451.38, and the S&P 500 fell 8.27 points…
TSX sees more pain during July 11-15 trading week
July 11-15 was another painful week for metals markets and equities. The S&P/TSX Composite Index slid 628.41 points, or 3.3% to 18,394.45; the S&P/TSX Global…
Anglo American, Nippon Steel to work on low-carbon steelmaking
Anglo American (LSE: AAL) and Japan’s Nippon Steel have joined forces to develop solutions for lower-carbon steelmaking, a process responsible for up to 9% of…
The view from England: The UK’s burning decision on coal
Boris Johnson’s government seems set to approve the first new underground coal mine in the U.K. for 36 years. Such an outcome (a decision is…
Canada’s Top Ten miners by market cap
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are…
Teck tests carbon capture use and storage in British Columbia
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, has set a carbon capture utilization and storage (CCUS) pilot project at its metallurgical complex in southern British…
Glencore trading profit poised for best-ever year
Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target…
BHP to shut Mt Arthur coal mine as buyers walk
BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) planned exit from thermal coal has been modified as the company has decided to keep its Mount Arthur…
PDAC 2022: Colombia pushes diversification of mining sector as presidential vote looms – interview
Just ahead of a runoff presidential election in Colombia that will determine current president Iván Duque’s successor, The Northern Miner caught up with the country’s…
Anglo American takes on an industry-first sustainability-linked loan
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining…