Germany’s biggest power generator will resist pressure from some environmental groups and shareholders for a rapid shutdown of its coal-fired plants much before the country’s deadline to do so by 2038.
RWE, which owns six facilities using the dirtiest…
RWE will resist pressure for quicker shutdown of coal capacity Read More »
A series of letters from state energy regulators asking the Trump administration to act on coal plant closures was orchestrated by a coal lobbying group, emails show, raising questions about the independence of the public service commissioners.
Utilit…
Coal industry pushed regulators to lobby for power rescue Read More »
South America controls about 70% of the world’s reserves of lithium, the metal used in rechargeable batteries for mobile phones and electric vehicles, but none of the infrastructure needed to put it to work.
Lithium refining and battery-assembling fac…
Lithium battery dreams get a rude awakening in South America Read More »
As he stood outside a coal mine during a campaign stop last month, Poland’s Prime Minister Mateusz Morawiecki surprisingly touted the project’s green credentials.
“Without investments like this one, we wouldn’t have renewable energy and other industri…
Poland’s backing wind power in the heart of coal country Read More »
China Minmetals, Jiangxi Copper and Zijin Mining Group are among companies considering bids for Barrick Gold’s Zambian copper mine that could fetch about $1-billion, people with knowledge of the matter said. China Molybdenum and Aluminum Corp of China,…
Barrick’s Zambian mine draws Chinese interest Read More »
Heaven-Sent Gold Group, owner of two South African gold mines, is planning to raise about $200-million in an initial public offering in Hong Kong, according to people with knowledge of the matter. The company aims to start the share sale as soon as the…
Heaven-Sent Gold seeks $200m in Hong Kong IPO Read More »
Federal Bank of Dallas president Robert Kaplan introduced some caution to investor enthusiasm that has sent gold holdings in exchange-traded funds to their longest steak of gains in a decade.
Kaplan said that the reduction in borrowing costs by the Fe…
Gold falls as Fed’s Kaplan says rate cuts should be restrained Read More »
Nigeria is seeking to recover as much as $62-billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts. The proposal comes as President Muhamm…
Nigeria demands $62bn from oil majors for past profits Read More »
Ukrainian investigators have started a process to add Kostyantin Zhevago, the billionaire chief of Ferrexpo, to an international wanted list after he failed to appear for questioning about his former banking business last month.
The businessman was na…
Ukraine seeks to add billionaire CEO to international wanted list Read More »
The sale of Iamgold has stalled after the mid-tier Canadian gold miner failed to reach an agreement with several Chinese suitors, people with knowledge of the matter said.
Chinese gold producers including China National Gold Group, Shandong Gold Minin…
Iamgold sale stalls as Chinese bidders’ talks fail Read More »
