Chubb said it will stop underwriting the construction or operation of new coal-fired plants to fight climate change. The insurer will also stop underwriting or making new debt or equity investments in companies that derive more than 30% of their revenu…
Chubb ceases new coal-plant business to fight climate change Read More »
Three miners died after a tremor on Monday at a Polish coal mine owned by mining group PGG, the company said, in the deadliest incident in the country’s mining industry this year. The quake with a magnitude of 2.66 was felt on Monday afternoon in the S…
Three coal miners die in Poland after quake Read More »
South Africa will shut down its entire rail network transporting coal from pits to customers for almost two weeks to undertake scheduled repairs, State-owned freight rail logistics firm Transnet said on Friday. Transnet Freight Rail said the shutdown, …
South Africa’s entire coal line to be shut for maintenance – Transnet Read More »
Exxaro Resources CEO Mxolisi Mgojo is not “too worried” about the expected 5% decline in the miner’s coal production for the first half of this year, as he expects the company will meet its full year targets. The company on Wednesday attributed the exp…
Mgojo confident Exxaro will meet full-year coal production targets Read More »
Aim-listed Edenville Energy has started mining operations at the new northern area of its flagship Rukwa coal project, in Tanzania, and has also recorded a number of other recent project developments. This start of mining follows the completion of the …
Edenville starts mining at northern area of Rukwa Read More »
For the clearest sign yet that renewable energy has gone mainstream, consider this: Clean energy resources supplied more of America’s electricity than coal for the first time ever in April.
Hydropower dams, solar panels and wind turbines generated alm…
For first time ever, renewables surpass coal in US power mix Read More »
Exxaro Resources expects its coal production to fall by 5% by volume in the first half of 2019, mainly due to reduced demand from struggling state-owned power utility Eskom, it said on Wednesday. It added it expects domestic coal demand and pricing to …
Exxaro says Eskom woes to hit coal production Read More »
Indonesian coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources.
The Indonesian government is in the process of amending coal mining rules to…
Indonesia regulatory changes to bring more uncertainty to coal sector Read More »
Despite a turbulent second half in coal miner Wescoal’s financial year ended March 31, the company remains positive about achieving its ten-million-tonne run-of-mine (RoM) production target from the 2021 financial year.
Until then, CEO Reginald Deman…
Wescoal prioritises steady-state production after challenging financial year Read More »
Bavaria, Germany’s industrial powerhouse, wants the nation to stop burning coal by 2030, eight years before Chancellor Angela Merkel’s deadline.
Germany’s plan to exit the fossil fuel is unrealistic and won’t work unless a more aggressive target is se…
Bavaria seeks fast-track German coal exit in snub to Merkel plan Read More »
