Next year augurs well for the Australian coal sector. This applies to both thermal coal (used in electricity production) and metallurgical coal (used in steel production).
News ID: 2641 Publish Date : 2018/11/17
Australia's Queensland state is set to unveil proposed resource regulations next week that will require miners to pay into an "insurance fund" for the remediation of old mines.
News ID: 2552 Publish Date : 2018/11/09
Since hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.Now a new report sees the battery raw material recovering some 30% in price. And quickly.
News ID: 2551 Publish Date : 2018/11/09
Glencore Plc on Friday reported a 12% rise in copper production so far this year, while cobalt production rose 44 percent, boosted by the restart of Katanga's processing operations in the Democratic Republic of Congo.
News ID: 2453 Publish Date : 2018/10/26
Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing the shutdown of nearly 40% of US Gulf of Mexico crude production.
News ID: 2413 Publish Date : 2018/10/12
Leading Japanese buyer Tohoku Electric Power and Australian producer Glencore have reached an agreement on October-starting term supplies of thermal coal, after Glencore appeared willing to compromise and dropped its asking price significantly, market participants said today.
News ID: 2332 Publish Date : 2018/10/02
Japanese utilities and global mining giant Glencore have settled an Australian thermal coal import contract for April 2018-March 2019 at $110 a tonne, according to several people with knowledge of the matter.
News ID: 2174 Publish Date : 2018/08/16
It seems coal miners are adopting one of two disparate strategies, either exit the business in a highly visible way to buff up your climate credentials, or sit tight, keep as quiet as possible and rake in the cash.
News ID: 1986 Publish Date : 2018/03/04
Zinc pulled back on Wednesday to below $3,400 a tonne, but stayed within shouting distance of the best levels since August 2007 as worries about global stocks of the metal, mainly used in galvanizing steel, continue to support prices.
News ID: 1859 Publish Date : 2018/01/28
Mining and metals investors were offloading the sector's big names on Friday after sharp declines in iron ore and base metals prices which according to some market observers have been running ahead of fundamentals.
News ID: 1288 Publish Date : 2017/09/10
Canadian miner Trevali (TSX:TV) reached a milestone Thursday, as it finished the acquisition of majority stakes in Glencore ’s (LON:GLEN) Rosh Pinah mine in Namibia and the Perkoa mine in Burkina Faso.
News ID: 1248 Publish Date : 2017/09/01
Glencore acquired Lomas Bayas as part of its takeover of Xstrata in 2013
News ID: 31 Publish Date : 2015/10/13