Coal

After running two major coal producers over a decade, Kevin Crutchfield decided it was time to move on when Wall Street began shunning the fuel.

While coal’s price volatility was always a challenge, the increasingly cold reception from investors prove…

ASX-listed Bowen Coking Coal has struck a non-binding term sheet with a subsidiary of Sumitomo Corporation, over the Hillalong coking coal project, in Queensland.

The two companies have agreed to negotiate the terms of a formal and legally binding ear…

South Africa needs to consider its unique position and its level of industrialisation to determine what should be deemed a “just transition”, Menar chairperson Mpumelelo Mkhabela said during a panel discussion at this year’s Joburg Indaba, in Sandton, …

South Africa’s transition from coal-fired electricity generation to other sources is a “complicated problem to solve”, in the sense that the solution cannot depend on one organisation, or entity, alone, Exxaro Resources CEO Mxolisi Mgojo told delegates…

Russian steel and coal producer Mechel has agreed to buy Gazprombank’s 34% stake in the Elga coal deposit for around 30-billion roubles ($461-million), two sources familiar with the matter told Reuters on Thursday.

Mechel is expected to pay for the st…

The Queensland Department of Environment and Science has given environmental approval for the proposed A$1-billion Olive Downs coal mine.

The state government gave approval for the project in May this year, saying that it would create 1 000 operation…

Murray Energy, the US coal giant that had pressed the Trump administration for help averting bankruptcy, may be headed toward default.

The largest closely held coal miner in America failed to make multiple payments to lenders this week, the company sa…

Africa Coal Partners, a special purpose vehicle set up and managed by global investment holding company Duet Group, will acquire South Africa-focused coal miner Ichor Coal’s 45.18% stake in Mbuyelo Coal for €95 million. Mbuyelo Coal operates three open…

After powering the British economy for centuries, coal is a dying breed in the nation’s energy mix.

The combustible sedimentary rock accounted for as much as 40% of the electricity generation only six years ago, but that figure dropped to 5% last year…

Six coal states are pressing the Trump administration to wrap up an almost two-year inquiry into whether coal and nuclear plant retirements are threatening the electric grid.

In letters to the Federal Energy Regulatory Commission, which overseas US po…