Discussions are faltering about how to shut down Germany’s lignite coal industry as company executives and government ministers struggle to agree over the politically charged issue of how to compensate industry for plant shutdowns.
Ten months after Ge…
Germany’s coal exit talks founder on compensation dispute Read More »
In the end, the unraveling economics of coal proved too much for even a giant among power generators to handle.
At 12:09 p.m. local time on Monday – after churning out electricity for almost five decades – the largest coal-fired power plant in the wes…
A massive coal plant that asked for Trump’s help has gone dark Read More »
About 3 200 workers at Canadian National Railway Co went on strike at midnight Tuesday, threatening to crimp shipments of oil, potash and grain across the country.
Conductors and yard operators at Canada’s largest railway walked off the job after fail…
CN Rail strike begins in threat to Canadian oil, potash cargo Read More »
It’s the most nettlesome problem in the quest to ditch fossil fuels: how can you get thousand-degree heat used in factory furnaces without pumping billions of tons of greenhouse gases into the atmosphere? Heat-intensive processes like steelmaking and o…
Fuel for rockets, Zeppelins points toward green heat solution Read More »
US miner Contura Energy’s $800-million bet on international coal markets is souring.
In November 2018, when Contura bought Alpha Natural Resources and became America’s biggest supplier of metallurgical coal, global prices for the fuel were climbing –…
US coal giant is ‘unglued’ as $800m takeover sours Read More »
Russia has earned more money this year from the Opec+ deal than Saudi Arabia, underscoring how the kingdom has carried a greater share of the burden of production cuts. Saudi Arabia on average has cut production almost ten times deeper than Russia sinc…
Russia is making more money from Opec+ deal than Saudi Arabia Read More »
Companies mining and buying copper and cobalt from the Democratic Republic of Congo must do more to fight corruption and child labor in the country, the Organisation for Economic Cooperation and Development said. Congo is the world’s largest cobalt pro…
Corruption, child labour risk in Congo’s cobalt industry, OECD warns Read More »
Artisanal gold mines in West Africa’s Sahel zone have become a source of financing and recruits for Islamist militants in the region as they secure sites or levy illicit taxes, according to the International Crisis Group. “The main jihadist groups in t…
Jihadist groups cash in on artisanal gold rush in West Africa Read More »
Five years ago, the diamond industry’s biggest worry was being forgotten by millennials, who – the theory went – didn’t covet sparkly gems the way their parents had. The concern turned out to be mostly unfounded, but the reality is almost worse. While …
Diamond jewellery sales rise in US as precious gem prices fall Read More »
South Africa’s largest platinum mining labour union said it’s seeking further “technical” talks with the country’s leading producers on Wednesday, after postponing a planned signing ceremony for a new wage deal. “AMCU has called urgent technical meetin…
AMCU wants talks as deal signing delayed Read More »
