While the coronavirus pandemic is accelerating the death of coal in developed nations, the dirtiest fossil fuel is alive and kicking in Asia.
Demand for electricity plunged — and with it the need for coal — as factories around the world sat dormant …
The pandemic has everyone ditching coal quicker — except Asia Read More »
Add trigger-happy Brazilian prosecutors to the list of probable drivers of commodity markets in the coming months.
As the pandemic strains supplies, judges in Brazil have granted prosecutors’ requests to shut major mining and meat operations in recent…
Gung-ho Brazil prosecutors become unlikely commodity influencers Read More »
Gold imports by India slumped by about 99% for a second straight month in May, disrupted by restrictions to control the coronavirus outbreak in the world’s second-biggest consuming nation.
Inbound shipments fell to 1.3 tons last month from 105.8 tons …
Gold imports by India tumble for a second month on lockdown Read More »
The European Union steel industry lashed out at the EU’s trade authority for failing to slash import quotas in a planned revamp of them, saying producers in the bloc risk going bust.
The European Steel Association and chief executive officers of EU-ba…
Europe’s steel industry rips into EU revamp of import controls Read More »
Investigators have determined that the leakage of of 20 000 t of diesel (about 150 000 barrels) from a reservoir at a power plant in Russia’s Far North was caused by damage from thawing permafrost—just the latest sign of the catastrophic effects climat…
Giant spill in Russia offers a glimpse of the Arctic’s future Read More »
Vale was ordered by a Brazilian labor court to close three iron-ore mines at its Itabira complex in Minas Gerais state after an outbreak of Covid-19 among workers.
The decision restores a ban on operations at the Conceicao, Caue and Periquito pits aft…
Judge orders Vale to close three mines because of virus Read More »
In one of the world’s biggest diamond vaults, hidden inside a nondescript office compound on the dusty outskirts of Botswana’s capital, the precious stones just keep piling up. Owner De Beers, which mines and auctions most of its gems in the southern A…
The great diamond glut: Miners stuck with gems worth billions Read More »
The Trump administration is seeking to overhaul the way it calculates the costs and benefits of environmental regulation, a move that could make it harder to justify air pollution curbs.
The Environmental Protection Agency is set to formalise the new …
Trump plan could make air pollution curbs tougher to justify Read More »
Russia declared a federal state of emergency in the Krasnoyarsk region as pollution from a diesel spill in the Arctic city of Norilsk drew comparisons with the Exxon Valdez accident off Alaska in 1989.
The state of emergency was announced late Wednesd…
Russia declares state of emergency over Nornickel’s Arctic fuel spill Read More »
Oil retreated from a three-month high as Opec+ unity was threatened by a long-running feud over complying with production cutbacks, while U.S. data cast doubt on the strength of the demand recovery. Futures in New York fell around 2% to below $37/bl af…
Oil slips with Opec+ discord and US demand data sowing doubt Read More »
